Sati Poly Plast Limited IPO
NSE SMEListed On: Jul 22, 2024 at ₹ 247.0
₹ 130000 /1000 Shares
Check Allotment12 Jul, 2024
Open Date16 Jul, 2024
Close Date18 Jul, 2024
Allotment Date22 Jul, 2024
Listing DateIssue Price
₹123-130 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
247.0Listing Date
2024-07-22Market Lot
1000 Shares (₹130,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
1,335,000 shares(aggregating up to ₹17.36 Cr)Retail Portion
35%Subscription
499.21 timesSati Poly Plast Limited IPO Details
Sati Poly Plast Limited IPO is an SME IPO, priced at ₹123-130 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 13,35,000 equity shares, aggregating up to ₹17.36 crores..
The IPO bidding window is open from Jul 12, 2024 to Jul 16, 2024. The allotment is expected to be finalized on Jul 18, 2024, and the tentative listing date is Jul 22, 2024.
The minimum lot size for retail investors is 1000 shares, with a minimum investment of ₹1,30,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,60,000.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
Sati Poly Plast Limited IPO Subscription Details
| 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 |
Sati Poly Plast Limited Valuations
EPS Pre IPO
₹9.1/-EPS Post IPO
₹6.64/-P/E Pre IPO
14.29P/E Post IPO
19.57ROE
40.38%ROCE
20.45%Debt/Equity
1.82RoNW
26.71%PAT Margin
1.83Price to Book Value
3.58Sati 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%
- 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
Sati Poly Plast Limited
D.N. Singh Road, Bhagalpur 812 002Link 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.
