SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shakun Polymers files DRHP with SEBI for IPO

05 May 2018 Evaluate

Shakun Polymers has filed a Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). The offer comprises of fresh issue of equity shares aggregating up to Rs 75 crore and an offer for sale of up to 18 lakh equity shares by selling shareholders.

The company proposes to utilize the net proceeds from the issue towards setting up of new unit for manufacturing Halogen Free Flame Retardant (HFFR) compounds and general corporate purpose. The equity shares are proposed to be listed on the BSE and the NSE.

Vivro Financial Services is the book running lead manager to the offer, while Link Intime India is the registrar to the issue.

Shakun Polymers, a leading player in the field of compounding for the wire & cable market, is also one of the first movers in India for manufacturing of HFFR compounds and one of the leading exporters for HFFR compounds from India.


Peers
Company Name CMP
Supreme Industries 3654.70
Astral 1569.55
Finolex Inds 177.95
Nilkamal 1302.00
Jain Irrigation Sys 35.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×