Command Polymers Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

17 Mar 2023

Close Date

21 Mar 2023

Allotment

24 Mar 2023

Listing Date

29 Mar 2023

Exchange

BSE SME

Price Band

₹28

Listing Price

See chart

Allotment Status

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Price Band

₹28

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

25,32,000 shares (aggregating up to ₹7.09 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹112,000

1 lot

Pre-IPO Holding

68,44,700 shares

Promoters

Post-IPO Holding

93,76,700 shares

Promoters

P/E (Pre)

121.74x

UPI Deadline

2023-03-21

Mandate

Anchor AllotmentThu, 16 Mar 2023

Basis of AllotmentFri, 24 Mar 2023

Refund InitiationMon, 27 Mar 2023

Demat CreditTue, 28 Mar 2023

Listing DayWed, 29 Mar 2023

UPI Mandate Deadline2023-03-21

Sale TypeFresh Capital

Net Offer to Public24,00,000 shares (aggregating up to ₹6.72 Cr)

Market Maker Quota1,32,000 shares (aggregating up to ₹0.3696 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Command Polymers Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Mar 2023.

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	132,000	—	₹0.37
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,532,000	100%	₹7.09

IPO Shares Offered

Command Polymers Ltd IPO total issue size: ₹7.09 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	132,000	₹0.37	5.21%
Total	2,532,000	₹7.09	100.00%

* Based on upper price band ₹28 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹28.00

Upper Band

Min Investment

₹112,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹224,000
Retail (Max — 13 Lots)	13	52,000	₹1,456,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,568,000
B-HNI (Min — 68 Lots)	68	272,000	₹7,616,000

* Issue Price ₹28 × Lot Size 4,000 shares

IPO Schedule

Anchor

16 Mar 2023

✓ Done

IPO Open

17 Mar 2023

✓ Done

IPO Close

21 Mar 2023

✓ Done

Allotment

24 Mar 2023

✓ Done

Refunds

27 Mar 2023

✓ Done

Demat Credit

28 Mar 2023

✓ Done

Listing Day

29 Mar 2023

✓ Done

₹28.00

INR · BSE

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Issue ₹28.00 Live Price

About Command Polymers Ltd

Incorporated in 1998, Command Polymers Limited is in the business of Marketing and Manufacturing Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.The products of Command Polymers have a wide variety of applications in industries like Industrial packaging industries, Food industry, etc. With its versatility and scale, the company is able to serve multiple types of industries and its scope is continuously growing.The company primarily engages in manufacturing and trading. Its revenue is generated in the proportion of 67% and 33% from these activities, respectively.The manufacturing facility of Command Polymers Limited is situated in District 24 Parganas (South). The facility is well-equipped with all the necessary machinery and tools required for an efficient and smooth manufacturing process and easy logistics.The competitive strengths of the company are:Experienced Management TeamExisting relationships with suppliersQuality AssuranceSmooth flow of operationsScalable Business ModelOur Product enables us to serve diversified industries

Objects of the Issue

Funding Working capital requirements;

Repayment of Loans

General Corporate Purpose

Command Polymers Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹1,636.8

31-Mar-21

₹1,948.5

31-Mar-22

₹1,460.2

31-Dec-22

Profit After Tax (PAT)

₹19.6

31-Mar-21

₹30.0

31-Mar-22

₹16.2

31-Dec-22

Particulars	31-Dec-22	31-Mar-22	31-Mar-21
Revenue from Operations	1460.15	1948.50	1636.76
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	16.16	30.02	19.64
Net Worth	978.56	962.39	932.37
Total Assets	2225.23	1889.12	2252.48
Reserves & Surplus	294.09	277.92	247.90
Borrowings	661.04	685.14	514.25
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered25,32,000 (100.00%)

Net Offer to Public24,00,000 shares (aggregating up to ₹6.72 Cr)

Reserved for Market Maker1,32,000 shares (aggregating up to ₹0.3696 Cr)

Pre-Issue Promoter Holding68,44,700 shares

Post-Issue Promoter Holding93,76,700 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

cpl.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Aryaman 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 Command Polymers Ltd IPO subscribed? ▲

Command Polymers Ltd IPO is subscribed 1.00 times by Mar 21, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Command Polymers Ltd IPO retail subscription status? ▼

The Command Polymers Ltd IPO retail category is subscribed 1.00 times as of 21 Mar 2023. The retail portion is oversubscribed.

How to subscribe Command Polymers Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 17 Mar 2023 and closes 21 Mar 2023. Min investment: ₹112,000 (1 lot = 4,000 shares). UPI mandate: 2023-03-21.

How many times Command Polymers Ltd IPO subscribed? ▼

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

How to check Command Polymers 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: 24 Mar 2023. Refunds: on 27 Mar 2023.

When Command Polymers Ltd IPO will be listed? ▼

The Command Polymers Ltd IPO listing date is 29 Mar 2023, Wednesday. Listed on: BSE SME. Issue price: ₹28. Estimated listing: ₹28. GMP: NIL.

When Command Polymers Ltd IPO close? ▼

The Command Polymers Ltd IPO closes on 21 Mar 2023, Tuesday. UPI mandate: 2023-03-21. Allotment: 24 Mar 2023. Listing: 29 Mar 2023.

Quick Actions

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Live Price LIVE

Last Price₹28.00

Change—

Issue Price₹28.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹28

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹112,000

GMPNIL

Est. Listing₹28

Subscribed1.00x

Open Date17 Mar 2023

Close Date21 Mar 2023

Allotment24 Mar 2023

Listing Date29 Mar 2023

ExchangeBSE SME

UPI Deadline2023-03-21