Sati Poly Plast IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 12 to Jul 16 2024
Price Band
₹123 - 130
Current GMP
₹247(90.00%)
Subscription
498.69 times
IPO Details
| IPO Date | July 12, 2024 to July 16, 2024 |
| Listing Date | Monday, July 22, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹123 to ₹130 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,335,000 shares (aggregating up to ₹17.36 Cr) |
| Fresh Issue | 1,335,000 shares (aggregating up to ₹17.36 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,612,000 |
| Share holding post issue | 4,947,000 |
| Market Maker portion | 70,000 shares Spread X Securities |
IPO Date
July 12, 2024 to July 16, 2024
Listing Date
Monday, July 22, 2024
Face Value
₹10 per share
Price Band
₹123 to ₹130 per share
Lot Size
1000 Shares
Total Issue Size
1,335,000 shares (aggregating up to ₹17.36 Cr)
Fresh Issue
1,335,000 shares (aggregating up to ₹17.36 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
3,612,000
Share holding post issue
4,947,000
Market Maker portion
70,000 shares Spread X Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 146.00 |
| Non-Institutional Buyers*** | 569.37 |
| Retail Investors | 669.79 |
| Total ** | 498.69 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
146.00
Non-Institutional Buyers***
569.37
Retail Investors
669.79
Total **
498.69
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jul 12, 2024 | 0.00 | 14.93 | 38.15 | 22.28 |
| Day 2 Jul 15, 2024 | 0.02 | 127.93 | 228.16 | 141.52 |
| Day 3 Jul 16, 2024 | 146.00 | 569.37 | 669.79 | 498.69 |
DayDay 1
Jul 12, 2024
QIB0.00
NII*14.93
Retail38.15
Total22.28
DayDay 2
Jul 15, 2024
QIB0.02
NII*127.93
Retail228.16
Total141.52
DayDay 3
Jul 16, 2024
QIB146.00
NII*569.37
Retail669.79
Total498.69
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 22-07-2024 | 130.00 | 140(107.69%) | 270 |
| 21-07-2024 | 130.00 | 140(107.69%) | 270 |
| 20-07-2024 | 130.00 | 140(107.69%) | 270 |
| 19-07-2024 | 130.00 | 135(103.85%) | 265 |
| 18-07-2024 | 130.00 | 120(92.31%) | 250 |
| 17-07-2024 | 130.00 | 130(100.0%) | 260 |
| 16-07-2024 | 130.00 | 130(100.0%) | 260 |
| 15-07-2024 | 130.00 | 110(84.62%) | 240 |
| 14-07-2024 | 130.00 | 105(80.77%) | 235 |
| 13-07-2024 | 130.00 | 105(80.77%) | 235 |
| 12-07-2024 | 130.00 | 90(69.23%) | 220 |
| 11-07-2024 | 130.00 | 70(53.85%) | 200 |
| 10-07-2024 | 130.00 | 50(38.46%) | 180 |
| 09-07-2024 | 130.00 | 0(0.0%) | 130 |
| 08-07-2024 | 130.00 | 0(0.0%) | 130 |
Date22-07-2024
Price130.00
GMP140(107.69%)
Estimate List Price270
Date21-07-2024
Price130.00
GMP140(107.69%)
Estimate List Price270
Date20-07-2024
Price130.00
GMP140(107.69%)
Estimate List Price270
Date19-07-2024
Price130.00
GMP135(103.85%)
Estimate List Price265
Date18-07-2024
Price130.00
GMP120(92.31%)
Estimate List Price250
Date17-07-2024
Price130.00
GMP130(100.0%)
Estimate List Price260
Date16-07-2024
Price130.00
GMP130(100.0%)
Estimate List Price260
Date15-07-2024
Price130.00
GMP110(84.62%)
Estimate List Price240
Date14-07-2024
Price130.00
GMP105(80.77%)
Estimate List Price235
Date13-07-2024
Price130.00
GMP105(80.77%)
Estimate List Price235
Date12-07-2024
Price130.00
GMP90(69.23%)
Estimate List Price220
Date11-07-2024
Price130.00
GMP70(53.85%)
Estimate List Price200
Date10-07-2024
Price130.00
GMP50(38.46%)
Estimate List Price180
Date09-07-2024
Price130.00
GMP0(0.0%)
Estimate List Price130
Date08-07-2024
Price130.00
GMP0(0.0%)
Estimate List Price130
IPO Important Dates
| IPO Open Date | Friday, July 12, 2024 |
| IPO Close Date | Tuesday, July 16, 2024 |
| Basis of Allotment | Thursday, July 18, 2024 |
| Initiation of Refunds | Friday, July 19, 2024 |
| Credit of Shares to Demat | Friday, July 19, 2024 |
| Listing Date | Monday, July 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 16, 2024 |
IPO Open Date
Friday, July 12, 2024
IPO Close Date
Tuesday, July 16, 2024
Basis of Allotment
Thursday, July 18, 2024
Initiation of Refunds
Friday, July 19, 2024
Credit of Shares to Demat
Friday, July 19, 2024
Listing Date
Monday, July 22, 2024
Cut-off time for UPI mandate confirmation
5 PM on July 16, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹130,000 |
| Retail (Max) | 1 | 1000 | ₹130,000 |
| HNI (Min) | 2 | 2,000 | ₹260,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹130,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹130,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹260,000
Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 5,637.57 | 4,194.08 | 3,578.70 |
| Revenue | 17,940.98 | 19,096.69 | 17,522.39 |
| Profit After Tax | 328.64 | 308.89 | 28.23 |
| Net Worth | 1,230.28 | 397.64 | 88.75 |
| Reserves and Surplus | 869.08 | 291.24 | -17.65 |
| Total Borrowing | 2,520.14 | 2,630.50 | 2,358.89 |
Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20245,637.57
31 Mar 20234,194.08
31 Mar 20223,578.70
Period EndedRevenue
31 Mar 202417,940.98
31 Mar 202319,096.69
31 Mar 202217,522.39
Period EndedProfit After Tax
31 Mar 2024328.64
31 Mar 2023308.89
31 Mar 202228.23
Period EndedNet Worth
31 Mar 20241,230.28
31 Mar 2023397.64
31 Mar 202288.75
Period EndedReserves and Surplus
31 Mar 2024869.08
31 Mar 2023291.24
31 Mar 2022-17.65
Period EndedTotal Borrowing
31 Mar 20242,520.14
31 Mar 20232,630.50
31 Mar 20222,358.89
Key Performance Indicator
| ROE | 40.38% |
| ROCE | 20.45% |
| Debt/Equity | 1.82 |
| RoNW | 26.71% |
| P/BV | 3.58 |
| PAT Margin (%) | 1.83 |
| EPS (Rs) | 9.1 |
ROE
40.38%
ROCE
20.45%
Debt/Equity
1.82
RoNW
26.71%
P/BV
3.58
PAT Margin (%)
1.83
EPS (Rs)
9.1
IPO Reservation
| Anchor Investor Shares Offered | 379,000 (28.39%) |
| Market Maker Shares Offered | 70,000 (5.24%) |
| QIB Shares Offered | 253,000 (18.95%) |
| NII (HNI) Shares Offered | 190,000 (14.23%) |
| Retail Shares Offered | 443,000 (33.18%) |
| Total Shares Offered | 1,335,000 (100%) |
Anchor Investor Shares Offered
379,000 (28.39%)
Market Maker Shares Offered
70,000 (5.24%)
QIB Shares Offered
253,000 (18.95%)
NII (HNI) Shares Offered
190,000 (14.23%)
Retail Shares Offered
443,000 (33.18%)
Total Shares Offered
1,335,000 (100%)
Information about company
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.
Objectives of IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
Working Capital Requirements .
General Corporate Purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
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