Essen Speciality IPO Details | GMP, Date, Price, Review

Essen Speciality IPO Details GMP Date Price Review Allotment

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Essen Speciality IPO Details ( Essen Speciality Films Limited IPO Review )

(23 Jun 2023 – 27 Jun 2023)

Founded in 2002, Essen Speciality Films Limited is a company that specializes in manufacturing and exporting plastic products for the home improvement and home furnishing industry. They cater to multinational modern trade retailers such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl’s, Kroger, and more.

Their product range encompasses various categories such as bath area and accessories, artificial plants and flowers, kitchen and dining items, storage and organization solutions, fitness and lifestyle products, outdoor and utility items, as well as customized products like plastic films, Spa slippers, Baby shower caps, and green-house gutter sheets. These products are marketed and sold under three distinct brands: ‘Draperi’ for shower curtains, ‘Runner’ for shelf liners, and ‘Paperi’ for artificial plants and placemats.

Essen Speciality Films has built a diverse customer base, serving industries including home furnishing, home decor, departmental stores, discount retailers, hypermarkets, hardware and home improvement stores, office supplies stores, agricultural and medical sectors, as well as international importers and wholesale distributors.

The company’s products are exported to 24 countries worldwide, including China, Saudi Arabia, the United States of America, Qatar, United Kingdom, Germany, Italy, Canada, Romania, Denmark, Poland, New Zealand, United Arab Emirates, Spain, Austria, France, Australia, Kuwait, Belgium, Sweden, and Mexico.

Recognized as a ‘two star export house’ by the Ministry of Commerce & Industry, Government of India, Essen Speciality Films has also received the prestigious ‘Best Supplier of the Year’ award twice from IKEA.

Essen Speciality Films Limited Company Product

  • Bath Area
  • Kitchen & Dining
  • Home Decor
  • Storage and Organization
  • Fitness and Lifestyle
  • Outdoor and Utility
  • Customized Products

Essen Speciality Films Limited IPO Competitive Strength

  • Trusted brand and strong parentage
  • Socially and ethically compliant fully-integrated manufacturer of customized and sustainable specialized plastic products
  • Wide-spread domestic and international market presence
  • Comprehensive product portfolio enables us to serve our customers spread across diverse industry verticals
  • Technology backed infrastructure to support innovative and quality solutions
  • Quality Assurance and Quality Control of our products
  • Sustainable business development
  • Well experienced management team with proven project management and implementation skills

Essen Speciality Films IPO Financials Performance ( Results )

Essen Speciality Films Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
  • Funding the working capital requirements
  • General corporate purposes

Essen Speciality Films IPO Basic Details

IPO DateJun 23, 2023 to Jun 27, 2023
Listing DateThursday, July 06, 2023
Face Value₹10 per share
Price₹101 to ₹107 per share
Lot Size1200 Shares
Issue Size6,199,200 shares
(aggregating up to ₹66.33 Cr)
Fresh Issue4,699,200 shares
(aggregating up to ₹50.28 Cr)
Offer for Sale1,500,000 shares of ₹10
(aggregating up to ₹16.05 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Company PromotersPallav Kishorbhai Doshi And
Khushboo Chandrakant Doshi

Essen IPO Reservation

QIB Shares OfferedNot more than 50.00% of the Net offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer
Retail Shares OfferedNot less than 35.00% of the Offer

Essen Speciality Films IPO Timetable

Essen Speciality Films IPO will open on June 23, 2023 and close on June 27, 2023. You can join Essen Speciality Films IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date23 June 2023 (Friday)
Closing Date27 June 2023 (Tuesday)
Basis of Allotment3 July 2023 (Monday)
Initiation of Refunds4 July 2023 (Tuesday)
Credit of Shares to Demat5 July 2023 (Wednesday)
Listing Date6 July 2023 (Thursday)
Deadline for UPI mandate confirmation5 PM on Jun 27, 2023

Essen Speciality Films IPO Lot Size

For retail investors in Essen Speciality Films IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹128,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹128,400.

Retail (Min)11200₹128,400
Retail (Max)11200₹128,400
S-HNI (Min)22400₹256,800

Essen Speciality Films IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

Essen Speciality Films IPO Valuation – FY2022

Earning Per Share (EPS)₹6.42 per Equity Share
Price/Earning P/E Ratio16.5
Return on Net Worth (RoNW)14.84%
Net Asset Value (NAV)₹725.24 per Equity Share
Upper Price/Book Value (Price/BV) RatioComing Soon

Essen Speciality Films Ltd Key Performance Indicator

Market Cap (₹ Cr.)220
P/E (x)16.5
ROE (%)7.27%
ROCE (%)16.24%

Essen Speciality Films Ltd Peer Comparison

Company NameConsolidated/
Essen Speciality Films
Peer Group
Shaily Engineering
Supreme Industries

Essen Speciality Films IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
3 July 2023₹52
2 July 2023₹52
1 July 2023₹52
30 June 2023₹51
29 June 2023₹51
28 June 2023₹52
27 June 2023₹50
26 June 2023₹50
25 June 2023₹49
24 June 2023₹45
23 June 2023₹44
22 June 2023₹41
21 June 2023₹40
20 June 2023₹40
19 June 2023₹40
18 June 2023₹50
17 June 2023₹50
16 June 2023₹45

Essen Speciality Films IPO Detail Video:

Essen Speciality Films IPO Subscription Status (Bidding Detail)

The Essen Speciality Films IPO on June 27, 2023 at 7:29:00 PM was subscribed 71.03 times, with the retail category being subscribed 68.07 times, the NII (Non-Institutional Investor) category being subscribed 112.21 times and the QIB (Qualified-Institutional Buyers) category being subscribed 45.26 times.


Essen Speciality Films IPO Prospectus

Essen Speciality Films IPO DRHPDownload
Essen Speciality Films IPO RHPDownload

Essen Speciality Films IPO Rating

Our Rating3.0/5.0

Essen Speciality Films Company Contact Information

Essen Speciality Films Limited

Registered Office: Plot No. A, Survey No. 192, Veraval (Shapar), Rajkot – 360 002, Gujarat, India
Telephone: +91 98253 12701
Contact Person: Mr. Romit Ajaykumar Shah, Company Secretary & Compliance Officer
Corporate Identity Number: U24224GJ2002PLC041119
Promoters Of Our Company: Pallav Kishorbhai Doshi And Khushboo Chandrakant Doshi

Essen Speciality Films IPO Registrar

Bigshare Services Private Limited

Registered Office: Office No. 56-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Center, Mahakali Caves Road,
Andheri East, Mumbai-400 093,
Maharashtra, India.
Tel: +91 22 6263 8200
Fax: +91 22 6263 8299
Investor Grievance Email:
Contact Person: Aniket Chindarkar
SEBI Registration Number: INR000001385
CIN: U99999MH1994PTC076534

Essen Speciality Films IPO Lead Manager

Gyr Capital Advisors Private Limited

Registered Office: 428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahmedabad -380 054, Gujarat, India.
Telephone: +91 87775 64648
Fax: N.A.
Investor grievance:
Contact Person: Mohit Baid
SEBI Registration Number: INM000012810
CIN: U67200GJ2017PTC096908

Essen Speciality Films IPO FAQs

What is the lot size of Essen Speciality Films IPO?

The total size of Essen Speciality Films IPO is 66.33 crores out of which ₹50.28 crores is fresh issue and ₹16.05 crores is offer for sale (OFS).

When will Essen Speciality Films IPO start?

Essen Speciality Films IPO will Open from 23 June 2023 and IPO will Close on 27 June 2023.

What is the open date of Essen Speciality Films IPO?

Essen Speciality Films IPO will open date from 23 June 2023.

What is the last date ( close date ) of Essen Speciality Films IPO?

Essen Speciality Films IPO will close from 27 June 2023.

What is the price band of Essen Speciality Films IPO?

Essen Speciality Films IPO price band is ₹101 to ₹107. ( Upper Price Band: ₹107, Lower Price Band: ₹101 )

What is the minimum amount required to apply for Essen Speciality Films IPO?

The minimum investment for retailers to apply for Essen Speciality Films IPO is ₹128,400 and the maximum investment is ₹128,400.

What is going on gray market premium of Essen Speciality Films IPO?

View gray market premium of Essen Speciality Films IPO by Clicking Here

How much is the GMP of Essen Speciality Films IPO?

Watch Essen Speciality Films IPO GMP Today: Click Here

What is the allotment date of Essen Speciality Films IPO?

The allotment date of Essen Speciality Films IPO is 03 July 2023.

How to check allotment status in Essen Speciality Films IPO?

To check the allotment status of Essen Speciality Films IPO, first of all go to the registrar website by clicking here, select your bad Essen Speciality Films IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Essen Speciality Films IPO?

The Listing Date of Essen Speciality Films IPO is 06 July 2023.

How much will be the listing gain in Essen Speciality Films IPO?

View listing gain of Essen Speciality Films IPO by Clicking Here

How much time Essen Speciality Films IPO is subscribed?

Total 71.03 times subscribed in Essen Speciality Films IPO out of which 68.07 times subscription was done in retail quota, 112.21 times subscription in NII quota and 45.26 times subscription in QIB quota.

How to apply for Essen Speciality Films IPO from Upstox?

Click Here to see how to apply for Essen Speciality Films IPO from Upstox. (step by step)

How to apply for Essen Speciality Films IPO from Zerodha?

Click Here to see how to apply for Essen Speciality Films IPO from Zerodha. (step by step)

How to apply for Essen Speciality Films IPO from Angle One?

Click Here to see how to apply for Essen Speciality Films IPO from Angle One. (step by step)

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