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SPP Polymer Limited

SPP Polymer Limited

smelisted
Registrar: KFIN TECHNOLOGIES LIMITED · Listing 2024-09-17
IPO Timeline
Today · 20 Oct 2026
Opens
10 Sept 2024
Closes
12 Sept 2024
Allotment
12 Sept 2024
Refund
16 Sept 2024
Demat
13 Sept 2024
Listing
17 Sept 2024
Price Band
₹59–59
GMP
₹0
0%
Lot Size
2000 Shares
Min ₹118,000
Subscription
0x
Issue Size
₹24.49 Cr
Open
2024-09-10
Close
2024-09-12
Listing
2024-09-17

About the company

## **About SPP Polymer Limited** Incorporated in 2004, SPP Polymer Limited is a leading name in the polymer manufacturing industry, recognized for its state-of-the-art production facility and commitment to delivering exceptional quality products. Their manufacturing setup is equipped with cutting-edge technology and managed by a team of seasoned professionals who ensure that each product meets the highest standards. This robust infrastructure allows us to provide their clients with a diverse range of polymer solutions tailored to their specific needs, all while maintaining competitive pricing. At SPP Polymer Limited, quality is their top priority. Their extensive quality control mechanisms are embedded at every stage of the production process. From the initial sourcing of raw materials to the final product, their rigorous quality checks guarantee that their offerings adhere to the precise requirements of their customers. Their raw materials are procured from trusted vendors and undergo thorough testing in their in-house laboratory before being used in production. Their quality testing laboratory is equipped with the latest technology to ensure their products meet global standards. The lab conducts a variety of stringent tests, including tensile strength testing, elongation testing, dart impact, drop tests, water resistance tests, UV exposure, and weathering tests, among others. These comprehensive evaluations are crucial in verifying the durability and performance of their products, ensuring that they consistently exceed industry benchmarks. Furthermore, SPP Polymer Limited prides itself on its ability to provide customized solutions based on detailed client specifications. Their expert team works closely with clients to develop products that meet their unique needs, leveraging their advanced infrastructure and technical expertise. By maintaining an unwavering focus on quality and customer satisfaction, SPP Polymer Limited continues to lead the way in the polymer industry, setting standards for excellence and reliability. SPP Polymer Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Repayment of Loan  1. Working capital requirement  1. General Corporate Purpose

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 17 Sept 2024
      Listed 763 days ago
      1. IPO Opens

        Completed
        10 Sept 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        12 Sept 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        12 Sept 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        16 Sept 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        13 Sept 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        17 Sept 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      2000 shares
      Price / Share (upper)
      ₹59
      Min Investment (1 lot)
      ₹118,000
      Price Band
      ₹59–59
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      2000
      Min amount
      ₹118,000
      Max amount
      ₹118,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      4000
      Min amount
      ₹236,000
      Max amount
      ₹236,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹12.25 Cr
      Shares offered
      2,075,424
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.67 Cr
      Shares offered
      622,627
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹8.57 Cr
      Shares offered
      1,452,796
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).