SPP Polymer Limited

  • Minimum Investment
    ₹1,18,000
  • Price Range
    ₹59 - ₹59
  • Issue Size
    ₹24.49 Cr
  • Lot Size
    2000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Repayment of loan.

Working capital requirement.

General corporate purpose.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of SPP Polymer Limited

Product portfolio

The company believes that offering a diverse range of products and customizing them to meet customer requirements allows it to address the varied needs of different customer segments

Long-standing customer relationship

The company typically avoids long-term agreements with customers but has built enduring relationships, with some clients staying for over five years. It has successfully retained many customers due to strong connections and diverse product applications

Quality assurance

The company’s testing laboratory is fully equipped to test both raw materials and finished products. It monitors the entire process to ensure consistent product quality

Dependent on third party

The company does not have its own transportation facility and depends on third-party logistics for all stages of its operations, from sourcing products to distribution. Any disruptions in these services could negatively impact operations, business, cash flows, and financial condition

Competitive Industry

The industry in which the company operates is diverse, with competition from both large and small players, which may impact its business operations and financial condition

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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About SPP Polymer Limited

SPP Polymer was incorporated on August 27, 2004. The company manufactures HDPE/PP woven fabric and bags, non-woven fabrics and bags, and PP multifilament yarn. It provides packaging solutions to B2B manufacturers across various industries, including cement, chemicals, food grains, sugars, polymers, and agriculture, for bulk packaging of goods.
  • Promoter
    Mahavir Bahety
  • Promoter
    Liladhar Mundhara
  • Promoter
    Dipak Goyal
  • Promoter
    Asharam Bahety

SPP Polymer Limited IPO FAQs

What is SPP Polymer Limited IPO?

SPP Polymer Limited IPO refers to the initial public offering of shares by SPP Polymer Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of SPP Polymer Limited IPO?

For SPP Polymer Limited IPO the issue size is ₹24 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the SPP Polymer Limited IPO?

For SPP Polymer Limited IPO the minimum investment is ₹1,18,000. The minimum investment for SPP Polymer Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of SPP Polymer Limited IPO?

For SPP Polymer Limited IPO the lot size is 2000 shares. The lot size of SPP Polymer Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for SPP Polymer Limited IPO on Share.Market?

To apply for SPP Polymer Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the SPP Polymer Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for SPP Polymer Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for SPP Polymer Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of SPP Polymer Limited IPO?

For SPP Polymer Limited IPO the allotment date is September 13, 2024. The allotment date of SPP Polymer Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of SPP Polymer Limited IPO?

For SPP Polymer Limited IPO, the subscription opens on September 10, 2024 and closes on September 12, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
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Total Subscription
38.96x Oversubscribed