| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹24.49 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹24.49 Cr |
| Fresh Issue | ₹23.25 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน59.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SPPPOLY |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Interactive Financial Services 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: 2,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment of Loan | 7.75 |
| 2 | Working capital requirement | 9.87 |
| 3 | General Corporate Purpose | 5.87 |
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 76.19 | 70.92 | 54.18 | 38.22 |
| Total Income | 28.96 | 93.81 | 66.77 | 80.78 |
| Profit After Tax | 0.91 | 0.99 | 0.54 | 0.28 |
| NET Worth | 25.92 | 25.00 | 24.34 | 19.72 |
| Reserves and Surplus | 15.00 | 14.09 | 21.53 | 16.97 |
| Total Borrowing | 18.72 | 18.98 | 22.15 | 12.62 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 8.01% |
| ROCE | 4.27% |
| Debt / Equity | 0.71% |
| RoNW | 3.98% |
| PAT Margin | 1.08% |
| Price to Book Value | 2.65 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 0.88 | 2.37 |
| P/E (x) | 66.72 | 24.86 |
| Promoter Holding | 94.99% | 69.37% |
| Market Cap | โน90.81 Cr. | |