SPP Polymer IPO – SPP Polymer is an ISO 9001:2015 certified company specializing in the manufacturing of HDPE/PP woven fabric and bags, non-woven fabrics and bags, and PP multifilament yarn. The company provides packaging solutions to B2B manufacturers in various industries, including cement, chemicals, food grains, sugar, polymers, agriculture, and more, for packaging goods in large quantities.
The company has a manufacturing facility located in Udham Singh Nagar, Uttarakhand. SPP Polymer achieved an installed capacity of 9,125 MT for HDPE/PP woven fabric and bags, and 3,600 MT for non-woven fabric, by incurring a capital expenditure of INR 21.11 crore during FY 2022-2023. As of 31 December 2023, SPP Polymer has an in-house team of four employees dedicated to the sales and marketing of its products.
SPP Polymer IPO, a SME IPO of ₹24.49 Cr opens for subscription from 10-09-2024 to 12-09-2024. The IPO consists of ₹24.49 Cr fresh issue. The face value is Rs 10 and the price band is fixed at 59.00 per share. You can apply to the SPP Polymer SME IPO for a minimum lot of 2000 shares amounting of Rs 118000. The tentative listing date on the exchange (NSE SME) is 17-09-2024.
