SPP Polymer Ltd IPO

About The Company

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%.