About the Company:
Kshitij Polyline Ltd is engaged in manufacturing, marketing, sourcing of Plastic Sheet, lamination sheet, folders, I card and files having wide application in printing and stationery.
Company has developed expertise in designing and innovation in office stationery, calendar, dairy and student study materials of different variety colours, design and application.
Company aims to develop the Brand for quality products for Office stationery, Publicity material, ID card & smart card, File & folders
company has developed and launched more than 125 products range in File, Folder & Diary under their Brand in Indian Market.
Further Company also has supply – Make to order – ID card with ribbon, File & Folder with client Logo and Info, Display materials for Education, Pharma, FMCG, Finance and Insurance sectors.
Company has regular business from existing clients such as Navneet Publication, Anupam Stationery, Events and Media Organisers of conference and Exhibition.
Company has developed the regular whole sellers and distributors for supply of laminated sheet, PP sheet, office stationery and allied products. KPL has established own distribution and marketing network in Pan India Basis.
Company’s Expansion Plans:
Management is planning for business expansion by having state of art manufacturing facility and comply with international standard and has plan to develop logistic & warehousing facility in Delhi, Jaipur, Culcutta, Hydrabad, Banglore, Chennai and Pune. This shall also support for E commerce and Online marketing of company‘s products.
Management Team:
- Mr. Bharat Hemraj Gala (Designation: Managing Director)
- Mr. Rahul Devshi Shah (Designation: Executive Director & CEO)
- Mrs. Rita Bharat Gala (Designation: Additional Non-Executive Director)
Objectives of the Issue:
- To purchase of Machinery and Equipment to manufacture the Laminated sheet, Wiro and PP Sheet suitable for stationery and office products.
- Working Capital Requirement.
- General Corporate Purpose.
- Issue Expenses
Financials of the Company:
| (in Crores) | FY 13 | FY 14 | FY 15 | FY 16 | FY 17 | 31st Dec 17 |
|---|---|---|---|---|---|---|
| Revenue | 13.34 | 12.67 | 12.39 | 15.57 | 17.01 | 17.00 |
| Net Profit | 0.079 | 0.11 | 0.16 | 0.19 | 0.27 | 0.84 |
Valuation of Peer Group Companies:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Kshitij Polyline Limited | 10 | 1.18 | 29.66 | 6.8% | 13.7 |
| Ecoplast Limited | 10 | 6.56 | 19.82 | 8.21% | 79.90 |
| Duropack Limited | 10 | 1.18 | 18.64 | 7.83% | 15.02 |
| Xpro India Limited | 10 | (10.42) | N.A. | N.A. | 59.47 |
| Cosmo Films Limited | 10 | 57.38 | 4.17 | 18.28% | 31.39 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 21st September 2018 |
| Issue Closes on:. | 27th September 2018 |
| Issue Price | Rs.35 |
| Face Value | Rs.10 |
| Minimum Lot | 4000 shares |
| Minimum Investment | Rs.1,40,000 |
| Issue Constitutes | 28.79% |
| Issue Size | Rs.8.75 cr |
| Market Cap | Rs.30.39 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 25,00,000 |
| Equity Shares Prior to the Isuue | 61,83,336 |
| Equity Shares after the Issue | 86,83,336 |
Important Dates:
| Finalization of Basis of Allotment | on or Before 3rd October 2018 |
| Initiation of Refunds | on or Before 4th October 2018 |
| Credit of Equity Shares: | on or Before 5th October 2018 |
| Listing Date: | on or Before 8th October 2018 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 1.18 | 29.66 | 6.8% | 13.7 |
Knowledge Corner: (Click on the Link)
| Company Contact Info: |
|---|
| Kshitij Polyline Limited 8, Sona Udyog, Parsi Panchayat Road, Andheri East, Mumbai- 400069, Maharashtra, India. Tel No.: +22 42234115 Email Id: khsitijpolyltd@gmail.com Website: www.kshitijpolyline.co.in |
| IPO Registrar Info: |
|---|
| KARVY COMPUTERSHARE PRIVATE LIMITED Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad 500 032 India Tel. No. – 040-67162222 Investor Grievance Email: kshitijpolyline.ipo@karvy.com Website: www.karisma.karvy.com |
| Lead Manager to the Issue: |
|---|
| MONARCH NETWORTH CAPITAL LIMITED Monarch House, Opp., Ishwar Bhuvan, Commerce Six Road, Navrangpura, Ahmedabad – 380009. Tel. No. – 079 – 6600 0754/ 2666 6754 Investor Grievance Email: mbd@mnclgroup.com Website: https://www.mnclgroup.com |
