Kahan Packaging IPO GMP, Lot Size, Price, Allotment Date

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By Bhargab Kaushik

On September 6, 2023, the Kahan Packaging Initial Public Offering (IPO) officially began and ended on September 8, 2023. Shares were distributed on September 13, 2023, and refunds began on September 14, 2023. The shares were credited to the investors’ demat accounts on September 15, 2023. On September 18, 2023, Kahan Packaging was formally listed on the stock market. The price for the Kahan Packaging IPO was 80 with a lot size of 1600 shares, and 5.76 crores total, of which 5.76 crores were new issues, were offered.

Kahan Packaging IPO GMP, Lot Size, Price, Allotment Date

 Kahan Packaging IPO GMP

With a focus on providing bulk packaging solutions to B2B producers in a range of industries, including agro-pesticides, cement, chemicals, fertilizers, and food items, Kahan Packaging Limited was founded in 2016. Both the retail quota and the other quota have reservations for 50% of the shares in terms of quota allocation.

Company NameKahan Packaging Limited
Domain of CompanyBulk Packaging Solutions
Kahan Packaging IPO GMP Today₹75
Kahan Packaging IPO Listing Gain93.75%
Open DateSeptember 6, 2023
Close DateSeptember 8, 2023
IPO Allotment DateSeptember 13, 2023
IPO Listing DateSeptember 18, 2023
Face Value₹10 per share
Price₹80 per share
Lot Size1600 Shares

Just a few of the packaging products made by Kahan Packaging include PP and HDPE woven fabric laminates, woven sacks, un-laminated woven fabric, PP woven bags, bags with liners, and printed laminates for flexible packaging. They offer these things in a range of weights, sizes, and colors that are all made to meet the particular requirements of their customers. 

What is Kahan Packaging IPO GMP?

The price at which an initial public offering (IPO) is traded on an unofficial/illegal grey market before it is listed is known as the grey market premium (GMP). The GMP depicts possible outcomes for a company’s initial public offering on the day of listing. When the GMP premium is positive, the IPO is expected to be profitable; nevertheless, when it is negative, the IPO is likely to be sold at a discount.

It is not advisable to make an investing decision just based on Kahan Packaging SME IPO GMP because of how volatile it is. Therefore, carefully consider all the pertinent data before making an investment and determine whether to support the Kahan Packaging SME IPO or not.

How to check Kahan Packaging IPO Allotment Status?

  • Visit the registrar’s or stock exchange’s official website at www.kpackltd.com to learn more.
  • Access the website’s IPO allotment area.
  • Enter the necessary information, such as your PAN card number or application number.
  • Send the data in to verify the status of your IPO allotment.
  • Whether or whether you have received shares in the Kahan Packaging IPO allotment will be shown on the website.

Expected Returns for Kahan Packaging IPO

With the most recent Grey Market Premium (GMP) for the Kahan Packaging IPO standing at 75, or 94% of the IPO price, investors are anticipating potentially substantial returns. If this premium persists when the shares are officially listed, investors who buy IPO shares at this premium price could benefit considerably. It’s important to remember that listing prices could change and that GMP is not a recognized indication.

Kahan Packaging Limited Company Product

  • PP Woven Fabric
  • PP Woven Bag
  • Scrap
  • Others

Kahan Packaging Limited IPO Competitive Strength

  • Wide Range of Products
  • In-house Manufacturing capabilities
  • Strong relationships with customers and suppliers
  • seasoned leadership team with deep domain knowledge and a proven track record of accomplishments in the business

The objective of IPO Issue

  • To meet working capital requirements
  • General Corporate Purpose

Kahan Packaging IPO Reservation 

The IPO’s allotment is typically based on the subscription received from different categories of investors during the IPO subscription period.

Kahan Packaging Limited IPO Review

Every single one of these goods is produced in-house by the company at its Asangaon, Maharashtra, production plant. 2,600 metric tons of woven textiles can be produced annually at Factory I. Kahan Packaging has expanded its operations by establishing a new production facility that is outfitted with a Multi-Color Roto-Gravure Printing Machine that can print up to eight colors. 

This enables them to work with flexible packaging and print on a variety of materials, including paper, polyester, nylon, BOPP, foil, low and high density polyethylene, and polypropylene. Additionally, they offer high-speed hot air dryers and two-sided printing with an annual manufacturing capacity of 500 metric tons.

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