SPP Polimers Limited (NSE SME)
Sep 10, 2024 - Sep 12, 2024
| Price | ₹59 - ₹59 |
| Premium | ₹15 |
|---|---|
| Lot size | 2000 |
| Allotment | Sep 13, 2024 |
| Listing | Sep 17, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 118000 | 985 |
| HNI | 2 | 4000 | 236000 | 985 |
Last updated on 12-Sep-2024 17:02:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1970000 | 44246000 | 22.46 |
| RETAIL | 1970000 | 117950000 | 59.87 |
| Total | 3940000 | 162196000 | 41.17 |
| Retail Apps | 58975 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹1.78 | @8% ₹2.03 | @9% ₹2.29 | @10% ₹2.54 | @11% ₹2.8 | @12% ₹3.05 |
About
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 1970000 |
| Other | 47.5% | 1970000 |
| Market Maker | 5.06% | 210000 |
| Total No. of Shares | 100.0% | 4150000 |
SPP Polimers IPO Details
| Issue Size | 4,150,000 shares (aggregating up to ₹24.49 Cr) |
| Fresh Issue | 4,150,000 shares (aggregating up to ₹24.49 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 11,241,160 |
| Share holding post issue | 15,391,160 |
| Market Maker portion | 210,000 shares B.N. Rathi Securities |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 8.01% | 4.94% | 3.33% |
| ROCE | 9.13% | 5.45% | 4.04% |
| RONW | 3.98% | 2.24% | 1.42% |
| D/E | 0.75 | 0.91 | 0.64 |
| EPS (basic) | 0.88 | 1.96 | 1.25 |
| P/E Pre IPO | 66.72 | ||
| P/E Post IPO | 24.86 |
Company Financials
SPP Polimers Limited Financial Information (Restated Consolidated)
SPP Polimers Limited's revenue increased by 40% and profit after tax (PAT) rose by 83% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | 30 Jun 2024 | Mar 2024 | Mar 2023 | Mar 2022 | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 7,619.39 | 7,091.89 | 5,417.98 | 3,821.87 | ||||||||||||||||||||||||||||||||||||
| Revenue | 2,895.85 | 9,381.29 | 6,677.47 | 8,077.96 | ||||||||||||||||||||||||||||||||||||
| Profit | 91.33 | 99.4 | 54.42 | 28.01 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 2,591.64 | 2,500.3 | 2,433.64 | 1,971.82 | ||||||||||||||||||||||||||||||||||||
| Reserves | 1,500.27 | 1,408.93 | 2,152.61 | 1,697.22 | ||||||||||||||||||||||||||||||||||||
| Borrowing | 1,871.94 | 1,897.82 | 2,215.18 | 1,262.21 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About Company
Incorporated in 2004 and formerly known as SPP Food Products Private Limited, SPP Polymers Limited is a distinguished manufacturer based in Rudrapur City, Uttarakhand, specializing in HDPE/PP woven and non-woven fabrics, bags, and Multifilament Yarn. The company’s diverse product portfolio includes HDPE/PP Woven Fabric, HDPE/PP Woven Bags, Non-woven Fabric, Non-woven Bags, and Multifilament PP Yarn. With an installed capacity of 12,000 MT for HDPE/PP Woven Fabric and bags, 4,000 MT for Non-woven Fabric, and 300 MT for Multifilament Yarn annually, SPP Polymers Limited offers tailored solutions to meet client specifications. The company is accredited with ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, and SA 8000:2014 certifications, reflecting its commitment to quality, occupational health and safety, and environmental management. Serving industries such as agro-pesticides, cement, chemicals, fertilizers, food products, textiles, ceramics, and steel, SPP Polymers Limited operates with a dedicated team of 4 employees as of December 31, 2024.
Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/