Clara Industries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Clara Industries
- Important Details – Clara Industries
- Objects of the Issue
- Clara Industries Limited Financials:
- Clara Industries IPO Price – Details
- Clara Industries Ltd IPO DRHP & RHP
- Clara Industries Ltd IPO Lot Size
- Clara Industries IPO Lead Managers
- Clara Industries IPO Registrar
- Clara Industries IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Clara Industries IPO – FAQS
About Clara Industries
Clara Industries is engaged in business of providing flexible plastic packaging solutions to the clients, Clara serve varied sectors spanning FMCG, Consumer Product, Hardware Tools, Hospitality, Housekeeping, Pharmaceuticals, Clothing & Hosiery, Edible Oil, Salt and Sugar.
The company is known in the industry for manufacturing and supplying of high-end multilayer Plastic bags and multilayer Plastic rolls in India. The 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, the 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.
The company also manufacture standing pouches, side gazette pouches, Press & lock pouches and other pouches as per customer’s requirement. The 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.
The company regularly conduct batch wise tests on all the products for examining their strength, quality aspects etc. The machines are capable of manufacturing multiple products at one point of time, the business is not seasonal in nature but demand for some items such as Plastic bangles and peanuts packaging are seasonal.
The company 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, the promoters has been in the industry for more than decade, by using his experience the company do assemble plastic packaging machines for client. This is an additional business that the company runs.
The product range includes;
a.Packaging Films.
b.Flexible Packaging.
c.Horticulture Bags.
d.HDPE Bottles.
e.Plastic Matts.
f. rinted and non-printed Plastic Sheets.
g.Plastic Bangles
Important Details – Clara Industries
| Date | Details |
|---|---|
| September 02, 2021 | The company was originally incorporated as a public limited company as “Clara Industries Limited” |
| October 29, 2021 | The company acquired the entire running business on a going concern basis with the Assets and Liabilities of M/s Clara Petrochemicals, sole proprietorship concern of the Promoter, Ms. Parry Kukreja vide Business Transfer Agreement |
Objects of the Issue
- To Meet Working Capital Requirements
- General Corporate Purposes
Clara Industries Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) |
| November 18, 2021 | |
| Total Assets | 467.32 |
| Total income | 62.74 |
| Total Expenses | 22.07 |
| Profit After Tax | 30.48 |
Clara Industries IPO Price – Details
| Description | CLARA IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 7,02,000 equity shares of ₹ 10 (aggregating up to ₹ 301.86 lakhs) |
| Issue Open Date | 16-Dec-21 |
| Issue Close Date | 21-Dec-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 43 |
| Face Value | ₹ 10 |
| Market Lot | 3000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 3000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | CLARA |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Clara Industries Ltd IPO DRHP & RHP
Clara Industries Ltd IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,29,000 |
| Maximum | 1 | 3000 | ₹ 1,29,000 |
Clara Industries IPO Lead Managers
- Gretex Corporate Services Pvt Ltd
Clara Industries IPO Registrar
Clara Industries IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 16-Dec-21 |
| Bid / Offer Closes on | 21-Dec-21 |
| Finalisation of Basis of Allotment | 24-Dec-21 |
| Initiation of refunds | 27-Dec-21 |
| Credit of the Equity Shares | 28-Dec-21 |
| Listing Date | 29-Dec-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | Total Income (₹ in million) | NAV (₹ per share) |
| Clara Industries Limited | 10 | 9.11 | 62.74 | 74.21 |
| Uflex Limited | 10 | 31.91 | 4,635.07 | 94.21 |
Company Registered Office
127/1 Gram Simbhalka Junardar Paragna,
Tehsil and District Saharanpur- 247001,
Uttar Pradesh, India
Website: www.clara.co.in
Company Promoters
- Ms. Parry Kukreja
- Mr. Nikhil Kukreja
Clara Industries IPO – FAQS
What is the Clara Industries IPO Price?
The Clara Industries IPO price band is 43 per share
When Clara Industries IPO will open?
The Clara Industries IPO opens on Dec 16, 2021 and closes on Dec 21, 2021
What is the lot size of Clara Industries IPO?
The Clara Industries IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares
Who is the Registrar for Clara Industries IPO?
The Registrar for Clara Industries IPO is Bigshare Services Private Limited
How to apply in Clara Industries IPO through UPI?
Check the step by step process here – Click here
How to apply in Clara Industries IPO through Zerodha?
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