Sati Poly Plast Limited IPO

NSE SME

Listed On: Jul 22, 2024 at ₹ 247.0

₹ 130000 /1000 Shares

Check Allotment

Sati Poly Plast Limited IPO Details

12 Jul, 2024

Open Date

16 Jul, 2024

Close Date

18 Jul, 2024

Allotment Date

22 Jul, 2024

Listing Date

Issue Price

₹123-130 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

247.0

Listing Date

2024-07-22

Market Lot

1000 Shares (₹130,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

1,335,000 shares(aggregating up to ₹17.36 Cr)

Retail Portion

35%

Subscription

499.21 times

IPO Docs

DRHP RHP

The IPO of Sati Poly Plast Limited is priced at ₹123-130 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Link Intime India Private Ltd is the registrar of the issue.

Sati Poly Plast Limited IPO bid opening date is from Jul 12, 2024 and the bid closing date was Jul 16, 2024.
Sati Poly Plast Limited IPO allotment result will be available on Jul 18, 2024. The tentative listing date for Sati Poly Plast Limited is Jul 22, 2024.

The total issue size is 1,335,000 shares(aggregating up to ₹17.36 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	253,000 / 190,000	443,000	886,000
Day 1 - 12-07-24 06:00 PM	0.00 / 14.93 x	38.15 x	22.28 x
Day 2 - 15-07-24 06:00 PM	0.02 / 127.93 x	228.16 x	141.52 x
Day 3 - 16-07-24 06:00 PM	146.00 / 569.88 x	670.62 x	499.21 x

Total No. of Applications: 2,97,083 (Approx)

Sati Poly Plast Limited Valuations

EPS Pre IPO

₹9.1/-

EPS Post IPO

₹6.64/-

P/E Pre IPO

14.29

P/E Post IPO

19.57

ROE

40.38%

ROCE

20.45%

Debt/Equity

1.82

RoNW

26.71%

PAT Margin

1.83

Price to Book Value

3.58

Sati Poly Plast Limited Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	5,637.57	4,194.08	3,578.70
Revenue	17,940.98	19,096.69	17,522.39
Profit After Tax	328.64	308.89	28.23
Net Worth	1,230.28	397.64	88.75
Reserves & Surplus	869.08	291.24	-17.65
Total Borrowing	2,520.14	2,630.50	2,358.89

About The Company

Sati Poly Plast Limited is a multifunctional flexible packaging material manufacturing company incorporated in July 1999, which caters to the packaging needs of various industries.

The company has established two manufacturing units. Plant 1 is located at Gautam Budh Nagar, Noida, and has an installed capacity of 540 tons per month. Plant 2 is located at Udhyog Kendra, Noida, and also has an installed capacity of 540 tons per month.Between 2018 and 2019, the company continually increased its installed capacity from 250 tonnes per month to 500 tonnes per month.The company provides packaging material to the states of Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli, Daman and Diu, and Delhi. Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab, and Rajasthan.

It has clients who include Pidilite, Adani Wilmar, and JVL.

The total number of employees on roll by the company on March 31, 2024, stands at 135.

Sati Poly Plast Limited - Promoter(s)

Pre Issue Share Holding: 86.30%

Post Issue Share Holding: 63.00%

Company Promoter(s)

almukund Jhunjhunwala, Anita Jhunjhunwala, Aditya Jhunjhunwala, Keshav Jhunjhunwala and Balmukund Jhunjhunwala HUF.

Sati Poly Plast Limited IPO - Issue Objectives

Working Capital Requirements.
General Corporate Purposes

Other Details

Company Contact Details

Sati Poly Plast Limited

D.N. Singh Road, Bhagalpur 812 002

Phone: +91 98181 04164

Email: satipolyplast1@gmail.com

Website: https://www.satipolyplast.in/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: satipoly.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Sati Poly Plast Limited IPO - FAQs

Ans. Sati Poly Plast Limited IPO is a SME IPO. The issue is priced at ₹123-130 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jul 12, 2024, and closes on Jul 16, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Sati Poly Plast Limited IPO opens on Jul 12, 2024 and closes on Jul 16, 2024.

Ans. The size of Sati Poly Plast Limited IPO is 1,335,000 shares(aggregating up to ₹17.36 Cr).

Ans. The IPO price band is set between ₹123-130 per equity share.

Ans. To apply for Sati Poly Plast Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sati Poly Plast Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Sati Poly Plast Limited IPO is Jul 18, 2024.

Ans. The Sati Poly Plast Limited IPO will be listed on Jul 22, 2024.

Ans. Follow the steps to check the allotment status for Sati Poly Plast Limited IPO here.