Back

Commercial Syn Bags Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹24
Per Share
GMP
NIL
Grey Market
Est. Listing
₹24
Expected Price
Min. Application
₹288,000
2 lots × 6000 shares
IPO Issue Details
Issue Price / Price Band₹24 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size31,92,000 shares (aggregating up to ₹7.66 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 30 Jun 2016
Subscription CloseTue, 05 Jul 2016
Anchor AllotmentWed, 29 Jun 2016
Basis of AllotmentMon, 11 Jul 2016
Initiation of RefundsTue, 12 Jul 2016
Credit of Shares to DematTue, 12 Jul 2016
Listing DateThu, 14 Jul 2016
UPI Mandate Deadline2016-07-05
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 6,000 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 12,000 shares
Net Offer to Public30,24,000 shares (aggregating up to ₹7.26 Cr)
Reserved for Market Maker1,68,000 shares (aggregating up to ₹0.4032 Cr)
Pre-IPO Promoter Holding86,25,400 shares
Post-IPO Promoter Holding1,18,17,400 shares
About Commercial Syn Bags Ltd.

Incorporated in 1993, Commercial Syn Bags Limited is engaged in manufacturing of plastic and laminated coated bags. Information in this paragraph is copied from chittorgarh.com.They are one of the leading manufacturer and exporter of FIBC / Big Bag, PP Fabric, PP Woven Bag, BOPP Bags and Tarpaulin in India.Commercial Syn Bags produce 4-5 million Big Bags annually. Content in this paragraph is copied from chittorgarh.com.Company's product profile includes Builder Bag, FIBC- U-Panel and Circular, Baffle / Q-Bag, Tunnel Bag, Single Loop / Double Loop, UN Bags, Asbestos Bag, PP Container Bag, Bags with Liner Formfit / Bottle shaped, Tabbed, Glued, Box Bag, Polypropylene Woven bags, PP Fabric, Tarpaulin and BOPP Bags.

Objects of the Issue

Commercial Syn Bags Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Repayment/ Prepayment of certain borrowings availed by the Company
4.03
2
2 Working Capital requirements
3.13
3
3 Issue Expenses
0.50
Shareholding & Lock-in
Pre-IPO Promoter Holding 86,25,400 shares
Post-IPO Promoter Holding 1,18,17,400 shares
Check AllotmentCheck Status →
Commercial Syn Bags Ltd. — Live Price LIVE
₹24.00
INR · BSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Commercial Syn Bags Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹24.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹24
GMPNIL
Est. Listing₹24
Lot Size6,000 shares
Min Amount₹288,000
Listing Date14 Jul 2016
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹24
Listing Date14 Jul 2016
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 168,000 ₹0.40 Cr
TOTAL 3,192,000 100.00% ₹7.66 Cr
* Based on ₹24.00 (upper price band)
Lot Size & Investment Details
Lot Size
6,000
Shares
Issue Price
₹24.00
Per Share
Min Investment
₹144,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 6,000 ₹144,000
Retail (Max) 13 78,000 ₹1,872,000
sNII (Min) 14 84,000 ₹2,016,000
bNII (Min) 68 408,000 ₹9,792,000
Company Financials — Restated Consolidated (Amount in Rs Cr)
ParticularsFY 2024-25FY 2023-24FY 2022-23
Revenue from Operations N/A N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) N/A N/A N/A
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Financial data will be published once the company files its DRHP/RHP with SEBI.
Key Ratios & Valuation
Issue Price ₹24
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW 22.99%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Commercial Syn Bags Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
34 Jaora Compound, M Y Road, Indore - 452001 Indore, Madhya Pradesh
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)