Essen Speciality IPO Date, Review, Price, Allotment Details

Vijay Prajapati
July 5, 2023

Vijay Prajapati

Essen Speciality IPO Details: Essen Speciality IPO date is fixed, The IPO will open on June 23 and will close on June 27. Essen Speciality is an NSE SME IPO to raise ₹66.33 crores via IPO. The Essen Speciality IPO price band is fixed at ₹101 to ₹107 with a market lot of 1200 shares.

Essen Speciality Films is a manufacturer and exporter of specialized plastic products for the Home Decor and Home Furnishing industry. They export their products to Fortune 500 clients like IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl’s, Kroger, etc.

Essen Speciality Films is one of a kind manufacturer in the world with ranges in Bath Areas and Accessories, Artificial Plants & Flowers, Kitchen & Dining, Storage & Organization, Fitness & Lifestyle, and Outdoor & Utility Products. They sell their products under brand names ‘Draperi’ for shower curtains, ‘Runner’ for shelf liners, and ‘Paperi’ for 88 artificial plants and placemats. They export their products to China, Saudi Arabia, the United States of America, Qatar, the United Kingdom, Germany, Italy, Canada, Romania, Denmark, Poland, New Zealand, United Arab Emirates, Spain, Austria, France, Australia, Kuwait, Belgium, Austria, Sweden, and Mexico.

Objects of the Issue:

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company;
Funding the working capital requirements of our Company; and
General corporate purposes.

Essen Speciality IPO Review

May Apply

Essen Speciality IPO Date & Price Band Details

IPO Open:	June 23, 2023
IPO Close:	June 27, 2023
IPO Size:	Approx ₹66.33 Crores, 61,99,200 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹101 to ₹107 Per Equity Share
IPO Listing on:	NSE SME
Retail Quota:	35% of the net offer
QIB Quota:	50% of the net offer
NII Quota:	15% of the net offer
DRHP Draft Prospectus:	Click Here
RHP Draft Prospectus:	Click Here
Anchor Investors in IPO:	Click Here

Essen Speciality IPO Market Lot

The Essen Speciality IPO minimum market lot is 1200 shares with a ₹128,400 application amount.

Market Lot	Lot Size	Shares	Amount
Retail Minimum	1	1200	₹128,400
Retail Maximum	1	1200	₹128,400
S-HNI Minimum	2	2400	₹256,800

Essen Speciality IPO Dates

The Essen Speciality IPO date is June 23 and the IPO close date is June 27. The IPO allotment date is July 3 and the IPO might list on July 6.

IPO Open Date:	June 23, 2023
IPO Close Date:	June 27, 2023
Basis of Allotment:	July 3, 2023
Refunds:	July 4, 2023
Credit to Demat Account:	July 5, 2023
IPO Listing Date:	July 6, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Essen Speciality IPO Form

How to apply Essen Speciality IPO? You can apply Essen Speciality IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Essen Speciality IPO in the Invest section. The other option you can apply Essen Speciality IPO via IPO forms download via the NSE website. Check out the Essen Speciality forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Essen Speciality Company Financial Report

₹ in Crores
Year	Revenue	Expense	PAT
2020	₹73.47	₹62.60	₹7.95
2021	₹96.81	₹84.45	₹9.14
2022	₹118.57	₹111.70	₹5.17
2023 9M	₹83.62	₹74.46	₹6.89

Essen Speciality IPO Valuation – FY2022

Check Essen Speciality IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):	₹4.31 per Equity Share
Price/Earning P/E Ratio:	NA
Return on Net Worth (RoNW):	08.71%
Net Asset Value (NAV):	₹49.46 per Equity Share

Peer Group

Shaily Engineering Limited
Supreme Industries Limited

Company Promoters

Pallav Kishorbhai Doshi
Khushboo Chandrakant Doshi

Essen Speciality IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Essen Speciality IPO Allotment Status

Check Essen Speciality IPO allotment status on Bigshare website URL. Click Here

Essen Speciality IPO Lead Managers aka Merchant Bankers

GYR CAPITAL ADVISORS PRIVATE LIMITED

Company Address

ESSEN SPECIALITY FILMS LIMITED
Plot No. A, Survey No. 192,
Veraval (Shapar), Rajkot – 360 002, Gujarat
Phone: +91 98253 12701
E-mail: [email protected]
Website: www.essenspeciality.com

Essen Speciality IPO FAQs

What is Essen Speciality IPO?

Essen Speciality IPO is an NSE SME IPO. They are going to raise ₹66.33 Crores via IPO. The issue is priced at ₹101 to ₹107 per equity share. The IPO is to be listed on NSE.

When Essen Speciality IPO will open?

The IPO is to open on June 23, 2023 for QIB, NII, and Retail Investors.

What is Essen Speciality IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Essen Speciality IPO?

You can apply Essen Speciality IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Essen Speciality IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Essen Speciality”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Essen Speciality IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Essen Speciality”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Essen Speciality IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Essen Speciality”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Essen Speciality IPO Size?

Essen Speciality IPO size is ₹66.33 crores.

What is Essen Speciality IPO Price Band?

Essen Speciality IPO Price Band is ₹101 to ₹107 per equity share.

What is Essen Speciality IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹128,400.

What is Essen Speciality IPO Allotment Date?

Essen Speciality IPO allotment date is July 3, 2023.

What is Essen Speciality IPO Listing Date?

Essen Speciality IPO listing date is July 6, 2023. The IPO to list on NSE SME.

Note: The Essen Speciality IPO details are announced officially. The IPO grey market premium (Essen Speciality IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.