Clara Industries IPO Details

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/

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