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Open
30 Sep to 6 Oct, 2020
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Close
30 Sep to 6 Oct, 2020
3
Allotment
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Listing
Wed, Oct 14, 2020
Price Band
₹159 per share
Issue Size
5,08,800 shares (agg. up to ₹8 Cr)
Lot Size
800 Shares
Listing Date
Wed, Oct 14, 2020
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.41x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|
| Assets | 24.83 | 25.37 | 25.33 |
| Total Income | 63.43 | 68.35 | 55.51 |
| Profit After Tax | 2.32 | 1.38 | 0.92 |
| EBITDA | 4.03 | 2.87 | 2.05 |
| NET Worth | 7.94 | 5.67 | 4.29 |
| Reserves and Surplus | 7.84 | 5.57 | 4.19 |
| Total Borrowing | 2.65 | 3.04 | 4.41 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Prince Pipes & Fittings Ltd. | Mainboard | ₹500.00 Cr | ₹178 | 18.35 | ₹166.90 | -6.24% | ₹269.15 (+0.07%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet working capital requirement | 3.70 |
| 2 | General Corporate Purposes | 1.18 |
About GM Polyplast IPO
Incorporated in 2003, GM Polyplast is a Mumbai-based manufacturer of high-grade sheets such as PVC sheets, HIPS sheets, HDPE sheets, A.B.S. sheets, and others. The company not just manufactures various types of sheets but also manufactures raw material used to prepare the sheets called granules.Since establishment, it has added innovative products to its product portfolio and currently it includes Acrylonitrile Butadiene Styrene (ABS) plastic sheets, High Impact Polystyrene (HIPS) sheets, PET sheets, A-PET sheets, R-PET sheets, HDPE sheets, PP sheets, ESD material, etc.The company has a modernized manufacturing unit in Dadra & Nagar Haveli embedded with advanced equipment and technology to deliver high-quality sheets to clients. In the domestic market, it supplies products across states such as Maharashtra, Gujrat, West Bengal, Tamil Nadu, Puducherry, UP, MP, Delhi, Telangana, Karnataka, Goa, Chhattisgarh, and many others. It also exports its products in the overseas market such as the UAE, Israel, Hong Kong, and Jordan.Competitive Strength• Semi-automated manufacturing unit with advanced machines.• High product quality standard.• Well-diversified product portfolio.• Strong distrib
Contact Details
GM Polyplast Ltd. AddressA-66, New Empire Industrial EstateKondivita RoadAndheri (East)Mumbai, Maharashtra, 40005991-022-2820 9552info@gmpolyplast.comVisit Website