IPO Issue Details
Issue Price / Price Band₹28 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size25,32,000 shares (aggregating up to ₹7.09 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 17 Mar 2023
Subscription CloseTue, 21 Mar 2023
Anchor AllotmentThu, 16 Mar 2023
Basis of AllotmentFri, 24 Mar 2023
Initiation of RefundsMon, 27 Mar 2023
Credit of Shares to DematTue, 28 Mar 2023
Listing DateWed, 29 Mar 2023
UPI Mandate Deadline2023-03-21
Application & Investment Details
Retail — Min (1 Lots)₹1,12,000 — 4000 shares
Retail — Max (13 Lots)₹1,456,000 (13 Lots)
HNI — Min (2 Lots)₹2,24,000 — 8,000 shares
P/E Ratio (Pre-IPO)121.74x
Net Offer to Public24,00,000 shares (aggregating up to ₹6.72 Cr)
Reserved for Market Maker1,32,000 shares (aggregating up to ₹0.3696 Cr)
Pre-IPO Promoter Holding68,44,700 shares
Post-IPO Promoter Holding93,76,700 shares
About Command Polymers Ltd
Incorporated in 1998, Command Polymers Limited is in the business of Marketing and Manufacturing Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.The products of Command Polymers have a wide variety of applications in industries like Industrial packaging industries, Food industry, etc. With its versatility and scale, the company is able to serve multiple types of industries and its scope is continuously growing.The company primarily engages in manufacturing and trading. Its revenue is generated in the proportion of 67% and 33% from these activities, respectively.The manufacturing facility of Command Polymers Limited is situated in District 24 Parganas (South). The facility is well-equipped with all the necessary machinery and tools required for an efficient and smooth manufacturing process and easy logistics.The competitive strengths of the company are:Experienced Management TeamExisting relationships with suppliersQuality AssuranceSmooth flow of operationsScalable Business ModelOur Product enables us to serve diversified industries
Objects of the Issue
Command Polymers Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding Working capital requirements;
4.14
3
General Corporate Purpose
0.64
Shareholding & Lock-in
Pre-IPO Promoter Holding
68,44,700 shares
Post-IPO Promoter Holding
93,76,700 shares