Posts

Showing posts from June, 2025

Rachit Prints gets in-principle nod for IPO

Image
  Rachit Prints (RPL), a manufacturer of high-quality specialty knitted and printed fabrics for the mattress industry, has announced that it has received in-principle approval from the BSE SME Exchange for its initial public offering ( IPO ). The company had filed its Draft Red Herring Prospectus (DRHP) with BSE SME in December 2024 and is now in the process of submitting the Red Herring Prospectus (RHP) with updated financials.  The IPO comprises a fresh issue of up to 13,08,000 equity shares with a face value of ₹10 each, aiming to raise approximately ₹19.50 crore through the book-building route. The net proceeds will be utilized with ₹9.50 crore allocated for working capital requirements, ₹4.40 crore for business expansion (including capital expenditure for plant and machinery), ₹1.32 crore for partial prepayment of term loans, and the remaining funds for general corporate purposes.  Headquartered in Meerut, Uttar Pradesh, Rachit Prints specializes in manufacturing kn...

Paper and board prices in India — update

Image
  Based on IppStar' s research, these are the current paper prices per kilo in India based on inputs from paper mills, distributors, and other sources, ex-gown and excluding GST. These prices are meant to be indicative, since every purchaser and buyer will negotiate the landed price on the basis of their requirements and conditions. If our readers, printers, or paper mills, and distributors would like to help us refine our indicative list in terms of brand, quality, or price, they are welcome to do so by sending an email to Mukesh Nath at ads3@ippgroup.in . In order to validate their inputs, it is also suggested that they send us a single sheet sample of the paper that they wish to be corrected or included in our list. For further inputs or interaction, readers and respondents can interact with Mukesh Nath at +91 9760806939 or ads3@ippgroup.in .             The prices are given in Indian Rupees per Kilogram     Updated on 12 June 2025 ...