G.K.P. Printing & Packaging Limited, a Maharashtra based company engaged in the manufacturing of corrugated boxes, is issuing the IPO (Initial Public Offering). Equity shares of face value Rs 10 are being offered during the issue at a price of Rs 32 per equity share including a premium price of Rs 22. In this issue, 20,56,000 equity shares worth Rs 6.57 crore are to be launched. GKP Printing & Packaging IPO issue open on 23rd April 2019 and it closes on 26th April 2019. After allocation, the shares will be listed on the SME platform of BSE (Bombay Stock Exchange).
About GKP Printing & Packaging Limited
G.K.P. Printing & Packaging Limited was incorporated in the year 2018 in Thane, Maharashtra. It has the primary business of manufacturing the corrugated boxes. This company deals in various types of corrugated boxes such as master cartons, mono carton, Honeycombomb partition boxes, Die cut self-locking boxes, storage bins, adjustable depth book flap, Ring flap boxes and unit cartons. It is also engaged in the trading of Kraft paper, Duplex paper and Low – Density Plastic Rolls. The company is registered with the Ministry of MSME as a manufacturer of corrugated paper containers.
This company is promoted by Mr Keval Harshad Goradia and Mrs Payal Keval Goradia. As on 31st March 2018, the total assets of the company stands at Rs 10.21 crores.
GKP Printing & Packaging IPO – Issue Details
| Issue Type | Fixed Price IPO Issue |
|---|---|
| Issue Opens | 23rd April 2019 |
| Issue Closes | 26th April 2019 |
| Face Value | Rs 10 Per Equity Share |
| Issue Price | Rs 22-32 Per Equity Share |
| Issue Size | 20,56,000 Equity Shares (Rs 6.57 crores) |
| Market Lot | 4,000 Shares |
| Minimum Order Quantity | 4,000 Shares |
| Listing | BSE SME |
GKP Printing & Packaging IPO – Objects of the Issue
The following are the objects this upcoming IPO Issue:-
- Meeting the long-term working capital requirements.
- General corporate expenses.
- Meeting the issue expenses.
GKP Printing & Packaging Limited – Company Contact Details
Registered Office: Unit No 14, Amrit Ind Estate, S. NO. 45, Dhumal Nagar Waliv IP – 12025, Palghar Thane Maharashtra – 401208.
Telephone.: +91-9920037770
Website: www.gkpl.in
GKP Printing & Packaging IPO – Lead Manager of the Issue
The lead Manager to this IPO issue is Haloni Consultants Private Limited.
GKP Printing & Packaging IPO – Registrar of the Issue
The registrar of this IPO issue is Link Intime India Private Limited.
GKP Printing & Packaging IPO Issue Prospectus
Click here to read the final issue prospectus of G.K.P. Printing & Packaging Limited.
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Disclaimer: This post is just information about the issue. It does not give any advice or recommendation. Investments into securities are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
Tags: #IPO #Stock Market #G.K.P. Printing & Packaging IPO #G.K.P. Printing and Packaging IPO
