IPO 4182

About the Company

We are engaged in the manufacture of polypropylene (“PP”) woven packaging products, including PP woven bags, PP printed woven bags, PP colour woven bags, PP laminated bags and BOPP (Biaxially Oriented Polypropylene) laminated bags, which are used for packaging, storage and transportation purposes across various industries. Our products are utilised by customers operating in sectors such as animal feeds and nutrition, FMCG (fast moving consumer goods) sector, mining and minerals, seed and crops, and PP Scraps. Our Company operates under a business-to-business (B2B) model and primarily caters to industrial customers. Customer orders are generally received through direct interactions with customers based on their packaging requirements and product specifications. Owing to the customised nature of several of our products, we work closely with customers to manufacture packaging products in accordance with their specific requirements relating to dimensions, load-bearing capacity, printing, lamination and other technical parameters. Our Company was incorporated on January 20, 2021. Following incorporation, our Company undertook the development and establishment of its manufacturing infrastructure. During Financial year 2023, our Company commissioned and commenced commercial operations at Manufacturing Unit 1. Subsequently, in order to expand our manufacturing capabilities and cater to increasing customer requirements, our Company commissioned Manufacturing Unit 2 in year 2024. As on the date of this Draft Prospectus, our Company operates two manufacturing units within a single integrated manufacturing facility situated at Bargarh, Odisha. Our manufacturing process encompasses tape extrusion, weaving, lamination, printing, bag conversion and stitching operations, enabling us to convert polypropylene granules into finished packaging products. Our manufacturing facility has an aggregate installed production capacity of 6,800 MT per annum as on the date of this Draft Prospectus. The expansion through Manufacturing Unit 2 increased our production capacity and enabled us to cater to a broader customer base across multiple geographies.