Essen Speciality Films Limited IPO (Essen Speciality Films IPO)

Essen Speciality Films Limited IPO
Upcoming Essen Speciality Films IPO | New Essen Speciality Films IPO

Essen Speciality Films Limited is a manufacturer and exporter of specialized plastic products in the home improvement and home furnishing industry, to renowned multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl’s, Kroger etc.

The Company has been recognized as a ‘two star export house’ by Ministry of Commerce & Industry, Government of India.

The company has also been exclusive global supplier of IKEA for certain of their products, since incorporation. Essen Speciality Films were awarded with the awards of ‘Best Supplier of the Year’, twice by IKEA.

Essen Speciality Films supply their products to twenty-four (24) countries, including but not limited to, China, Saudi Arabia, United States of America, Qatar, United Kingdom, Germany, Italy, Canada, Romania, Denmark, Poland, New Zealand, United Arab Emirates, Spain, Austria, France, Australia, Kuwait, Belgium, Austria, Sweden and Mexico.

The company also have an online presence on platforms such as Amazon, Flipkart, Snapdeal, Meesho, IndiaMart and JioMart.

Essen Speciality Films IPO

Essen Speciality Films IPO – Details

IPO Opening Date23 June 2023
IPO Closing Date27 June 2023
Issue TypeBook Built Issue IPO
Issue Size61,99,200 Shares Worth ₹66.33 Crore
Fresh Issue: 46,99,200 Shares Worth ₹[] Crore
Offer For Sale: 15,00,000 Shares Worth ₹[] Crore
Face Value₹10 per equity share
IPO Price₹101 – ₹107
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Private Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Essen Speciality Films IPO – Date Schedule

IPO Open Date23 June 2023
IPO Close Date27 June 2023
Basis of Allotment03 July 2023
Initiation of Refund04 July 2023
Credit of Shares to Demat Account05 July 2023
IPO Listing Date06 July 2023

Essen Speciality Films IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)112001,28,400
Retail (Maximum)112001,28,400
HNI (Minimum)224002,56,800

Competitive Strengths

  • Scaled platform with strong track record of growth and market leadership;
  • Experienced management team, backed by a strong board and marquee shareholders, along with strong culture of compliance;
  • Deeply entrenched, long-standing client relationships with a diversified and expanding client base.

Company Promoters

  • Pallav Kishorbhai Doshi
  • Khushboo Chandrakant Doshi
  • Karishma Rajesh Doshi

Object Of The Issue

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
  • Funding the working capital requirements of the Company.
  • General corporate purposes.
Essen Speciality Films IPO
Object Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202196.8084.459.13
31 March 2022118.57111.705.16
31 March 2023120.48106.1613.37
Amount in ₹ Crore

Essen Speciality Films IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding70%

Essen Speciality Films IPO Prospectus

Company Contact Information

Essen Speciality Films Limited

Plot No. A, Survey No. 192,
Veraval (Shapar),
Rajkot – 360 024,
Gujarat, India

Phone: +91 98253 12701

Essen Speciality Films IPO Registrar

Bigshare Services Private Limited

Phone: +91 22 6263 8200

Essen Speciality Films IPO Lead Manager(s)

1. GYR Capital Advisors Private Limited

Essen Speciality Films IPO FAQs

Essen Speciality Films IPO FAQs
What is Essen Speciality Films IPO?

Essen Speciality Films IPO is a SME IPO. The issue is priced at ₹101 – ₹107 per equity share. The IPO is to be listed on NSE SME.
When Essen Speciality Films IPO will open?

The IPO is to open on  23 June 2023 for QIB, NII and Retail Investors.
How to Essen Speciality Films IPO?

You can apply Essen Speciality Films IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Essen Speciality Films IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Essen Speciality Films”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Essen Speciality Films IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Essen Speciality Films”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Essen Speciality Films IPO Size?

Essen Speciality Films IPO size is ₹66.33 crores.
What is Essen Speciality Films IPO Price Band?

Essen Speciality Films IPO Price Band is ₹101 – ₹107.
What is Essen Speciality Films IPO Minimum and Maximum Lot Size?

The minimum bid is 1200 Shares with ₹1,28,400 amount while the maximum bid is 1200 shares with ₹1,28,400.
What is the Essen Speciality Films IPO Allotment Date?

Essen Speciality Films IPO allotment date is  03 July 2023.
What is the Essen Speciality Films IPO Listing Date?

Essen Speciality Films IPO listing date is  06 July 2023. The IPO is to list on NSE SME.
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