B&B Triplewall Ltd
Issue Analysis :
| Issue opens | Sept.28, 2018 |
| Issue Closes | Oct. 05, 2018 |
| Issue Price | Rs 36 |
| Lot Size | 3000 |
| Issue Size | 19.99 Cr |
| Lead Manager | Gretex Corporate Services Private Limited |
| Registrar | Purva Sharegistry India Pvt Ltd |
| Platform | NSE |
Company’s Snapshot :
B&B Triplewall is engaged in manufacturing of corrugated boxes and corrugated sheets. It has manufacturing facilities situated at Bangalore and Tamilnadu. The manufacturing facility is divided into two units, both the units are engaged in manufacturing of corrugated sheets and boxes. The company mainly caters to packaging industry and has been able to develop a loyal clientele network consisting of various packaging companies and MNC’s. Majority of its revenues are from the state of Karnataka.
The manufacturing facilities are divided into two units. Unit I is located at Bangalore, Karnataka and Unit III is situated at Shoolagiri (Krishnagiri), Tamilnadu. Whereas, Unit II was given on Lease. The company commenced its business operations in the year 2011 in Unit I. Subsequently, business operations were commenced in the year 2015 in Unit III. Its manufacturing facilities are well equipped with required facilities including machinery, conveyor belt, other handling equipments to facilitate smooth manufacturing process. The company endeavours to maintain safety in its premises by adhering to key safety norms.
Object of the Issue:
The objects of the Issue are to:
- Working Capital Requirements – INR6 crore
- Repayment of Intercorporate Loans – INR8.3 crore
- General Corporate Purpose – INR4 crore
- Issue Expenses – INR1.69 crore
Financial Highlights :
| B&B Triplewall’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 31.62 | 45.04 | 101.76 | 101.95 | 166.97 | |
| Total expenses | 30.73 | 42.99 | 97.40 | 100.36 | 161.22 | |
| Profit after tax | 0.67 | 1.28 | 1.93 | 1.66 | 4.57 | |
Company Promoters:
The Promoters of the Company is:
- Mr Manish Kumar Gupta
- Mr Ravi Agarwal
- Mr Alok Agarwal
- Mr Manish Bothra
- Mr Amit Agarwal
- Mr Sidharth Agarwal
- Mr Nishant Bothra
Contact Company Information:
B&B Triplewall Containers Limited
Sy. No. 263/2/3, Marsur Madivala
Kasaba Hobli Anekal Taluk
Bangalore – 562106
Phone: +91 80 27827028
Email: cs@boxandboard.in
Website: www.boxandboard.in