SMVD Polypack IPO

SMVD Polypack IPOBusiness description – SMVD Polypack is engaged in the business of manufacturing of PP (Polypropylene)/HDPE (High Density Polyethylene) woven sacks bags & Sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags & HDPE Tarpaulin. The company started its operations with initial capacity of 1200 MT per annum and at present has the installed capacity of 4420 MT per annum. The manufacturing facility of the company is situated at the prime location in Parganas District of West Bengal which close to and well connected with Kolkata Port and Airport, Haldia Port.

The manufacturing unit of the company is constructed on well-developed land having area of about 73843.2 sq. ft. and equipped with the latest technology. SMVD Polypack at present serves both B2B and B2C sectors. Its customer segments include fertilizer plants, Food Corporation of India, Mining & chemical industries, flour mills, ceramic industries, Steel Industries, Plastic compounds, Rice Plants, Poultry Farms etc. Under B2C segment, it supplies products to those parties who use its plastic packing products for packing of their finished products. Tata Chemicals Limited is one of the top names from its direct customers.

Promoters of SMVD Polypack – Mr Pramod Kumar Agarwal, Ms Sangita Agarwal, and Aashakiran Commodeal Private Limited

SMVD Polypack IPO details
Subscription Dates 13 – 15 Dec 2017
IPO Price band INR55 per share
Fresh issue 1,640,000 shares (INR9.02 crore)
Offer for sale Nil
Total IPO size 1,640,000 shares (INR9.02 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
SMVD Polypack’s consolidated financial performance (in INR lakh)
FY2013 FY2014 FY2015 FY2016 FY2017 4M FY2018
Total revenue 626.5 2,380.4 2,938.7 2,982.4 3,612.5 1,717.0
Total expenses 622.5 2,369.7 2,900.7 2,951.8 3,441.7 1,637.6
Profit after tax -34.9 -19.9 6.8 6.0 119.5 60.2

SMVD Polypack Limited
71, BRB., Basu Road
Block – A, Room No. 513
Kolkata, West Bengal-700001

Phone: +91 033 2235 0460
Email: [email protected]

Day Subscription (no. of times)
Day 1 1.36
Day 2 2.94
Day 3 15.24

Earnings Per Share (EPS): INR3.59

Price/Earnings (P/E) ratio: 15.32

Return on Net Worth (RONW): 16.59%

Net Asset Value (NAV): INR21.66 per share

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022
Email[email protected]

One Point One Solutions IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.

IPO Opening Date: 13 December 2017

IPO Closing Date: 15 December 2017

Finalisation of Basis of Allotment: 20 December 2017

Listing Date: 26 December 2017

Listing Price on NSE SME: INR58 per share (up 5.45% from IPO price)

Closing Price on NSE SME: INR53.6 per share (down 2.54% from IPO price)


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