Kahan Packaging Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹72(90.00%)
Premium (ELP)
Following its successful public offering, Kahan Packaging Limited's made its market debut on Sep 18, 2023 and is now actively traded on the BSEplatform. The IPO mobilized 7,20,000 Shares in total capital, including 7,20,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹80 to ₹80 and minimum investment lots of 1600 shares. Investor participation during the subscription window from Sep 06, 2023 to Sep 08, 2023 demonstrated market confidence in the company's prospects.
The allotment process concluded on Sep 13, 2023, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
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.
Kahan Packaging Limited, incorporated in 2016, provides bulk packaging solutions to B2B manufacturers across industries such as agro-pesticides, cement, chemicals, fertilizers, and food products. The company manufactures a variety of packaging products, including PP/HDPE woven fabric laminated and unlaminated sacks, PP woven bags with or without liners, and printed laminates for flexible packaging, customized in weight, size, and color. All products are manufactured in-house at its Asangaon, Maharashtra facilities, with Factory-I producing 2,600 MT p.a. of woven fabrics and a new unit with a multicolor roto-gravure printing machine producing 500 MT p.a. Kahan Packaging recorded revenues of Rs. 1,352.58 Lacs and Rs. 1,587.95 Lacs for the periods ending December 31, 2022, and March 31, 2022, respectively.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Prashant Jitendra Dholakia
- Mr. Rohit Jitendra Dholakia
Kahan Packaging Limited
Purva Sharegistry India Private Limited