SPP Polymers IPO

SPP Polymer Ltd

₹1,18,000 /2000 sharesMinimum Investment

SPP Polymers IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹59.00₹63.00₹4.00 (6.78%)

SPP Polymers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
10 Sep ‘24 - 12 Sep ‘24₹1,18,0002,000₹59 - ₹59
Issue SizeIPO Doc
24.49Cr
RHP PDF

About SPP Polymers

SPP Polymers is a manufacturer of high-density polyethylene (HDPE) / polypropylene (PP) woven fabrics and bags, non-woven fabrics and bags, and PP multifilament yarn. The company provides packaging solutions primarily for business-to-business (B2B) manufacturers across different industries, including cement, chemicals, food grains, sugar, polymers, and agriculture. The company has a manufacturing facility in Uttarakhand.;
Founded in
2004
Managing director
Mr. Dipak Goyal
Parent organisation
SPP Polymer Ltd

Strengths & Financials of SPP Polymers

Strengths
Risks
SPP Polymers has a 9001:2015 certification for quality management systems, ISO 45001:2018 certification for occupational health and safety management systems, and SA 8000:2014 certification for environmental management systems.
The company has an in-house quality testing laboratory and claims to comply with international standards throughout every stage of production.
The company has seen a consistent increase in profit after tax (PAT). PAT increased from Rs 0.28 crore in FY22 to Rs 0.54 crore in FY23 to Rs 0.99 crore in FY24.

SPP Polymers Financials

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

Application Details of SPP Polymers IPO

Apply asPrice bandApply upto
Regular59 - 59₹2 Lakh
High Networth Individual59 - 59₹2 - 5 Lakh
For SPP Polymers IPO, eligible investors can apply as Regular.