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Open
17 Jan 2006
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Close
21 Jan 2006
3
Allotment
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Listing
Thu, Feb 16, 2006
Price Band
₹30 per share
Issue Size
83,33,340 shares (agg. up to ₹25 Cr)
Listing Date
Thu, Feb 16, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.49x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 38.70 | 36.75 | 29.99 | 27.96 |
| Total Income | 31.12 | 50.55 | 47.50 | 38.65 |
| Profit After Tax | 0.84 | 1.09 | 0.53 | 0.60 |
| NET Worth | 9.62 | 8.91 | 8.40 | 7.82 |
| Reserves and Surplus | 1.66 | 6.89 | 6.37 | 5.80 |
| Total Borrowing | 15.22 | 15.43 | 11.54 | 11.18 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Yash Papers Ltd. | Mainboard | ₹23.52 Cr | ₹14 | null | ₹16.20 | +15.71% | ₹70.05 (-1.18%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Kraft Paper unit | 12.00 |
| 2 | Co-Generation Plant (2MW) | 7.00 |
| 3 | Additional Working Capital Requirement | 2.50 |
| 4 | Repayment of high cost Term Loans | 4.00 |
| 5 | Issue Expenses | 1.05 |
| Total | 26.55 |
About Sree Sakthi Paper Mills IPO
Sree Sakthi Paper Mills Limited is a well-established manufacturer of Kraft Paper and Duplex Board, with its operations based in Ernakulam, Kerala. Since its inception, the company has built a strong operational foundation supported by robust infrastructure and utilities, employing a workforce of over 600 personnel across its facilities. Incorporated in 1991, the company began with a modest production capacity of 15 tonnes per day of Kraft paper. Over the years, it has steadily expanded its capabilities and now operates two manufacturing units in Cochin, with a combined production capacity of 140 tonnes per day for both Kraft Paper and Duplex Board. The company has earned a strong reputation in the market, reflected in its long-standing relationships with prominent clients such as Hindustan Lever Ltd., Britannia Industries Ltd., Hindustan Newsprint Ltd., Tamil Nadu Newsprint and Papers Ltd., Murudeshwar Ceramics Ltd., Marico Industries Ltd., McDowell, and Godrej. It also maintains solid credibility with leading financial institutions, having secured credit facilities from banks including State Bank of India, Federal Bank, Syndicate Bank, KSIDC, and HDFC Bank. With an installed annu
Contact Details
Sree Sakthi Paper Mills Ltd. Address57/2993/94, “ SREE KAILAS”, Paliam RoadErnakulamKochi, Kerala, 68201604842373230sreesakthi@eth.netVisit Website