Sati Poly Plast IPO Details: Sati Poly Plast IPO date is fixed, The IPO will open on July 12, 2024 and will close on July 16, 2024. Sati Poly Plast is a NSE SME IPO to raise ₹17.36 crores via IPO. The Sati Poly Plast IPO price band is fixed at ₹123 to ₹130 with a market lot of 1000 shares.
Sati Poly Plast Limited was incorporated in July 1999, and the company is an ISO Certified Company engaged in the manufacturing of flexible packaging material that is multifunctional and caters to the packaging requirements of various industries. They provide end-to-end solutions for various flexible packaging needs. Till the year 2015, the company was engaged in the business of trading flexible packaging material. In 2017, the company commenced the manufacturing of flexible packaging material.
Their company has set up two manufacturing units, of which “Plant 1” is situated at C44, Phase II, Gautam Budh Nagar – Noida-201305 with an installed capacity of 500 tones per month, and “Plant 2” is located at Plot No. 85 Udhyog Kendra, Noida -201306 with an installed capacity of 450 tones per month. The company has been consistently expanding its business operations by increasing its installed capacity from 250 tonnes per month to 400 tonnes per month in 2018 and to 500 tonnes per month in 2019. Their range of packaging solutions spans a variety of products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery, and dry foods.
They utilize the advanced equipment available and continually invest to maintain the quality of products, process efficiency, and the superior service they are renowned for. Their products are crafted out of an extensive range of industry-approved materials such as polyethylene terephthalate, biaxially oriented polypropylene, polyethylene, cast polypropylene, foil, paper, bio-degradable films, etc. Since flexible packaging material predominantly consists of plastic as a major raw material, They aim to manufacture our products sustainably by aiming towards “Reuse, Recycle and Upcycle”. They stringently maintain the processes and accreditation required to ensure the quality needs of the customers They supply in the food and beverages. They have also installed an Automated Machine with Auto Gauge Control with minimum gauge variation, especially for Edible Oil Industries. Currently, they are working with Pidilite, Adani Wilmar, and JVL and have also started vacuum bags for cashews.
Objects of the Issue:
- Working Capital Requirements
- General Corporate Purposes
Sati Poly Plast IPO Review
- May Apply
Sati Poly Plast IPO Date & Price Band Details
| IPO Open: | July 12, 2024 |
| IPO Close: | July 16, 2024 |
| IPO Size: | Approx ₹17.36 Crores, 13,35,000 Equity Shares |
| Fresh Issue: | Approx ₹17.36 Crores, 13,35,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹123 to ₹130 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Sati Poly Plast IPO Market Lot
The Sati Poly Plast IPO minimum market lot is 1000 shares with a ₹130,000 application amount.
| 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 Dates
The Sati Polyplast IPO date is July 12 and the IPO close date is July 16. The IPO allotment date is July 18 and the IPO might list on July 22.
| IPO Open Date: | July 12, 2024 |
| IPO Close Date: | July 16, 2024 |
| Basis of Allotment: | July 18, 2024 |
| Refunds: | July 19, 2024 |
| Credit to Demat Account: | July 19, 2024 |
| IPO Listing Date: | July 22, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Sati Poly Plast IPO Form
How to apply Sati Poly Plast IPO? You can apply Sati Poly Plast IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sati Poly Plast IPO in the Invest section. The other option you can apply Sati Poly Plast IPO via IPO forms download via the NSE website. Check out the Sati Poly Plast forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Sati Poly Plast Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹175.22 | ₹175.07 | ₹0.28 |
| 2023 | ₹190.97 | ₹187.03 | ₹3.09 |
| 2024 | ₹179.41 | ₹175.23 | ₹3.29 |
Sati Poly Plast IPO Valuation – FY2024
Check Sati Poly Plast IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹9.70 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 26.71% |
| Net Asset Value (NAV): | ₹36.29 per Equity Share |
Peer Group
- Sabar Flex India Limited
- Uma Converter Limited
Company Promoters
- Mr. Balmukund Jhunjhunwala
- Mrs. Anita Jhunjhunwala
- Mr. Aditya Jhunjhunwala
- Mr. Keshav Jhunjhunwala
- M/S Balmukund Jhunjhunwala Huf
Sati Poly Plast IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: satipoly.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Sati Poly Plast IPO Allotment Status
Check Sati Polyplast IPO allotment status on Link Intime website URL. Click Here
Sati Poly Plast IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Sati Poly Plast Limited
D.N. Singh Road
Bhagalpur 812 002
Phone: +91 98181 04164
Email: satipolyplast1@gmail.com
Website: https://www.satipolyplast.in/
Sati Poly Plast IPO FAQs
What is Sati Poly Plast IPO?
Sati Poly Plast IPO is an NSE SME IPO. They are going to raise ₹17.36 Crores via IPO. The issue is priced at ₹123 to ₹130 per equity share. The IPO is to be listed on NSE.
When Sati Poly Plast IPO will open?
The IPO is to open on July 12, 2024 for QIB, NII, and Retail Investors.
What is Sati Poly Plast IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Sati Poly Plast IPO?
You can apply Sati Poly Plast IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
