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Open
9 May 2012
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Close
15 May 2012
3
Allotment
—
4
Listing
[.]
Price Band
₹81 to ₹84
Issue Size
92,55,290 shares (agg. up to ₹78 Cr)
Lot Size
75 Shares
Listing Date
[.]
✦ AI Insight
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| RDB Rasayans Ltd. | Mainboard | ₹35.55 Cr | ₹79 | null | ₹26.50 | -66.46% | ₹163.20 (-0.73%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of manufacturing facilities and purchase of plant and machinery for manufacturing of new product, block bottom valve bags at Nani Chira | 49.35 |
| 2 | Expansion of manufacturing facilities at Rajpur | 28.07 |
| 3 | General Corporate purposes | |
| 4 | Public Issue Expenses |
About Plastene India IPO
Incorporated in 1998, Plastene India Limited is Gujrat based plastics packaging manufacturer. Company is part of Champalal group based in Gandhidham.Plastene manufactures a variety of transport and storage containers (Jumbo bags/FIBCs) for both dry and liquid (bulk) goods, woven sack product (used in Chemicals, fertilizers, cement, urea, minerals, resin, polymers and rubber industry), variety of laminates (solvent less / solvent based) structures for food and non-food applications and wide range of high tenacity Polypropylene Multifilament yarn – dope dyed.Plastene has four manufacturing facilities in India located at Gandhidham, Rajpur and Rakanpur in Gujrat. Plastene exports to around 30 countries and derives close to 49% sales from international customers.+ Read More
Contact Details
Plastene India Ltd. AddressH.B. Jirawala House,13, Navbharat Society,UsmanpuraAhmedabad, Gujarat, 380013+91 79 2756 1000munmuncs@champalalgroup.comVisit Website