The Sati Poly Plast IPO commenced on July 12, 2024, and concluded on July 16, 2024. The allotment of shares took place on July 18, 2024, and the initiation of refunds began on July 19, 2024. The shares were credited to the demat accounts of investors on July 19, 2024. Finally, the listing of Sati Polyplast on the stock exchange occurred on July 22, 2024.
The Sati Poly Plast IPO was priced at ₹123 to ₹130 per share, with a lot size of 1000 shares. The total size of Sati Polyplast IPO is ₹17.36 crores out of which ₹17.36 crores is fresh issue. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Sati Poly Plast IPO Basic Details
| Company Name | Sati Poly Plast Limited |
| Domain of Company | Flexible Packaging |
| Aasaan Loans IPO GMP Today | ₹0 |
| Aasaan Loans IPO Listing Gain | 0.00% |
| Aasaan Loans IPO Open Date | July 12, 2024 |
| Aasaan Loans IPO Close Date | July 16, 2024 |
| Aasaan Loans IPO Allotment Date | July 19, 2024 |
| Aasaan Loans IPO Listing Date | July 22, 2024 |
| Face Value | ₹10 per share |
| Price | ₹123 to ₹130 per share |
| Lot Size | 1000 Shares |
| Issue Size | 1,335,000 shares (aggregating up to ₹17.36 Cr) |
| Fresh Issue | 1,335,000 shares (aggregating up to ₹17.36 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Sati Poly Plast IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 9 July 2024 | ₹0 | 0.00% | – | – |
Sati Polyplast IPO Details:
Sati Poly Plast Limited, founded in July 1999, specializes in making flexible packaging materials for various industries.
The company operates two manufacturing plants in Noida. Plant 1, located in Gautam Budh Nagar, produces 540 tons monthly, and Plant 2, in Udhyog Kendra, also has a 540-ton monthly capacity.
Between 2018 and 2019, Sati Poly Plast increased its production capacity from 250 to 500 tons per month.
Their packaging materials are supplied to many states, including Assam, Bihar, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab, and Rajasthan.
The company’s clients include well-known names like Pidilite, Adani Wilmar, and JVL.
As of March 31, 2024, Sati Poly Plast employs 135 people.
Sati Polyplast IPO More Details Click Here
Sati Polyplast IPO FAQs
When is Sati Polyplast IPO open?
Sati Polyplast IPO will open on 12 July 2024.
When is Sati Polyplast IPO Close?
Sati Polyplast IPO will be closed on 16 July 2024.
What is Sati Polyplast IPO GMP Today?
The Sati Polyplast IPO GMP aka Grey Market Premium is ₹0.
What is Sati Polyplast IPO Kostak Rates Today?
The Sati Polyplast IPO Kostak Rate is ₹000.
What is Sati Polyplast IPO Subject to Sauda Price Today?
The Sati Polyplast IPO subject to sauda rates is ₹000.
Sati Polyplast IPO Expected Returns?
The Sati Polyplast expected return is 0.00%.
How much will be the listing gain in Sati Polyplast IPO?
Sati Polyplast IPO will get listing gain of 0.00%. (Approx.)
