SPP Polymer Ltd IPO
Price Range
₹59
-
Min. Quantity
2,000 Shares
Closes on
September 12, 2024
-
Min. investment
₹1,18,000
SPP Polymer Ltd IPO Timeline
| Event | Date |
|---|---|
| SPP Polymer Ltd IPO Opening Date | September 10, 2024 |
| SPP Polymer Ltd IPO Closing Date | September 12, 2024 |
| Basis of Allotment | September 13, 2024 |
| Initiation of Refunds | September 16, 2024 |
| Credit of Shares to Demat | September 16, 2024 |
| SPP Polymer Ltd IPO Listing Date | September 17, 2024 |
SPP Polymer Ltd IPO Details
| SPP Polymer Ltd IPO Date | September 10, 2024 to September 12, 2024 |
| SPP Polymer Ltd IPO Face Value | ₹10 per share |
| SPP Polymer Ltd IPO Price | ₹59 to ₹0 per share |
| SPP Polymer Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹24.49 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹24.49 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Dipak Goyal, Mahavir Bahety, Liladhar Mundhara |
SPP Polymer Ltd IPO Lot Size
The SPP Polymer Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,18,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,18,000 |
| Maximum | 1 | 2,000 | ₹1,18,000 |
- Strengths
- Risks
- Opportunities
- Quality Assurance.
- Experienced Promoter and Management Team.
- Our Product portfolio.
- Diversified customer base and long-standing relationship with our customers.
Company Financials
SPP Polymer Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 80.53 | 108.9 | 1.13 |
| 03-2024 | 70.92 | 93.81 | 1.04 |
| 03-2023 | 54.18 | 66.77 | 0.54 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of Loan
- Working Capital Requirement
- General Corporate Purposes
SPP Polymer Ltd IPO Promoter Holding
| Pre Issue Share Holding | 15.02% |
| Post Issue Share Holding | 10.97% |
SPP Polymer Ltd IPO Subscription Status (Bidding Detail)
The SPP Polymer Ltd IPO is subscribed 39.0834 times on September 12, 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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 39.0834 |
SPP Polymer Ltd IPO Prospectus
SPP Polymer Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0QR801013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Bearing # DPT212 DLF Primer TWOkhla Industrial Area Phase I,Delhi-110020
Phone: +91 91 59442 97751
Email: cs@spppolymer.com
Website: www.spppolymer.com
SPP Polymer Ltd IPO Registrar
SPP Polymer Ltd IPO Lead Manager(s)
- Interactive Financial Services Ltd
How to Check the Allotment Status of SPP Polymer Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “SPP Polymer Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About SPP Polymer Ltd IPO
SPP Polymer Limited was originally incorporated dated August 17, 2004 as 'S.P.P. Food Products Private Limited' as a Private Limited Company vide Certificate of Incorporation dated August 27, 2004, issued by the Registrar of Companies, N.C.T. of Delhi & Haryana. Name of the Company was changed to 'SPP Polymer Private Limited' dated May 12, 2023. Thereafter, it got converted into Public Company and the name was changed to 'SPP Polymer Limited' and a fresh Certificate of Incorporation dated September 20, 2023 was issued by the Registrar of Companies, Delhi.
