Maharaja Polyfab Ltd. IPO Details

Maharaja Polyfab was incorporated on January 20, 2021. The company manufactures PP woven packaging products, including printed, coloured, laminated and BOPP laminated bags, used for packaging, storage and transportation. Its products cater to industries such as animal feed, FMCG, mining and minerals, seeds and crops, and PP scrap

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----5.7 M--₹0DRHP DOC

Maharaja Polyfab issue details

Maharaja Polyfab has 5.7 M shares on offer

DayRetail Individual InvestorHNI (NII) Investors
Category Reservation50%50%

Maharaja Polyfab IMPORTANT IPO DATES

Issue Open Date-
Issue close Date-
Allotment Date-
Refund Date-
Demat Account Credit Date-
Listing Date-
Listing on Exchange(s)BSE

Maharaja Polyfab NUMBER OF SHARES ON OFFER

Total5.7 M
Fresh Issue4.5 M
Offer for Sale1.1 M
Post Issue Promoter Holding %

Maharaja Polyfab 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
FY26 56.2 10.7 -2.8 -3.7 35.8%
FY25 23.5 2.9 -1.8 -10.5 38.6%
FY24 18.5 0.8 -0.2 -3.0 25.5%

Maharaja Polyfab INFORMATION ON IPO ISSUE

About Maharaja Polyfab

Maharaja Polyfab was incorporated on January 20, 2021. The company manufactures PP woven packaging products, including printed, coloured, laminated and BOPP laminated bags, used for packaging, storage and transportation. Its products cater to industries such as animal feed, FMCG, mining and minerals, seeds and crops, and PP scrap

Object of the Issue

  • Funding of capital expenditure requirements of the company towards purchase of plant and machinery
  • Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company
  • General corporate purposes

Maharaja Polyfab - PROMOTERS

Name
Rohit Sharma
Ganesh Sharma
Deepak Sharma
Puran Mal Sharma

Maharaja Polyfab - MANAGEMENT & LEADERSHIP

NameDesignation
Rohit SharmaChairman & Managing Director
Ganesh SharmaWhole Time Director
Deepak SharmaExecutive Director
Jitendriya MohantyNon-Executive Independent Director
Sudhir Kumar DasNon-Executive Independent Director
Sagarika MishraNon-Executive Independent Director

Maharaja Polyfab Book Running Lead Manager

Smart Horizon Capital Advisors Private Limited

director@shcapl.com

Maharaja Polyfab Registrar to the Offer

Purva Sharegistry (India) Private Limited

newissue@purvashare.com

Maharaja Polyfab Strengths

Integrated manufacturing capabilities

The company has integrated manufacturing capabilities covering extrusion, weaving, lamination, printing and bag conversion under one roof. Its diversified portfolio of PP woven, printed, laminated and BOPP laminated bags and woven fabrics caters to varied industrial applications

Strength

Customised packaging solutions

The company focuses on customised packaging solutions tailored to customer-specific dimensions, printing, lamination and technical requirements. Its presence across Odisha, Chhattisgarh, Andhra Pradesh, Maharashtra, West Bengal and Bihar supports wider regional market reach and customer access

Strength

Maharaja Polyfab Risks

Substitute packaging risks

The company’s PP woven products face competition from alternative packaging materials such as paper, jute, nonwoven polypropylene and biodegradable solutions, driven by changing customer preferences and environmental regulations. Wider adoption of such substitutes or new packaging technologies could reduce demand for its products and adversely affect its business and financial performance

Risk

Competition

The company operates in a highly competitive PP woven packaging industry, competing on pricing, quality, manufacturing capabilities, customisation, delivery and customer relationships. Competitors with greater resources, capacity, technology or market presence, along with evolving customer requirements, could result in customer loss, margin pressure, reduced market share and adversely affect its business and financial performance

Risk

Compliance risks

The company relies on effective internal controls, compliance systems and financial reporting processes to manage operational and regulatory risks, although such controls may not prevent all deficiencies or failures. Weaknesses or non-compliance could result in fraud, penalties, legal action, regulatory investigations, reputational damage and adversely affect its business and financial performance

Risk

IPO FAQs

  • The promoters of the company are Rohit Sharma, Ganesh Sharma, Deepak Sharma and Puran Mal Sharma.
  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.