Business 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 | 4MÂ 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]
Website: www.smvdpolypack.com
| 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 2851Â 1022
Email:Â [email protected]
Website: www.skylinerta.com
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)
