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 Ended||Total Assets||Total Revenue||PAT||EPS|
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 Date||Jun 23, 2023 to Jun 27, 2023|
|Listing Date||Thursday, July 06, 2023|
|Face Value||₹10 per share|
|Price||₹101 to ₹107 per share|
|Lot Size||1200 Shares|
|Issue Size||6,199,200 shares|
(aggregating up to ₹66.33 Cr)
|Fresh Issue||4,699,200 shares|
(aggregating up to ₹50.28 Cr)
|Offer for Sale||1,500,000 shares of ₹10|
(aggregating up to ₹16.05 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE SME|
|Company Promoters||Pallav Kishorbhai Doshi And|
Khushboo Chandrakant Doshi
Essen IPO Reservation
|QIB Shares Offered||Not more than 50.00% of the Net offer|
|NII (HNI) Shares Offered||Not less than 15.00% of the Offer|
|Retail Shares Offered||Not 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 Date||23 June 2023 (Friday)|
|Closing Date||27 June 2023 (Tuesday)|
|Basis of Allotment||3 July 2023 (Monday)|
|Initiation of Refunds||4 July 2023 (Tuesday)|
|Credit of Shares to Demat||5 July 2023 (Wednesday)|
|Listing Date||6 July 2023 (Thursday)|
|Deadline for UPI mandate confirmation||5 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.
Essen Speciality Films IPO Promoter Holding
|Pre Issue Share Holding||100.00%|
|Post Issue Share Holding||–|
Essen Speciality Films IPO Valuation – FY2022
|Earning Per Share (EPS)||₹6.42 per Equity Share|
|Price/Earning P/E Ratio||16.5|
|Return on Net Worth (RoNW)||14.84%|
|Net Asset Value (NAV)||₹725.24 per Equity Share|
|Upper Price/Book Value (Price/BV) Ratio||Coming Soon|
Essen Speciality Films Ltd Key Performance Indicator
|Market Cap (₹ Cr.)||220|
Essen Speciality Films Ltd Peer Comparison
|Essen Speciality Films|
Essen Speciality Films IPO GMP Live Update, Kostak Rate day by day
|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 Rating
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,
Tel: +91 22 6263 8200
Fax: +91 22 6263 8299
Investor Grievance Email: email@example.com
Contact Person: Aniket Chindarkar
SEBI Registration Number: INR000001385
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
Investor grievance: firstname.lastname@example.org
Contact Person: Mohit Baid
SEBI Registration Number: INM000012810
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.
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