Sati Poly Plast IPO will be Open on July 12, 2024, and close on July 16, 2024. The company has fixed the price of this IPO at ₹123-₹130 according to the face value of ₹10. The company will raise ₹17.36 Crore through this IPO under the 1,335,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota is 50% for QIB 15% for NII and 35% for Retail investors in this IPO. You can check Sati Poly Plast IPO GMP here.
Sati Poly Plast Limited manufactures flexible packaging material that is multifunctional and caters to the packaging requirements of various industries. The company provides end-to-end solutions for various flexible packaging needs. The Company commenced the manufacturing of flexible packaging material.
The Company has set up two manufacturing units, of which “Plant 1” is situated at C44, Phase II, Gautam Budh Nagar – Noida-201305 with an installed capacity of 540 tones per month, and “Plant 2” is situated at Plot No. 85 Udhyog Kendra, Noida -201306 with an installed capacity of 540 tones per month. The Company has been consistently expanding its business operations by increasing its installed capacity from 250 tonnes per month to 400 tonnes per month in 2018 and to 500 tonnes per month in 2019. You can check Sati Poly Plast IPO subscription status here.
The company supplies its packaging material to states such as Assam, Bihar, Chhattisgarh, Dadra Nagar Haveli Daman, and Diu Delhi. Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab and Rajasthan. You can check Sati Poly Plast IPO Allotment Status here.
Objects Of The Issue :
- Working Capital Requirements
- General Corporate Purposes
Company Strengths :
- Established Manufacturing Facility.
- Cost Leadership and time-bound execution.
- The cordial relationship between management and labor.
- Existing relationship with the clients.
- Quality Assurance.
| Read also: Upcoming IPO List 2024 |
Sati Poly Plast IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹3.29 Cr ₹130 /EQ 9.70 13.40x 40.38 % 26.71 % 20.45 % 1.82 ₹36.29 ₹56.37 Cr ₹64.31 Cr 86.30 % 63.00 % |
| Team Review : | ✔ Apply For Long Term |
👉 Sati Poly Plast IPO Show Review ….👈
- ■ The company operating in a highly competitive and fragmented segment of flexi packaging business
- ■ The company posted almost static top lines for the last three fiscals with varying bottom lines.
- ■ The PE ratio of the company is slightly high.
- ■ The company Issue price is slightly aggressive based on the PE Ratio but the company growth line is clear.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the mid term & long-term investing.
Sati Poly Plast IPO, Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | July 12, 2024 |
| IPO Close : | July 16, 2024 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹123-₹130 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹17.36 Cr {1,335,000 Shares} |
| Fresh Issue : | ₹17.36 Cr {1,335,000 Shares} |
Sati Poly Plast IPO Market Lot :
Sati Poly Plast IPO Minimum Market lot is 1 Lot with 1000 shares with ₹130000 Application amount. The retail investors can apply up to 2 lots with 2000 Shares or ₹260000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1000 | ₹130000 |
| Retail (Max) : | 1 | 1000 | ₹130000 |
| S-HNI (Min) : | 2 | 2000 | ₹260000 |
Sati Poly Plast IPO Net Reservation :
Sati Poly Plast IPO Net Reservation of 13,35,000 shares is to be bid for the public issue by Sati Poly Plast IPO with 253,000 for QIB 190,000 for NII 443,000 For RII.
| Category | Reservation | Shares | Amount Cr |
| Anchor : | 28.39% | 379,000 | ₹4.93 |
| QIB : | 18.95% | 253,000 | ₹3.29 |
| NII : | 14.23% | 190,000 | ₹2.47 |
| RII : | 33.18% | 443,000 | ₹5.76 |
| MMRP : | 5.24% | 70,000 | ₹0.91 |
| Total : | 100% | 13,35,000 | ₹17.36 |
Sati Poly Plast IPO EPS & RoNW :
The Sati Poly Plast company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2024 | ₹9.70 | 26.71 | ₹36.29 |
| 2023 | ₹9.68 | 77.68 | ₹12.46 |
| 2022 | ₹0.88 | 31.81 | ₹2.78 |
Sati Poly Plast IPO Peer Comparison PE :
The Sati Poly Plast, According to the RHP of the company is listed whose PE Multiple is shown in this table.
| Company | PE Ratio |
| Sabar Flex India | 7.50 |
| Uma Converter | 11.81 |
Sati Poly Plast IPO Dates :
Sati Poly Plast IPO Date is July 12, 2024, and closes on July 16, 2024. The allotment will be finalized on July 18, 2024, and the IPO may list on July 22, 2024.
| Issue Open Date : | July 12, 2024 |
| Issue Close Date : | July 16, 2024 |
| Allotment Date : | July 18, 2024 |
| Refund Date : | July 19, 2024 |
| Share Credit Date : | July 19, 2024 |
| Listing Date : | July 22, 2024 |
Sati Poly Plast IPO Form :
There are two ways to apply for Sati Poly Plast IPO. You can apply for Sati Poly Plast IPO through ASBA available in your bank account. You have to go to your online bank login select Sati Poly Plast IPO in the Invest section and apply through your bank account. Another option is to apply for Sati Poly Plast IPO through an IPO form downloaded through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Sati Poly Plast Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2024 | ₹17,940.98 | ₹17,522.77 | ₹328.64 |
| 2023 | ₹19,096.69 | ₹18,702.57 | ₹308.89 |
| 2022 | ₹17,522.39 | ₹17,507.28 | ₹28.23 |
Company Promoters :
■ Mr. Balmukund Jhunjhunwala
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investors
Sati Poly Plast IPO Lead Managers :
■ Beeline Capital Advisors Pvt Ltd
Sati Poly Plast IPO Registrar :
Link Intime India Private Limited
Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri
Marg, Vikhroli (West), Mumbai, Maharashtra, India – 400083.
Tel. Number: +91 810 811 4949;
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.linkintime.co.in
Note: Check Sati Poly Plast IPO allotment status Visit the IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Sati Poly Plast Limited
D.N. Singh Road
Bhagalpur 812 002
Phone: +91 98181 04164
Email: [email protected]
Website: https://www.satipolyplast.in/
Sati Poly Plast IPO FAQs :
What is Sati Poly Plast IPO?
Sati Poly Plast IPO is SME IPO. They are going to raise ₹17.36 Crores via IPO. The issue is priced at ₹130 per equity share. The IPO is to be listed on NSE, SME.
When Sati Poly Plast IPO will open?
The IPO is to open from July 12 to July 16, 2024, for QIB, NII & RII.
How much is Sati Poly Plast’s IPO Size?
Sati Poly Plast’s IPO size is ₹17.36 Crores.
How much is the Fresh issue size of Sati Poly Plast IPO?
The Fresh issue size of Sati Poly Plast IPO ₹17.36 Cr.
What is the Sati Poly Plast IPO Price Band?
Sati Poly Plast IPO Price Band is ₹123-₹130 Per share.
What is the Sati Poly Plast IPO Minimum and Maximum Lot Size?
The minimum bid is 1000 Shares with ₹130,000 amount while the maximum bid is 2000 shares with ₹260,000.
How much is Sati Poly Plast IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, RII 35%.
When is the Sati Poly Plast IPO Allotment Date?
Sati Poly Plast IPO allotment date is July 18, 2024.
When is the Sati Poly Plast IPO Listing Date?
Sati Poly Plast IPO listing date is July 22, 2024. The IPO to list on NSE, SME.
How to Apply the Sati Poly Plast IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Sati Poly Plast IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sati Poly Plast IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Sati Poly Plast IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sati Poly Plast IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Sati Poly Plast IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sati Poly Plast IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Sati Poly Plast IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Sati Poly Plast GMP: Click Here Sati Poly Plast Subscription: Click Here Sati Poly Plast Allotment: Click Here Sati Poly Plast Listing: Click Here |
All Sati Poly Plast IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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