Ongoing SME IPO_Ahlada Engineers Ltd

 

Ahlada Engineers Ltd

Issue Analysis :

Issue opens Sept.11, 2018
Issue Closes Sept. 18, 2018
Issue Price Rs 150
Lot Size 1000
Issue Size 51.08 Cr
Lead Manager Saffron Capital Advisors Private Ltd
Registrar Bigshare Services Pvt. Ltd.
Platform NSE

Company’s Snapshot :

Ahlada Engineers is in the business of manufacturing steel doors and windows (steel-frame) and caters to customers across various segments and industries. It currently has facilities spread across 3 manufacturing units in addition to one assembling unit and stock yard, with an area admeasuring 34,211 square yards on the outskirts of Hyderabad. Additionally, the company is also in the business of manufacturing cleanroom equipment for customers in the pharmaceutical, biotechnology and food industries.

Established in 2005, it started commercial operations in February 2006 with manufacturing of cleanroom equipment and furniture. Further in the year 2008, the company started manufacturing steel doors which catered to the then existing customers of cleanroom equipment and furniture. The company gradually expanded its manufacturing facilities and has over the past decade, expanded the facilities to its current form and capacity. Presently, Ahlada Engineers has an installed capacity to manufacture 11,000 doors per month.

Object of the Issue:

The objects of the Issue are to:

  • Repayment of certain identified loans availed from lenders and directors
  • Purchase of Machinery/Equipment
  • Funding of Working Capital Gap
  • General Corporate Purposes
  • Issue Expenses

 

Financial Highlights :

Ahlada Engineers’ financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 79.1 96.3 111.5 118.6 127.9
Total expenses 75.0 92.2 106.6 113.3 115.6
Profit after tax 2.6 2.6 3.1 3.3 8.1

 

Company Promoters:

The Promoters of the Company is:

Chedepudi Suresh Mohan Reddy

Contact Company Information:

Ahlada Engineers Limited
Survey No. 62/1/A & 67, Tech Mahindra Road
Bahadurpally, Qutbullapur Mandal
Hyderabad 500 043

 

Phone: +91 98 6650 0811
Email: kodanda.cs@ahlada.com
Website: www.ahlada.com

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Morning Business News Round Up_ Sep 11, 2018

  •  Govt may allow cos to sell oil & gas to affiliates
  •  Over-optimistic bankers responsible for NPA: Rajan
  •  Govt says no to excise relief for fuel prices
  •  Related imageArcelorMittal submits revised bid for Essar Steel
  •  Rupee not to go in for free fall: Raghuram Rajan
  •  Last date for July-Sep GSTR-1 extended till Oct 31
  •  India wants trade deal with US: Donald Trump
  •  Rupee: Govt in touch with RBI for mkt intervention
  •  Sebi mulls allowing NRIs through FPI route after meeting specific KYC norms
  •  SBI’s plans to raise dollar funds through green bonds’ issue put on hold
  •  TGBL consolidates overseas operations as one unit, exits non-core market
  •  Debt MFs see outflow of Rs 68 bn in Aug on weak rupee, rising oil prices
  •  NCLT notice to Jaiprakash Associates over ICICI Bank claim of Rs 12 bn dues
  •  Centre pegs CAD for FY19 at 2.5% of GDP
  •  Brexit augurs well for India-UK trade talks: Graham Stuart
  •  Tata Motors global sales up 14% in August
  •  Group of secretaries on e-comm to meet on Sep 13
  •  India is the brightest spot for steel sector till 2019: Moody’s
  •  SpiceJet to launch first dedicated air cargo service on Sept 18
  •  India is standing still as global trade changes
  •  BSE, PTC, ICICI to set up power exchange
  •  Kalpataru in deal with Indian Hume Pipe to develop 15 acre Pune land
  •  GIC, Abu Dhabi Investment, Canada’s pension board in race to pick 25% stake in Reliance Home Finance
  •  Rupee closes at record low, bond yield spikes 13 bps as CAD widens
  •  Aadhar Housing Finance to raise up to Rs.1,400 crore via NCDs
  •  Sensex tumbles 468 points, Nifty ends below 11,450 after rupee crashes to 72.67/$
  •  Forging industry sees 20 percent cost rise on high power tariff: AIFI
  •  JSW Steel crude steel output grows 8% in August
  •  India’s economic growth to slow in second half of this fiscal, says UBS report
  •  Suppliers liable to pay penalty for not passing GST rate cut benefits: NAA
  •  India’s economic growth to slow in H2 of FY19, says UBS
  •  Gail, EIL, Concor to make way for new PSUs in CPSE ETF
  •  Global economic growth returns, but issues still remain

Refer & Earn

Terms & Condition :

  • The account opening charges for your every registered referral under this scheme will be Lifetime Rs.234/-
  • Referral must open a demat account with minimum of Rs.10,000 fund margin and must maintain the average balance for min 1 month from the date of account opening.
  • Referrer will get gift voucher worth Rs.250 as reward for each account open & will get Life Time (10 % + 5%) referral brokerage.
  • This offer is valid for registration received between 10th sep, 2018 to 15th sep, 2018 &  KYC form received on or before 24th sep,2018 with all necessary required documents.
  • Referrer must registered referral through Back office app of BBL.
  • This scheme is not applicable to Sub broker/ Sub broker’s family code, Employee & Employee’s family code.
  • This scheme is applicable to only existing clients of Beeline Broking Ltd
  • Referee should not be immediate family member of the referrer or having same address.
  • Margin money must be received at the time of account opening & cheque must be cleared on or before 24th sep,2018.
  • In case of any dispute, the decision of Beeline Broking Ltd. (BBL) management will be final and binding.
  • BBL reserves the rights to withdraw or modify this scheme without prior notice.
  • This offer is for limited period & can’t be clubbed with any other offer.
  • All communications regarding referral program will be sent on the client’s registered email id or mobile number. If required, please update same to avoid any difficulty.

– Open 15 accounts & Get Rs. 1500/- Book My Show voucher

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Call on 9033006912 for Details. 

Morning Business News Round Up_ Sep 10, 2018

  •   No question of a monopoly in telecom sector: Telco Min
  •   ‘Centre hiked excise duty 12 times on petrol, diesel’
  •   India may impose anti-dumping on some Chinese steel
  •   Image result for insurance industryInsurance industry to touch $280 bn by FY20: Assocham
  •   1 in 3 Indians has proper retirement plans, finds study
  •   Indian paper industry growing at 6-7% says official
  •   ‘Per capita spending on legal aid in India is Rs 0.75’
  •   Sebi may delay extending trading hours at derivatives markets till 11.55 pm
  •   After striking off 70,000 shell firms, govt axe to fall on another 100,000
  •   Govt grappling with measures to regulate virtual currencies despite RBI ban
  •   NTPC approves Rs 97.85 bn investment for expansion of Talcher power plant
  •   Reliance Retail buys 16.31% in Genesis Colors, acquires stake in 5 more cos
  •   Icra downgrades ratings of IL&FS loans, debentures to ‘junk’ status
  •   WTO: US rejects India’s request to join Russia in dispute against duties on steel, aluminium
  •   Mature economies accept dependence on coal-sourced energy
  •   President Kovind invites Czech defence cos to manufacture in India
  •   0Affle buys Vizury’s re-targeting, push notifications biz
  •   FPIs pull out Rs 5,600 cr in just 5 trading sessions
  •   In a U-turn, SEBI panel to allow NRIs, PIOs to hold non-controlling stakes in FPIs
  •   Department of Posts to set up insurance firm in 2 years
  •   NMDC seeks exploration license for Tungsten in Australia
  •   Seven of top 10 firms lose Rs.75,684 crore in m-cap last week, HUL worst hit
  •   RBI may conduct OMO buyback this week to ease liquidity, say bankers
  •   RBI imposes a total penalty of Rs.3 cr on 3 PSU banks
  •   IRDAI to set timeline for LIC to cut stake in IDBI Bank to 15%
  •   Sebi may summon Kochhars soon; board to discuss coordinated efforts with government, RBI
  •   ICPA opposes Air India move to recover over-time flying allowance
  •   600-700 Indian companies acquired annually: CII-PwC report
  •   Recoveries from stressed assets continue to elude
  •   Essar Steel bids to be opened today
  •   Investment limit for EB-5 visa to remain same till December
  •   OVL declines Venezuela’s offer of more stake in oilfield

Upcoming SME IPO_AKG Exim Ltd

 

AKG Exim Ltd

Issue Analysis :

Issue opens Sept.10, 2018
Issue Closes Sept. 14, 2018
Issue Price Rs 31
Lot Size 4000
Issue Size 5.52 Cr
Lead Manager Navigant Corporate Advisors Ltd
Registrar MAS Services Limited
Platform NSE

Company’s Snapshot :

AKG Exim is a diversified & leading merchant trading company in vast range of products & commodities. The company is a global merchandiser, distributor of variety of products including Non Basmati Rice, Metal Scrap, Aluminium scrap, Iron Scrap, Spices and Dry Fruits, etc. The company connects the seller and the markets, while ensuring lasting prosperity and sustainable supply at both ends. The company is catering to a large number of customers around the globe with concentration on Indian and overseas subcontinent.

Metal Scrap etc. is being imported from USA & West African Countries and sold in Far East Countries & in Domestic markets; and Non Basmati Rice is being purchased in the domestic Market and Exported in markets of African Countries. For export business of Non Basmati, AKG Exim has established relationships with the processors of foodgrains, and supplies the same to processors, wholesalers, food companies, etc. and ensures for them regular and assured supplies to match their requirements.

Object of the Issue:

The objects of the Issue are to:

 

  • Working Capital Requirement
  • General Corporate Purpose
  • Issue Expenses

 

Financial Highlights :

AKG Exim’s financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 8M FY2018
Total revenue 108.26 70.45 74.82 98.59 105.55 81.98
Total expenses 105.97 68.55 72.95 96.14 103.10 81.34
Profit after tax 0.69 0.54 0.41 0.41 0.49 0.63

 

Company Promoters:

The Promoters of the Company are:

  1. Apple Overseas Pte Limited
  2. Rajeev Goel HUF

Contact Company Information:

AKG Exim Limited
408-411, Pearls Corporate, Sector – 3
Rohini, Behind Kali Mata Temple
Delhi 110085

Phone: +91 11 40015500
Email: info@akg-global.com
Website: www.akg-global.com

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Upcoming SME IPO_Rajshree Polypack Ltd IPO

 

Rajshree Polypack Ltd

Issue Analysis :

Issue opens Sept.10, 2018
Issue Closes Sept. 12, 2018
Issue Price Rs 121
Lot Size 1000
Issue Size 35.82 Cr
Lead Manager PL Capital Market Private Limited
Registrar Link Intime India Private Ltd.
Platform NSE

Company’s Snapshot :

Rajshree Polypack is one of the leaders in manufacturing of rigid plastic sheets and thermoformed packaging products. The company manufactures customized plastic thermoformed packaging products which are tailored to the client’s requirements. Its product portfolio ranges from yoghurt & ice cream containers, food packing, QSRs, coffee cups, bakery products and confectioneries, beverage cups & containers, generic bowls, punnets & trays for fruits and vegetable packing, lids etc. Rajshree Polypack also has a wide range of sizes and designs to meet the customers’ need.

The company has an annual capacity of over 10,000 MT and produces more than 100 products at its three manufacturing facilities which have been equipped with the state of the art machinery. In 2004-05, Rajshree Polypack was one of the early ones to introduce 6-colour printing in dry offset technology in the Indian market. In 2008-09, it introduced alternate decoration technology of shrink sleeving on cups and containers which has grown extensively since then.

Object of the Issue:

The objects of the Issue are to:

 

  • Setting up of Factory Unit IV at Daman
  • General Corporate Purpose
  • Issue Expenses

Financial Highlights :

Rajshree Polypack’s financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 39.01 65.06 95.66 96.43 112.50
Total expenses 39.27 63.96 83.48 82.65 99.41
Profit after tax -0.04 0.72 7.83 8.87 9.31

 

Company Promoters:

The Promoters of the Company are:

  1. Ramswaroop Radheshyam Thard
  2. Naresh Radheshyam Thard
  3. Sajjan N Rungta HUF

Contact Company Information:

Rajshree Polypack Limited
#212, 2nd Floor, Lodha Supremus
Road No. 22, Kishan Nagar
Wagle Estate, Thane (W) – 400604

 

Phone: +91 22 25818200
Email: cosec@rajshreepolypack.com
Website: www.rajshreepolypack.com

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Today’s M & A Deals_Sep 08, 2018

M & A Deals :

  • Zephyr Peacock set to mark first close of fourth SME-focussed private equity fund
  • Big-ticket venture capital deals boost tech startups this week
  • State-run rail infra engineering firm Ircon eyeing $620-mn valuation in IPO
  • Temasek, Ola founders buy stake in cab-hailing firm via secondary deals
  • Sensex, Nifty log worst week in more than two months
  • Should B2B marketplaces look beyond SMEs to stay in business?

Today’s M & A Deals_Sep 07, 2018

M & A Deals :

  • SBI Caps’ top investment banking exec resigns
  • Temasek commits $400 mn to National Investment and Infrastructure Fund
  • Aurobindo buying Novartis unit Sandoz’s businesses in biggest outbound pharma deal
  • Baring PE India finance head joins global investment firm
  • Aavishkaar-backed logistics firm Connect India gets funding from angel investors
  • Uber CEO Dara Khosrowshahi says on track to float IPO in 2019
  • Rupee breaches 72 to the dollar for first time
  • Uber on track for IPO next year, to retain self-driving tech unit, says CEO

Today’s M & A Deals_Sep 06, 2018

M & A Deals :

  • Brook field-backed InvIT set to buy Indian gas pipeline
  • CLSA hires two execs to strengthen M&A and debt capital market advisory
  • IFC to sell nearly one-third stake in Angel Broking via IPO
  • Centrum hires Edelweiss veteran to bolster institutional equities, i-banking biz
  • IFC sells bulk of its stake in decade-old pharma portfolio firm; peek at returns
  • Centrum Financial Services to acquire L&T Finance’s supply-chain lending biz
  • SEBI to review tighter norms on foreign funds
  • Beauty e-tailer Nykaa gets a new PE investor

Today’s M & A Deals_Sep 05, 2018

M & A Deals :

  • SAIF Partners strikes new investment in consumer sector
  • Singapore’s RB Investments bets on two Indian companies
  • Oman India Joint Investment Fund invests in Stanley Lifestyles
  • India finance ministry tries to calm investors as SEBI rule changes spook markets
  • Ebix buys Miles Software in latest India acquisition
  • Qatar Airways may seek stake in IndiGo; open to buying Air India’s core assets
  • PE-backed firms Milltec, Vectus get regulatory nod to float IPOs
  • Ambit Finvest acquires SME lending business of Finmax Credit
  • Sensex closes lower again as rupee’s slide continues
  • Amazon gets leg-up over local e-commerce rivals by launching Hindi app
  • Budget eyewear e-tailer Clear Dekho gets fresh funding