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UpcomingSMEManufacturing · Plastic Products
Ahimsa Industries Limited
AHIMSA
★★☆☆☆2/5
🔗 Official WebsitePrice Band: —
Issue Size: 379.50
About the Company
What does this company do?
Ahimsa Industries Limited engages in the manufacture and trading of plastic products and related materials.
IPO Details
Issue parameters, key dates and structure.
Total Issue Size
379.50
15180000
Fresh Issue
379.50
15180000
Proceeds go to company
Reservation Structure
RII (Retail Individual Investors)
50
720000
At least 50% of net issue for investors up to Rs 2 Lakhs
Products & Brands
Key offerings and brand portfolio of the company.
Plastic Products: Manufacturing and trading of plastic products and materials
Financial Performance
P&L, Balance Sheet and Cash Flow — all figures in ₹ Crores.
| Particulars (₹ Cr) | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|
| Revenue from Operations | 3206.56 | 2138.25 | 1467.91 | 673.93 | 724.34 |
| Other Income | 70.10 | 38.56 | 38.02 | 17.97 | 27.07 |
| EBITDA | 377.59 | 275.10 | 284.52 | 40.56 | 38.65 |
| EBITDA Margin | 11.8% | 12.9% | 19.4% | 6.0% | 5.3% |
| Depreciation & Amortisation | 226.32 | 168.98 | 105.37 | 32.63 | 14.28 |
| EBIT | 151.27 | 106.12 | 179.15 | 7.93 | 25.37 |
| Finance Costs (Interest) | 135.94 | 100.29 | 53.74 | 10.94 | 4.49 |
| PBT (Profit Before Tax) | -74.73 | 6.81 | 179.15 | 7.93 | 25.37 |
| Tax | -5.79 | 11.56 | 4.82 | 21.87 | -1.07 |
| PAT (Net Profit) | -80.52 | 17.08 | 147.91 | 28.42 | 15.60 |
| PAT Margin | -2.5% | 0.8% | 10.1% | 4.2% | 2.2% |
| EPS — Basic (₹) | -2.04 | 0.54 | 5.27 | 1.07 | 1.05 |
| EPS — Diluted (₹) | -2.04 | 0.54 | 5.27 | 1.07 | 1.05 |
All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.
Key Financial Ratios
Valuation and profitability metrics at the IPO price.
EPS — Basic (₹)
-2.04
FY2015
EPS — Diluted (₹)
-2.04
FY2015
P/E Ratio
N/A
At issue price 25 - negative earnings
RoNW (%)
—
FY2015
NAV per Share (₹)
—
Pre-issue
Debt/Equity
—
FY2015
EBITDA Margin (%)
11.77
FY2015
PAT Margin (%)
-2.51
FY2015
Revenue CAGR
45.83
4-yr (FY2011-FY2015)
Objectives of the Issue
How the company intends to use the IPO proceeds.
⚠
Capital expenditure for expansion of manufacturing capacity
1
Working capital requirements
2
General corporate purposes
SWOT Analysis
Internal strengths & weaknesses; external opportunities & threats.
💪Strengths
World's latest technology
Maximum automation available in industry
Most power saving operations in the world
Quality human resources
Splendid location
Plenty availability of resources like transport, electricity, water
⚠️Weaknesses
Limited investment
Limited working capital resources
🚀Opportunities
Beverage industry growth in India at 30%+ per annum
Dairy sector expansion with PET bottle adoption
Edible Oil and Alcoholic Beverages market growth
Automobile sector diversification in Gujarat
Overseas expansion opportunities
🔥Threats
Heavy government taxation
Slower consumer market sentiments
Competitive Strengths
Key advantages highlighted in the DRHP.
✓
World's latest technology
✓
Maximum automation available in industry
✓
Most power saving operations in the world
✓
Quality human resources
✓
Splendid location with abundant resources
✓
Global recognition for quality PET preforms exported to multiple countries
Promoters & Shareholding
Pre & post-IPO shareholding pattern. Click a promoter card to learn more.
Promoters
Shareholding Pattern
N/AN/A
PrePost
Key Risks
Material risk factors to consider before applying.
⚠
First issue of equity shares with no formal market history
⚠
Issue price 2.5 times face value with no assurance of market price post-listing
⚠
No guarantee of active or sustained trading post-listing
⚠
General investment risks in equity securities
◆ Neutral
Should You Apply?
Ahimsa Industries Limited is a manufacturing company engaged in plastic products. The company filed its IPO in September 2015 to raise Rs 379.50 Lakhs through fresh issue of 15,18,000 equity shares at Rs 25 per share on NSE Emerge platform. The company showed strong revenue CAGR of 45.83% over FY2011-FY2015, but reported a loss of Rs 80.52 Lakhs in FY2015. Being a first IPO with limited track record and negative recent earnings, investors should carefully evaluate risk-return proposition.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
Lead Managers & Registrar
Institutions managing the issue and handling allotment.
Book Running Lead Managers (1)
Sarthi Capital Advisors
Registrar to the Issue
📋
Bigshare Services Private Limited
Registrar to the Issue
Company Details
Registered information and contact details.
Company Name
Ahimsa Industries Limited
CIN
U25200GJ1996PLC028679
Registered Office
102, Iscon Elegance, Near Shapath-5, Prahalad Nagar Junction, S.G. Highway, Ahmedabad-380051, Gujarat, India
Contact Person
Mr. Shrenikbhai Madhukarbhai Khatwala
Designation
Chief Financial Officer
Phone
+91 79 27445901/02
Website
www.greenpet.in