Command Polymers IPO GMP, Review, Price, Allotment

Last updated on April 3, 2023

Command Polymers IPO description – Command Polymers is in the business of marketing and manufacturing polymer-based products primarily Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers. Its products have a wide variety of applications in several industries such as industrial packaging industries, food industry, etc.

The company’s manufacturing facility is located in district 24 Parganas (South), West Bengal, and is well-equipped with the required equipment including machinery, and other handling equipment to facilitate a smooth manufacturing process and easy logistics.

As on 31 December 2022, the company has the following plant and machinery at its manufacturing facility:

• UPS & Inverter
• Tape Extruder Plant
• Extrusion Machine
• Plastic Extrusion Multifoil Machine
• Machine Monitoring Control Systems
• Plastics Processing Extrusion Machine
• Circular Loom Machine
• Weaving Machine

Promoters of Command Polymers – Kundan Vinimay Private Limited, Sukhjit Consultants Limited, Sukhdhan Vinimay Private Limited and Ridhi Sidhi Advisory Private Limited

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Command Polymers IPO Details

Command Polymers IPO Dates	17 – 21 March 2023
Command Polymers IPO Price	INR 28 per share
Fresh issue	25,32,000 shares (INR 7.09 crore)
Offer For Sale	Nil
Total IPO size	25,32,000 shares (INR 7.09 crore)
Minimum bid (lot size)	4,000 shares (INR 112,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	BSE SME

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Command Polymers Financial Performance

	FY 2020	FY 2021	FY 2022	9M FY 2023
Revenue	1,089.39	1,634.76	1,947.48	1,444.49
Expenses	1077.76	1,609.57	1,913.48	1,427.20
Net income	9.43	19.64	30.02	16.16

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Command Polymers Offer News

• Command Polymers RHP
• Command Polymers Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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Command Polymers Valuations & Margins

	FY 2020	FY 2021	FY 2022
EPS	0.14	0.29	0.44
PE ratio	–	–	63.63
RONW (%)	1.02	2.11	3.12
NAV	–	–	14.06
ROCE (%)	3.10	4.14	6.14
EBITDA (%)	6.04	5.74	7.26
Debt/Equity	0.26	0.55	0.71

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Command Polymers IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
Coming soon	–	–	–

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Command Polymers IPO Subscription – Live Updates

Category	Non-retail	Retail	Total
Shares Offered	1,266,000	1,266,000	2,532,000
21 Mar 2023	1.72	0.93	1.32
20 Mar 2023	1.69	0.28	0.99
17 Mar 2023	1.07	0.07	0.57

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Command Polymers Offer Lead Manager

ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001
Phone : +91 22 – 6216 6999
Email: [email protected]
Website: www.afsl.co.in

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Command Polymers Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]
Website:  www.kfintech.com

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Command Polymers Contact Details

COMMAND POLYMERS LIMITED
Mouza Malancha, J.L.No.87,
P.O. Narayanpur, P.S Bhangar,
District 24 Parganas (South), West Bengal-743502
Phone: +91 98365 52178
E-mail: [email protected]
Website: www.commandpolymers.com

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Command Polymers IPO Allotment Status

Command Polymers IPO allotment status is now available on KFin Tech website. Click on this link to get allotment status.

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Command Polymers IPO Dates & Listing Performance

IPO Opening Date	17 March 2023
IPO Closing Date	21 March 2023
Finalisation of Basis of Allotment	24 March 2023
Initiation of refunds	27 March 2023
Transfer of shares to demat accounts	28 March 2023
Command Polymers IPO Listing Date	29 March 2023
Opening Price on BSE SME	INR 26.75 per share (down 4.46%)
Closing Price on BSE SME	INR 26.5 per share (down 5.36%)

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Command Polymers IPO FAQs