Rajshree Ploypack Limited IPO Review (Date, Price)

Rajshree Ploypack Limited is engaged in the business of plastic packing products. It is Thane-based company. This company is one of the leaders in the manufacturing of rigid plastic sheets and thermoformed packing products. The article is about Rajshree Ploypack Limited IPO Review.

About Rajshree Ploypack Limited IPO Review Issue Details :

  • IPO Opens on – September 10, 2018.
  • IPO Closes on – September 12, 2018.
  • Issue Price – Rs. 119 – Rs. 121 Per Equity Share.
  • Face Value – Rs.10 per Equity Share.
  • Min Order Quantity – 1000 Shares.
  • Market Lot – 1000 Shares.
  • Issue Type – Book Built Issue IPO.
  • Issue Size – 2,960,000 Equity Shares of Rs 10 aggregating up to Rs 35.82 Cr.
  • Listing Exchange At – NSE SME Exchange.
  • Draft Prospectus – Click Here.

Objectives of the Rajshree Ploypack Limited IPO Review issue of The Company :

  • The main object of the issue is setting up of factory unit IV at Daman.
  • General corporate purpose.

About The Company –

  • Rajshree Ploypack Limited is incorporated in 2003.
  • This company build their strengths in the field of rigid and semi-rigid plastic sheets and plastic packaging products.
  • Rajshree Ploypack Limited manufacture customized thermoformed packaging products which are tailored to the client’s requirements.
  • This company’s products range from yoghurt and ice cream containers, food packing, QSRs, coffee cups, bakery products and confectioneries, beverage cups and containers, generic bowls, punnets and trays for fruits and vegetable packing, lids etc.
  • Rajshree Ploypack Limited have a wide range of sizes and designs to meet the customers’ need.
  • This company has 418 employees on its payroll.
  • Rajshree Ploypack Limited incessant commitment to design and development continues to add new products to our existing product-line.

Products Under of Plastic Rigid Sheets :

  • High Impact Polystyrene (HIPS) : This is a versatile, economical and impact-resistant plastic. It is easy to machine and fabricate. HIPS is often specified for low strength structural applications.
  • Features of HIPS : 

  1. Thermoforming/ Vacuum Forming.
  2. Packaging.
  3. Pharma.
  4. Dairy.
  5. Stationary.
  • Advantage of HIPS : 

  1. Extra transparency.
  2. Better rigidity at lower wall thickness.
  3. Better flexibility and high puncture resistance.
  4. Higher mechanical strength.
  • Polyethylene Terephthalate (PET) : This is the thermoplastic material. PET is demand in the thermoforming synthetic packaging market.
  • Features of PET :

  1. Thermoforming.
  2. Food packaging.
  3. Pharmaceutical packaging.
  4. Box Making.
  5. Thermoforming Laminated sheet for FFS.
  6. Electronics etc.
  • Advantage of PET :

  1. Extra transparency.
  2. Higher mechanical strength.
  3. Better rigidity at lower wall thickness.
  4. Better flexibility.
  5. High puncture resistance.
  • Polypropylene (PP) : It has established itself as the most important packaging material next to polystyrene. This is classified into three main type of Polypropylene.
  • Features of PP :

  1. Thermoforming.
  2. Food packaging.
  3. Pharmaceutical packaging.
  4. Box Making.
  5. Stationary.
  • Advantage of PP :

  1. Extra transparency.
  2. Higher mechanical strength.
  3. High puncture resistance.
  4. Better flexibility.
  5. Better rigidity at lower wall thickness.

Rajshree Ploypack Limited

Products Under of Thermoformed :

  • Dairy Cups and Cups for Ice Cream :

  1. Dairy products are something that is required by the people of all age and cadre in every season in one form or the other.
  2. With various brands in the market packaging plays a vital role in giving the distinctive look and preserving the flavors and hygiene.
  3. This company provide packaging products in various shapes and sizes along with lids for dairy industry.
  4. Various product ranges for Dairy Cups that they cater are Curd, yogurt and cheese packs.
  5. Leading manufacturer of Dairy Cups, Curd Cups, Yogurt Plastic Cups, Disposable Dairy Cups.
  • Cups For Packing of Juices, Beverages and Water :

  1. This form of packaging is the most economical and efficient format for large scale production to cater to the masses.
  2. Excellent shelf visibility with various decorations options – Printing / Labeling / Sleeving. It can be equally adapted to low cost and high end filling lines.
  3. This company can offer Polypropylene (PP)cups which are suitable for hot fill applications.
  • Rectangular Meal Trays :

  1. This company offer a wide range of Food Trays these products are available in several grades as per the customer’ requirement.
  2. These products have superior quality and excellent composition which are much durable, reliable and suitable for every customer’s pocket.
  3. They are manufacturing P.P. Thermoformed meal trays.
  • Trays for Sweets and Confectioneries :

  1. This company are recognized as one of the principal manufacturer and supplier of superior quality Trays for Sweets and Confectioneries for their customers.
  2. With the help of our experienced professionals and well-equipped manufacturing unit.
  • Daily Containers :

  1. This company’s Daily Containers line has to be one of our most successful designs when it comes to this.
  2. Transparent Plastic Daily Containers is used for keeping different food items for selling or storing.
  3. The entire range of containers is manufactured from the quality plastic as per the market norms.
  • Rectangular Hinged Containers :

  1. This company’s Rectangular Hinged Containers line has to be one of their most successful designs.
  2. Transparent Plastic Rectangular Hinged Containers is used for keeping different food items for selling or storing.
  3. The entire range of containers is manufactured from the quality plastic as per the market norms.
  • Clear Cups – PET and PP :

  1. This is mainly use to holding cold drinks.
  2. This products are perfect for parfaits, salad shakers along with cut vegetables, fruit and so much more.
  • Plates and Bowls :

  1. This companyalso provide trays, plates, bowls along with lids, round and rectangle containers, cups for hot and cold beverages.
  2. This products designs are available in various colours which spread more warmth and add life to your party.
  • Barrier PP Products :

  1. The Thermoformed rigid plastic container industry is growing each year.
  2. It Already covers a wide range of applications, from single-serve cups to multi use containers.
  3. It is highly driven by light-weighting, sustainability and product differentiation.

Rajshree Ploypack LtdRajshree Ploypack pvt Ltd

Location :

#503-504, Lodha Supremus, Building No.1, 5th Floor, Road No. 22, for Registered Address.

#212, Lodha Supremus, Building No.1, 2nd Floor, Road No. 22, for Corporate Address.

Join Our Team For Rocket Calls

Near of New Passport Office, Wagle Estate.
Thane (W) – 400 604, India.

The promoters of rajshree ploypack Limited :

  • Ramswaroop Radheshyam Thard, aged 44 years is a Promoter, Chairman and Managing Director of this company.
  • Naresh Radheshyam Thard, aged 42 years is a Promoter and Joint Managing Director of this company.
  • Sajjan N. Rungta HUF is an other Promoter of this company.

The Board of Directors of the company :

  • Ramswaroop Radheshyam Thard, aged 44 years, is Promoter, Chairman and Managing Director of this company.
  • Naresh Radheshyam Thard, aged 42 years, is the Promoter and Joint Managing Director of this company.
  • Sajjankumar Nanikram Rungta, aged 64 years, is the non-executive Director of this company.
  • Praveen Bhatia, aged 57 years, is a non-executive, nominee Director of this company.
  • Alain Edmond Berset, aged 44 years, is a non-executive, nominee Director of this company.
  • Prabuddha Das Gupta, aged 64 years, is a non-executive Independent Director of this company.
  • Rajesh Satyanarayan Murarka, aged 45 years, is a non-executive Independent Director of this company.
  • Meenakshi Ahuja, aged 52 years, is a Non-executive Independent Director of this company.

Company Financials :

Rajshree Ploypack Limited IPO

Rajshree Ploypack Limited IPO Review :

In the above financial statement, there is the previous 5 FY data. It shows that the profit increase and decrease in an abrupt way, FY 16 is quite low in comparison to the FY 15. Last two FY 18 FY 17 carries an overall good track record. Now, move on to the prospectus of the particular company. The company prospectus refers to DRHP (draft red herring prospectus). From the prospectus, we are able to see all the fundamental details of the company. According to the FY17, Earnings Per Share (EPS) basic and diluted stands at 11.01. Price to earnings ratio or P/E ratio is not shown in the prospectus. RoNW or return on net worth is at 22.28 as per the last FY17.NAV/Share stands at 49.41 in the FY 17. Therefore, based on the above data, Rajshree Ploypack Limited IPO Review carries a NEUTRAL view. Investors can apply for the IPO from a long-term perspective.

Ankita has done her Diploma Engineering in Computer Science & Technology. She is pursuing her degree in Engineering and also well experienced in the equity market and real estate related content writing. She is the one who has developed the technical indicators section of our site.



Categories: IPO Review

Tags: , , ,

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Do you want at least RS. 5000 PROFITS EVERYDAY?YES, I WANT
+