Kshitij Polyline Ltd SME IPO

Incorporated in 2008, Mumbai based Kshitij Polyline Limited is a company engaged in the business of manufacturing, marketing, and sourcing of Plastic Sheet, Lamination Sheet, Folders, I-cards, and files. The products have wide application in printing and stationery.
Since its incorporation, the company has developed and launched over 125 products range in File, Folder & Diary under its brands 'Classik', 'LC' and 'Kshitij' in the Indian Market.


Company Promoters:
The promoters of the company are Bharat Hemraj Gala, Hemraj Bhimshi Gala, and Rita Bharat Gala.

Issue Details

Kshitij Polyline Ltd - SME IPO
 Issue Open  21 Sept - 27 Sept, 2018
 Issue Price  Rs 35 per Equity Share 
 Market Lot  4000 Shares 
 Issue Size  2,500,000 Equity Shares of Rs 10, up to Rs 8.75 Cr 
 Face Value  Rs 10 per Equity Share 
 Listing At  NSE SME


 Objectives

 

 1. To purchase of Machinery and Equipment to manufacture the Laminated sheet, Wiro and PP Sheet suitable for   stationery and office products;

 2. Working Capital Requirement;

 3. General Corporate Purpose; and

 4. Issue Expenses

Company Financials

 Particulars  For the year/period ended (in lakh rupees) 
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15
 Total Assets  2477 1719 1483 1422
 Total Revenue  2743 1701 1557 1239
 Profit After Tax  106 28 20 16

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