Appl Containers Ltd. IPO Details
Appl Containers was incorporated on October 21, 2021. The company is a container manufacturing firm based in Bhavnagar, Gujarat, and has recently introduced container leasing services to offer flexible solutions to clients. Through its wholly owned subsidiary, Aawadkrupa Plastomech, it also designs and manufactures plastic extrusion plants and rope-making machinery
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 3.8 M | - | - | ₹0 | DRHP DOC |
Appl Containers issue details
Appl Containers has 3.8 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Appl Containers IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Appl Containers NUMBER OF SHARES ON OFFER
Appl Containers FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 69.0 | 32.8 | 33.7 | 31.0 | 64.8% |
| FY24 | 40.4 | 17.4 | 23.1 | 0.9 | 62.7% |
| FY23 | 4.5 | 2.1 | 0.0 | -6.9 | 63.7% |
Appl Containers INFORMATION ON IPO ISSUE
About Appl Containers
Appl Containers was incorporated on October 21, 2021. The company is a container manufacturing firm based in Bhavnagar, Gujarat, and has recently introduced container leasing services to offer flexible solutions to clients. Through its wholly owned subsidiary, Aawadkrupa Plastomech, it also designs and manufactures plastic extrusion plants and rope-making machinery
Object of the Issue
- Funding of incremental working capital requirements of the company
- Pre-payment or re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the company
- General corporate purposes
Appl Containers - PROMOTERS
| Name |
|---|
| Hasmukhbhai Meghjibhai Viradiya |
| Vallabhbhai Meghjibhai Viradiya |
| Vaibhav Vallabhbhai Viradiya |
| Manishaben Viradiya |
| Tejasbhai Vallabhbhai Viradiya |
| Saritaben Viradiya |
| Ektaben Vaibhavbhai Viradiya |
| Tirthraj Hasmukhbhai Viradiya |
Appl Containers - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Hasmukhbhai Meghjibhai Viradiya | Chairman & Managing Director |
| Vallabhbhai Meghjibhai Viradiya | Whole-time Director |
| Vaibhav Vallabhbhai Viradiya | Whole-time Director |
| Manishaben Viradiya | Non-executive & Non-Independent Director |
| Avani Hardikbhai Mandaliya | Non-Executive & Independent Director |
| Brijeshkumar Maheshbhai Pathak | Non-Executive & Independent Director |
| Shishir Manoharbhai Trivedi | Non-Executive & Independent Director |
| Nehal Rishikeshbhai Gadhavi | Non-Executive & Independent Director |
Appl Containers Book Running Lead Manager
Cumulative Capital Private Limited
ipo.acl@cumulativecapital.group
Shannon Advisors Private Limited
appl.ipo@shannon.co.in
Appl Containers Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Appl Containers Strengths
Rising demand
The global shipping container market is growing steadily, driven by international trade, e-commerce, and cargo movement. The company, as a container manufacturer, is well-positioned to benefit from this rising demand
Product advancement & technology integration
The company employs automated, precision-based manufacturing and quality control systems to ensure consistent, cost-effective production. Integration of GPS tracking and monitoring features enhances container traceability and meets evolving customer logistics needs
Appl Containers Risks
Working capital intensive
The company operates a working capital-intensive business, requiring effective management of raw materials, inventory, and receivables. Inability to maintain optimal working capital or secure financial instruments could impact operations, growth, and financial flexibility
Compliance risks
The company benefits from export incentives and subsidies, but expiry, withdrawal, or delays in these benefits could adversely affect its business and financial condition. Non-compliance with export obligations may also result in customs duties and penalties
Operational risks
Failure to consistently maintain high product quality may lead to customer dissatisfaction, operational disruptions, regulatory issues, and harm to the company’s reputation and performance. The company links product demand to quality standards and currently offers a one-year warranty, with only a single goodwill replacement made despite no manufacturing defects
IPO FAQs
The promoters of the company are Hasmukhbhai Meghjibhai Viradiya, Vallabhbhai Meghjibhai Viradiya, Vaibhav Vallabhbhai Viradiya, Manishaben Viradiya, Tejasbhai Vallabhbhai Viradiya, Saritaben Viradiya, Ektaben Vaibhavbhai Viradiya and Tirthraj Hasmukhbhai Viradiya.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.