Craftech Paper Mills IPO Details

SME

Craftech Paper Mills IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Craftech Paper Mills IPO total issue size comprises 59,96,000 shares . This includes a fresh issue of 53,50,000 shares . Offer for Sale consists of 6,46,000 shares . Pre-issue shareholding stands at 1,38,00,000, which will increase to 1,91,50,000 post-issue.

The Lead Managers for Craftech Paper Mills IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Horizon Management Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Craftech Paper Mills Limited DRHP.

Craftech Paper Mills IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
1,38,00,000 shares
Share holding post issue
1,91,50,000 shares
Total Issue Size
59,96,000 shares
Fresh Issue
53,50,000 shares
Offer for Sale
6,46,000 shares
DRHP Status
Filed with Exchange

Craftech Paper Mills IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Craftech Paper Mills IPO Reservation

Promoter Holding

Pre Issue:99.99%
Post Issue:-
Promoter Names:
Suryakant Bansilal Karwa, Yash Suryakant Karwa

Documents

Craftech Paper Mills IPO Valuations

ROE:43.62%
ROCE:13.00%
Debt/Equity:4.93
RoNW:35.81%
PAT Margin:3.50%
EBITDA Margin:10.26%

Craftech Paper Mills Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets75.9570.3860.5857.74
Total Income59.58100.7280.0487.59
Profit After Tax5.343.520.27-0.20
EBITDA9.8610.335.385.84
NET Worth18.189.836.316.04
Reserves and Surplus8.981.83-1.69-1.96
Total Borrowing47.2848.5045.2945.95
Amount in ₹ Crore

About Craftech Paper Mills IPO

Craftech Paper Mills Limited is an integrated manufacturer of kraft paper with its manufacturing operations located in Latur, Maharashtra. The company produces recycled kraft paper ranging from 100 GSM to 300 GSM, with burst factors between 18 and 28. These products are primarily used in corrugated boxes, industrial packaging, paper bags, and other related applications.

The manufacturing facility of the company is situated at Chincholirawadi, Latur, Maharashtra. The company supplies its products across multiple regions in India, catering to diverse packaging and industrial requirements.

Products and Applications

The company manufactures a wide range of kraft paper products designed to meet packaging and corrugation needs. Its key product offerings include:

  • High RCT kraft paper for heavy-duty packaging
  • Moisture-resistant kraft paper for agricultural and industrial applications
  • Standard kraft paper for corrugation, bag making, and packaging

Craftech Paper Mills Limited supplies its products across various regions in India, including Mumbai, Pune, Nagpur, Nashik, Kolhapur, Aurangabad, Latur, Hyderabad, Warangal, Vijayawada, Bengaluru, Hubballi, Belagavi, Indore, and Bhopal.

The company serves customers across a wide range of industries, including organized retail, e-commerce, logistics, manufacturing, food processing, pharmaceuticals, and agriculture.

Strength Of Craftech Paper Mills IPO

To be announced

Risk Of Craftech Paper Mills IPO

To be announced

Objectives Craftech Paper Mills IPO

1. Capital Expenditure towards purchase of Boiler

2. Capital Expenditure towards purchase of a 2 MW Back Pressure Steam Turbine Generator (STG)

3. Funding the Working Capital requirement of our company

4. Prepayment or repayment of all or a portion of certain loans availed by our Company

5. General corporate purposes

Company Contact Details

Karwa Complex, Opp Panchayat Office, Main Road
Latur, Maharashtra , 413512
Phone: 02382-299249
Email: admin@craftechpaper.com
Website: http://www.craftechpaper.com/

Registrar Contact Details

Name: Maashitla Securities Pvt Ltd
Phone: +91-11-45121795, +91-11-45121796

Market Maker

To be announced

Craftech Paper Mills IPO - FAQs

The Craftech Paper Mills IPO is a SME public issue comprising 5996000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Craftech Paper Mills IPO opens on TBA.

Craftech Paper Mills IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Craftech Paper Mills IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Craftech Paper Mills IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Craftech Paper Mills IPO allotment status for updates.

The listing date for the Craftech Paper Mills IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Craftech Paper Mills IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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