Sati Poly Plast Limited IPO
NSE SMEListed On: Jul 22, 2024 at ₹ 247.0
₹ 130000 /1000 Shares
Check AllotmentSati Poly Plast Limited IPO Details
12 Jul, 2024
Open Date16 Jul, 2024
Close Date18 Jul, 2024
Allotment Date22 Jul, 2024
Listing DateIssue Price
₹123-130 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
247.0Listing Date
2024-07-22Market Lot
1000 Shares (₹130,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
1,335,000 shares(aggregating up to ₹17.36 Cr)Retail Portion
35%Subscription
499.21 timesIPO Docs
DRHPSati Poly Plast Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 253,000 / 190,000 | 443,000 | 886,000 |
| Day 1 - 12-07-24 06:00 PM | 0.00 / 14.93 x | 38.15 x | 22.28 x |
| Day 2 - 15-07-24 06:00 PM | 0.02 / 127.93 x | 228.16 x | 141.52 x |
| Day 3 - 16-07-24 06:00 PM | 146.00 / 569.88 x | 670.62 x | 499.21 x |
Sati Poly Plast Limited Valuations
EPS Pre IPO
₹9.1/-EPS Post IPO
₹6.64/-P/E Pre IPO
14.29P/E Post IPO
19.57RoNW
%Sati Poly Plast Limited Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 5,637.57 | 4,194.08 | 3,578.70 |
| Revenue | 17,940.98 | 19,096.69 | 17,522.39 |
| Profit After Tax | 328.64 | 308.89 | 28.23 |
About The Company
Sati Poly Plast Limited manufactures multifunctional flexible packaging materials that meet the packaging needs of various industries.
The company has set up two manufacturing units. Plant 1 is located in Gautam Budh Nagar, Noida, and can produce 540 tons per month. Plant 2 is situated in Udhyog Kendra, Noida, and has an installed capacity of 540 tons per month.
The company has steadily increased its installed capacity from 250 tonnes per month to 500 tonnes per month between 2018 and 2019.
The company supplies its packaging material to states such as Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu Delhi. Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab and Rajasthan.
The company's clients include Pidilite, Adani Wilmar and JVL.As of March 31, 2024, the company has a total of 135 on roll Employees.
Sati Poly Plast Limited - Promoter(s)
Pre Issue Share Holding: 86.30%
Post Issue Share Holding: %
Company Promoter(s)
- almukund Jhunjhunwala, Anita Jhunjhunwala, Aditya Jhunjhunwala, Keshav Jhunjhunwala and Balmukund Jhunjhunwala HUF.
Sati Poly Plast Limited IPO - Issue Objectives
- Working Capital Requirements.
- General Corporate Purposes
Other Details
Sati Poly Plast Limited
D.N. Singh Road, Bhagalpur 812 002Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: satipoly.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Sati Poly Plast Limited IPO - FAQs
Ans. Sati Poly Plast Limited IPO is a SME IPO. The issue is priced at ₹123-130 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jul 12, 2024, and closes on Jul 16, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sati Poly Plast Limited IPO opens on Jul 12, 2024 and closes on Jul 16, 2024.
Ans. The size of Sati Poly Plast Limited IPO is 1,335,000 shares(aggregating up to ₹17.36 Cr).
Ans. The IPO price band is set between ₹123-130 per equity share.
Ans. To apply for Sati Poly Plast Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sati Poly Plast Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sati Poly Plast Limited IPO is Jul 18, 2024.
Ans. The Sati Poly Plast Limited IPO will be listed on Jul 22, 2024.
Ans. Follow the steps to check the allotment status for Sati Poly Plast Limited IPO here.
