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September 10, 2018 - September 12, 2018

Rajshree Polypack IPO FAQ

Rajshree Polypack IPO General Questions

  1. What is the current capacity and how much is the utilization?

    The manufacturing capacity is calculated in terms of the following products/ processes, for which we are giving the installed and utilized capacity for FY 2018:

    Rajshree Polypack Limited Manufacturing Capacity

    Manufacturing Capacity

    FY 17-18

    S. N.

    Particulars

    Installed Capacity at the end of year/period

    Effective Capacity Utilisation %

    1.

    Extrusion (In MT per year)

    10,200

    82.84%

    2.

    Thermoforming (In MT per year)

    4,320

    77.57%

    3.

    Printing (Pieces in Lakhs per year)

    5,148

    78.25%

    4.

    Sleeving (Pieces in Lakhs per year)

    1,275

    88.85%

  2. What would be manufactured in proposed Unit IV?

    The proposed Unit IV will enable the Company to increase the capacity to manufacture its present line of products i. e rigid plastic sheets and thermoformed packaging products.

  3. Who are the top 5 customers and how much they contribute to turnover?

    For details of the major customers' contribution, please refer the table below:

    Rajshree Polypack Top 5 Customers For FY 2018

    Particulars

    % (of total revenues)

    Top three (3) customers

    41.56%

    Top five (5) customers

    46.84%

    Top ten (10) customers

    54.89%

    Rajshree Polypack Top 5 Customers For FY 2017

    Particulars

    % (of total revenues)

    Top three (3) customers

    41.19%

    Top five (5) customers

    47.05%

    Top ten (10) customers

    56.69%

  4. Mention of risk on Plastic Ban controversy, with more states joining bandwagon what will be the impact on RPPL's market share? (refer page 22 of offer document)

    The products manufactured by the Company are mainly used for primary packaging which is not affected by the plastic ban. The contribution to the net revenue from operations of the Company from the sale of restricted products distributed in the state of Maharashtra was only 2.31% in FY 2017-18.

    Further the Company has been constantly adaptive to changes in external and regulatory environment. The Company has already started testing of products made of Bio-degradable material and samples have been submitted to the Central Institute of Plastics Engineering & Technology (CIPET) for their testing and approval as disclosed on page 149 in the RHP.

  5. The quantum jump in bottom lines from FY16 onwards is on what account?

    The Company's profits have increased by 986.93% from Rs. 72.06 Lakhs in FY 2015 to Rs. 783.24 Lakhs in FY 2016 and, profit for the period as a percentage of total revenue has increased from 1.11% in FY 2015 to 8.19% in FY 2016. This is primarily on account of increase in revenue from operations due to enhanced use of expanded capacity.

Rajshree Polypack IPO Date & Price

The Rajshree Polypack IPO opens on September 10, 2018 and closes on September 12, 2018.

Rajshree Polypack IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 10, 2018
  • Bid/Offer Closes On: September 12, 2018
  • Finalization of Basis of Allotment: September 18, 2018
  • Initiation of refunds: September 19, 2018
  • Credit of Equity Shares: September 19, 2018
  • Listing Date: September 24, 2018

Rajshree Polypack IPO price is set at ₹120 per equity share.

Rajshree Polypack IPO will close for subscription at 5 PM on September 12, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Rajshree Polypack IPO starts on September 10, 2018. The issue ends on September 12, 2018.

Rajshree Polypack IPO Issue Size and Subscription Status

The Rajshree Polypack IPO size is 2960000 Equity Shares of ₹10 aggregating up to ₹35.52 Cr.

Rajshree Polypack Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Rajshree Polypack IPO shares through the banks (using ASBA) or through the broker (using UPI).

Rajshree Polypack IPO Offer Size

Qualified Institutional Buyers (QIB)572,000 Shares
Non-Institutional Investors (NII)422,000 Shares
Retail Individual Investor (RII)985,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size1,979,000 Shares

Rajshree Polypack IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)3.61 times times
Non-Institutional Investors (NII)13.43 times times
Retail Individual Investor (RII)2.92 times times
Employee Reservations times
Other Reservations times
Total Issue Size5.36 times times

Click here to check the Rajshree Polypack IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Rajshree Polypack IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Rajshree Polypack IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Rajshree Polypack IPO Allotment and Listing

The Rajshree Polypack IPO allot status will be available online on September 18, 2018. Check the Rajshree Polypack IPO Allotment Status here.

Click here to check Rajshree Polypack IPO Allotment Status.

Rajshree Polypack IPO listing Date is September 24, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Rajshree Polypack IPO listing date and time is published by the exchange in a circular.

Click here to view the Rajshree Polypack IPO Basis of Allotment.

It is hard to say at what price Rajshree Polypack IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Rajshree Polypack IPO shares will list on September 24, 2018 at NSE SME.

Rajshree Polypack IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Rajshree Polypack IPO which could help you with questions like Rajshree Polypack IPO buy or not? You should also read Rajshree Polypack IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Rajshree Polypack IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Rajshree Polypack IPO performance. The performance reports are available 1 day after listing.