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Essen Speciality Films Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹107
Per Share
GMP
NIL
Grey Market
Est. Listing
₹107
Expected Price
Min. Application
₹256,800
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹107 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size61,99,200 shares (aggregating up to ₹66.33 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 23 Jun 2023
Subscription CloseTue, 27 Jun 2023
Anchor AllotmentThu, 22 Jun 2023
Basis of AllotmentMon, 03 Jul 2023
Initiation of RefundsTue, 04 Jul 2023
Credit of Shares to DematWed, 05 Jul 2023
Listing DateThu, 06 Jul 2023
UPI Mandate Deadline2023-06-27
Application & Investment Details
Retail — Min (1 Lots)₹1,28,400 — 1,200 shares
Retail — Max (13 Lots)₹1,669,200 (13 Lots)
HNI — Min (2 Lots)₹2,56,800 — 2,400 shares
EPS (Pre-IPO)₹8.36
P/E Ratio (Pre-IPO)16.5x
Net Offer to Public58,88,400 shares (aggregating up to ₹63.01 Cr)
Reserved for Market Maker3,10,800 shares (aggregating up to ₹3.33 Cr)
Pre-IPO Promoter Holding1,60,00,000 shares
Post-IPO Promoter Holding2,06,99,200 shares
Fresh Issue Shares43,88,400 shares (aggregating up to ₹46.96 Cr)
Offer for Sale Shares15,00,000 shares of ₹10 (aggregating up to ₹16.05 Cr)
About Essen Speciality Films Ltd.

Incorporated in 2002, Essen Speciality Films Limited manufactures and exports specialized plastic products in the home improvement and home furnishing industry, to multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl's, Kroger, etc.The company's product list includes bath area and accessories, artificial plants & flowers, kitchen & dining, storage & organization, fitness & lifestyle, and outdoor & utility products, and customized products, which include plastic films, Spa slippers, Baby shower caps, green-house gutter sheets, etc. The company markets and sells its products predominantly under three brands; 'Draperi' for shower curtains, 'Runner' for shelf liners, and 'Paperi' for artificial plants and placemats.They have a diversified customer base and are spread across various industries, including but not limited to home furnishing, home decor, departmental stores, discount retailers, hypermarkets, hardware, and home improvement, office supplies stores, agricultural and medical industry, and international importers and wholesale distributors.The company supplies its products to twenty-four (24) countries, including but not limited to, 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, Austria, Sweden, and Mexico.Essen Speciality Films has been recognized as a 'two-star export house' by the Ministry of Commerce & Industry, Government of India. And was awarded with the 'Best Supplier of the Year', twice by IKEA.

Objects of the Issue

Essen Speciality Films Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
3.54
2
Funding the working capital requirements of the Company; and
29.00
3
General corporate purposes
7.68
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,60,00,000 shares
Post-IPO Promoter Holding 2,06,99,200 shares
Check AllotmentCheck Status →
Essen Speciality Films Ltd. — Live Price LIVE
₹107.00
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Issue ₹107.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹107
GMPNIL
Est. Listing₹107
Lot Size1,200 shares
Min Amount₹256,800
Listing Date06 Jul 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹107
Listing Date06 Jul 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 310,800 ₹3.33 Cr
TOTAL 6,199,200 100.00% ₹66.33 Cr
* Based on ₹107.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹107.00
Per Share
Min Investment
₹128,400
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹128,400
Retail (Max) 13 15,600 ₹1,669,200
sNII (Min) 14 16,800 ₹1,797,600
bNII (Min) 68 81,600 ₹8,731,200
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31-Mar-2331-Mar-2231-Mar-21
Revenue from Operations 12048.09 11857.17 9680.78
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1337.23 516.90 913.73
Net Worth 8561.89 7224.65 6707.76
Total Assets 10970.82 11859.28 10440.24
Reserves & Surplus 6961.89 5624.66 6607.76
Total Borrowings 657.40 2583.00 1541.36
Key Ratios & Valuation
Issue Price ₹107
Face Value ₹10 Per Share
P/BV N/A
RoE 17.08%
RoCE 12.19%
RoNW 15.62%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 0.08
Company Details
Company
Essen Speciality Films Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No. A, Survey No. 192, Veraval (Shapar), Rajkot – 360 024 Rajkot, Gujarat
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
Book Running Lead Manager (BRLM)