Clara Industries IPO Details
Clara Industries Limited provides flexible plastic packaging solutions. Known for manufacturing and supplying multilayer plastic bags and multilayer plastic rolls. Clara Industries deals with various sectors like FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Edible Oil, Salt, and Sugar industry.
The company’s production includes Packaging Films, Flexible Packaging, Horticulture Bags, HDPE Bottles, Plastic Sheets, and Plastic Bangles.
The company has its clients in different states of India like Rajasthan, Bihar, Uttarakhand, Himachal Pradesh, and Punjab. The company has a manufacturing unit located at Saharanpur, Uttar Pradesh, with a total area of approximately 14,714 sq. ft.
Company Promoters
Ms. Parry Kukreja and Mr. Nikhil Kukreja.
Finacial Information
| Particular’s | Period (₹ in millions) |
| 18-Nov-21 | |
| Total Assets | 46.73 |
| Total Revenue | 6.27 |
| Profit After Tax | 3.04 |
Objectives of the IPO
- To meet working capital requirements
- General corporate usages.
Clara Industries IPO Timeline
The Clara Industries IPO opens on16th Dec 2021 and will close on 21st Dec 2021. The issue may list on 29th December 2021.
| IPO Open Date | Dec 16, 2021 |
| IPO Close Date | Dec 21, 2021 |
| Basis of Allotment Date | Dec 24, 2021 |
| Initiation of Refunds | Dec 27, 2021 |
| Shares to Demat Acc | Dec 28, 2021 |
| IPO Listing Date | Dec 29, 2021 |
Clara Industries IPO Details
| IPO Opening Date | 16-12-2021 |
| IPO Closing Date | 21-12-2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹43 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | 702,000 Equity Shares of ₹10 (aggregating up to ₹3.02 Cr) |
| Fresh Issue | 702,000 Equity Shares of ₹10 (aggregating up to ₹3.02 Cr) |
Clara Industries IPO Lot Size
The IPOs market lot size is 3000 shares. A retail-individual investor can apply 1 lot 0r 3000 shares amounting to ₹129,000
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 3000 | ₹129,000 |
| Maximum | 1 | 3000 | ₹129,000 |
Clara Industries IPO Review
Looking at its performance and yearly dats, the IPO is placed on the higher side. The valuations will take time to meet the expectations. Avoiding it can be a wiser decision.
Clara Industries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Clara Industries IPO Prospectus
https://www.sebi.gov.in/filings/public-issues/dec-2021/clara-industries-limited-submitted-sme-ipo_54621.html
https://www.bseindia.com/corporates/download/325096/Draft%20Prospectus_Clara_20211201133557.pdf
Company Contact Information
Clara Industries Limited
127/1 Gram Simbhalka Junardar Paragna,
District Saharanpur- 247001,
Uttar Pradesh, India
Phone : +91- 81718 84399
Email : info@clara.co.in
Website : http://clara.co.in/