Kshitij Polyline Limited IPO

Kshitij Polyline Limited

Issue Open

Sep 21, 2018

Price Band

₹ 35

Issue Size

₹ 8.75 Cr

Credit of Shares to Demat

-

Issue Close

Sep 27, 2018

Bid Lot

4000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Oct 08, 2018

Refunds

-

About the company:

Kshitij Polyline Limited is involved in manufacturing, supplying and distributing a wide variety of Smart I.D. Card Products, Binding & Lamination equipment, Stationary Products and related materials and accessories.

Date of Establishment: The company was incorporated on 26th March 2008 as a private limited company ‘Kshitij Polyline Private Limited’ in Mumbai. Subsequently, the company was reconstructed to public limited company renamed to ‘Kshitij Polyline Limited’ on 19th January 2018.

Promoters of Kshitij Polyline Limited: Mr Bharat Hemraj Gala, Hemraj Bhimshi Gala and Rita Bharat Gala are the promoters of Kshitij Polyline Limited.

Products and Services Offering: The company has a widely diversified product that includes:

  • - Office Stationery and Utility products

  • - Wiro and Spiral

  • - Laminated Sheet and PP Sheet

  • - Personalised Products

Customer Segments: The company has a diversified customer segment that is spread across national and international countries including Argentina, Sri Lanka, Netherlands, Bhutan, Spain, Kenya, Turkey and Saudi Arabia among others.

Objects of Kshitij Polyline Limited IPO: The main objectives of Kshitij Polyline Limited IPO are:

  • - To utilise the proceeds for buying Machinery and Equipment for manufacturing of Laminated sheet, Wiro and PP Sheet.

  • - Working Capital Requirement.

  • - General Corporate Purposes.

  • - Issue Expenses.

Capital Financials:

Summary of Financial Information (Restated)

Particulars

For the year/period ended (in Rs. Lakhs)


3 -Mar-18

3 -Mar-17

3 -Mar-16

3 -Mar-15

3 -Mar-14

Total Assets

2 477.39

1 719.42

1 483.16

1 422.31

1 309.95

Total Revenue

2 743.25

1 701.04

1 557.20

1 239.14

1 267.65

Profit After Tax

1 5.62

2 .78

1 .94

1 .27

11.45

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