
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
Overall Subscription
730.51x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 360,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 340,000 | — | 0.00x |
| Retail Individual (RII) | 340,000 | — | 0.00x |
| Total | 1,040,000 | 0 | 730.51x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 158 | 115,421 | 730.51x |
| HNIs (10L +) | 1 | 731 | 731.00x |
| HNIs (2-10L) | 5 | 3,653 | 730.60x |
| Total Applications | 164 | 119,805 | 730.52x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Kahan Packaging Limited IPO is ₹72 per equity share. Based on the upper price band of ₹80 to ₹80 per equity share, the estimated listing price is ₹152 (+90.0% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹72, the expected profit per application lot is approx ₹1,15,200 (+90.0% gain). Minimum application cost is approx ₹1,28,000.
The Kahan Packaging Limited IPO aggregate issue size is ₹5.76 Crores with an equity price band set at ₹80 to ₹80 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,28,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 730.51x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2023-09-13. Investors can verify status using PAN card or application number.
Kahan Packaging Limited shares are scheduled to list on BSE on 2023-09-18.