Last updated on December 19th, 2024 at 09:39 pm
Spp Polymer Limited is a company engaged in the manufacturing and trading of plastic polymers, industrial, and other general-purpose plastic goods. Established with the vision to cater to the growing needs of the polymer industry, the company has steadily expanded its operations and market presence.
IPO Details
- IPO Start Date: 10th September 2024
- IPO End Date: 12th September 2024
- Issue Price: ₹59 per share
- Lot Size: 2000 Shares
- Total Issue Size: 1,18,000 Equity Shares
- Status: Active
GMP Price (Grey Market Premium)
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The GMP (Grey Market Premium) is an indicator of market sentiment toward the IPO. The current GMP for Spp Polymer Limited IPO will be tracked and updated closer to the listing date.
Promoters
| Promoter Name | Stake |
|---|---|
| Jitendra Narayan Das | 4.96% stake in the company. |
| Poonam Das | 39.76% stake in the company. |
These individuals collectively play a crucial role in the management and strategic direction of the company.
Financial Summary
Here is a brief summary of the company’s financial performance based on the Restated Financial Statements:
- Revenue from Operations: The company reported total revenue of ₹6,581.12 lakhs for the financial year ending March 31, 2024, up from ₹3,629.59 lakhs in 2023.
- Profit After Tax: The profit after tax for the year 2024 stood at ₹1,201.30 lakhs, showing significant growth from ₹471.05 lakhs in 2023.
- Total Assets: As of March 31, 2024, the company’s total assets were valued at ₹14,649.79 lakhs.
- Net Worth: The company’s net worth increased to ₹3,402.82 lakhs in 2024, compared to ₹1,206.99 lakhs in 2023.
Important Dates
| Event | Date |
|---|---|
| Offer Start | 10th Sep 2024 |
| Offer End | 12th Sep 2024 |
| Allotment | 13th Sep 2024 |
| Refund Initiation | 16th Sep 2024 |
| Demat Transfer | 16th Sep 2024 |
| Listing | 17th Sep 2024 |
| Mandate End | 27th Sep 2024 |
FAQs
- Spp Polymer Limited Share Price: The share price is set at ₹59 per share.
- Spp Polymer Ltd IPO GMP Today: The GMP will be updated closer to the listing date.
- Spp Polymer Subscription: Subscription details will be updated as the IPO progresses.
- Spp Polymer Limited IPO: Active from 10th to 12th September 2024.
- Spp Polymer Limited Owner: Jitendra Narayan Das and Poonam Das.
- Spp Polymer Limited IPO Review: Review details will be updated based on market sentiment and subscription levels.
