Essen Speciality IPO GMP, Review, Price, Allotment: Everything You Need to Know
Are you considering investing in the Essen Speciality IPO? In this article, we will provide you with a comprehensive overview of Essen Speciality Films, its IPO details, financial performance, valuations, and margins. By the end, you’ll have a clear understanding of the company and its potential as an investment opportunity.
Essen Speciality IPO GMP Today – Rs. 29- 40/-
Introduction
Investing in initial public offerings (IPOs) can be an exciting opportunity for investors. Essen Speciality IPO is generating significant interest due to the company’s strong presence in the specialized plastic products industry. In this article, we will delve into the details of Essen Speciality Films and explore the potential of its IPO.
Essen Speciality Films: A Brief Overview
Established in 2002, Essen Speciality Films is a prominent manufacturer and exporter of specialized plastic products. The company primarily caters to multinational modern trade retailers, including renowned names such as IKEA, Walmart, Kmart, Bed Bath & Beyond, and many others.
Product Portfolio
Essen Speciality Films offers a diverse range of products that can be classified into seven categories:
- Bath area
- Kitchen & dining
- Home décor
- Storage and organization
- Fitness and lifestyle
- Outdoor and utility
- Customized products
Some notable products in their portfolio include plastic films, spa slippers, baby shower caps, green-house gutter sheets, and more. The company has successfully established three distinct brands: ‘Draperi’ for shower curtains, ‘Runner’ for shelf liners, and ‘Paperi’ for artificial plants and placemats.
Market Presence
Essen Speciality Films has a global reach, supplying its products to 24 countries, including China, Saudi Arabia, the United States of America, Qatar, United Kingdom, Germany, and many others. In addition to international markets, the company also markets and sells its products in India, where it has seen consistent growth in domestic sales.
Essen Speciality IPO Details
Now, let’s dive into the details of the Essen Speciality IPO. While the exact dates and price are yet to be announced, the IPO is expected to feature a fresh issue of 45,00,000 shares and an offer for sale of 11,00,000 shares. The total IPO size will comprise 56,00,000 shares. Retail investors can anticipate a 35% allocation. The listing will take place on the NSE SME.
Essen Speciality IPO Dates | Coming soon |
Essen Speciality IPO Price | Coming soon |
Fresh issue | 45,00,000 shares |
Offer For Sale | 11,00,000 shares |
Total IPO size | 56,00,000 shares |
Minimum bid (lot size) | Coming soon |
Face Value | INR 10 per share |
Retail Allocation | 35% |
Listing On | NSE SME |
Financial Performance
Understanding the financial performance of a company is crucial for making investment decisions. Here is a snapshot of Essen Speciality Films’ financial performance:
FY 2020 | FY 2021 | FY 2022 | 9M FY 2023 | |
Revenue | 72.88 | 95.76 | 117.44 | 82.58 |
Expenses | 62.60 | 84.45 | 111.70 | 74.46 |
Net income | 7.95 | 9.14 | 5.17 | 6.89 |
Figures in INR crores unless specified otherwise
- FY 2020 Revenue: INR 72.88 crores
- FY 2021 Revenue: INR 95.76 crores
- FY 2022 Revenue: INR 117.44 crores
- 9M FY 2023 Revenue: INR 82.58 crores
 Valuations and Margins
Examining valuations and margins provides insights into a company’s profitability and market standing. Here are some key figures for Essen Speciality Films:
FYÂ 2020 | FY 2021 | FY 2022 | |
EPS | 4.97 | 5.71 | 3.23 |
PE ratio | – | – | – |
RONW (%) | 13.27 | 13.62 | 7.15 |
NAV | 599.40 | 670.78 | 45.15 |
ROCE (%) | 12.36 | 11.08 | 5.27 |
EBITDA (%) | 20.71 | 20.36 | 11.52 |
Debt/Equity | 0.07 | 0.23 | 0.36 |
*Compiled by IPO Central from Prospectus
- FY 2020 EPS: INR 4.97
- FY 2021 EPS: INR 5.71
- FY 2022 EPS: INR 3.23
- FY 2022 RONW: 7.15%
- FY 2022 NAV: INR 45.15
- FY 2022 ROCE: 5.27%
- FY 2022 EBITDA: 11.52%
- Debt/Equity: FY 2022 – 0.36
 Conclusion
In conclusion, Essen Speciality Films is a well-established player in the specialized plastic products industry. With its extensive product portfolio, global market presence, and consistent financial performance, the company presents an interesting investment opportunity. Investors should carefully analyze the IPO details, financial performance, and valuations before making any investment decisions.