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SPP Polymer Ltd.

SPP Polymer Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹59
₹59
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹59
Based on GMP
Min. Investment
₹118,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 Sep 2024
Close Date
12 Sep 2024
Allotment
13 Sep 2024
Listing Date
17 Sep 2024
Exchange
NSE SME
Price Band
₹59
Listing Price
See chart
Allotment Status
Price Band
₹59
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
41,50,000 shares (aggregating up to ₹24.49 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹118,000
1 lot
Pre-IPO Holding
1,12,41,160 shares
Promoters
Post-IPO Holding
1,53,91,160 shares
Promoters
P/E (Pre)
66.72x
 
P/E (Post)
24.86x
 
EPS (Pre)
₹0.88
 
EPS (Post)
₹2.37
 
UPI Deadline
2024-09-12
Mandate
Anchor AllotmentMon, 09 Sep 2024
Basis of AllotmentFri, 13 Sep 2024
Refund InitiationMon, 16 Sep 2024
Demat CreditMon, 16 Sep 2024
Listing DayTue, 17 Sep 2024
UPI Mandate Deadline2024-09-12
Sale TypeFresh Capital
Net Offer to Public39,40,000 shares (aggregating up to ₹23.25 Cr)
Market Maker Quota2,10,000 shares (aggregating up to ₹1.24 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
SPP Polymer Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Sep 2024.
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
210,000
₹1.24
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,150,000
100% ₹24.49
IPO Shares Offered
SPP Polymer Ltd. IPO total issue size: ₹24.49 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 210,000 ₹1.24
5.06%
Total 4,150,000 ₹24.49
100.00%
* Based on upper price band ₹59 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹59.00
Upper Band
Min Investment
₹118,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹236,000
Retail (Max — 13 Lots)1326,000₹1,534,000
S-HNI (Min — 14 Lots)1428,000₹1,652,000
B-HNI (Min — 68 Lots)68136,000₹8,024,000
* Issue Price ₹59 × Lot Size 2,000 shares
IPO Schedule
Anchor
09 Sep 2024
✓ Done
IPO Open
10 Sep 2024
✓ Done
IPO Close
12 Sep 2024
✓ Done
Allotment
13 Sep 2024
✓ Done
Refunds
16 Sep 2024
✓ Done
Demat Credit
16 Sep 2024
✓ Done
Listing Day
17 Sep 2024
✓ Done
SPP Polymer Ltd. — Live Price LIVE
₹59.00
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Issue ₹59.00 Live Price
About SPP Polymer Ltd.
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 FabricHDPE/PP Woven BagsNon-woven FabricNon -woven BagsMultifilament PP YarnThe 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.
Objects of the Issue
1
Repayment of Loan
2
Working capital requirement
3
General corporate purposes1
SPP Polymer Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹6,677.5
31 Mar 2023
₹9,381.3
31 Mar 2024
₹2,895.9
30 Jun 2024
Profit After Tax (PAT)
₹54.4
31 Mar 2023
₹99.4
31 Mar 2024
₹91.3
30 Jun 2024
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 2895.85 9381.29 6677.47
EBITDA N/A N/A N/A
Profit After Tax (PAT) 91.33 99.40 54.42
Net Worth 2591.64 2500.30 2433.64
Total Assets 7619.39 7091.89 5417.98
Reserves & Surplus 1500.27 1408.93 2152.61
Borrowings 1871.94 1897.82 2215.18
EBITDA Margin (%) N/A
PAT Margin (%) 1.08%
P/BV Ratio
2.65
RoE
8.01%
RoCE
4.27%
RoNW
3.98%
PAT Margin
1.08%
Debt/Equity
0.71
Issue Structure & Shareholding
Total Shares Offered41,50,000 (100.00%)
Net Offer to Public39,40,000 shares (aggregating up to ₹23.25 Cr)
Reserved for Market Maker2,10,000 shares (aggregating up to ₹1.24 Cr)
Pre-Issue Promoter Holding1,12,41,160 shares
Post-Issue Promoter Holding1,53,91,160 shares
P/BV Ratio2.65
RoE8.01%
RoCE4.27%
Debt / Equity0.71
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Interactive 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 SPP Polymer Ltd. IPO subscribed?

SPP Polymer Ltd. IPO is subscribed 1.00 times by Sep 12, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is SPP Polymer Ltd. IPO retail subscription status?

The SPP Polymer Ltd. IPO retail category is subscribed 1.00 times as of 12 Sep 2024. The retail portion is oversubscribed.

How to subscribe SPP Polymer Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 Sep 2024 and closes 12 Sep 2024. Min investment: ₹118,000 (1 lot = 2,000 shares). UPI mandate: 2024-09-12.

How many times SPP Polymer Ltd. IPO subscribed?

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

How to check SPP Polymer 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: 13 Sep 2024. Refunds: on 16 Sep 2024.

When SPP Polymer Ltd. IPO will be listed?

The SPP Polymer Ltd. IPO listing date is 17 Sep 2024, Tuesday. Listed on: NSE SME. Issue price: ₹59. Estimated listing: ₹59. GMP: NIL.

When SPP Polymer Ltd. IPO close?

The SPP Polymer Ltd. IPO closes on 12 Sep 2024, Thursday. UPI mandate: 2024-09-12. Allotment: 13 Sep 2024. Listing: 17 Sep 2024.