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SPP Polymer Ltd.

SPP Polymer Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹59
₹59
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹59
Based on GMP
Min. Investment
₹118,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 Sep 2024
Close Date
12 Sep 2024
Allotment
13 Sep 2024
Listing Date
17 Sep 2024
Exchange
NSE SME
Price Band
₹59
Listing Price
See chart
Allotment Status
Price Band
₹59
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
41,50,000 shares (aggregating up to ₹24.49 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹118,000
1 lot
Pre-IPO Holding
1,12,41,160 shares
Promoters
Post-IPO Holding
1,53,91,160 shares
Promoters
P/E (Pre)
66.72x
 
P/E (Post)
24.86x
 
EPS (Pre)
₹0.88
 
EPS (Post)
₹2.37
 
UPI Deadline
2024-09-12
Mandate
Anchor AllotmentMon, 09 Sep 2024
Basis of AllotmentFri, 13 Sep 2024
Refund InitiationMon, 16 Sep 2024
Demat CreditMon, 16 Sep 2024
Listing DayTue, 17 Sep 2024
UPI Mandate Deadline2024-09-12
Sale TypeFresh Capital
Net Offer to Public39,40,000 shares (aggregating up to ₹23.25 Cr)
Market Maker Quota2,10,000 shares (aggregating up to ₹1.24 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
SPP Polymer Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
210,000
— ₹1.24
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
4,150,000
100% ₹24.49
IPO Shares Offered
SPP Polymer Ltd. IPO total issue size: ₹24.49 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 210,000 ₹1.24
5.06%
Total 4,150,000 ₹24.49
100.00%
* Based on upper price band ₹59 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹59.00
Upper Band
Min Investment
₹118,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹236,000
Retail (Max — 13 Lots)1326,000₹1,534,000
S-HNI (Min — 14 Lots)1428,000₹1,652,000
B-HNI (Min — 68 Lots)68136,000₹8,024,000
* Issue Price ₹59 × Lot Size 2,000 shares
IPO Schedule
Anchor
09 Sep 2024
✓ Done
IPO Open
10 Sep 2024
✓ Done
IPO Close
12 Sep 2024
✓ Done
Allotment
13 Sep 2024
✓ Done
Refunds
16 Sep 2024
✓ Done
Demat Credit
16 Sep 2024
✓ Done
Listing Day
17 Sep 2024
✓ Done
SPP Polymer Ltd. — Live Price LIVE
₹59.00
INR · NSE
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Issue ₹59.00 Live Price
About SPP Polymer Ltd.
Incorporated in 2004,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 FabricHDPE/PP Woven BagsNon-woven FabricNon -woven BagsMultifilament PP YarnThe 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.
Objects of the Issue
1
Repayment of Loan
2
Working capital requirement
3
General corporate purposes1
SPP Polymer Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹6,677.5
31 Mar 2023
₹9,381.3
31 Mar 2024
₹2,895.9
30 Jun 2024
Profit After Tax (PAT)
₹54.4
31 Mar 2023
₹99.4
31 Mar 2024
₹91.3
30 Jun 2024
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 2895.85 9381.29 6677.47
EBITDA N/A N/A N/A
Profit After Tax (PAT) 91.33 99.40 54.42
Net Worth 2591.64 2500.30 2433.64
Total Assets 7619.39 7091.89 5417.98
Reserves & Surplus 1500.27 1408.93 2152.61
Borrowings 1871.94 1897.82 2215.18
EBITDA Margin (%) N/A — —
PAT Margin (%) 1.08 — —
P/BV Ratio
2.65
RoE
8.01
RoCE
4.27
RoNW
3.98
PAT Margin
1.08
Debt/Equity
0.71
Issue Structure & Shareholding
Total Shares Offered41,50,000 (100.00%)
Net Offer to Public39,40,000 shares (aggregating up to ₹23.25 Cr)
Reserved for Market Maker2,10,000 shares (aggregating up to ₹1.24 Cr)
Pre-Issue Promoter Holding1,12,41,160 shares
Post-Issue Promoter Holding1,53,91,160 shares
P/BV Ratio2.65
RoE8.01
RoCE4.27
Debt / Equity0.71
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Interactive Financial Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much SPP Polymer Ltd. IPO subscribed? ▲

SPP Polymer Ltd. IPO is subscribed 1.00 times by Sep 12, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is SPP Polymer Ltd. IPO retail subscription status? ▼

The SPP Polymer Ltd. IPO retail category is subscribed 1.00 times as of 12 Sep 2024. The retail portion is oversubscribed.

How to subscribe SPP Polymer Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 10 Sep 2024 and closes 12 Sep 2024. Min investment: ₹118,000 (1 lot = 2,000 shares). UPI mandate: 2024-09-12.

How many times SPP Polymer Ltd. IPO subscribed? ▼

The SPP Polymer Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check SPP Polymer Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Sep 2024. Refunds: on 16 Sep 2024.

When SPP Polymer Ltd. IPO will be listed? ▼

The SPP Polymer Ltd. IPO listing date is 17 Sep 2024, Tuesday. Listed on: NSE SME. Issue price: ₹59. Estimated listing: ₹59. GMP: NIL.

When SPP Polymer Ltd. IPO close? ▼

The SPP Polymer Ltd. IPO closes on 12 Sep 2024, Thursday. UPI mandate: 2024-09-12. Allotment: 13 Sep 2024. Listing: 17 Sep 2024.