Kshitij Polyline Ltd
Issue Analysis :
| Issue opens | Sept.21, 2018 |
| Issue Closes | Sept. 27, 2018 |
| Issue Price | Rs 35 |
| Lot Size | 4000 |
| Issue Size | 8.75 Cr |
| Lead Manager | Monarch Networth Capital Limited |
| Registrar | Karvy Computer share Private Ltd |
| Platform | NSE |
Company’s Snapshot :
Kshitij Polyline is involved in manufacturing, marketing, sourcing of Plastic Sheet, lamination sheet, folders, I card and files having wide application in printing and stationery. The company has developed the skill and expertise in designing and innovation in office stationery, calendar, dairy and student study materials of different variety colours, design and application. It has also developed the In-house technical & Design team to provide stationery solution and implementation for calendar, diary, books as replacement of traditional material with new and innovative PP material.
The company has regular business from existing clients such as Navneet Publication, Anupam Stationery, Events and Media Organisers of conference and Exhibition. The company has developed the regular whole sellers and distributors for supply of laminated sheet, PP sheet, office stationery and allied products. KPL has established own distribution and marketing network in Pan India Basis. The company is now planning for business expansion through state of art manufacturing facility. It has plan to develop logistic & warehousing facility in Delhi, Jaipur, Culcutta, Hydrabad, Banglore, Chennai and Pune.
Object of the Issue:
The objects of the Issue are to:
- Purchase of Machinery and Equipment to manufacture the Laminated sheet, Wiro and PP Sheet suitable for stationery and office products
- Working Capital Requirements
- General Corporate Purposes
- Issue Expenses
Financial Highlights :
| Kshitij Polyline’s financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 9M FY2018 | |
| Total revenue | 13.3 | 12.7 | 12.4 | 15.6 | 17.0 | 17.0 |
| Total expenses | 13.2 | 12.5 | 12.1 | 15.3 | 16.6 | 15.9 |
| Profit after tax | 0.08 | 0.11 | 0.16 | 0.20 | 0.28 | 0.85 |
Company Promoters:
The Promoters of the Company is:
- Bharat Hemraj Gala
- Hemraj Bhimshi Gala
- Rita Bharat Gala
Contact Company Information:
Kshitij Polyline Limited
8, Sona Udyog, Parsi Panchayat Road,
Andheri East
Mumbai – 400069
Phone: +91 022 42234107
Email: : kshitij123@hotmail.com
Website: www.kshitijpolyline.co.in
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