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Open
12 Jul 2024
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Close
16 Jul 2024
3
Allotment
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Listing
Mon, Jul 22, 2024
Price Band
₹123 to ₹130
Issue Size
13,35,000 shares (agg. up to ₹17 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, Jul 22, 2024
Latest GMP
₹140
Est. Gain
107.69%
✦ AI Insight
GMP Trend
22-07-2024₹140Est. ₹270+107.69%
21-07-2024₹140Est. ₹270+107.69%
20-07-2024₹140Est. ₹270+107.69%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 347.55x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 56.38 | 41.94 | 35.79 |
| Total Income | 179.41 | 190.97 | 175.22 |
| Profit After Tax | 3.29 | 3.09 | 0.28 |
| NET Worth | 12.30 | 3.98 | 0.89 |
| Reserves and Surplus | 8.69 | 2.91 | -0.18 |
| Total Borrowing | 25.20 | 26.31 | 23.59 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| GSM Foils Ltd. | SME | ₹11.01 Cr | ₹32 | 20.98 | ₹33.60 | +5.00% | ₹261.00 (-0.93%) |
| Purv Flexipack Ltd. | SME | ₹40.21 Cr | ₹71 | 13.17 | ₹247.00 | +247.89% | ₹48.00 (-1.64%) |
| Kahan Packaging Ltd. | SME | ₹5.76 Cr | ₹80 | 7.74 | ₹159.60 | +99.50% | ₹78.70 (-5.00%) |
| Pyramid Technoplast Ltd. | Mainboard | ₹153.05 Cr | ₹166 | 16.21 | ₹177.65 | +7.02% | ₹160.93 (-2.26%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 11.00 |
| 2 | General Corporate Purposes | 3.56 |
About Sati Poly Plast IPO
Incorporated in July 1999, Sati Poly Plast Limited manufactures multifunctional flexible packaging materials that meet the packaging needs of various industries. The company has set up two manufacturing units. Plant 1 is located in Gautam Budh Nagar, Noida, and can produce 540 tons per month. Plant 2 is situated in Udhyog Kendra, Noida, and has an installed capacity of 540 tons per month. The company has steadily increased its installed capacity from 250 tonnes per month to 500 tonnes per month between 2018 and 2019. The company supplies its packaging material to states such as Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu Delhi. Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab and Rajasthan. The company's clients include Pidilite, Adani Wilmar and JVL. As of March 31, 2024, the company has a total of 135 on roll Employees.+ Read More
Contact Details
Sati Poly Plast Ltd. AddressD.N.Singh RoadBhagalpur, Bihar, 812002+91 98181 04164satipolyplast1@gmail.comVisit Website