
Packaging & Materials · BSE
Kahan Packaging Limited, incorporated in 2016, provides bulk packaging solutions to B2B manufacturers across industries such as agro-pesticides, cement, chemicals, fertilizers, and food products. The company manufactures a variety of packaging products, including PP/HDPE woven fabric laminated and unlaminated sacks, PP woven bags with or without liners, and printed laminates for flexible packaging, customized in weight, size, and color. All products are manufactured in-house at its Asangaon, Maharashtra facilities, with Factory-I producing 2,600 MT p.a. of woven fabrics and a new unit with a multicolor roto-gravure printing machine producing 500 MT p.a. Kahan Packaging recorded revenues of Rs. 1,352.58 Lacs and Rs. 1,587.95 Lacs for the periods ending December 31, 2022, and March 31, 2022, respectively.
Price Band
₹80
Issue Size
₹5.76 Cr
Lot Size
1600 shares
GMP
+90.0%
Est. Listing
₹152
at current GMP
Subscribed
730.51x
overall
Open
6 Sep 2023
Close
8 Sep 2023
Allotment
13 Sep 2023
Refund
14 Sep 2023
Demat Credit
15 Sep 2023
Listing
18 Sep 2023
Designated Registrar: Purva Sharegistry India Private Limited
Allotment Date
13 Sep 2023
Basis finalization
Refunds Initiate
14 Sep 2023
Mandate release
Demat Credit
15 Sep 2023
Shares in demat
Listing Debut
18 Sep 2023
Trading begins
Kahan Packaging Limited is bringing an initial public offering (IPO) in the Packaging & Materials sector with an aggregate issue size of ₹5.76 Crores. The shares are offered at a price band of ₹80 to ₹80 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,28,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-15, while un-allotted funds or UPI block mandates will be released on 2023-09-14.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.