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Antala Industries Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Antala Industries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹66
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,32,000
Issue Size
₹22.98 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
83.48%
QIB Quota
1.09%
NII Quota
15.43%
IPO Timeline
Important dates for your applying strategy.
IPO Opens29 Oct
IPO Closes5 Nov
Basis of Allotment6 Nov
Refund Initiation9 Nov
Shares Credited9 Nov
Antala Industries Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
72.92%
Promoter Holding (Post-Issue)
52.03%
Issue Type
Book Building - SME
ISIN
INE15Z101013
About the Company
Antala Industries Limited is engaged in the business of manufacturing, processing, printing, laminating and supplying a comprehensive range of industrial and commercial packaging products. The Company specializes in the manufacture of BOPP bags, BOPP Printing Roll, BOPP lamination Roll, PP woven bags, PP Woven Fabrics Roll.
Company History
Our Company was originally formed as a partnership firm under the name `Octagon Industries' ("Partnership Firm") pursuant to a deed of partnership dated April 30, 2021, under the Indian Partnership Act, 1932 ("Partnership Act"). The partnership firm was thereafter converted from `M/s Octagon Industries' into Public Limited Company under Section 366 Part I of Chapter XXI of the Companies Act, 2013, as `Antala Industries Limited' under the erstwhile Companies Act, 2013, pursuant to a certificate of incorporation dated August 05, 2024, issued by the Registrar of Companies, Central Registration Centre.
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Standalone figures
Revenue
Amount in ₹ crore
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of 34,82,000 equity shares of face value of Rs. 10 each (the "Equity Shares") of Antala Industries Limited ("The Company" or "The Issuer") for cash at an issue price of Rs. 66 per equity share (including a securities premium of Rs. 56 per equity share) ("Issue Price") aggregating to Rs. 22.98 Crores (the "Issue") of which 1,76,000 equity shares of face value Rs. 10 each aggregating to Rs. 1.16 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 33,06,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 66 per equity share aggregating Rs. 21.82 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.64% and 27.19% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 66/- per equity share of face value of Rs. 10/- each. The floor price is 6.60 times of the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Niche Market Focus with Quality and Timely Delivery.
- Quality Assurance Standards.
- Experienced Promoters.
Frequently Asked Questions
01What is the minimum investment required to apply for this IPO?
The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02How is IPO allotment decided?
IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.