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SPP Polymer IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Packaging & Disposables sector. Interactive Financial Services is the merchant banker of SPP Polymer IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th March 2024.
SPP Polymer IPO open date is 10th September 2024 and close date is 12th September 2024. IPO Allotment Date is 13th September 2024 and Listing date is 17th September 2024.SPP Polymer IPO size is Rs 24.49 Cr. crores with IPO price of Rs 59.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Interactive Financial Services Limited is the book-running lead manager of the SPP Polymer IPO. Kfin Technologies Limited is the Registrar and Market Maker is B.N. Rathi Securities Limited for SPP Polymer IPO.
SPP Polymer IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
SPP Polymer IPO, based in New Delhi, operates in the Packaging & Disposables sector with a focus on manufacturer of a wide range of HDPE/PP woven fabric and bags, non-woven fabrics and bags. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. SPP Polymer IPO size is ₹ 24.49 Cr. Crores with fresh issue size of Rs 24.49 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for SPP Polymer IPO is expected to be 13th September 2024, after the finalization of basis of allotment. Investors can check SPP Polymer IPO allotment status on the registrars website, Kfin Technologies Limited. SPP Polymer IPO refund dates are 16th September 2024.
SPP Polymer IPO is expected to be listed on 17th September 2024.
The upper price band for the SPP Polymer IPO is set at ₹ 59.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on SPP Polymer IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the SPP Polymer IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 12th September 2024. After submission, funds are blocked until the basis of allotment of SPP Polymer IPO is finalised.
The merchant banker for SPP Polymer IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the SPP Polymer IPO RHP for further details.
The registrar for SPP Polymer IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to SPP Polymer IPO through their official website or helpline.
SPP Polymer IPO was subscribed 43.29 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 24.49 Cr.
Avg IPO Size (Sector Based)
:
₹ 12.58 Cr.
Sector: Packaging & Disposables
SME IPO so far:
29
Merchant Banker:
Interactive Financial
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 1.16 cr.
PE
Ratio:
24.86x
Average Sector PE Ratio: 16.10x
SPP Polymer IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on SPP Polymer Financial Review Page
Merchant Banker(s) of SPP Polymer IPO: Interactive Financial Services Limited
SPP Polymer IPO subscription was 43.29 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
SPP Polymer IPO listed at a listing price of 63.00 against the offer price of 59.00.
The current market price of SPP Polymer is 19.05.
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