Karat Packaging

General Information
Business:

 

We are a rapidly growing manufacturer and distributor of environmentally friendly, single-use disposable products primarily used in restaurants and food-service settings. We supply a wide range of products for the food-service industry, including food packaging, containers, tableware, cups, lids, cutlery and straws. Our products are available in plastic, paper, biopolymer-based and other compostable forms. Our Karat Earth ® line provides additional environmentally friendly options to our customers, who are increasingly focused on issues of sustainability. In addition to manufacturing and distribution, we offer customized solutions to our customers, including new product development, design, printing and logistics services. Our goal is to be a single-source provider to our customers for all of their food packaging and disposable products needs.

Industry: PLASTICS PRODUCTS
Employees: 542
Founded: 2018
Contact Information
Address 6185 Kimball Avenue, Chino, CA 91708, US
Phone Number (626) 965-8882
Web Address http://www.karatpackaging.com
View Prospectus: Karat Packaging
Financial Information
Market Cap $161.5mil
Revenues $200.9 mil (last 12 months)
Net Income $2.4 mil (last 12 months)
IPO Profile
Symbol KRAT
Exchange NASDAQ
Shares (millions): 5.0
Price range $7.00 - $9.00
Est. $ Volume $40.0 mil
Manager / Joint Managers National Securities
CO-Managers Loop Capital Markets
Expected To Trade: 10/16/2019
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change