The Sati Poly Plast IPO subscription status started on July 12, 2024, and QIB, NII, and RII are also subscribing to it. The Sati Poly Plast IPO opens on July 12, 2024, and will end on July 16, 2024. Sati Poly Plast IPO is preparing to raise ₹17.36 crores through its fresh issue the Sati Poly Plast IPO price band is fixed at ₹123 to ₹130 per share. 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 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.
Sati Poly Plast IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Sati Poly Plast IPO Subscription Status, you can see the below-day Subscription. You can check Sati Poly Plast IPO Allotment Status here.
Sati Poly Plast IPO Review :
👉 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 Subscription Status {Live Update} :
The total Sati Poly Plast IPO Subscription Status subscribed 499.13x times so far, with QIB subscribed 146.00x NII subscribed 569.52x times & RII 670.62x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.02x | 146.00x |
| NII : | 14.93x | 127.93x | 569.52x |
| RII : | 38.15x | 228.16x | 670.62x |
| Total : | 22.28x | 141.52x | 499.13x |
Sati Poly Plast IPO Net Shares Offered:
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 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Sati Poly Plast IPO Subscription Status FAQs :
How much is the total Sati Poly Plast IPO Subscription Status?
The total Sati Poly Plast IPO Subscription Status is 499.13x times Day 3.
What is the Sati Poly Plast IPO retail subscription Status?
Sati Poly Plast IPO Retail Subscription 670.62x times Day 3.
What is the status of the Sati Poly Plast IPO QIB subscription?
The Sati Poly Plast IPO QIB subscription is 146.00x times Day 3.
What is the Sati Poly Plast IPO NII subscription status?
Sati Poly Plast IPO NII Subscription 569.52x times Day 3.
When is the Sati Poly Plast IPO Allotment Date?
Sati Poly Plast’s IPO allotment date is July 18, 2024.
When is the Sati Poly Plast IPO Listing Date?
Sati Poly Plast’s IPO listing date is July 22, 2024. The IPO is to be listed 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 IPO GMP: Click Here Sati Poly Plast IPO Details: Click Here Sati Poly Plast IPO Allotment: Click Here Sati Poly Plast IPO 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.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.