Clara Industries Limited
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Clara Industries Limited's has transitioned to a publicly listed entity following its IPO debut on Dec 29, 2021 at the BSE exchange. The public offering successfully raised 7,02,000 Shares, consisting of 7,02,000 Sharesin new capital.
The IPO featured a competitive price range of ₹43 to ₹43 and minimum application size of 3000 shares. Market reception was evidenced through subscription activity between Dec 16, 2021 and Dec 21, 2021, reflecting investor appetite for the offering.
Allotment of shares was completed on Dec 28, 2021, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Clara Industries Limited is a flexible plastic packaging solutions provider, specializing in high-end multilayer plastic bags and rolls for sectors including FMCG, consumer products, hardware, hospitality, pharmaceuticals, clothing, edible oil, salt, and sugar. Its product range includes packaging films, flexible packaging, horticulture bags, HDPE bottles, plastic sheets and mats, and printed/non-printed items. The company primarily serves clients in Rajasthan, Bihar, Uttarakhand, Himachal Pradesh, and Punjab, operating from its 14,714 sq. ft. manufacturing unit in Saharanpur, Uttar Pradesh. In 2021, Clara Industries expanded through a Business Transfer Agreement by acquiring M/s Clara Petrochemical.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Product Portfolio: Offers a broad range of products for different needs.
- Strategic Location: Well-placed facilities that enable efficient logistics.
- Diverse Customer Base: Serves multiple industries and client segments.
- Quality Focus: Maintains high standards across products.
- Semi-Automated Manufacturing: Uses semi-automated units for efficiency and consistency.
- Strong Team: Experienced management supported by a motivated workforce.
- Employee Engagement: Provides a positive and engaging work environment.
NA
- Ms. Parry Kukreja
- Mr. Nikhil Kukreja
Clara Industries Limited
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