
Kshitij Polyline Limited IPO
NSE SME₹ 280000 /8000 Shares
*Min Investment
21 Sep, 2018
Open Date27 Sep, 2018
Close Date04 Oct, 2018
Allotment Date08 Oct, 2018
Listing DateIPO Issue Details
- Issue Price Rs 35/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Fresh Issue of 25,00,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr
- Listing at NSE SME
- Lead Manager Monarch Networth Capital Limited
- Registrar Karvy Computershare Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Kshitij Polyline Limited IPO is an SME IPO, priced at Rs 35/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 21, 2018 to Sep 27, 2018. The allotment is expected to be finalized on Oct 4, 2018, and the tentative listing date is Oct 8, 2018.
The registrar of the IPO is Karvy Computershare Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,84,000 | 11,84,000 | 23,68,000 |
Day 1 - 21-09-18 | 2,56,000 0.22 x | 2,08,000 0.18 x | 4,64,000 0.20 x |
Day 2 24-09-18 | 5,76,000 0.49 x | 3,56,000 0.30 x | 9,32,000 0.39 x |
Day 3 25-09-18 | 6,24,000 0.53 x | 5,04,000 0.43 x | 11,28,000 0.48 x |
Day 4 26-09-18 | 7,80,000 0.66 x | 7,64,000 0.65 x | 15,44,000 0.65 x |
Day 5 27-09-18 | N/A x | N/A x | N/A x |
Valuations
IPO - Issue Objectives
To purchase of Machinery and Equipment to manufacture the Laminated sheet, Wiro and PP Sheet suitable for stationery and office products. ( Rs 4.28 Cr )
To meet working capital requirements. ( Rs 3.25 Cr )
General Corporate Purposes. ( Rs 0.77 Cr )
To meet the expenses of the Issue. ( Rs 0.45 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| AKG Exim Limited | 1.19 | 20.13 | 8.46% | 112.35 |
| Agro Tech Foods Limited | N/A | N/A | N/A | N/A |
| AuSom Enterprises Limited | N/A | N/A | N/A | N/A |
IPO - FAQs
Ans. Kshitij Polyline Limited IPO is a SME IPO. The issue is priced at Rs 35/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Sep 21, 2018, and closes on Sep 27, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Kshitij Polyline Limited IPO opens on Sep 21, 2018 and closes on Sep 27, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Kshitij Polyline Limited IPO is Fresh Issue of 25,00,000 Equity Shares of Rs 10/- at a price of Rs 65/- per share aggregating to Rs 25.87 Cr.
Ans. The Kshitij Polyline Limited IPO price band is set between Rs 35/- Per Equity Share .
Ans. To apply for Kshitij Polyline Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kshitij Polyline Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Kshitij Polyline Limited IPO is Oct 4, 2018.
Ans. The Kshitij Polyline Limited IPO will be listed on Oct 8, 2018.
Ans. Follow the steps to check the Kshitij Polyline Limited IPO allotment status online.