Clara Industries Ltd

About the Company:

Clara Industries Ltd is engaged in business of providing flexible plastic packaging solutions and serve varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt and Sugar.

Company is known in the industry for manufacturing and supplying of high-end multilayer Plastic bags and multilayer Plastic rolls in India.

In flexible packaging, company manufacture printed films with surface printing as well as reverse printing, films between 51 micron and above as mandate by government laws and also laminates in two-, three- and four-layer structure.

Company also manufacture standing pouches, side gazette pouches, Press & lock pouches and other pouches as per customer’s requirement.

Company manufactures plastic bangles which sells mostly during the festive time like Diwali and Karva Chauth.

Company primarily sell the products to thorough direct orders from clients. Company’s clients are based from Rajasthan, Bihar, Uttarakhand, Himachal Pradesh and Punjab.

 

 

Company’s History:

The Promoters initially started business of flexible packaging way back in the year 2014 in the name of M/s Clara Petrochemicals, a sole proprietorship firm.

In the Year 2021, Company through a Business Transfer Agreement (BTA), has acquired a proprietor firm named M/s Clara Petrochemical which is run and operated by our promoter Ms. Parry Kukreja.

 

Company’s Product range includes:

• Packaging Films.
• Flexible Packaging.
• Horticulture Bags.
• HDPE Bottles.
• Plastic Matts.
• Printed and non-printed Plastic Sheets.
• Plastic Bangles.

 

 

Company’s Manufacturing facilities:

Company’s manufacturing unit located at 127/1 Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur- 247001, Uttar Pradesh, India, having a total area of approximately 14,714 sq. ft.

 

 

 

Management Team:

1. Ms. Parry Kukreja (Designation: Managing Director)
2. Mr. Nikhil Kukreja (Designation: Executive Director)

 

 

 

 

Objectives of the Issue:

Fresh Issue: (Rs. 3.01 cr)

• To Meet Working Capital Requirements
• General Corporate Purposes.

 

 

Financials of the Company:

(in Crores)	2nd Sept 21 to 8th Nov 21
Revenue	0.62
Net Profit	0.30

 

 

 

IPO Details:

Details	Info
Issue Opens on	16th December 2021
Issue Closes on:.	21st December 2021
Issue Price	Rs.43
Face Value	Rs.10
Minimum Lot	3000
Minimum Investment	Rs.1,29,000
Issue Constitutes	28.29%
Issue Size	Rs.3.01 cr
Market Cap	Rs.10.66 cr
Listing at	BSE SME
Equity Shares Offered (Fresh)	7,02,000
Equity Shares Prior to the issue	17,78,980
Equity Shares after the issue	24,80,980

Also Read : List of Upcoming IPO’s in India.

 

 

Important Dates:

Finalization of Basis of Allotment	on or Before 24th December 2021
Initiation of Refunds	on or Before 27th December 2021
Credit of Equity Shares:	on or Before 28th December 2021
Listing Date:	on or Before 29th December 2021

 

 

IPO Valuation Parameters:

Earnings Per Share (EPS)	Price To Earnings ratio (PE)	Return on Net Worth (RoNW)	Net Asset Value (NAV)
9.11	4.72	16.16%	19.77

 

Check IPO Allotment Status:
Bigshare: http://www.bigshareonline.com/IPO/Allotment BSE IPO Website: https://www.bseindia.com/IPO/Allotment

 

Company Contact Info:
Clara Industries Ltd 127/1 Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur- 247001, Uttar Pradesh, India. Tel: +91- 81718 84399 Email: info@clara.co.in Website: www.clara.co.in

 

 

IPO Registrar Info:
BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059, Maharashtra, India. Tel No.: +91 – 22 – 6263 8200; E-mail: ipo@bigshareonline.com Website: www.bigshareonline.com

 

 

Lead Manager to the Issue:
GRETEX CORPORATE SERVICES LIMITED Office No. 13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion, 9-15, Homi Modi Street, Fort, Mumbai – 400 001, Maharashtra, India. Tel No.: +91 – 22 – 4002 5273 Email: info@gretexgroup.com Website: www.gretexcorporate.com