SPP Polymers IPO
SPP Polymer Ltd
₹1,18,000 /2000 sharesMinimum Investment
SPP Polymers IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
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-- | ₹59.00 | ₹63.00 | ₹4.00 (6.78%) |
SPP Polymers IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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10 Sep ‘24 - 12 Sep ‘24 | ₹1,18,000 | 2,000 | ₹59 - ₹59 |
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.;
Managing director
Mr. Dipak Goyal
Parent organisation
SPP Polymer Ltd
Strengths & Financials of SPP Polymers
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
Application Details of SPP Polymers IPO
Apply as | Price band | Apply upto |
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Regular | ₹59 - 59 | ₹2 Lakh |
High Networth Individual | ₹59 - 59 | ₹2 - 5 Lakh |
For SPP Polymers IPO, eligible investors can apply as Regular.