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SPP Polymer Limited IPO
NSE SMEListed On: Sep 17, 2024 at ₹ 63.0
₹ 118000 /2000 Shares
Check AllotmentSPP Polymer IPO Details
10 Sep, 2024
Open Date12 Sep, 2024
Close Date13 Sep, 2024
Allotment Date17 Sep, 2024
Listing DateIssue Price
₹59 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
63.0Listing Date
2024-09-17Market Lot
2000 Shares (₹118,000/-)Lead Manager
Interactive Financial Services LtdIssue Size
4,150,000 shares(aggregating up to ₹24.49 Cr)Retail Portion
50%Subscription
41.17 timesIPO Docs
DRHPSPP Polymer IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,970,000 | 1,970,000 | 3,940,000 |
Day 1 - 10-09-24 06:00 PM | 1.25 x | 9.48 x | 5.36 x |
Day 2 - 11-09-24 06:00 PM | 2.98 x | 21.13 x | 12.05 x |
Day 3 - 12-09-24 06:00 PM | 22.46 x | 59.87 x | 41.17 x |
SPP Polymer Valuations
EPS Pre IPO
₹0.88/-EPS Post IPO
₹2.37/-P/E Pre IPO
66.72P/E Post IPO
24.86RoNW
3.98%SPP Polymer Company Financials All values are in ₹ Lakh
31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|
Assets | 7,091.89 | 5,417.98 | 3,821.87 |
Revenue | 9,381.29 | 6,677.47 | 8,077.96 |
Profit After Tax | 99.4 | 54.42 | 28.01 |
About The Company
SPP Polymers Limited, formerly known as SPP Food Products Private Limited, is a manufacturer of a wide range of HDPE/PP woven fabric and bags, non-woven fabrics and bags, and Multifilament Yarn. The company is located in Rudrapur City, Uttarakhand.
The product portfolio comprises the following :
HDPE/PP woven Fabric
HDPE/PP Woven Bags
Non-woven Fabric
Non -woven Bags
Multifilament PP Yarn
The company offers customized solutions according to its clients' specifications. Its installed capacity of HDPE/PP Woven Fabric and bags totals 12000 MT, Non-woven Fabric 4000 MT, and Multifilament Yarn 300 MT per annum.
The company has received ISO 9001:2015, 45001:2018, 14001:2015, and SA 8000:2014 accreditation for its quality management system, occupational health and safety management system, and environmental management system.
The company's products primarily serve customers in the agro-pesticides, Cement, Chemical, fertilizers, Food Products, Textile, Ceramic, and Steel industries.As of December 31, 2024 the company has 4 employees on its payroll.
SPP Polymer - Promoter(s)
Pre Issue Share Holding: 94.99%
Post Issue Share Holding: 69.37%
Company Promoter(s)
- Dipak Goyal
- Mahavir Bahety
- Liladhar Mundhara
- Asha Ram Bahety
SPP Polymer IPO - Issue Objectives
- Repayment of Loan
- Working capital requirement
- General corporate purposes
SPP Polymer IPO - FAQs
Ans. SPP Polymer Limited IPO is a SME IPO. The issue is priced at ₹59 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 10, 2024, and closes on Sep 12, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The SPP Polymer Limited IPO opens on Sep 10, 2024 and closes on Sep 12, 2024.
Ans. The size of SPP Polymer Limited IPO is 4,150,000 shares(aggregating up to ₹24.49 Cr).
Ans. The IPO price band is set between ₹59 per equity share.
Ans. To apply for SPP Polymer Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find SPP Polymer 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 SPP Polymer Limited IPO is Sep 13, 2024.
Ans. The SPP Polymer Limited IPO will be listed on Sep 17, 2024.
Ans. Follow the steps to check the allotment status for SPP Polymer Limited IPO here.