Kahan Packaging IPO Details ( Kahan Packaging Limited IPO Review )
(6 Sep 2023 – 8 Sep 2023)
Established in 2016, Kahan Packaging Limited is a company that specializes in providing bulk packaging solutions to various B2B manufacturers across different industries, including Agro-Pesticides, Cement, Chemicals, Fertilizers, and Food Products.
Kahan Packaging manufactures and delivers a wide range of woven polymer products, such as Polypropylene (PP) and High-Density Polyethylene (HDPE) Woven Fabric with or without lamination, woven sacks, PP Woven Bags, and custom-printed laminates for flexible packaging. These products come in various sizes, colors, and weights, tailored to meet the specific needs of their customers.
The company produces all these items in-house at its manufacturing facilities located in Asangaon, Maharashtra. Factory-I has a production capacity of 2,600 metric tons per annum for woven fabrics. Additionally, Kahan Packaging has expanded its operations by establishing a new manufacturing unit equipped with a Multicolor Roto-Gravure Printing Machine capable of printing up to eight colors. This allows them to handle flexible packaging and printing on materials like polyester, Nylon, BOPP, Foil, low and high-density polyethylene, polypropylene, and paper. They also offer two-sided printing with high-speed hot air dryers, with a production capacity of 500 metric tons per annum.
As of December 31, 2022, and March 31, 2022, Kahan Packaging Limited reported revenues of Rs. 1,352.58 lakhs and Rs. 1,587.95 lakhs from its operations, respectively.
Kahan Packaging Limited Company Product
- PP Woven Fabric
- PP Woven Bag
- Scrap
- Others
Kahan Packaging Limited IPO Competitive Strength
- Wide Range of Products
- In-house Manufacturing capabilities
- Strong relationship with customers and suppliers
- Experienced management team with industry expertise and successful track record
Kahan Packaging IPO Financials Performance ( Results )
Kahan Packaging Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 1,046.79 | 1,357.76 | 1.05 | 0.12 | 48.19 | 4.98 | -1.81 | 490.93 |
| 31-Mar-21 | 898.33 | 1,212.81 | 1.57 | 0.16 | 49.75 | 6.95 | -0.25 | 442.29 |
| 31-Mar-22 | 975.15 | 1,590.63 | 19.77 | 1.98 | 69.53 | 12.69 | 19.53 | 616.58 |
| 31-Mar-23 | 1,272.59 | 1,352.86 | 57.35 | 126.88 | 76.88 | 713.93 |
Objective of IPO Issue
- To meet working capital requirements
- General Corporate Purpose
Kahan Packaging IPO Basic Details
| IPO Date | Sep 6, 2023 to Sep 8, 2023 |
| Listing Date | Tuesday, September 18, 2023 |
| Face Value | ₹10 per share |
| Price | ₹80 per share |
| Lot Size | 1600 Shares |
| Issue Size | 720,000 shares of ₹10 (aggregating up to ₹5.76 Cr) |
| Fresh Issue | 720,000 shares of ₹10 (aggregating up to ₹5.76 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,000,000 |
| Share holding post issue | 2,720,000 |
| Company Promoters | Prashant Jitendra Dholakia and Rohit Jitendra Dholakia |
Kahan Packaging IPO Reservation
| Other Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
Kahan Packaging IPO Timetable
Kahan Packaging IPO will open on September 6, 2023 and close on September 8, 2023. You can join Kahan Packaging IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 6 September 2023 (Wednesday) |
| Closing Date | 8 September 2023 (Friday) |
| Basis of Allotment | 13 September 2023 (Wednesday) |
| Initiation of Refunds | 14 September 2023 (Thursday) |
| Credit of Shares to Demat | 15 September 2023 (Friday) |
| Listing Date | 18 September 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 8 September 2023 |
Kahan Packaging IPO Lot Size
For retail investors in Kahan Packaging IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹128,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹128,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹128,000 |
| Retail (Max) | 1 | 1600 | ₹128,000 |
| HNI (Min) | 2 | 3200 | ₹256,000 |
Kahan Packaging IPO Promoter Holding
The company’s promoters include Mr. Prashant Jitendra Dholakia and Mr. Rohit Jitendra Dholakia.
| Pre Issue Share Holding | 99.95% |
| Post Issue Share Holding | – |
Kahan Packaging Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 21.76 |
| Earning Per Share (EPS) | ₹10.34 per Equity Share |
| Net Asset Value (NAV) | ₹00.00 per Equity Share |
| P/E Ratio (P/E) (x) | 7.74 |
| Return on Net Worth (RoNW) (%) | 59.79 |
| Return on equity (ROE) (%) | 85.28 |
| Return on Capital Employed (ROCE) (%) | 19.77 |
| Debt/Equity Ratio | 4.48 |
Kahan Packaging Ltd Peer Comparison (December 31, 2022)
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | Book Value (₹) |
| Kahan Packaging Limited | Consolidated | – | 10 | 1.98 | – | 28.44 | 12.69 |
| Peer Group | |||||||
| Sah Polymers Limited | Consolidated | 97.85 | 10 | 2.81 | 34.82 | 16.42 | 17.09 |
| Rishi Techtex Limited | Consolidated | 25.58 | 10 | 1.78 | 14.37 | 4.49 | 39.76 |
| Uflex Limited | Consolidated | 411.95 | 10 | 30.79 | 13.38 | 8.29 | 371.43 |
Kahan Packaging IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 6 September 2023 | ₹72 | – | – |
| 5 September 2023 | ₹72 | – | – |
| 4 September 2023 | ₹75 | – | – |
| 3 September 2023 | ₹75 | – | – |
| 2 September 2023 | ₹75 | – | – |
| 1 September 2023 | ₹70 | – | – |
Kahan Packaging IPO Detail Video:
Kahan Packaging IPO Subscription Status (Bidding Detail)
The Kahan Packaging IPO on September 8, 2023 at 7:30:00 PM was subscribed 730.45 times, with the retail category being subscribed 1,042.37 times, the other category being subscribed 405.59 times.
| Category | Subscription |
| Other | 405.59x |
| Retail | 1,042.37x |
| Total | 730.45x |
Kahan Packaging IPO Prospectus
| Kahan Packaging IPO DRHP | Download |
| Kahan Packaging IPO RHP | Download |
| Kahan Packaging IPO Anchor Investors Details PDF | Download |
Kahan Packaging IPO Rating
| Our Rating | 4.0/5.0 |
Kahan Packaging Company Contact Information
Kahan Packaging Limited
Registered Office: 212, Jhalawar Service Premises, E S Patanwalla Compound,
LBS Marg, Ghatkopar West, Mumbai 400086, Maharashtra, India.
Tel No: +91-22-25004605
E-mail: info@kahanpackaging.com
Website: www.kpackltd.com
Contact Person: Mithun Patel, Company Secretary & Compliance Officer
Promoters of our Company: Prashant Jitendra Dholakia and Rohit Jitendra Dholakia
Kahan Packaging IPO Registrar
Purva Sharegistry (India) Private Limited
Registered Office: 9, Shiv Shakti Industrial Estate, J. R. Boricha Marg,
Lower Parel (East), Mumbai 400011, Maharashtra, India.
Tel. No.: +91 022 49614132
Email: support@purvashare.com
Investor grievance e-mail: support@purvashare.com
Website: www.purvashare.com
Contact Person: Deepali Dhuri
Validity Period: Permanent
SEBI Regn. No.: INR000001112
CIN: U67120MH1993PTC074079
Kahan Packaging IPO Lead Manager
Hem Securities Limited
Registered Office: 904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, Maharashtra, India.
Tel. No.: +91- 022- 49060000;
Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Ajay Jain
SEBI Regn. No.: INM000010981
Kahan Packaging IPO FAQs
What is the lot size of Kahan Packaging IPO?
The total size of Kahan Packaging IPO is ₹5.76 crores and this is a complete fresh Issue.
When will Kahan Packaging IPO start?
Kahan Packaging IPO will open from 6 September 2023 and IPO will close on 8 September 2023.
What is the open date of Kahan Packaging IPO?
Kahan Packaging IPO will open date from 6 September 2023.
What is the last date ( close date ) of Kahan Packaging IPO?
Kahan Packaging IPO will close from 8 September 2023.
What is the price band of Kahan Packaging IPO?
Kahan Packaging IPO price band is ₹80.
What is the minimum amount required to apply for Kahan Packaging IPO?
The minimum investment for retailers to apply for Kahan Packaging IPO is ₹128,000 and the maximum investment is ₹128,000.
What is going on gray market premium of Kahan Packaging IPO?
View gray market premium of Kahan Packaging IPO by Clicking Here
How much is the GMP of Kahan Packaging IPO?
Watch Kahan Packaging IPO GMP Today: Click Here
What is the allotment date of Kahan Packaging IPO?
The allotment date of Kahan Packaging IPO is 13 September 2023.
How to check allotment status in Kahan Packaging IPO?
To check the allotment status of Kahan Packaging IPO, first of all go to the registrar website by clicking here, select your bad Kahan Packaging 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 Kahan Packaging IPO?
The listing date of Kahan Packaging IPO is 18 September 2023.
How much will be the listing gain in Kahan Packaging IPO?
View listing gain of Kahan Packaging IPO by Clicking Here
How much time Kahan Packaging IPO is subscribed?
Total 730.45 times subscribed in Kahan Packaging IPO out of which 1,042.37 times subscription was done in retail quota, 405.59 times subscription in other quota.
How to apply for Kahan Packaging IPO from Upstox?
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How to apply for Kahan Packaging IPO from Zerodha?
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