Sati Poly Plast Limited
Bookbuilding IPO · NSE
- Price band
- ₹123 - ₹130
- Lot size
- 1,000 shares
- Issue amount
- ₹17.36 cr
- Total subscription
- 498.77×
- Opens
- 12 Jul 2024
- Closes
- 16 Jul 2024
- Allotment
- 18 Jul 2024
- Listing
- 22 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 13,35,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,23,000
- Fresh issue
- ₹17.36 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,30,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 36,12,000
- Shares after issue
- 49,47,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,30,000 |
| HNI | 2 | 2,000 | ₹2,60,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 3.29 | 480.21 |
| RETAIL | 5.76 | 3,857.33 |
| NIB | 2.47 | 1,407.26 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 9.7 | 9.68 | 0.88 |
| ROE | 40.38 | 127.02 | 37.83 |
| ROCE | 20.45 | 22.63 | 9.21 |
| RONW | 26.71 | 77.68 | 31.81 |
| PRE IPO(PE) | 14.29 | 0 | 0 |
| POST IPO(PE) | 19.57 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in July 1999, Sati Poly Plast Limited manufactures multifunctional flexible packaging materials for diverse industries, operating two units in Noida with a combined production capacity of 1,080 tons per month. The company supplies its products across multiple states, serving notable clients such as Pidilite, Adani Wilmar, and JVL. As of March 31, 2024, Sati Poly Plast Limited employs 135 on-roll employees, reflecting its commitment to quality manufacturing and wide market reach.
Strengths
- Efficient Cost Management: The company keeps costs low without compromising quality, offering competitive prices and better profits.
- On-Time Project Delivery: Dedicated to completing projects on schedule, ensuring timely delivery every time.
- Positive Labor Relations: Builds a friendly and cooperative bond between management and workers, creating a productive work environment.
Risk factors
- Regional Dependency: The company earns most of its revenue from Uttar Pradesh, which could hurt business if any issues happen in that region.
- Litigation Risks: The company is facing legal cases, and if the decisions go against them, it could harm their business, reputation, and profits.
- Customer Concentration: The company relies on a few big customers, so losing even one of them could have a big impact on sales and profits.
Promoters
almukund Jhunjhunwala
Anita Jhunjhunwala
Aditya Jhunjhunwala
Keshav Jhunjhunwala
Balmukund Jhunjhunwala HUF.
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
D.N. Singh Road, Bhagalpur 812 002
+91 98181 04164
[email protected]Company website ↗Understanding SATIPOLY 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.