Technopack Polymers Limited

Company Profile
Company Name Technopack Polymers Limited
Open Date 02-11-2022
Close Date 07-11-2022
Exchange BSE SME
Lot Size 2000 Shares
Issue Price ₹55 per share
Issue Size 14,30,000 Equity Shares
Application Amount ₹ 1,10,000
Recommendation Neutral
Company was formed in the year 2018 and is engaged in the business of manufacturing Pet Preforms and HDPE Cap Closures. To facilitate the same, the company has its manufacturing activity at M/s Gokul Industries, Rafaleshvar Ind. Estate, Nr. Rafaleshvar Rlw. Track, Morbi, Jambudiya, Rajkot, Gujarat- 363642. The company has been planning to purchase and set up additional SACMI CCM24S-F plant for manufacturing of HDPE Beverages Closures
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Jul-22 Mar-22 Mar-21
Total Assets 1,183.82 926.59 585.73
Net Assets 779.31 300.37 99.54
Total Borrowings 160.56 270.78 328.98
Total Revenue 482.1 1,002.87 615.74
Profit After Tax 93.94 210.83 1.94

Tentative Timeline

Opening Date 02-11-2022
Closing Date 07-11-2022
Basis of Allotment 11-11-2022
Initiation of Refunds 14-11-2022
Credit of Shares to Demat 15-11-2022
Listing Date 16-11-2022

Objects of the Issue

Part funding to purchase and set up additional SACMI CCM24S-F plant for manufacturing of HDPE Beverages Closures.
Additional Working Capital Requirement
General Corporate Purpose

Contact Information

Registered Office Technopack Polymers Limited M/s Gokul Industries Rafaleshvar Industrial Estate Nr. Rafaleshvar Rlw. Track, Morbi, Jambudiya, Dist. Rajkot Gujarat – 363642
Phone +91 9099070066
Email compliance@technopackltd.com
Website https://technopackltd.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Market Maker Shares Offered 71,500 (5.00%)
Other Shares Offered 6,79,250 (47.50%)
Retail Shares Offered 6,79,250 (47.50%)
Total Shares Offered 14,30,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100%
Share Holding Post Issue (Promoters) 73.51%

Contact Us to Enable Your Success!