Last updated on July 22, 2024
Sati Polyplast IPO description – Sati Polyplast is an ISO-certified company that manufactures flexible packaging materials to cater to the packaging needs of various industries. It offers end-to-end solutions to cater to multiple flexible packaging needs.
The company has set up two manufacturing units out of which ‘Unit 1’ is located at Budh Nagar – Noida with an installed capacity of 540 tons per month and ‘Unit 2’ is situated at Udyog Kendra, Noida with an installed capacity of 540 tons per month. The company supplies its packaging material to states such as Assam, Bihar, Chhattisgarh, Dadra Nagar Haveli, Daman & 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, JVL, Mother Dairy, Patanjali, and Bikano. As of 31 March 2024, the company had 135 full-time employees on its payroll.
Promoters of Sati Polyplast – Mr. Balmukund Jhunjhunwala, Mrs. Anita Jhunjhunwala, Mr. Aditya Jhunjhunwala, Mr. Keshav Jhunjhunwala and M/S Balmukund Jhunjhunwala HUF
Table of Contents
Sati Polyplast IPO Details
| Sati Polyplast IPO Dates | 12 – 16 July 2024 |
| Sati Polyplast Issue Price | INR 123 – 130 per share |
| Fresh issue | 13,35,000 shares (INR 16.42 – 17.36 crore) |
| Offer For Sale | NIL |
| Total IPO size | 13,35,000 shares (INR 16.42 – 17.36 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,30,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Sati Polyplast Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 175.16 | 190.92 | 179.35 |
| Expenses | 175.07 | 187.03 | 175.23 |
| Net income | 0.28 | 3.09 | 3.29 |
Sati Polyplast Offer News
- Sati Polyplast Autotech RHP
- Sati Polyplast Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Sati Polyplast Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.88 | 9.68 | 9.70 |
| PE ratio | – | – | 12.68 – 13.40 |
| RONW (%) | 31.81 | 77.68 | 26.71 |
| NAV | 2.78 | 12.46 | 36.29 |
| ROCE (%) | 9.21 | 22.63 | 20.45 |
| EBITDA (%) | 2.92 | 4.59 | 5.17 |
| Debt/Equity | 26.58 | 6.62 | 1.82 |
Sati Polyplast IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 20 July 2024 | 120 | – | 96,000 |
| 19 July 2024 | 120 | – | 96,000 |
| 18 July 2024 | 120 | – | 96,000 |
| 17 July 2024 | 120 | – | 96,000 |
| 16 July 2024 | 100 | – | 82,500 |
| 15 July 2024 | 95 | – | 80,000 |
| 12 July 2024 | 50 | – | 40,000 |
Sati Polyplast IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 2,53,000 | 1,90,000 | 4,43,000 | 8,86,000 |
| 16 Jul 2024 | 146.00 | 569.74 | 669.79 | 498.77 |
| 15 Jul 2024 | 0.02 | 127.65 | 224.05 | 139.40 |
| 12 Jul 2024 | 0.00 | 14.73 | 36.85 | 21.58 |
The market maker reservation portion of 70,000 shares and anchor allocation of 3,79,000 shares are not included in the above calculations.
Sati Polyplast IPO Allotment Status
Sati Polyplast IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Sati Polyplast IPO Dates & Listing Performance
| IPO Opening Date | 12 July 2024 |
| IPO Closing Date | 16 July 2024 |
| Finalization of Basis of Allotment | 18 July 2024 |
| Initiation of refunds | 19 July 2024 |
| Transfer of shares to demat accounts | 19 July 2024 |
| IPO Listing Date | 22 July 2024 |
| Opening Price on NSE SME | INR 247 per share (up 90%) |
| Closing Price on NSE SME | INR 259.35 per share (up 99.50%) |
Sati Polyplast Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat, India
Phone: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
Sati Polyplast Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Sati Polyplast IPO Contact Details
SATI POLY PLAST LIMITED
C-44 Phase II, Distt Gautam Budh Nagar Noida,
Nepz Post Office, Gautam Buddha Nagar,
Noida, Uttar Pradesh – 201305
Phone: +91 98181 04164
E-mail: [email protected]
Website: www.satipolyplast.in
IPO FAQs
What is the Sati Polyplast offer size?
Sati Polyplast offer size is INR 16.42 – 17.36 crores.
What is the Sati Polyplast offer price band?
Sati Polyplast public offer price is INR 123 – 130 per share.
What is the lot size of the Sati Polyplast IPO?
Sati Polyplast offer a lot size is 1,000 shares.
What is Sati Polyplast IPO GMP today?
Sati Polyplast IPO GMP today is INR 120 per share.
What is the Sati Polyplast kostak rate today?
Sati Polyplast kostak rate today is INR NA per application.
What is Sati Polyplast Subject to the Sauda rate today?
Sati Polyplast is Subject to the Sauda rate today is INR 96,000 per application.
