The Kahan Packaging IPO commenced on September 6, 2023, and concluded on September 8, 2023. The allotment of shares took place on September 13, 2023, and the initiation of refunds began on September 14, 2023. The shares were credited to the demat accounts of investors on September 15, 2023. Finally, the listing of Kahan Packaging on the stock exchange occurred on September 18, 2023.
The Kahan Packaging IPO was priced at ₹80 per share, with a lot size of 1600. The total issue size was ₹5.76 crores, comprising a fresh issue of ₹5.76 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Kahan Packaging IPO Basic Details
| Company Name | Kahan Packaging Limited |
| Domain of Company | Bulk Packaging Solutions |
| Kahan Packaging IPO GMP Today | ₹72 |
| Kahan Packaging IPO Listing Gain | 90.00% |
| Kahan Packaging IPO Open Date | September 6, 2023 |
| Kahan Packaging IPO Close Date | September 8, 2023 |
| Kahan Packaging IPO Allotment Date | September 13, 2023 |
| Kahan Packaging IPO Listing Date | 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 |
| Company Promoters | Mr. Prashant Jitendra Dholakia and Mr. Rohit Jitendra Dholakia |
Kahan Packaging IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 6 September 2023 | ₹72 | 90.00% | – | – |
| 5 September 2023 | ₹72 | 90.00% | – | – |
| 4 September 2023 | ₹75 | 93.75% | – | – |
| 3 September 2023 | ₹75 | 93.75% | – | – |
| 2 September 2023 | ₹75 | 93.75% | – | – |
| 1 September 2023 | ₹75 | 93.75% | – | – |
Kahan Packaging IPO Details:
Founded in 2016, Kahan Packaging Limited specializes in providing bulk packaging solutions to B2B manufacturers across various industries, including Agro-Pesticides, Cement, Chemicals, Fertilizers, and Food Products.
Kahan Packaging produces a wide range of packaging products, including Polypropylene (PP) and High-Density Polyethylene (HDPE) woven fabric laminates, woven sacks, un-laminated woven fabric, PP woven bags, bags with liners, and printed laminates for flexible packaging. They offer these products in different weights, sizes, and colors, all tailored to meet the specific requirements of their customers.
The company manufactures all of its products in-house at its facilities 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 handling up to 8 colors. This facility specializes in flexible packaging and printing on materials like polyester, nylon, BOPP, foil, low and high-density polyethylene, polypropylene, and paper. It includes high-speed hot air dryers and has an annual production capacity of 500 metric tons.
As of December 31, 2022, Kahan Packaging Limited reported revenue from operations of Rs. 1,352.58 lakhs, and for the fiscal year ending on March 31, 2022, they recorded revenue of Rs. 1,587.95 lakhs.
Kahan Packaging IPO More Details Click Here
Kahan Packaging IPO FAQs
When is Kahan Packaging IPO open?
Kahan Packaging IPO will open on 6 September 2023.
When is Kahan Packaging IPO Close?
Kahan Packaging IPO will be closed on 8 September 2023.
What is Kahan Packaging IPO GMP Today?
The Kahan Packaging IPO GMP aka Grey Market Premium is ₹72.
What is Kahan Packaging IPO Kostak Rates Today?
The Kahan Packaging IPO Kostak Rate is ₹000.
What is Kahan Packaging IPO Subject to Sauda Price Today?
The Kahan Packaging IPO subject to sauda rates is ₹000.
Kahan Packaging IPO Expected Returns?
The Kahan Packaging expected return is 90.00%.
How much will be the listing gain in Kahan Packaging IPO?
Kahan Packaging IPO will get listing gain of 90.00%. (Approx.)
