Sati Poly IPO

Sati Poly Plast Ltd

₹1,23,000 /1000 sharesMinimum Investment

Sati Poly IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹130.00₹247.00₹117.00 (90.00%)

Sati Poly IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
12 Jul ‘24 - 16 Jul ‘24₹1,23,0001,000₹123 - ₹130
Issue SizeIPO Doc
17.36Cr
RHP PDF

About Sati Poly

Sati Poly Plast is a manufacturer of flexible packaging materials. The company provides solutions for flexible packaging requirements and operates two manufacturing units located in Noida. The company’s product range includes packaging solutions for food and beverages, such as salty snacks, snack bars, dry fruits, confectionery, and dry foods. Sati Poly Plast uses materials like polyethylene terephthalate, biaxially oriented polypropylene, polythene, cast polypropylene, foil, paper, and biodegradable films in the manufacturing process. Sati Poly Plast has installed an automated machine with auto gauge control. The company is currently working with clients such as Pidilite, Adani Wilmar, and JVL. Additionally, the company is producing vacuum bags for cashews.;
Founded in
1999
Managing director
Mr. Balmukund Jhunjhunwala
Parent organisation
Sati Poly Plast Ltd

Strengths & Financials of Sati Poly

Strengths
Risks
Sati Poly Plast holds ISO 9001:2015 certification for quality, ISO 22000:2018 for food safety management, and ISO 45001:2018 for occupational health and safety management.
The company has witnessed a consistent increase in its revenue from operations and profit after tax (PAT). The former grew from Rs 125.76 crore in FY21 to Rs 175.16 crore in FY22 and to Rs 190.92 crore in FY23. In PAT, the company swung from a loss of Rs 0.18 crore in FY21 to a profit of Rs 0.28 crore in FY22 and further to Rs 3.09 crore in FY23.
The company’s facilities are equipped to handle end-to-end manufacturing processes, from product design to the production of finished goods.
The company is currently working with big names like Pidilite and Adani Wilmar.

Sati Poly Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Sati Poly IPO

Apply asPrice bandApply upto
Regular123 - 130₹2 Lakh
High Networth Individual123 - 130₹2 - 5 Lakh
For Sati Poly IPO, eligible investors can apply as Regular.
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