SPP Polymer Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,970,000 (47%) | — | ₹1,162 Cr |
| Retail | — | 1,970,000 (47%) | — | ₹1,162 Cr |
| Market Maker | — | 210,000 (5%) | — | ₹12 Cr |
| Σ Total | — | 4,150,000 (100%) | — | ₹24,485 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 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,652,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,906,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 2,896 | 9,381 | 6,677 |
| Profit After Tax | 91 | 99 | 54 |
| Net Worth | 2,592 | 2,500 | 2,434 |
| Total Assets | 7,619 | 7,092 | 5,418 |
| Reserves & Surplus | 1,500 | 1,409 | 2,153 |
| Total Borrowing | 1,872 | 1,898 | 2,215 |
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
- Repayment of Loan –
- Working capital requirement –
- General corporate purposes1 –
Company Overview
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 Fabric
- HDPE/PP Woven Bags
- Non-woven Fabric
- Non -woven Bags
- Multifilament PP Yarn
The 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.