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IPO Sati Poly Plast Ltd

  • Price Range

    ₹123 - ₹130

  • Min. Quantity

    1,000

  • Closes on

    16 July 2024

  • Min. investment

    ₹1,30,000/1,000 Shares

Sati Poly Plast Ltd IPO Timeline

Sati Poly Plast Ltd was originally incorporated as 'Sati Poly Plast Private Limited' as a Private Limited Company vide Certificate of Incorporation dated July 14, 1999, issued by Registrar of Companies, Bihar. Further, the Company got converted to Public Limited Company, and the name of Company changed to 'Sati Poly Plast Limited' vide certified dated December 26, 2023 issued by the Registrar of Companies, Patna.

EventDate
Sati Poly Plast Ltd IPO Opening Date12 July 2024
Sati Poly Plast Ltd IPO Closing Date 16 July 2024
Basis of Allotment18 July 2024
Initiation of Refunds19 July 2024
Credit of Shares to Demat19 July 2024
Sati Poly Plast Ltd IPO Listing Date22 July 2024

Sati Poly Plast Ltd IPO Details

Sati Poly Plast Ltd IPO Date12 July 2024 to 16 July 2024
Sati Poly Plast Ltd IPO Face Value₹10 per share
Sati Poly Plast Ltd IPO Price₹123 to ₹130 per share
Sati Poly Plast Ltd IPO Lot Size1,000
Issue Size Shares of ₹10 (aggregating up to ₹17.36 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹17.36 Cr)
Offer for Sale-
Issue TypeBook Building - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersBalmukund Jhunjhunwala, Anita Jhunjhunwala, Aditya Jhunjhunwala

Sati Poly Plast Ltd IPO Lot Size

The Sati Poly Plast Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,30,000).

Application LotsSharesAmount
Minimum11,000₹1,30,000
Maximum11,000₹1,30,000
  • Risks
  • Opportunities
  • Established Manufacturing Facility.
  • Cost Leadership and time bound execution.
  • Cordial relationship between management and labour.
  • Existing relationship with the clients.
  • Quality Assurance.

Company Financials

Sati Poly Plast Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202456.38179.413.29
03-202341.94190.973.09
03-202235.79175.220.28
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Working Capital Requirements
  • General Corporate Purposes

Sati Poly Plast Ltd IPO Promoter Holding

Pre Issue Share Holding35.13%
Post Issue Share Holding25.65%

Sati Poly Plast Ltd IPO Subscription Status (Bidding Detail)

The Sati Poly Plast Ltd IPO is subscribed 0 times on 16 July 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)-----

Sati Poly Plast Ltd IPO Prospectus

Sati Poly Plast Ltd IPO Listing Date

BSE Script 92783
NSE SymbolSATIPOLY
Listing In NSE - SME
ISININE0RPM01017
IPO Price₹130
Face Value10

Company Contact Information

Sati Poly Plast Ltd
D N Singh Road,Bhagalpur-812002
Phone: +91 98181 04164
Email: satipolyplast1@gmail.com
Website: www.satipolyplast.in

Sati Poly Plast Ltd IPO Registrar

Phone:+91 810 811 4949;
Email: satipoly.ipo@linkintime.co
Website: www.linkintime.co.in

Sati Poly Plast Ltd IPO Lead Manager(s)

  1. Beeline Capital Advisors Pvt Ltd

FAQ

What is the issue size of Sati Poly Plast Ltd IPO?

Sati Poly Plast Ltd IPO, which opens for subscription from to 16 July 2024 has an issue size of ₹17.36 crore. The issue type is book building issue.

I have pre-applied for Sati Poly Plast Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Sati Poly Plast Ltd IPO?

Sati Poly Plast Ltd IPO Opens for subscription from 12 July 2024 to 16 July 2024

What is the lot size and minimum order quantity of the Sati Poly Plast Ltd IPO?

The lot size of Sati Poly Plast Ltd is 1,000 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,30,000 and ₹1,30,000 respectively.

What are the allotment dates for the Sati Poly Plast Ltd IPO?

Allotment date for Sati Poly Plast Ltd is 18 July 2024 and refund of application amount (in case allotment is not received) will begin from 19 July 2024. If your allotment goes through, then shares will be credited in your Demat account by 19 July 2024.

Who is the registrar of Sati Poly Plast Ltd IPO?

The registrar for Sati Poly Plast Ltd IPO is MUFG Intime India Pvt Ltd. You can check your IPO allotment status on the registrar's website.

Where is the Sati Poly Plast Ltd IPO getting listed?

The shares of Sati Poly Plast Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)