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Issue Open Date
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16-Dec-21
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Issue Closing Date
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21-Dec-21
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Application Money
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100
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Allotment Money
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Price Band
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43
-
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Minimium Application No.
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3000
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Issue Size (Shares)
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702000
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Market Lot
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1
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Objective
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a) To Meet Working Capital Requirementsb) General Corporate Purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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504000
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Qualified Institutional Buyers
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Retail Individual Investors
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516000
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Business Description
We are engaged in business of providing flexible plastic packaging solutions to our clients, we serve varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt and Sugar. Our Company is known in the industry for manufacturing and supplying of high-end multilayer Plastic bags and multilayer Plastic rolls in India. Our Promoters initially started business of flexible packaging way back in the year 2014 in the name of M/s Clara Petrochemicals, a sole proprietorship firm. In flexible packaging, we manufacture printed films with surface printing as well as reverse printing, films between 51 micron and above as mandate by government laws and also laminates in two-, three- and four-layer structure. We also manufacture standing pouches, side gazette pouches, Press & lock pouches and other pouches as per customer’s requirement. Our Company has installed various testing equipment by virtue of which it will develop new packaging solutions at cheaper cost without affecting quality of the products. We regularly conduct batch wise tests on all our products for examining their strength, quality aspects etc. Our machines are capable of manufacturing multiple products at one point of time Our Business is not seasonal in nature but demand for some items such as Plastic bangles and peanuts packaging are seasonal. We manufacture plastic bangles which sells mostly during the festive time like Diwali and Karva Chauth whereas demand for peanuts tend to increase during the period September to January. Moreover, our promoters has been in the industry for more than decade, by using his experience our company do assemble plastic packaging machines for client. This is an additional business that the company runs.
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Promoter's Holding
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Total Share Capital
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1778966
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Offered to Public
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702000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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71.7
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Address |
127/1 Gram Simbhalka
Junardar Paragna
Teshil And District
Saharanpur,
Uttar Pradesh,
247001
Phone : 08171884399
Email : info@clara.co.in
Website : www.clara.co.in
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
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BSE
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Lead Manager |
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Gretex Corporate Services Pvt Ltd.
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Promoters |
Nikhil Kukreja
Parry Kukreja
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