Sati Poly Plast Limited manufactures multifunctional flexible packaging materials that meet the packaging needs of various industries.
The company has set up two manufacturing units:
- Plant 1 is located in Gautam Budh Nagar, Noida, and can produce 540 tons per month.
- Plant 2 is situated in Udhyog Kendra, Noida, and has an installed capacity of 540 tons per month.
The company has steadily increased its installed capacity from 250 tonnes per month to 500 tonnes per month between 2018 and 2019.
The company supplies its packaging material to states such as Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and 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 and JVL. As of March 31, 2024, the company has a total of 135 on roll Employees.
Sati Poly Plast IPO – Details
| IPO Opening Date | 12 July 2024 |
| IPO Closing Date | 16 July 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 13,35,000 Shares Worth ₹17.36 Crore Fresh Issue: 13,35,000 Shares Worth ₹17.36 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹123 – ₹130 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Sati Poly Plast IPO – Date Schedule
| IPO Open Date | 12 July 2024 |
| IPO Close Date | 16 July 2024 |
| Credit of Shares to Demat Account | 18 July 2024 |
| Initiation of Refund | 19 July 2024 |
| Credit of Shares to Demat Account | 19 July 2024 |
| IPO Listing Date | 22 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 16, 2024 |
Sati Poly Plast IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,30,000 |
| Retail (Max) | 1 | 1000 | ₹1,30,000 |
| HNI (Min) | 2 | 2000 | ₹2,60,000 |
Competitive Strengths
- Established Manufacturing Facility.
- Cost Leadership and time bound execution.
- Cordial relationship between management and labour.
- Existing relationship with the clients.
- Quality Assurance.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 175.22 | 175.07 | 0.28 | 23.58 |
| 31 March 2023 | 190.96 | 187.02 | 3.08 | 26.30 |
| 31 March 2024 | 179.40 | 175.22 | 3.28 | 25.20 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 40.38% |
| ROCE | 20.45% |
| Debt/Equity | 1.82 |
| RoNW | 26.71% |
| P/BV | 3.58 |
| PAT Margin (%) | 1.83 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 9.1 | 6.64 |
| P/E (x) | 14.29 | 19.57 |
Object Of The Issue
Sati Poly Plast IPO Promoter Holding
| Pre Issue Share Holding | 86.30% |
| Post Issue Share Holding | 63.00% |
Sati Poly Plast IPO Prospectus
Company Contact Information
| Sati Poly Plast Limited D.N. Singh Road Bhagalpur 812 002 Phone: +91 98181 04164 Email: satipolyplast1@gmail.com Website: https://www.satipolyplast.in/ |
Sati Poly Plast IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: satipoly.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Sati Poly Plast IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Sati Poly Plast IPO FAQs
| What is Sati Poly Plast IPO? Sati Poly Plast IPO is a SME IPO. The issue is priced at ₹123 to ₹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 on 12 July 2024 for QIB, NII, and Retail Investors. |
| What is Sati Poly Plast IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Sati Poly Plast IPO? You can apply Sati Poly Plast IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Sati Poly Plast IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sati Poly Plast”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Sati Poly Plast IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sati Poly Plast“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Sati Poly Plast IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sati Poly Plast”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Sati Poly Plast IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Sati Poly Plast”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Sati Poly Plast IPO Size? Sati Poly Plast IPO size is ₹17.36 Crore. |
| What is Sati Poly Plast IPO Price Band? Sati Poly Plast IPO Price Band is ₹123 to ₹130. |
| What is Sati Poly Plast IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1000 Shares with ₹1,30,000 amount while the maximum bid is 1000 Shares with ₹1,30,000. |
| What is the Sati Poly Plast IPO Allotment Date? Sati Poly Plast IPO allotment date is 18 July 2024. |
| What is the Sati Poly Plast IPO Listing Date? Sati Poly Plast IPO listing date is 22 July 2024. The IPO is to be listed on NSE SME. |
