Sati Poly Plast Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 632,000 (47%) | — | ₹822 Cr |
| NII (HNI) | — | 190,000 (14%) | — | ₹247 Cr |
| Retail | — | 443,000 (33%) | — | ₹576 Cr |
| Market Maker | — | 70,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 1,335,000 (100%) | — | ₹17,355 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹130,000 |
| Retail (Max) | 13 | 13,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,710,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 17,941 | 19,097 | 17,522 |
| Profit After Tax | 329 | 309 | 28 |
| Net Worth | 1,230 | 398 | 89 |
| Total Assets | 5,638 | 4,194 | 3,579 |
| Reserves & Surplus | 869 | 291 | -18 |
| Total Borrowing | 2,520 | 2,631 | 2,359 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirements . –
- General Corporate Purposes –
Company Overview
Incorporated in July 1999, Sati Poly Plast Limited manufactures multifunctional flexible packaging materials that meet the packaging needs of various industries.
The company has set up two manufacturing units. Plant 1 is located in Gautam Budh Nagar, Noida, and can produce 540 tons per month. Plant 2 is situated in Udhyog Kendra, Noida, and has an installed capacity of 540 tons per month.
The company has steadily increased its installed capacity from 250 tonnes per month to 500 tonnes per month between 2018 and 2019.
The company supplies its packaging material to states such as Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu Delhi. Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab and Rajasthan.
The company's clients include Pidilite, Adani Wilmar and JVL.
As of March 31, 2024, the company has a total of 135 on roll Employees.