BAJAJ BROKING

Notification
No new Notification messages
One Mobikwik Systems IPO is Open!
Apply for the One Mobikwik Systems IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

SPP Polymer Ltd

Packaging

Offer Period :

10th to 12th Sep 2024

Established in 2004 in Rudrapur, Uttarakhand, SPP Polymers Limited manufactures HDPE/PP woven and non-woven fabrics, bags, and multifilament yarn. With an annual production capacity Read more...of 12,000 MT for woven fabrics, 4,000 MT for non-woven fabrics, and 300 MT for yarn, they offer customized solutions for industries like agro-pesticides, cement, chemicals, and textiles. Certified with ISO accreditations, the company ensures quality and environmental management. As of December 2024, SPP Polymers employs four people. Read less

SPP Polymer Ltd IPO Details

IPO Date 10th to 12th Sep 2024 Minimum Investment ₹118000 / 1 Lots
Listing Date 2024-09-17 Maximum Investment ₹118000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹24.49 Crores
Price ₹59 to ₹59 per share Fresh Issue ₹24.49 Crores
Lot Size 1 Lots (2000 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 10th to 12th Sep 2024
Listing Date 2024-09-17
Face Value ₹10 per share
Price ₹59 to ₹59 per share
Lot Size 1 Lots (2000 Shares)
Listing At NSE-SME
Employee Discount ₹0 per share
Minimum Investment ₹118000 / 1 Lots
Maximum Investment ₹118000 / 1 Lots
Total Issue Size ₹24.49 Crores
Fresh Issue ₹24.49 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

10th Sep

IPO Starts

12th Sep

IPO Ends

13th Sep

Allotment Date

16th Sep

Initiation of Refund

16th Sep

Credit of Shares to Demat Account

17th Sep

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 94.99 69.37
Public Group 5.01 30.63

SPP Polymer Ltd IPO Reservation

QIB Shares Offered 0(0%)
NII (HNI) Shares Offered 1970000(47.47%)
Retail Shares Offered 1970000(47.47%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 4150000
Total Shares With Anchor Investor 4150000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

SPP Polymer Ltd IPO Registrar

KFin Techologies Ltd
Phone Number +91 40 6716 2222
Email Id spppolymer.ipo@kfintech.com
Our Website www.kfintech.com

SPP Polymer Ltd IPO Lead Manager

1. Interactive Financial Services Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

SPP Polymer Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Non Institutional Investors 21,80,000 61,58,000 21,510.0
Retail Individual Investors (RIIs) 19,70,000 4,30,20,000 21,510.0
Total 41,50,000 4,91,78,000 21,510.0

Strength of SPP Polymer Ltd

1. Quality Assurance.

2. Experienced Promoter and Management Team.

3. Our Product portfolio.

4. Diversified customer base and long-standing relationship with our customers.

Risks Involved

1. You will not be able to sell immediately on Indian Stock Exchanges any of the Equity Shares you purchase in the Issue until the Issue receives appropriate trading permissions.

2. The requirements of being a listed company may strain its resources.

3. Any changes in the regulatory framework could adversely affect its operations and growth prospects.

4. Global economic, political and social conditions may harm its ability to do business, increase the company costs and negatively affect its stock price.

5. Civil disturbances, extremities of weather, regional conflicts and other political instability may have adverse effects on its operations and financial performance.

6. The company is subject to risks arising from interest rate fluctuations, which could adversely impact its business, financial condition and operating results.

7. The price of its Equity Shares may be volatile, or an active trading market for the company Equity Shares may not develop.

8. There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.

9. The Issue price of its Equity Shares may not be indicative of the market price of the company Equity Shares after the Issue and the market price of its Equity Shares may decline below the issue price and you may not be able to sell your Equity Shares at or above the Issue Price.

10. Taxes and other levies imposed by the Government of India or other State Governments, as well as other financial policies and regulations, may have a material adverse impact on its business, financial condition and results of operations.

SPP Polymer Limited IPO

SPP Polymer Limited is set to launch its Initial Public Offering (IPO), offering investors an opportunity to partake in the growth of the company. Established in the polymer industry, SPP Polymer Limited specializes in the production and distribution of high-quality polymer products. The IPO will allow the company to raise capital for expanding its operations, exploring new markets, and increasing its manufacturing capacity.

 

The IPO details include the number of shares being offered, the price band, and other critical information related to the company’s financials and future outlook. This IPO presents an attractive option for investors looking to invest in a company that caters to the growing demand for polymers across various industries in India. SPP Polymer Limited’s IPO aligns with its goal to leverage the rising opportunities in the Indian manufacturing sector.

 

With the Indian government pushing for affordable housing and increasing home ownership, the housing finance industry is poised for sustained growth. Bajaj Housing Finance Ltd has carved out a strong presence in this space, consistently delivering strong financial performance. This IPO allows investors to diversify their portfolios with a reliable and well-performing company.

 

Investing in the Bajaj Housing Finance Ltd IPO is a straightforward process that allows investors to tap into the growing housing finance market. With strong financial backing and a reputable presence in the industry, the company offers a stable and promising investment opportunity. Whether you’re looking to diversify your portfolio or capitalize on the housing sector’s growth, this IPO presents an attractive option for both seasoned and first-time investors.

Industry Outlook of SPP Polymer Limited IPO  

  • The polymer industry in India is witnessing significant growth, driven by rising demand in sectors such as packaging, automotive, construction, and electronics.
  • India's growing industrialization and infrastructure development are increasing the demand for high-performance polymers.
  • Government initiatives like Make in India and focus on the Atmanirbhar Bharat campaign have positively impacted the domestic polymer production sector.
  • Increased environmental awareness is pushing for sustainable and biodegradable polymers, giving companies like SPP Polymer Limited opportunities to innovate.
  • Export opportunities are expanding as India becomes a major player in the global polymer market, which can bolster SPP Polymer Limited’s prospects.
  • The Indian polymer industry is expected to grow at a CAGR of 8-10% in the coming years, making the IPO of SPP Polymer Limited an attractive opportunity for long-term investors. 

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

SPP Polymer Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-09-17 92938 SPPPOLY
INE0QR801013
₹59 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹59 ₹59
Open ₹0 ₹63
Low ₹0 ₹59.85
High ₹0 ₹63
Low ₹0 ₹59.85

Frequently Asked Questions

What is SPP Polymer Ltd IPO?

Answer Field

SPP Polymer Ltd IPO is a SME IPO of 41,50,000 equity shares of a face value of ₹10 aggregating up to ₹24.49 Crores. The issue is priced at ₹59 to ₹59 per share. The minimum order quantity is 2000 Shares. The IPO opens on September 10, 2024, and closes on September 12, 2024. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When SPP Polymer Ltd IPO will open?

Answer Field

The SPP Polymer Ltd IPO opens on September 10, 2024 and closes on September 12, 2024.

What is the lot size of SPP Polymer Ltd?

Answer Field

SPP Polymer Ltd lot size is 2000 shares, and the minimum amount required is ₹1,18,000.

How to apply for SPP Polymer Ltd IPO?

Answer Field

You can apply in SPP Polymer Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is SPP Polymer Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for SPP Polymer Ltd IPO will be done on September 13, 2024, and the allotted shares will be credited to your demat account by September 16, 2024.

When is SPP Polymer Ltd IPO listing date?

Answer Field

The SPP Polymer Ltd listing date is September 17, 2024.

Who is the registrar of SPP Polymer Ltd IPO?

Answer Field

The registrar of SPP Polymer Ltd IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Interactive Financial Services Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of SPP Polymer Ltd IPO?

Answer Field

The fresh issue size is ₹24.49 Crores equity shares.

What minimum lot size can retail subscribers subscribe to SPP Polymer Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 2000 shares and ₹1,18,000 amount.

How can I approve the UPI mandate request for SPP Polymer Ltd IPO?

Answer Field

To apply for SPP Polymer Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of SPP Polymer Ltd?

Answer Field

The price of each SPP Polymer Ltd share will be ranging in between ₹59 to ₹59 per share.

What is the cut-off time for the UPI mandate for SPP Polymer Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, September 12, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • TOSS THE COIN LIMITEDSME IPO

  • Bidding Dates

    10th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹172.0 - 182.0

  • IPO Size

    ₹9,17,00,000

  • Apply Now
  • JUNGLE CAMPS INDIA LIMITEDSME IPO

  • Bidding Dates

    10th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹68.0 - 72.0

  • IPO Size

    ₹29,42,00,000

  • Apply Now
  • ONE MOBIKWIK SYSTEMS LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹265.0 - 279.0

  • IPO Size

    ₹5,72,00,00,000

  • Apply Now
  • PURPLE UNITED SALES LIMITEDSME IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹121.0 - 126.0

  • IPO Size

    ₹32,81,00,000

  • Apply Now
  • SAI LIFE SCIENCES LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹522.0 - 549.0

  • IPO Size

    ₹30,42,62,00,000

  • Apply Now
  • VISHAL MEGA MART LIMITEDMainboard IPO

  • Bidding Dates

    11th Dec 2024 - 12th Dec 2024

  • Price Range

    ₹74.0 - 78.0

  • IPO Size

    ₹80,00,00,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SWIGGY LIMITEDMainboard IPO

  • Bidding Dates

    6th Nov 2024 - 11th Nov 2024

  • Price Range

    ₹371.0 - 390.0

  • IPO Size

    ₹1,13,27,43,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • ONYX BIOTEC LIMITEDSME IPO

  • Issue Price

    61.00

  • Listing Day Close

    56.75

  • Listing Day (Gain/Loss)

    -6.56

  • SWIGGY LIMITEDMainboard IPO

  • Issue Price

    390.00

  • Listing Day Close

    455.95

  • Listing Day (Gain/Loss)

    16.92

  • DANISH POWER LIMITEDSME IPO

  • Issue Price

    380.00

  • Listing Day Close

    598.50

  • Listing Day (Gain/Loss)

    57.63

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text