Sati Poly Plast Limited IPO

Sati Poly Plast Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹123–₹130 per share. The stock debuted at ₹247, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,30,000.

Sati Poly Plast Limited IPO

NSE SME Listed
₹1,30,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 12, 2024 – Jul 16, 2024
Price band
₹123-130 per equity share
Minimum Investment
₹1,30,000
Issue size
₹17.36 Cr
Lot size
1000
Allotment Date
Jul 18, 2024
Listing
Jul 22, 2024
Listing At
NSE SME

IPO timeline

  1. Jul 12, 2024

    Open Date

    Completed

  2. Jul 16, 2024

    Close Date

    Completed

  3. Jul 18, 2024

    Allotment Date

    Completed

  4. Jul 22, 2024

    Listing Date

    Completed

Sati Poly Plast Limited IPO Essentials

Sati Poly Plast Limited IPO Details

Sati Poly Plast Limited IPO is priced at ₹123-130 per share with a total issue size of 17.36 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.

Issue price
₹123-130 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
1,335,000 shares(aggregating up to ₹17.36 Cr)
Total issue size
13,35,000 shares
(aggregating up to ₹17.36 crore)
Fresh issue
13,35,000 shares
(aggregating up to ₹17.36 crore)
Listing at
NSE SME
List price
247.0
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Beeline Capital Advisors Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 1000 ₹1,30,000
Retail(max) 1 1000 ₹1,30,000
NII (min) 2 2000 ₹2,60,000

Sati Poly Plast Limited IPO Documents

Sati Poly Plast Limited IPO Reservation

Sati Poly Plast Limited IPO reservation details show category-wise allocation of shares. Out of the total 13,35,000 shares, approximately 18.95% are reserved for QIB, 14.23% for NII, 33.18% for retail investors, 5.24% for market maker, and 28.39% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 3,79,000 (28.39%)
Market Maker Shares Offered 70,000 (5.24%)
QIB Shares Offered 2,53,000 (18.95%)
NII (HNI) Shares Offered 1,90,000 (14.23%)
Retail Shares Offered 4,43,000 (33.18%)
Total Shares Offered 13,35,000 (100%)

Sati Poly Plast Limited IPO Analytics

Sati Poly Plast Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Sati Poly Plast Limited IPO Subscription Status

Sati Poly Plast Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹9.1/-
EPS Post IPO
₹6.64/-
P/E Pre IPO
14.29
P/E Post IPO
19.57

Returns

ROE
40.38%
ROCE
20.45%
RoNW
26.71%
PAT Margin
1.83

Fundamentals

Debt / Equity
1.82
Price / Book
3.58

Data sourced from DRHP / RHP • For educational purposes only

Sati Poly Plast Limited Financials( In Lakhs)

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

Sati Poly Plast Limited Company & Offer Insights

About Sati Poly Plast Limited

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)

almukund Jhunjhunwala, Anita Jhunjhunwala, Aditya Jhunjhunwala, Keshav Jhunjhunwala and Balmukund Jhunjhunwala HUF. are the company's promoters of Sati Poly Plast Limited.

Sati Poly Plast Limited IPO Issue Objectives

Working Capital Requirements.
General Corporate Purposes

Sati Poly Plast Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Sati Poly Plast Limited 9.7 N/A 36.29 14.29 26.71 3.58 Standalone
Sabar Flex India Limited 2.64 N/A 18.99 7.5 13.36 1.04 Standalone
Uma Converter Limited 2.07 N/A 35.74 11.81 5.78 0.68 Standalone

Notes:

  1. P/E Ratio has been computed based on the closing market price of equity shares on the NSE on March 31, 2024, divided by the Diluted EPS.
  2. RoNW is computed as net profit after tax divided by the closing net worth, computed as the sum of share capital, reserves, and surplus.
  3. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.

Contact Information

Contact Details

Sati Poly Plast Limited

+91 98181 04164

satipolyplast1@gmail.com

https://www.satipolyplast.in/

D.N. Singh Road, Bhagalpur 812 002

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Sati Poly Plast Limited IPO is a book-built IPO worth ₹17.36 crore. The price band is ₹123–₹130 per share. The IPO opens on Jul 12, 2024 and closes on Jul 16, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.

The price band of Sati Poly Plast Limited IPO is ₹123 to ₹130 per share.

The lot size of Sati Poly Plast Limited IPO is 1000 shares.

The minimum investment for Sati Poly Plast Limited IPO is approximately ₹1,30,000 based on the upper price band .

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

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

Sati Poly Plast Limited IPO is expected to be listed on Jul 22, 2024, on NSE SME Platform.

Sati Poly Plast Limited IPO valuation snapshot: P/E 19.57, EPS ₹6.64/-, P/B 3.58, RoNW 26.71%, and market cap N/A.

To apply for Sati Poly Plast Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Sati Poly Plast Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Sati Poly Plast Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Sati Poly Plast Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sati Poly Plast Limited IPO allotment status on IPO Ji for quick and easy access.