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Emmbi Polyarns Limited IPO (Emmbi Polyarns IPO) Detail

February 1, 2010 - February 3, 2010

Emmbi Polyarns IPO is a book built issue of Rs 38.96 crores.

Emmbi Polyarns IPO bidding started from February 1, 2010 and ended on February 3, 2010. The shares got listed on BSE, NSE on February 24, 2010.

Emmbi Polyarns IPO price band is set at ₹40 to ₹45 per share. The minimum lot size for an application is 150 Shares. The minimum amount of investment required by retail investors is ₹6,750.

Keynote Financial Services Ltd is the book running lead manager of the Emmbi Polyarns IPO, while Datamatics Financial Services Ltd is the registrar for the issue.

Refer to Emmbi Polyarns IPO RHP for detailed information.

Emmbi Polyarns IPO Details

IPO Date February 1, 2010 to February 3, 2010
Listing Date February 24, 2010
Face Value ₹10 per share
Price Band ₹40 to ₹45 per share
Lot Size 150 Shares
Total Issue Size8,657,700 shares
(aggregating up to ₹38.96 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue7,832,550
Share holding post issue16,490,250

Emmbi Polyarns IPO Reservation

Emmbi Polyarns IPO offers 9,574,000 shares. 4,762,000 (49.74%) to QIB, 1,428,600 (14.92%) to NII, 3,333,400 (34.82%) to RII, 50,000 (0.52%) to employees. 22,222 RIIs will receive minimum 150 shares and (sNII) and (bNII) will receive minimum 4,500 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered4,762,000 (49.74%)NA
NII (HNI) Shares Offered1,428,600 (14.92%)
Retail Shares Offered3,333,400 (34.82%)22,222
Employee Shares Offered50,000 (0.52%)NA
Total Shares Offered9,574,000 (100%)

Emmbi Polyarns IPO Lot Size

Investors can bid for a minimum of 150 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 150 ₹6,750
Retail (Max) 29 4350 ₹195,750
Lot Size Calculator

Emmbi Polyarns IPO Promoter Holding

The individual promoters of the Company are:

1. Mr. Makrand Appalwar, aged 39 years, is the Promoter, Chairman & Managing Director of the Company.
2. Mrs. Rinku Appalwar, aged 38 years, the Finance Director of the Company.
3. Dr.(Mrs.) Mitravinda Appalwar, aged 64 years.

Share Holding Pre Issue 99.17%
Share Holding Post Issue 47.09%

About Emmbi Polyarns Limited

Incorporated in 1994, Emmbi Polyarns Limited is engaged in the manufacture and sale of FIBC (Jumbo Bags) and Woven Sacks and various woven polymer based products like Container Liners, Protective irrigation system, Canal Liners, Flexi Tanks, Car covers etc. Emmbi Polyarns is one of the well established brands in the field of woven polyethylene and polypropylene product manufacturing industry. Company's manufacturing facility is located at Silvassa.

Emmbi specialize in high strength, low GSM FIBC with high safety factor. Emmbi Polyarns is among the first few global manufacturers to offer Jumbo Bags (FIBCs) with 130 GSM Bags, 5:1 Safety factor for 1000 KG Safe Working Load and 160 GSM Bags, 6:1 Safety Factor for 1500 KG Safe Working Load. Company's Extrusion machinery is capable of producing tapes with very high linear tenacity. Emmbi produce FIBCs of U+2 panel, Circular Jumbo bags, Baffle bags, All panel bags, Conductive FIBC and Static dissipative FIBCs.

In addition to FIBC they manufacture various woven polypropylene products including Small bags, Box woven bags, Roofing underlayment fabric, Courier bags, Ground covers, Silt fence and Geotextiles. They offer woven bags and fabrics in both PP and HDPE. Emmbi Polyarns products are UV stabilized and pre-conditioned against shrinkage.

Emmbi Polyarns products are mainly used in packaging, infrastructure, housing, disaster management and Hazardous waste disposal industry. Main products are:

• Flexible Intermediate Bulk Container (FIBC)
• Technical Textile
• Flexible Tanks
• Woven Sacks
• Car Covers
• Container Liners: Bulk Cargo Handling Systems.
• Anti Corrosive Packaging

Company Financials

ParticularsFor the year/period ended (Rs. in Lacs)
30-Sep-09 31-Mar-0931-Mar-0831-Mar-0731-Mar-06
Total Income2322.173827.662964.292291.891443.64
Profit After Tax (PAT)121.31136.2853.8151.5563.36

Key Performance Indicator

Objects of the Issue (Emmbi Polyarns IPO Objectives)

The objects of the Issue are to raise funds for

1. Expansion in the present facility to increase the present installed capacity from 5,000 MTPA to 17,800 MTPA;
2. Meet the working capital requirements of the Company;
3. Meet the issue expenses; &
4. List the equity shares of the company on the stock exchanges.


Emmbi Polyarns IPO Subscription Status (Bidding Detail)

The Emmbi Polyarns IPO is subscribed 1.20 times on February 3, 2010 5:00:00 PM. The public issue subscribed 0.46 times in the retail category, 0.43 times in the QIB category, and 5.55 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB0.43
NII5.55
Retail0.46
Employee0.01
Total1.20

Emmbi Polyarns Ltd IPO Grading / Rating

The issue has been graded by Credit Analysis and Research Limited (CARE) and has been assigned the 'CARE IPO Grade 2' indicating below average fundamentals.Click here to download the CARE IPO Grading Document for Emmbi Polyarns Limited

Emmbi Polyarns IPO Prospectus

Emmbi Polyarns IPO Rating

64
3.5
Rating:Rated 3.5 stars
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Emmbi Polyarns IPO Listing Details

Listing Date February 24, 2010
BSE Script Code 533161
NSE Symbol EMMBI
ISIN INE753K01015
Final Issue Price ₹45 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹45.00
₹45.50
₹26.50
₹48.35
₹28.65
NSE
₹45.00
₹46.00
₹26.65
₹48.30
₹28.75

Check IPO Performance…

Emmbi Polyarns Limited Contact Details

Emmbi Polyarns Limited
309-310 Kuber Complex,
Opp. Laxmi Industrial Estate,
New Link Road, Andheri [W], Mumbai- 400 053
Phone: +91-022-6784 5555
Email: ashvini.godbole@emmbi.com
Website: http://www.emmbi.com

Emmbi Polyarns IPO Registrar

Datamatics Financial Services Ltd

Phone: +91-22-66712151
Email: emmbiipo@dfssl.com
Website: https://www.datamatics.com/investors/shareholder-s

Emmbi Polyarns IPO - Buy or Not

Emmbi Polyarns IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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Emmbi Polyarns IPO FAQs

Emmbi Polyarns IPO is a main-board IPO of 8,657,700 equity shares of the face value of ₹10 aggregating up to ₹38.96 Crores. The issue is priced at ₹40 to ₹45 per share. The minimum order quantity is 150 Shares.

The IPO opens on February 1, 2010, and closes on February 3, 2010.

Datamatics Financial Services Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Emmbi Polyarns IPO opens on February 1, 2010 and closes on February 3, 2010.

Emmbi Polyarns IPO lot size is 150 Shares, and the minimum amount required is ₹6,750.

You can apply in Emmbi Polyarns IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Emmbi Polyarns IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Emmbi Polyarns IPO allotment status.

The Emmbi Polyarns IPO listing date is on February 24, 2010.
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Emmbi Polyarns IPO Message Board

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64 Comments

64. raj |   Link |  Bookmark |March 13, 2010 6:22:30 PM
no company likes to go in loss ,have faith ,writing nonsence is really bad ,i m also an investor of emmbipoly.
if u get profit then it will be good company.
apni burai khud karoge to kabhi tarakki nai hogi.wait karo ye aachi performance degi ,ye mera vishwas hai.
63. raj |   Link |  Bookmark |March 13, 2010 2:26:06 PM
ya it is right that we had lost money but abusing it will make a very bad effect on share we have to wait and must give relaxation so that more and more investors will come and it may again reach the target.
i know it will go up again so dont loose your faith .may it can be again more than 30 on 15th march.so plz dont frustate us by these messages
62. ashok |   Link |  Bookmark |March 2, 2010 7:03:08 PM
goverment protected chor and dakoo, all are paid including media you cannot trust any body
61. hosaka to |   Link |  Bookmark |March 1, 2010 8:23:49 PM
mana ki 48 pe kharida aur 29 ka bhav deka hai
magar meri jaan ye kismat ka lekha hai
har k himmat hum kya paayegay
ab shri raam hi esay 48 k bhav pe layegay
60. p.shah |   Link |  Bookmark |February 25, 2010 6:02:42 PM
dekh mere sharebazar ki halat kya ho gai bhagwan!!!!!!!!
59. p.shah |   Link |  Bookmark |February 25, 2010 6:01:14 PM
ye price band kon fit karta hai. usko pakado.
58. Rama |   Link |  Bookmark |February 25, 2010 10:45:12 AM

Thanks to EMMBI for issuing shares at 45/. This is a good lesson for speculators for applying to get listing gains. Everybody know that at 45, emmbi trades at PE multiple of 25 times!!!!!!!!! for a plastic company.....(should trade at PE of 6 times ie is fair price is 12-16Rs.)
57. CB DHARIWAL |   Link |  Bookmark |February 25, 2010 8:47:57 AM
A CHIAMBARAM, A MUKARJEE, A GANDHI, A SINGH

DEKHO MERE DESH KE INVESTOR KI HALAT

45 ME EMMBI LIYA , OR EK HI GHANTE ME 29 ME DE DIYA,

HUWA NA RUPAYEE KA DAS AANA,

JAY HO JAY HO JAY HO !






56. deepak |   Link |  Bookmark |February 25, 2010 12:13:18 AM
its very heart breaking to see emmbi poly go down to a level of 29rs in just a few minutes .SEBI SHould probe into the price fall. looks like few operators have trapped innocent public. If this is the type of manipulation in the markets Investors will shy away from the markets.SEbi please take action
55. Akg |   Link |  Bookmark |February 24, 2010 11:58:19 PM
I bought on 300@33. Its closed on 28.70.should i hold for few days or book the loss on the same.advise me frinds.plz
54. CA NITIN AGRAWAL |   Link |  Bookmark |February 24, 2010 11:29:28 PM
How fool Indian ppls r........

They blindly invest in such a bad fundamental Co with SMALL TURNOVER OF JUST 23 CRORES

I am Practising Chartered Accountant & many of Client having T/o of More then 15-20 Crores.

Looking to this IPO, its clear that they can also approach for the IPO & LOOT THE PPL.

WHAT SEBI DOING?????

Rgds & keep away from such IPO in Future

53. anil kumar khunteta |   Link |  Bookmark |February 24, 2010 8:43:38 PM
sebi must investigate this type of speculation.but sebi has no eyes ,no heart and nothing
52. Ravi, Bangalore |   Link |  Bookmark |February 24, 2010 7:48:28 PM
54. Sachin

Investors are here to make money. Not to get married to the scripts.

When the issue price breaks IPO price-band, immediately exiting is a good idea.
51. Sachin |   Link |  Bookmark |February 24, 2010 3:17:19 PM
hi can you please advice on Emmbi Polyarns Limited. should I hold or sell it off
50. mahatma gandhi |   Link |  Bookmark |February 24, 2010 12:25:39 PM
sebi should investigate this type of down fall
49. emali |   Link |  Bookmark |February 24, 2010 11:54:23 AM
satodia of emmbipoly ---->>> AHMEDABAD such like as KGN IND. relisting of these shares on the same day prices Rs. 55000. sebi band within half hours.
48. FII'S |   Link |  Bookmark |February 24, 2010 11:46:23 AM
i sell 250000 at 45.20. and stock start down n down plz wait again come 45 to 46 in last trd hour
47. emali |   Link |  Bookmark |February 24, 2010 11:44:58 AM
satodia sell 1.67 cr shares at 36.70 in both bse as well as nse, target 20 Rs. at 3.30p.m. today
46. FII'S |   Link |  Bookmark |February 24, 2010 11:44:31 AM
i sell 250000@45.20 and stock start down n down.plz wait again come to 45 in last trd hour
45. Srini |   Link |  Bookmark |February 24, 2010 11:29:04 AM
Sorry for those who have lost money in this IPO due to sudden fall, I sold all my 3000 shares at 45.30(no loss no profit) in the earlier seconds.