| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹17.36 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹17.36 Cr |
| Fresh Issue | ₹16.45 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน123.00-130.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SATIPOLY |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 11.00 |
| 2 | General Corporate Purposes | 3.56 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 56.38 | 41.94 | 35.79 |
| Total Income | 179.41 | 190.97 | 175.22 |
| Profit After Tax | 3.29 | 3.09 | 0.28 |
| NET Worth | 12.30 | 3.98 | 0.89 |
| Reserves and Surplus | 8.69 | 2.91 | -0.18 |
| Total Borrowing | 25.20 | 26.31 | 23.59 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 40.38% |
| ROCE | 20.45% |
| Debt / Equity | 1.82% |
| RoNW | 26.71% |
| PAT Margin | 1.83% |
| Price to Book Value | 3.58 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 9.10 | 6.64 |
| P/E (x) | 14.29 | 19.57 |
| Promoter Holding | 86.29% | 63% |
| Market Cap | โน64.31 Cr. | |