Sati Poly Plast IPO Details
| IPO Size | 17.36 |
| Price Range | ₹123 - ₹130 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹130,000 |
| Pre IPO Promotor Holding | 86.30% |
| Post IPO Promotor Holding | 63.00% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Sati Poly Plast IPO Timelines
12/07/2024
Start Date16/07/2024
End Date19/07/2024
Refund Initiation19/07/2024
Credit of Shares to Demat Ac22/07/2024
Listing DateSati Poly Plast IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹130,000 |
| Retail Maximum | 1 | 1000 | ₹130,000 |
| S-HNI Minimum | 2 | 2000 | ₹260,000 |
Sati Poly Plast IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 146.00 x | 569.88 x | 670.62 x | -- | 499.21 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹247 | ₹259.35 | ₹259.35 | ₹247 |
Sati Poly Plast IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹175.22 | ₹175.07 | ₹0.28 |
| FY 2023 | ₹190.97 | ₹187.03 | ₹3.09 |
| FY 2024 | ₹179.41 | ₹175.23 | ₹3.29 |
About Company
Sati Poly Plast is a manufacturer of flexible packaging materials. The company provides solutions for flexible packaging requirements and operates two manufacturing units located in Noida. The company’s product range includes packaging solutions for food and beverages, such as salty snacks, snack bars, dry fruits, confectionery, and dry foods.
Sati Poly Plast uses materials like polyethylene terephthalate, biaxially oriented polypropylene, polythene, cast polypropylene, foil, paper, and biodegradable films in the manufacturing process. Sati Poly Plast has installed an automated machine with auto gauge control. The company is currently working with clients such as Pidilite, Adani Wilmar, and JVL. Additionally, the company is producing vacuum bags for cashews.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1999 | Consumer Durables | Balmukund Jhunjhunwala |
Know Before Investing
Sati Poly Plast IPO Strengths
- Solid track record in the flexible packaging industry.
- Combined capacity of 1,080 tons per month.
- Supplies packaging materials to multiple states across India.
- Trusted by major clients such as Pidilite, Adani Wilmar, and JVL.
Sati Poly Plast IPO Risks
- Intense competition in the flexible packaging industry.
- Dependence on the continuous operation of its two manufacturing units.
- Vulnerability to disruptions in the supply chain and raw material availability.
Swot Analysis for Sati Poly Plast IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Sati Poly Plast Limited
D.N.
Singh Road
Bhagalpur 812 002
Phone: +91 98181 04164
Email: [email protected]
Website: https://www.satipolyplast.in/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Sati Poly Plast IPO are:
- Working Capital Requirements
- General Corporate Purposes