Injecto Polymers Limited
Bookbuilding IPO · BSE
- Price band
- ₹98 - ₹100
- Lot size
- 1,200 shares
- Issue amount
- ₹56.12 cr
- Total subscription
- 1.29×
- Opens
- 11 Sept 2026
- Closes
- 16 Sept 2026
- Allotment
- 17 Sept 2026
- Listing
- 21 Sept 2026
Offer at a glance
Issue overview
- Issue size
- 56,12,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,17,600
- Fresh issue
- ₹56.12 cr
- Offer for sale
- ₹0 cr
- Registrar
- Integrated Registry Management Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,20,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,51,77,200
- Shares after issue
- 2,07,89,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,40,000 |
| sHNI | 3 | 3,600 | ₹3,60,000 |
| bHNI | 9 | 10,800 | ₹10,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 16 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 3 |
| NIB | 0 | 110 |
| RETAIL | 778 | 995 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 346 | 82 |
| HNIs (2-10L) | 173 | 28 |
| Shareholder | 0 | 0 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.38 | 10 |
| FIIs | 0 | 10 |
| RETAIL | 18.67 | 23.88 |
| NIB | 18.66 | 22.51 |
| HNIs 2+ | 6.22 | 1.39 |
| HNIs 10+ | 12.44 | 21.12 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 10.55 | 6.06 | 3.47 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 25.28 | 17.13 | 20.94 |
| PRE IPO(PE) | 9.48 | 0 | 0 |
| POST IPO(PE) | 12.99 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Injecto Polymers Limited | 9.48 | 100.0 | 10 | 0 | 25.28 | 10.55 |
| Emmbi Industries Limited | 19.43 | 82 | 10 | 0 | 4.06 | 4.22 |
| RDB Rasayans Limited | 9.04 | 173.25 | 10 | 0 | 13.74 | 19.17 |
Company information
Company profile
Incorporated in 1998, Injecto Polymers Limited is engaged in manufacturing packaging products and trading plastic granules and Polyvinyl Chloride (PVC) resins. Its product portfolio includes Polypropylene (PP) woven fabrics and bags, BOPP bags, Leno bags, LD and polyester pouches, FIBC bags, and non-woven bags, serving industries such as agriculture, food, pharmaceuticals, textiles, chemicals, construction, and consumer goods. The Company follows a B2B business model and provides customized packaging solutions in different shapes and sizes using raw materials such as PP, LLDPE, LDPE, HDPE, resins, and specialty polymers. It has in-house testing facilities and holds ISO 9001:2015, ISO 22000:2018, and BIS certifications for food-grade packaging. The Company operates two manufacturing units located in Jaugram, Jamalpur and Howrah, West Bengal.
Strengths
- Strong Customer Relationships: The company has built good relationships with institutional and industrial customers through its B2B business model. Its customised packaging solutions help improve customer satisfaction and retention.
- Locational Advantage: The company’s two manufacturing facilities are located in West Bengal, providing access to established industrial and logistics networks that support production and distribution.
- Quality Certifications & Testing: The manufacturing facilities are ISO 9001:2015 and ISO 22000:2018 certified and have in-house testing facilities. BIS certification for food-grade packaging further supports product quality and compliance.
Risk factors
- Customer Concentration: A significant share of revenue comes from a limited number of customers. Losing key customers, receiving fewer orders, delayed payments or changes in agreements could affect revenue, cash flow and profitability.
- Dependence on Trading Activities: A large portion of revenue comes from trading, exposing the company to price fluctuations, changing demand and supply, inventory costs and customer payment risks. Strong competition may also put pressure on margins.
- Regional Concentration: A significant portion of revenue is generated from Eastern India, particularly West Bengal. Any adverse business or economic developments in these regions could negatively affect revenue and overall performance.
Promoters
Ramesh Kumar Rateria
Ashok Kumar Rateria
Suman Financial Advisory Pvt. Ltd.
Suman Towers Pvt. Ltd.
Vinayak Tie-Up Pvt. Ltd.
Nivedeeka Commercial Pvt. Ltd.
Bhagyashri Trading Pvt. Ltd.
Registrar & documents
Lead manager
Indcap Advisors Private Limited
Registrar & contacts
Integrated Registry Management Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
5 th Floor, Room No. 2, Gate No. 3, Poddar Court, 18, Rabindra Sarani, Lalbazar Kolkata, West Bengal, 700001
033 22378167
[email protected]Company website ↗Understanding INJECTO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.