Kahan Packaging IPO GMP, Lot Size, Price, Allotment Date

The Kahan Packaging Initial Public Offering (IPO) began on September 6, 2023, and ended on September 8, 2023. On September 13, 2023, shares had been allotted, and on September 14, 2023, refunds began to be made. On September 15, 2023, the buyers’ demat accounts obtained credit score for the shares. Kahan Packaging was lastly listed on the inventory market on September 18, 2023. With so much measurement of 1600 shares, the worth for the Kahan Packaging IPO was 80. 5.76 crores had been issued in whole, of which 5.76 crores had been new issuance. 

Kahan Packaging IPO GMP

Kahan Packaging Limited was established in 2016 with a concentrate on providing bulk packaging options to B2B producers in quite a lot of sectors, equivalent to agro-pesticides, cement, chemical compounds, fertilizers, and meals merchandise. In phrases of quota reservations, the retail quota and the opposite quota each had reservations for 50% of the shares.

Company Name Kahan Packaging Limited
Domain of Company Bulk Packaging Solutions
Kahan Packaging IPO GMP Today ₹75
Kahan Packaging IPO Listing Gain 93.75%
Open Date September 6, 2023
Close Date September 8, 2023
IPO Allotment Date September 13, 2023
IPO Listing Date September 18, 2023
Face Value ₹10 per share
Price ₹80 per share
Lot Size 1600 Shares

PP and HDPE woven material laminates, woven sacks, un-laminated woven material, PP woven luggage, luggage with liners, and printed laminates for versatile packaging are just some of the packaging items produced by Kahan Packaging. They present this stuff in quite a lot of weights, sizes, and colours, all of that are made to match the person wants of their shoppers. 

What is Kahan Packaging IPO GMP?

The Grey market premium (GMP) is the worth at which an preliminary public providing (IPO) is bought on an unauthorized/unlawful gray market earlier than it’s listed. The GMP illustrates potential outcomes for an preliminary public providing from a specific firm on the day of itemizing. The IPO is anticipated to be profitable whereas the GMP premium is constructive, however when it’s damaging, the IPO is more likely to be bought at a reduction.

Kahan Packaging IPO GMP

Being conscious that IPO GMP may be very unstable makes it unwise to base an funding selection completely on Kahan Packaging SME IPO GMP. Therefore, earlier than investing, fastidiously weigh all of the related data and resolve whether or not to assist the Kahan Packaging SME IPO or not.

How to verify Kahan Packaging IPO Allotment Status?

  • Visit the official web site www.kpackltd.com of the registrar or the inventory trade the place the IPO was listed.
  • Navigate to the IPO allotment part on the web site.
  • Enter the required particulars, equivalent to your utility quantity or PAN card quantity.
  • Submit the knowledge to verify your IPO allotment standing.
  • The web site will show whether or not you’ve gotten been allotted shares within the Kahan Packaging IPO or not.

Expected Returns for Kahan Packaging IPO

Investors are doubtlessly profitable earnings with the latest Grey Market Premium (GMP) for the Kahan Packaging IPO standing at 75, which is 94% of the IPO worth. Investors who buy IPO shares at this premium worth might revenue considerably if this premium stays when the shares are formally listed. It’s essential to remember that GMP just isn’t a acknowledged indication and that itemizing costs may fluctuate.

Kahan Packaging Limited Company Product

  • PP Woven Fabric
  • PP Woven Bag
  • Scrap
  • Others

Kahan Packaging Limited IPO Competitive Strength

  • Wide Range of Products
  • In-house Manufacturing capabilities
  • Strong relationships with clients and suppliers
  • seasoned management staff with deep area data and a confirmed monitor report of accomplishments within the enterprise

The goal of IPO Issue

  • To meet working capital necessities
  • General Corporate Purpose

Kahan Packaging IPO Reservation 

The IPO’s allotment is usually based mostly on the subscription obtained from completely different classes of buyers throughout the IPO subscription interval.

  • Other Shares Offered 50% of the Net Issue
  • Retail Shares Offered 50% of the Net Issue

Kahan Packaging Limited IPO Review

At its manufacturing facility in Asangaon, Maharashtra, the agency manufactures each one in every of these merchandise itself. The annual output capability of woven textiles at Factory I is 2,600 metric tons. A brand new manufacturing facility that’s outfitted with a Multi-Color Roto-Gravure Printing Machine that may print as much as eight colours has additionally been established by Kahan Packaging as a part of an enlargement of its actions. 

Due to this, they’re able to deal with versatile packaging and print on supplies together with paper, polyester, nylon, BOPP, foil, low and high-density polyethylene, and polypropylene. Additionally, they supply two-sided printing with 500 metric tons of annual manufacturing capability and high-speed scorching air dryers.

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