Issue Price
₹130
Per Share
GMP
NIL
Grey Market
Est. Listing
₹130
Expected Price
Min. Application
₹260,000
2 lots × 1000 shares
Incorporated in July 1999, Sati Poly Plast Limited manufactures multifunctional flexible packaging materials that meet the packaging needs of various industries.The company has set up two manufacturing units. Plant 1 is located in Gautam Budh Nagar, Noida, and can produce 540 tons per month. Plant 2 is situated in Udhyog Kendra, Noida, and has an installed capacity of 540 tons per month.The company has steadily increased its installed capacity from 250 tonnes per month to 500 tonnes per month between 2018 and 2019.The company supplies its packaging material to states such as Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu Delhi. Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab and Rajasthan.The company's clients include Pidilite, Adani Wilmar and JVL.As of March 31, 2024, the company has a total of 135 on roll Employees.
Sati Poly Plast Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 70,000 | — | ₹0.91 Cr | — |
| TOTAL | 1,335,000 | 100.00% | ₹17.36 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹130,000 |
| Retail (Max) | 13 | 13,000 | ₹1,690,000 |
| sNII (Min) | 14 | 14,000 | ₹1,820,000 |
| bNII (Min) | 68 | 68,000 | ₹8,840,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 17940.98 | 19096.69 | 17522.39 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 328.64 | 308.89 | 28.23 |
| Net Worth | 1230.28 | 397.64 | 88.75 |
| Total Assets | 5637.57 | 4194.08 | 3578.70 |
| Reserves & Surplus | 869.08 | 291.24 | -17.65 |
| Total Borrowings | 2520.14 | 2630.50 | 2358.89 |