APPL Containers Files DRHP for IPO to Fund Working Capital, Debt Repayment

Mumbai, September 26, 2025: APPL Containers Limited has announced that it has filed its Draft Red Herring Prospectus (DRHP) for its IPO with the Securities and Exchange Board of India (SEBI). The company will announce the price bands and other key details a few days before the commencement of the IPO issue.

APPL Containers Limited is an Indian company that is engaged in the process of manufacturing shipping containers. It operates from its Bhavnagar facility, which has an installed capacity of up to 15,000 units per year. In FY25, the company produced a total of 7,401 containers. As of August 31, 2025, the company had a confirmed order book of 876 containers, valued at ₹30.65 crore. The company was established in 2016, and is headquartered in Mumbai, Maharashtra.

APPL Containers IPO Combination of Fresh Issue and OFS

The total offer size of the IPO is set at up to 38,10,000 equity shares of ₹10 face value. The issue is a combination of fresh issue of up to 12,50,000 shares and offer for sale of up to 25,60,000 shares. The listing of the shares is proposed on both the NSE and BSE.

APPL Containers IPO Funding Working Capital and Debt Repayment: Main Fundraising Motive

The company has announced that it will use up to ₹55 crore to fund its working capital, while ₹16 crore will be used to prepay or repay borrowings. The remaining balance amount will be used for general corporate purposes.

APPL Containers IPO Revenue At ₹6,902.56 Lakh While PAT at ₹3,282.54 Lakh

In FY25, revenue from operations increased to ₹6,902.56 lakh, from ₹4,039.44 lakh in FY24 and ₹452.84 lakh in FY23. Profit after tax also surged to ₹3,282.54 lakh, from ₹1,738.77 lakh in FY24 and ₹208.34 lakh in FY23. Earnings per share (EPS) increased to ₹26.26, from ₹13.91 in FY24 and ₹3.30 in FY23. Net worth jumped to ₹5,483.54 lakh. Total borrowings were ₹1,978.02 lakh, down from ₹2,034.87 lakh in FY24.

REF: https://nsearchives.nseindia.com/corporate/Registration_26092025061806_DRHP_APPL_Containers_Limited.pdf

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