Issue Price
₹59
Per Share
GMP
NIL
Grey Market
Est. Listing
₹59
Expected Price
Min. Application
₹236,000
2 lots × 2000 shares
Incorporated in 2004,SPP Polymers Limited, formerly known as SPP Food Products Private Limited, is a manufacturer of a wide range of HDPE/PP woven fabric and bags, non-woven fabrics and bags, and Multifilament Yarn. The company is located in Rudrapur City, Uttarakhand.The product portfolio comprises the following HDPE/PP woven FabricHDPE/PP Woven BagsNon-woven FabricNon -woven BagsMultifilament PP YarnThe company offers customized solutions according to its clients' specifications. Its installed capacity of HDPE/PP Woven Fabric and bags totals 12000 MT, Non-woven Fabric 4000 MT, and Multifilament Yarn 300 MT per annum.The company has received ISO 9001:2015, 45001:2018, 14001:2015, and SA 8000:2014 accreditation for its quality management system, occupational health and safety management system, and environmental management system.The company's products primarily serve customers in the agro-pesticides, Cement, Chemical, fertilizers, Food Products, Textile, Ceramic, and Steel industries.As of December 31, 2024 the company has 4 employees on its payroll.
SPP Polymer Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 210,000 | — | ₹1.24 Cr | — |
| TOTAL | 4,150,000 | 100.00% | ₹24.49 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| sNII (Min) | 14 | 28,000 | ₹1,652,000 |
| bNII (Min) | 68 | 136,000 | ₹8,024,000 |
| Particulars | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 2895.85 | 9381.29 | 6677.47 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 91.33 | 99.40 | 54.42 |
| Net Worth | 2591.64 | 2500.30 | 2433.64 |
| Total Assets | 7619.39 | 7091.89 | 5417.98 |
| Reserves & Surplus | 1500.27 | 1408.93 | 2152.61 |
| Total Borrowings | 1871.94 | 1897.82 | 2215.18 |