SPP Polymer Ltd. IPO: Key Details

Our Company is an ISO 9001:2015 certified company engaged in the business of manufacturing of HDPE/PP woven fabric & bags, Non-woven fabrics & bags and PP Multifilament yarn. We offer packaging solutions to Business to Business (“B2B”) manufacturers catering to different industries such as cements, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities. We have manufacturing facility situated at Plot No. 4, Sector-I, IIE SIDCUL, Pantnagar, Udham Singh Nagar, Uttarkhand-263153, India, which is spread over a total land area of 13650 Sq. mts. We have achieved installed capacity of HDPE/PP Woven Fabric and bags 9125 MT and Non-Woven Fabric 3600 MT by incurring Capital expenditure of Rs. 2111.37 Lakhs during F.Y. 22-23. We believe that we have well equipped production facility with well -versed quality section which help us to deliver consistently high-quality products to the customer at the most competitive price. Our manufacturing facility employs an extensive and stringent quality control mechanism at each stage of the process to ensure that our finished product conforms to the exact requirement of our customers. Our infrastructure and team of experts also allow us to provide a comprehensive range to our clients as per their needs and requirements. We also provide customized solutions as per the specifications detailed by our clients. We are also ISO 45001: 2018 and SA 8000:2014 certified occupational health & safety management system and environment management system.

SPP Polymer Ltd. IPO Details

IPO Date September 10, 2024 to September 12, 2024
Listing Date September 17 2024
Face Value ₹10 per share
Price Band ₹59 per share
Lot Size 2000 Shares
Total Issue Size 4150000 Shares
Issue Type Fixed Price
Listing At NSE 
Share holding pre issue 10678004
Share holding post issue 10678004

SPP Polymer Ltd. IPO Promoter Holding

The promoter of the company is Mahavir Bahety, Liladhar Mundhara, Dipak Goyal, Asha Ram Bahety,

Share Holding Pre Issue 94.99%
Share Holding Post Issue 69.37%

SPP Polymer Ltd. IPO Objectives

1. Repayment of Loan2. Working capital requirement3. General Corporate Purpose

SPP Polymer Ltd. IPO Prospectus

SPP Polymer Ltd. Lead Managers

  • Interactive Financial Services Ltd.

SPP Polymer Ltd. IPO Contact Information

  • Chetna Shoor
  • Phone: +91 91 5944297751
  • Email: cs@spppolymer.com

SPP Polymer Ltd. IPO Registrar

  • Name: K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
  • Phone: +040 - 67162222/18003094001
  • Email: einward.ris@kfintech.com