IPO

Kshitij Polyline Limited IPO

NSE SME

Offer Date: Sep 21, 2018 - Sep 27, 2018

₹ 280000 /8000 Shares
*Min Investment

21 Sep, 2018

Open Date

27 Sep, 2018

Close Date

04 Oct, 2018

Allotment Date

08 Oct, 2018

Listing Date
IPO 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

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved11,84,00011,84,00023,68,000
Day 1 - 21-09-18
2,56,000 0.22 x2,08,000 0.18 x4,64,000 0.20 x
Day 2 24-09-18
5,76,000 0.49 x3,56,000 0.30 x9,32,000 0.39 x
Day 3 25-09-18
6,24,000 0.53 x5,04,000 0.43 x11,28,000 0.48 x
Day 4 26-09-18
7,80,000 0.66 x7,64,000 0.65 x15,44,000 0.65 x
Day 5 27-09-18
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 1.22/-
P/E Ratio 28.77
RoNW 12.30%
Net Asset Value (NAV) ( As on 31.03.18 ) Rs 16.26/-
IPO - Issue Objectives
1

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 )

2

To meet working capital requirements. ( Rs 3.25 Cr )

3

General Corporate Purposes. ( Rs 0.77 Cr )

4

To meet the expenses of the Issue. ( Rs 0.45 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
AKG Exim Limited1.1920.138.46%112.35
Agro Tech Foods LimitedN/AN/AN/AN/A
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