Recently Viewed
Clear AllBidding Date
10-Sep-2024 to
12-Sep-2024
Issue Size
₹24.49 Cr
Price Band
₹59
Allotment date
--
Listing date
18-Sep-2024
Lot size
2000
No. of shares
41,50,000
Fresh issue/OFS
₹24.49 Cr /--
SPP Polymer Limited, incorporated on August 27, 2004, is engaged in the manufacturing of HDPE/PP woven fabrics and bags, non-woven fabrics and bags, and PP multifilament yarn. Their products serve a broad spectrum of industries, including cement, chemicals, food grains, polymers, agriculture, and more, offering tailored packaging solutions for bulk goods. With a state-of-the-art manufacturing facility located in Pantnagar, Uttarakhand, spread over 13,650 sq. meters, they have achieved an installed production capacity of 9,125 MT for HDPE/PP woven fabric and bags and 3,600 MT for non-woven fabric. The company caters primarily to the B2B segment, generating significant revenue from the production of HDPE/PP woven fabric and bags, accounting for 68.06% of revenue in FY 2024, while non-woven fabric and bags contribute 30.65%.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
39x
The issue size of SPP Polymer is ₹24.49 Cr.
SPP Polymer falls into Containers & Packaging industry.
The SPP Polymer IPO will be listed on BSE.
The open and close dates for the SPP Polymer are 10-Sep-2024 & 12-Sep-2024.
The price band for the SPP Polymer ipo is ₹59
The listing date of SPP Polymer IPO is 18-Sep-2024.
The purpose of this IPO is to raise fresh capital.
SPP Polymer total subscription ratio is 39X.
Key financial of the SPP Polymer are:
| SPP Polymer | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 91.75 | 66.05 | 80.28 |
| EBIT (₹ Cr) | 2.06 | 1.4 | 0.52 |
| Proft after Tax (₹ Cr) | 1.04 | 0.54 | 0.28 |
| Debt (₹ Cr) | 18.98 | 22.15 | 12.62 |
| Net Worth (₹ Cr) | 25.33 | 24.34 | 19.72 |
| RoE (%) | 4.11 | 2.24 | 1.42 |