HomeIPO SMEClara Industries IPO Details

Clara Industries IPO Details

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Clara Industries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

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.

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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

DateDetails
September 02, 2021The company was originally incorporated as a public limited company as “Clara Industries Limited”
October 29, 2021The 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

DescriptionCLARA IPO Details
Public IssueInitial Public Issue of upto 7,02,000 equity shares of ₹ 10 (aggregating up to ₹ 301.86 lakhs) 
Issue Open  Date16-Dec-21
Issue Close Date21-Dec-21
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolCLARA
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Clara Industries Ltd IPO DRHP & RHP

Clara Industries Ltd IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum13000₹ 1,29,000
Maximum13000₹ 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

DetailsDate
Bid / Offer Opens on16-Dec-21
Bid / Offer Closes on21-Dec-21
Finalisation of Basis of Allotment24-Dec-21
Initiation of refunds 27-Dec-21
Credit of the Equity Shares28-Dec-21
Listing Date29-Dec-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value EPS (Basic)
(₹)
Total Income
(₹ in
million)
NAV
(₹ per share)
Clara Industries Limited 109.1162.7474.21
Uflex Limited1031.914,635.0794.21

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?

Check the step by step process here – Click here

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