SPP Polymer Ltd

SPP Polymer Ltd IPO

SPP Polymer Ltd IPO Price Range is ₹59 - 59, with a minimum investment of ₹1,18,000 for 2000 shares.

₹1,18,000

/ 2000 shares

Minimum Investment

View SPP Polymer Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹59 - 59

Open Date

2024-09-10

Close Date

2024-09-12

IPO Size

₹24.49 Cr

Lot Size

2000 shares

Min Investment

₹1,18,000

Listing Exchange

NSE

SPP Polymer Ltd IPO Application Timeline

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Open Date10 Sep 2024
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Close Date12 Sep 2024
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Allotment Date13 Sep 2024
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Listing Date17 Sep 2024

Strengths and Risks

Strengths

Strengths

  • Quality Assurance.

  • Experienced Promoter and Management Team.

  • Our Product portfolio.

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


Risks

Risks

  • 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.

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

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

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

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

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

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

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

  • 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.

  • 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.

How to Apply for SPP Polymer Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select SPP Polymer Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About SPP Polymer Ltd

Our Company is an ISO 9001:2015 certified company engaged in the business of manufacturing of HDPE/PP woven fabric & bags, Non-woven fabrics & bags and PP Multifilament yarn. We offer packaging solutions to Business to Business (B2B) manufacturers catering to different industries such as cements, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities. We have manufacturing facility situated at Plot No. 4, Sector-I, IIE SIDCUL, Pantnagar, Udham Singh Nagar, Uttarkhand-263153, India, which is spread over a total land area of 13650 Sq. mts. We have installed capacity of HDPE/PP Woven Fabric and bags 9125 MT and NonWoven Fabric 3600 MT. We believe that we have well equipped production facility with well-versed quality section (testing lab) which help us to deliver consistently high-quality products to the customer at the most competitive price. Our manufacturing facility employs an extensive and stringent quality control mechanism at each stage of the process to ensure that our finished product conforms to the exact requirement of our customers. Our infrastructure and team of experts also allow us to provide a comprehensive range to our clients as per their needs and requirements. We also provide customized solutions as per the specifications detailed by our clients. We are also ISO 45001: 2018 and SA 8000:2014 certified occupational health & safety management system and environment management system.

Frequently Asked Questions of SPP Polymer Ltd IPO

What is the size of the SPP Polymer Ltd IPO?

The size of the SPP Polymer Ltd IPO is ₹24.49 Cr.

What is the allotment date of the SPP Polymer Ltd IPO?

SPP Polymer Ltd IPO allotment date is Sep 13, 2024 (tentative).

What are the open and close dates of the SPP Polymer Ltd IPO?

The SPP Polymer Ltd IPO will open on Sep 10, 2024 and close on Sep 12, 2024

What is the lot size of SPP Polymer Ltd IPO?

The lot size for the SPP Polymer Ltd IPO is 2000.

When will my SPP Polymer Ltd IPO order be placed?

Your SPP Polymer Ltd IPO order will be placed on Sep 10, 2024

Can we invest in SPP Polymer Ltd IPO?

Yes, once SPP Polymer Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the SPP Polymer Ltd IPO?

The potential listing gains on the SPP Polymer Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for SPP Polymer Ltd IPO?

'Pre-apply' for SPP Polymer Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.