Category: IPO

 

Synergy Green Industries Ltd

Issue Analysis :

Issue opens	Sept.04, 2018
Issue Closes	Sept. 07, 2018
Issue Price	Rs 70
Lot Size	2000
Issue Size	26.46 Cr
Lead Manager	Swastika Investmart Limited
Registrar	Link Intime India Private Ltd.
Platform	BSE

Company’s Snapshot :

Synergy Green Industries is engaged in the business of foundry i.e. manufacturing of castings, industrial castings, turbine castings, metal castings, steel castings and Windmill Parts. The company is ISO 9001:2015 certified for Manufacture of Graded Grey Iron, Spheroidal Graphite Iron and Steel Casting and Machined Components for Non-Automotive and Industrial Applications. It is capable of handling the castings ranging from 500 Kg to 17 MT single piece in ductile iron and grey iron.

Its plant – located in Kolhapur – is equipped with MAGMA simulation software, Furan no bake moulding plant, Induction melting furnace and entire range of testing equipment’s to meet stringent quality specifications. The company organizes its business in three segments – Wind Turbine, Wind Gear Box and General Engineering (Non-Wind Segment) like Mining equipment, Pump and Valve Industry Plastic Injection machines, traction motors and small casting.

Object of the Issue:

The objects of the Issue are to:

 

• Purchase of Plant and Machinery
• Working Capital Requirement
• General Corporate Purpose
• Issue Expenses

 

Financial Highlights :

Synergy Green’s financial performance (in INR crore)
		FY2014	FY2015	FY2016	FY2017	FY2018
Total revenue		37.2	63.8	82.6	120.7	103.1
Total expenses		46.5	71.5	81.5	116.6	100.2
Profit after tax		-9.0	-6.9	1.6	4.9	4.7

 

 

 

Company Promoters:

The Promoters of the Company are:

1. Mr Sachin Rajendra Shirgaokar,
2. Mr Sohan Sanjeev Shirgaokar,
3. Mr Vendavagali Srinivasa Reddy
4. S B Reshellers Private Limited

Contact Company Information:

Synergy Green Industries Limited
392 E Ward
Shahupuri,
Kolhapur – 416001

Phone: +91 0231 2658375
Email: info@synergygreenind.com
Website: www.synergygreenind.com

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Sumit Woods Limited

Issue Analysis :

Issue opens	Aug 29, 2018
Issue Closes	Aug 31, 2018
Issue Price	Rs 43 to Rs 45
Lot Size	3000
Issue Size	18.24 Cr
Lead Manager	MARK CORPORATE ADVISORS PRIVATE LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 1997, Mumbai based Sumit Woods Limited is a company engaged in the business of civil contractors and executed projects for Modern Bread, Railway Officers and Government Holiday Homes.

 

The company’s first project was Kandivali Mitnayan Co-Op Housing Society with a built up area of 26000 Sqft. completed in the year 2004. Since then it has completed 19 projects.

 

During 2012-17, the main business activities of the company were redevelopment of Old Buildings, (CESS Building Redevelopment / MHADA Redevelopment), and residential projects in Mumbai and Goa.

 

Sumit Woods is a patron member of MCHI, CREDAI Mumbai. The company has handed over more than 4,500 units across 2.86 million square feet.

 

The company has 33 permanent employees on its payroll.

 

Object of the Issue:

The objects of the Issue are to:

 

1. Meet the fund requirements for execution of our Ongoing and Forthcoming Projects and other working capital requirements;
2. To repay/prepay the secured loans;
3. Meet General Corporate Purpose;
4. Meet Public Issue Expenses.

 

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	11,750.88	12,243.12	13,512.35	12,614.62	12,462.99
Total Revenue	3,433.13	4,697.31	2,961.14	2,951.42	1,973.60
Profit After Tax	774.53	313.26	74.98	85.35	271.52

 

Summary of financial Information (Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	9,503.74	10,105.59	11,312.47	10,870.44	11,115.30
Total Revenue	2,114.04	3,899.55	2,285.13	2,002.80	1,388.17
Profit After Tax	573.19	260.38	54.05	97.32	57.08

 

Company Promoters:

The Promoters of the Company are:

1. Mr. Mitaram Jangid;
2. Mr. Subodh Nemlekar and
3. Mr. Bhushan Nemlekar
4. Mrs. Sharda M. Jangid
5. Mrs. Kavita B. Nemlekar

Contact Company Information:

Sumit Woods Limited

 

B-Wing, Office No-1101

Opp. Reliance Office, Express Zone

W.E.Highway, Malad-East Mumbai – 400097

Phone: +91 22 2874 9966/77

Fax: +91 22 2874 3377

Email: contact@sumitwoods.com

Website: http://www.sumitwoods.com/

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Marshall Machines Limited

Issue Analysis :

Issue opens	Aug 28, 2018
Issue Closes	Aug 30, 2018
Issue Price	Rs 42
Lot Size	3000
Issue Size	16.25 Cr
Lead Manager	SARTHI CAPITAL ADVISORS PRIVATE LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 1994, Punjab based Marshall Machines Limited is a company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers.

 

The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc. The company’s customer list includes GNA, USHA, HERO HONDA, HAVELLS, ROCKMAN, AMTEK AUTO etc.

 

Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D denters in Ludhiana. The centers are focussed on development of super-optimized machines and smart automated machine tool cells.

 

The company has 256 permanent employees on its payroll.

 

Object of the Issue:

The Objects Of The Issue are-

 

1. Capacity Augmentation
2. Upgradation of existing R&D and IOTQ centers
3. Establishment of new IOTQ centers
4. Working Capital Requirements
5. General Corporate Purpose
6. Issue Expenses

 

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	7,964.13	6,503.73	5,935.76	5,955.71	5,270.74
Total Revenue	5,942.43	5,054.42	4,390.66	4,257.46	3,928.43
Profit After Tax	500.30	110.49	41.53	24.96	58.76

 

Company Promoters:

The promoters of the company are Gaurav Sarup and Prashant Sarup.

 

Contact Company Information:

Marshall Machines Limited

 

C-86, Phase-V,

Focal Point, Ludhiana,

Punjab 141010

Phone: +91 161 5012406/2407,

Fax: +91 161 5012408

Email: gaurav.sarup@marshallcnc.com

Website: http://www.marshallcnc.com/

For Beeline Assistance:  Contact Here

 

 

Supreme Engineering Ltd IPO 

Issue Analysis :

Issue opens	Aug 24, 2018
Issue Closes	Aug 29, 2018
Issue Price	Rs 27 to Rs 32
Lot Size	4000
Issue Size	21.05 Cr
Lead Manager	CKP FINANCIAL SERVICES PRIVATE LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 1987, Mumbai based Supreme Engineering Limited (SEL) is a company engaged in the business of manufacturing special alloys and special wire products. The company has two manufacturing units Unit I being the Special Steels division, located at Khopoli, and engaged with the manufacturing of special alloys such as super alloys, precipitation hardening steels, martensitic stainless steel, austenitic stainless steel, ultra high strength steel and high speed steels which have their end use in sectors such as aerospace, space, defence, nuclear power thermal power, oil & gas, and heavy engineering; and Unit II being the Wire division, located at Rabale, Navi Mumbai, engaged with the manufacturing of wires, bright bars, fine wires, and profiles. These products find their end use in sectors such as automotive, oil & gas, industrial machinery, and hand tools industries.

 

In the year of 2004, Supreme Special Steels was set-up with a special emphasis on the manufacturing of special steels and exotic alloys. This resulted in a dramatic expansion of the company’s offerings. Today, SEL offers Nickel-based Superalloys, Duplex & Super-duplex steel, Super-austenitic stainless steel, hot and cold work die steel and high-speed steel bars for various applications both domestically and internationally.

 

The company has developed exotic alloy steel bars indigenously; thereby making it the only manufacturer of exotic alloys steel bars in the private sector in India.

 

The Company has 36 full-time employees in addition to the management, who look after the administrative, secretarial, legal, marketing, accounting functions, business operations and factory management. Apart from these permanent employees, it has also hired approximately 100 contract labor for the processing units.

Object of the Issue:

The Objects of the Issue is to raise resources to:

 

1. Part finance the Working Capital requirements
2. Part repayment of High-Cost Debt
3. Finance Capital expenditure for the following purpose:

(A) Acquisition of Plant & Machinery

(B) Up-gradation of existing technology

4. Meet General Corporate Expenses
5. Meet IPO Issue Expenses

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	17,564.51	14,174.01	11,356.75	12,410.33	10,494.81
Total Revenue	15,226.13	12,086.04	11,364.69	7,959.85	7,727.54
Profit After Tax	465.36	215.04	112.29	73.77	19.00

 

Company Promoters:

The Promoters of the company are Mr. Sanjay Chowdhri, Sanjay Chowdhri HUF & Lalita Chowdhri. The promoters collectively hold 58,49,500 Equity Shares, which constitutes 80.46% of the pre-issue paid-up Equity Share capital of the Company.

Contact Company Information:

Supreme Engineering Ltd

 

R-223, M.I.D.C. Complex,

Rabale, Thane Belapur Road

Navi Mumbai 400 701

Phone: +91 22 2769 2232

Fax: +91 22 2769 0341

Email: cs@supremesteels.com

Website: http://www.supremesteels.com

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Add-Shop Promotions Limited IPO 

Issue Analysis :

Issue opens	Aug 21, 2018
Issue Closes	Aug 30, 2018
Issue Price	Rs 26
Lot Size	4000
Issue Size	6.23 Cr
Lead Manager	FEDEX SECURITIES LIMITED
Registrar	CAMEO CORPORATE SERVICES LIMITED
Platform	BSE

Company’s Snapshot :

Incorporated in 2013, Gujarat based Add-Shop Promotions Limited is a company engaged in the business engaged in the business of marketing and distribution of ayurvedic, food supplements, agricultural products, animal feed supplement and personal care products under the brand name “Add-Shop Promotions”.

 

The company supplies products manufactured by select manufacturers under its brand to retailers and wholesalers. It procures the finished products from certified manufacturers and markets it through various intermediaries and sales agents.

 

Add-shop has tied up with Marss Herbal (India), a manufacturer of herbal and natural use products. The company supplies the manufactured products under “ADD-Shop” brand.

 

To penetrate major markets, Add-shop has entered into an agreement with various collecting and forwarding agents (C&F’s) like Panchlingeshwara Enterprises, in Karnataka., Just Need United Trading, Maharashtra, and Good Life Enterprises Telangana.

 

The Company’s total revenue as restated for the three months ended June 2018 and for the Financial year 2018, 2017 and 2016 was Rs.381.41 lakhs, Rs.1254.90 lakhs, Rs. 455.41 lakhs and Rs.192.67 lakhs, respectively.

 

The profit/loss after tax as restated for the three months ended June 2018 and Financial Year 2018, 2017 and 2016 was Rs. 16.37 lakhs, Rs. 22.96 lakhs, 14.69 lakhs, and Rs. (0.38) lakhs, respectively.

 

The company has 16 permanent employees on its payroll.

Object of the Issue:

The objects of the issue are-

1. Setting up of an herbal & ayurvedic processing unit for manufacturing of cosmetic & non-cosmetic products
2. Brand Building and Advertisement
3. Working Capital Requirements
4. General Corporate Purposes

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-June-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	806.69	757.72	83.85	41.58	1.00	1.00
Total Revenue	384.41	1,254.90	455.41	192.67	—	—
Profit After Tax	16.37	22.96	14.69	(0.38)	—	—

 

Company Promoters:

The Promoter of the Company is Dineshbhai Pandya. He holds 38,81,200 Equity Shares, representing 95.17% of the subscribed and paid-up Equity Share capital of the Company.

Contact Company Information:

Add-Shop Promotions Limited

 

B-304 Imperial Height

150ft Ring Road

Rajkot, Gujarat, India

Phone: 0281-2580499

Email: investor@addshop.co

Website: http://www.addshop.co/

For Beeline Assistance:  Contact Here

 

 

Dangee Dums Limited IPO

Issue Analysis :

Issue opens	Aug 20, 2018
Issue Closes	Aug 24, 2018
Issue Price	Rs 74
Lot Size	1600
Issue Size	20.07 Cr
Lead Manager	MONARCH NETWORTH CAPITAL LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 2010, Ahmedabad based Dangee Dums Limited is a company engaged in the business of cakes, chocolates, and desserts.

The company manufactures the following products:

1. Cakes and Pastries
2. Designer Cake
3. Chocolates
4. Cupcakes and Ice creams
5. Other Bakery Products

Dangee Dums has recently introduced ice cream which is receiving a very good response from the customers. The

other products are Artisan Breads, Candies, Cookies, Khari Toast, Thick shakes, Softies, Savouries, and beverages.

The company has a 25000 square feet manufacturing facility in Ahmedabad. It has 87 outlets across Gujarat with 46 outlets in Ahmedabad, 23 in Surat, 12 in Vadadora, 3 each in Gandhinagar and Surat.

Dangee Dums was awarded as the “best dessert place in Ahmedabad” in Times Food Award on February 12, 2012.

The company has 254 permanent employees on its payroll.

Strengths of the Company-

1. Widespread footprint across Gujarat with 81 stores
2. Sales growth of 60% CAGR on a YoY basis
3. Established brand in Gujarat

Object of the Issue:

The objects of the issue are-

1. Repayment of Existing Secured Loans
2. Purchase of Fixed Assets
3. General Corporate Expense
4. Issue Expenses

Financial Highlights :

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,367.23	2,716.77	1,552.91	845.43	309.28
Total Revenue	3,657.86	1,996.12	1,153.12	598.39	295.34
Profit After Tax	154.77	90.52	(513.16)	(288.03)	(127.59)

 

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17
Total Assets	2,716.49
Total Revenue	1996.12
Profit After Tax	90.50

 

Company Promoters:

The promoters of the company are Mr. Nikul Jagdishchandra Patel, Mrs. Foram Nikul Patel, and Mr. Ravi Hemantkumar Patel. They together hold 70,35,500 Equity Shares constituting 93.18 % of the issued and paid-up Equity Share capital of the Company.

 

Contact Company Information:

Dangee Dums Limited

 

4/A, Ketan Society,

Nr. Sardar Patel Colony, Naranpura,

Ahmedabad – 380 014, Gujarat, India

Phone: 079-27681878

Email: cs@dangeedums.com

Website: http://www.dangeedums.com/

For Beeline Assistance:  Contact Here

 

 

Aaron Industries Limited IPO 

Issue Analysis :

Issue opens	Aug 20, 2018
Issue Closes	Aug 24, 2018
Issue Price	Rs 38
Lot Size	3000
Issue Size	4.78 Cr
Lead Manager	GRETEX CORPORATE SERVICES PVT LTD
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Aaron Industries Limited is a company engaged in the business of manufacturing and trading of Elevator products and other elevator parts with the continuation of existing business also. Currently, the company provides

Elevator product and parts including Elevator cabins, Doors, Frem, Header, Traction Machine etc.

 

Aaron Industries also provides electronic equipment like Busbar chambers, Cable tray, Distribution boxes, Loom switch and building hardware material like Z perline and slotted channel etc.

 

The company’s total revenue increased to ` Rs 1,179.14 Lakh in 2018 from Rs 39.07 Lakh in 2014 at a CAGR of 97.67 %.

 

The EBIDTA increased to Rs 160.73 Lakh in 2018, from Rs 1.45 Lakh in 2014 at a CAGR of 156.42%.

Object of the Issue:

The Objects of the Issue are to:

1. Set up a new line of business in the expansion plan
2. Meet the working capital requirement; and
3. Meet the Public Issue Expenses

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	692.61	255.41	220.80	106.48	38.72
Total Revenue	1,179.14	480.31	331.89	237.81	39.07
Profit After Tax	107.03	4.94	3.86	3.66	0.84

 

Company Promoters:

The Promoters of the Company are:-

1. Mr. Amar Chinubhai Doshi
2. Mr. Karan Amar Doshi
3. Mr. Monish Amarbhai Doshi
4. Ms. Radhika Amar Doshi
5. Ms. Toral Karan Doshi
6. Ms. Bhoomi Monish Doshi

 

Contact Company Information:

Aaron Industries Limited

 

B-65 & 66,

Jawahar Road No. 4, Udhyog Nagar

Udhana, Surat-394210, Gujarat

Phone: +91-02612278410

Email: info1@aaronindustries.net

Website: http://www.aaronindustries.net/

For Beeline Assistance:  Contact Here

 

 

Powerful Technologies Limited IPO

Issue Analysis :

Issue opens	Aug 9, 2018
Issue Closes	Aug 14, 2018
Issue Price	Rs 51
Lot Size	2000
Issue Size	13.55 Cr
Lead Manager	FINSHORE MANAGEMENT SERVICES LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 2015, Delhi based Powerful Technologies Limited is a company engaged in the business of manufacturing/assembling LED TVs, LED monitors and Power Banks.

Powerful Technologies, initially sold its products under the brand names of “Powereye” and “Lappy Master”. The company also used to make power banks for other brands.

In the year 2016-17, it got approval from Kodak and Polaroid to manufacturer mobile power banks and LED TVs respectively. The company is an authorized licensee for Kodak Power banks and Polaroid LED TVs and LED

Monitors in India.

As part of its focus to sell its products online, the company has recently tied-up with Appraio Retail Pvt. Ltd, a JV of Amazon Asia and Patni group as also with Flipkart India Pvt. Ltd.

The company’s manufacturing unit is located at Noida. The company has recently delivered the first shipment of mobile adapters to its distributors under “Powereye” brand.

The company has 73 employees including contractual employees on its payroll.

Competitive strengths of the company-

1. License rights with reputed global brands like Polaroid for India, Nepal, and Bangladesh and with Kodak for India.
2. Ownership of brand names “Powereye” and “Lappy Master”
3. Wide distribution network

 

Object of the Issue:

The objects of the Issue are:

1. To meet the working capital requirements of the Company;
2. Issue Expenses.

 

Financial Highlights :

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	3,101.84	2,481.81	999.07	1.06
Total Revenue	6,262.12	3,561.26	2,497.25	—
Profit After Tax	450.25	40.65	18.48	(0.11)

 

Company Promoters:

The Promoters of the Company are Aditya Gupta, Nitin Chhabra, and Karuna Chhabra.

 

Contact Company Information:

Powerful Technologies Limited

 

G1 Prakash Chamber Ground Floor 6

Netaji Subash Marg, Darya Ganj

New Delhi- 110002

Phone: +91 11 40071894

Email: Nitin@pcpl.in

Website: http://www.powerfultech.in/

For Beeline Assistance:  Contact Here

 

 

Sungold Media and Entertainment Limited IPO

Issue Analysis :

Issue opens	Aug 9, 2018
Issue Closes	Aug 14, 2018
Issue Price	Rs 10
Lot Size	10,000
Issue Size	1.35 Cr
Lead Manager	FINSHORE MANAGEMENT SERVICES LIMITED
Registrar	SATELLITE CORPORATE SERVICES PRIVATE LIMITED
Platform	BSE

Company’s Snapshot :

Incorporated in 1995, Gujarat based Sungold Media and Entertainment Limited is a company engaged in the business of branding. The company offers services like Digital Marketing, Mobile App Development, Graphics Design, Website Design, Photography, Videography, Video Editing, Celebrity Management and distribution services.

Sungold designs and develops solutions to maximize brand image of its clients.

Some of the Ongoing projects of the company are:

1. News portal- www.liveupdates.co.in
2. Entertainment portal- www.entertainment365.in
3. Portal on the state of Gujarat-www.gujaratdevelopment.com

 

The company has presently 10 permanent employees on its payroll.

 

Object of the Issue:

The objects of the Offer are to-

1. Achieve the benefits of listing the Equity Shares on the SME Platform of BSE.
2. Enhance the company’s visibility, brand name and provide liquidity to the existing shareholders.
3. Provide a public market for the Equity Shares in India.

The Company will not receive any proceeds from the Offer. and all the proceeds from the Offer will go to the Promoter Selling Shareholder Mr. Rajiv Rameshchandra Kotia.

 

Financial Highlights :

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	28-Feb-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	568.86	486.85	483.21	473.88	200.10	231.93
Total Revenue	44.74	59.85	56.34	34.96	14.93	10.80
Profit After Tax	2.67	5.32	8.81	6.31	0.91	0.26

 

Company Promoters:

The promoters of the company are Rajiv Rameshchandra Kotia and Raj Rajiv Kotia. Rajiv Rameshchandra Kotia holds 16,53,550 Equity Shares (being 33.07% of the Issued, Subscribed and Paid-up Equity Share capital) and Raj Rajiv Kotia hold 16,11,132 Equity Shares (being 32.22% of the Issued, Subscribed and Paid-up Equity Share capital) of the company.

 

Contact Company Information:

Sungold Media and Entertainment Limited

13, Radhakrushna Mandir Compound

Rajpipla, Nandod,

Narmada- 393145, Gujarat

Phone: +91 9099018633

Email: info@sungoldmediaent.com

Website: http://sungoldmediaent.com/

For Beeline Assistance:  Contact Here

 

 

Deep Polymers Limited IPO

Issue Analysis :

Issue opens	Aug 8, 2018
Issue Closes	Aug 13, 2018
Issue Price	Rs 40
Lot Size	3000
Issue Size	15.24 Cr
Lead Manager	GRETEX CORPORATE SERVICES PVT LTD
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	BSE

Company’s Snapshot :

Incorporated in 2005, Gujarat based Deep Polymers Limited is a company engaged in the business of manufacturing color and additive masterbatches including antifab fillers, transparent fillers and color fillers etc. The products are used in engineering plastics and compounds and are cost-effective replacements for polymers.

The company started its facility at Ahmedabad to manufacture plastic masterbatches with 600 MT productions per annum in the year 1992. Today, it has achieved production of color masterbatches and filler masterbatches of 12,000 MT and 25,000 MT respectively.

Deep Polymer’s total revenues, as restated for the year ended March 31, 2018, is Rs. 4,110.09 Lakh. The

The company’s restated net profit after tax for the year ending March 31, 2018, is Rs. 214.73 Lakh.

 

Object of the Issue:

 

The Offer includes a fresh Issue of 13,60,000 Equity Shares and an offer for sale of 24,50,000 Equity Shares. The Company proposes to utilize the funds raised through the fresh issue to meet-

1. Working capital requirement;
2. Issue Expenses; and
3. General corporate purpose

 

Financial Highlights :

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	2,904.30	3,009.04	2,539.78	2,637.90	2,321.31
Total Revenue	4,110.09	4,274.43	3,600.85	4,113.89	3,473.07
Profit After Tax	214.73	128.02	(35.41)	67.05	(36.06)

 

Company Promoters:

The promoter of the company is Rameshbhai Bhimjibhai Patel. He holds 33,00,000 Equity Shares constituting 31.39% of the Pre Offer Capital.

 

Contact Company Information:

Deep Polymers Limited

Block No. 727B/H, Bhavi Industries

Rakanpur (Santej), Tal Kalol,

D Gandhinagar- 380 060

Phone: +91-2764-286032

Email: info@deeppolymer.in

Website: http://www.deeppolymer.in/

For Beeline Assistance:  Contact Here