Command Polymers IPO GMP | Details, Date, Price, Review

Command Polymers IPO Details ( Command Polymers IPO Review )

(17 Mar 2023 – 21 Mar 2023)

Command Polymers Limited was established in 1998 to engage in the marketing and manufacturing of various polymer-based products. Among the range of products offered by the company are Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.

Command Polymers’ products have diverse applications across various industries, including industrial packaging and the food industry. The company’s versatility and large scale enable it to cater to multiple industries, and its scope continues to expand.

The company’s main activities are manufacturing and trading, which generate 67% and 33% of its revenue, respectively.

Command Polymers Limited’s manufacturing facility is located in District 24 Parganas (South), and is equipped with all the necessary machinery and tools for efficient manufacturing and logistics.

Command Polymers Company Product:

1. DETAILS OF OUR PRODUCTS: MANUFACTURING
   • Polythene LF Tube
   • Tarpoulin Sheet
2. DETAILS OF OUR PRODUCTS: TRADING
   • Polyester Fabric

Command Polymers IPO Competitive Strength

• Experienced Management Team
• Existing relationships with suppliers
• Quality Assurance
• Smooth flow of operations
• Scalable Business Model
• Our Product enables us to serve diversified industries

Command Polymers IPO Financials Performance ( Results )

Command Polymers Limited Financial Information ( Restated )

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	EPS (₹)	Net Worth	Reserves	Borrowing
31-Mar-20	1,640.40	1,089.84	9.43	0.14	921.39	236.92	238.57
31-Mar-21	2,252.48	1,636.76	19.64	0.29	932.37	247.90	514.25
31-Mar-22	1,889.12	1,948.50	30.02	0.44	962.39	277.92	685.14
31-Dec-22	2,225.23	1,460.15	16.16	0.23	978.56	294.09	661.04

Objective of IPO Issue

• Funding Working capital requirements
• Repayment of Loans
• General Corporate Purpose

Command Polymers IPO Basic Details

IPO Date	Mar 17, 2023 to Mar 21, 2023
Listing Date	Friday, March 29, 2023
Face Value	₹10 per share
Price	₹28 per share
Lot Size	4000 Shares
Issue Size	2,532,000 shares of ₹10 (aggregating up to ₹7.09 Cr)
Fresh Issue	2,532,000 shares of ₹10 (aggregating up to ₹7.09 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE SME
NII (HNI) Shares Offered	50% of the Offer
Retail Shares Offered	50% of the Offer
Company Promoters	Kundan Vinimay Private Limited, Sukhjit Consultants Limited, Sukhdhan Vinimay Private Limited and Ridhi Sidhi Advisory Private Limited

Command Polymers IPO Timetable

Command Polymers IPO will open on Mar 17, 2023 and close on Mar 21, 2023. You can join Command Polymers IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	Mar 17, 2023
Closing Date	Mar 21, 2023
Basis of Allotment	Mar 24, 2023
Initiation of Refunds	Mar 27, 2023
Credit of Shares to Demat	Mar 28, 2023
Listing Date	Mar 29, 2023

Command Polymers IPO Lot Size

For retail investors in Command Polymers IPO, 4000 shares will come in 1 lot or the minimum investment will be ₹112,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹112,000.

Application	Lots	Shares	Amount
Retail (Min)	1	4000	₹112,000
Retail (Max)	1	4000	₹112,000
S-HNI (Min)	2	8000	₹224,000

Command Polymers IPO Promoter Holding

Pre Issue Share Holding	52.60%
Post Issue Share Holding	38.39%

Command Polymers IPO Valuation – Last Three Fiscals ( Average )

Earning Per Share (EPS)	₹0.34 per Equity Share
Price/Earning P/E Ratio	121.74
Return on Net Worth (RoNW)	2.43%
Net Asset Value (NAV)	₹14.30 per Equity Share
Upper Price/Book Value (Price/BV) Ratio	1.96

Command Polymers Ltd Peer Comparison

Company Name	CPM	Face Value	EPS (₹)	P/E Ratio	RoNW (%)	NAV (₹)	P/BV Ratio
Command Polymers Limited	–	10.00	0.44	–	3.12%	14.06	–
Peer Group
G M Polyplast Limited	120.95	10.00	21.81	5.55	20.52%	106.21	7.53

Command Polymers IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
21 March 2023	₹-4	–	–
20 March 2023	₹-4	–	–
19 March 2023	₹-4	–	–
18 March 2023	₹-4	–	–
17 March 2023	₹-4	–	–
16 March 2023	₹-3	–	–

Command Polymers IPO Detail Video:

Command Polymers IPO Subscription Status (Bidding Detail)

The Command Polymers IPO on Mar 21, 2023 at 7:30:00 PM was subscribed 1.39 times, with the retail category being subscribed 0.98 times, the NII (Non-Institutional Investor) category being subscribed 1.81 times.

Category	Subscription
NII	1.81x
Retail	0.98x
Total	1.39x

Command Polymers IPO Prospectus

Command Polymers IPO DRHP	Download
Command Polymers IPO RHP	Download

Command Polymers IPO Rating

Our Rating

1.0/5.0

Command Polymers Compnay Contact Information

Registered Office: Mouza Malancha, J.L.No.87, P.O. Narayanpur,
P.S Bhangar, District 24 Parganas (South), West Bengal-743502
Tel No.: +91 62895 09962
Email: info@commandpolymers.com
Website: www.commandpolymers.com
Contact Person: Sikha Banka, Company Secretary and Compliance Officer.
Our Promoters: Kundan Vinimay Private Limited, Sukhjit Consultants Limited,
Sukhdhan Vinimay Private Limited and Ridhi Sidhi Advisory Private Limited
Corporate Identity Number: U19201WB1998PLC088098

Command Polymers IPO Registrar

KFIN TECHNOLOGIES PRIVATE LIMITED

Address: Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel No.: +91 40 6716 2222
Email: cpl.ipo@kfintech.com
Tel No.: +91 40 6716 2222
Website: www.kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Contact Person: Mr. M. Murali Krishna
SEBI Registration No.: INR000000221

Command Polymers IPO Lead Manager

ARYAMAN FINANCIAL SERVICES LIMITED

Address: 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001.
Tel: +91 – 22 – 6216 6999
Email: ipo@afsl.co.in
Website: www.afsl.co.in
Investor Grievance Email: feedback@afsl.co.in
Contact Person: Vatsal Ganatra
SEBI Registration No.: INM000011344

Command Polymers IPO FAQs