SPP Polymer Limited
SPP Polymer IPO bidding started from Sep 10, 2024 and ended on Sep 12, 2024. The allotment for SPP Polymer IPO was finalized on Sep 13, 2024. The shares got listed on NSE on Sep 17, 2024.
SPP Polymer IPO price band is set at ₹0 to ₹59 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to SPP Polymer IPO RHP for detailed information.
IPO date
Sep 10,2024 - Sep 12,2024
Listing Date
Sep 17,2024
Face value
₹10
Price Band
0₹59 per share
Lot
₹2000 Shares
Total Issue Size
41.50 Lakh (41,50,000)
aggregating up to ₹24.48 Cr (24,48,50,000)
Fresh Issue
41.50 Lakh (41,50,000)
aggregating up to ₹24.48 Cr (24,48,50,000)
Issue Type
Fixed Price
IPO Type
Listing At
NSE
Tue, Sep 10, 2024
IPO Open
Thu, Sep 12, 2024
IPO Close
Fri, Sep 13, 2024
Basis of Allotment
Mon, Sep 16, 2024
Initiation of Refunds
Mon, Sep 16, 2024
Credit of Shares to Demat
Tue, Sep 17, 2024
Listing
SPP Polymer IPO last GMP is ₹15, last updated Sep 16,2024. With the price band of 59.00, SPP Polymer IPO 's estimated listing price is ₹74 (cap price + today's GMP).The expected percentage gain/loss per share is 25.42%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
16-Sep-24 | 59.00 | 15 | 74(25.42%) | 16-Sep-2024 15:57 |
15-Sep-24 | 59.00 | 15 | 74(25.42%) | 15-Sep-2024 23:31 |
14-Sep-24 | 59.00 | 15 | 74(25.42%) | 14-Sep-2024 23:24 |
13-Sep-24 | 59.00 | 15 | 74(25.42%) | 13-Sep-2024 23:28 |
12-Sep-24 | 59.00 | 15 | 74(25.42%) | 12-Sep-2024 23:24 |
11-Sep-24 | 59.00 | 15 | 74(25.42%) | 11-Sep-2024 23:29 |
10-Sep-24 | 59.00 | 15 | 74(25.42%) | 10-Sep-2024 23:32 |
09-Sep-24 | 59.00 | 25 | 84(42.37%) | 9-Sep-2024 23:29 |
08-Sep-24 | 59.00 | 25 | 84(42.37%) | 8-Sep-2024 23:30 |
07-Sep-24 | 59.00 | 25 | 84(42.37%) | 7-Sep-2024 23:24 |
06-Sep-24 | 59.00 | 25 | 84(42.37%) | 6-Sep-2024 23:32 |
05-Sep-24 | 59.00 | 0 | 59(0.00%) | 5-Sep-2024 23:25 |
04-Sep-24 | 59.00 | 0 | 59(0.00%) | 4-Sep-2024 23:28 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 2,000 | ₹1.18 Lakh (1,18,000) |
Retail(Max) | 1 | 2,000 | ₹1.18 Lakh (1,18,000) |
HNI(Min) | 2 | 4,000 | ₹2.36 Lakh (2,36,000) |
Investor Category | Shares Offered |
---|---|
Offered to RII | 19.70 Lakh (19,70,000) |
Offered to Others | 19.70 Lakh (19,70,000) |
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
The 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 Limited
Bearing No DPT212, DLF Prime Tower
Okhla Industrial Estate, Phase 1
New Delhi-110020
Phone: +91 91 594429775
Email: [email protected]
Website: http://www.spppolymer.com/
The promoters of the company are Dipak Goyal, Mahavir Bahety, Liladhar Mundhara and Asha Ram Bahety.