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15 Days Price Change

SPP Polymer IPO

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WEBSITE Inc. Year: 2004 Industry: Packaging Listed Page

Profile
Issue Size --
Profile
Price Range 59  to  59 per share
Profile
Min Investment ₹59
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Founded in 2004 and originally known as SPP Food Products Private Limited, SPP Polymers Limited is a prominent manufacturing company located in Rudrapur City, Uttarakhand. The company focuses on producing a comprehensive range of polymer-based products, catering to various industrial and commercial needs. Their product lineup includes: 1. HDPE/PP Woven Fabric : Durable and versatile fabric made from High-Density Polyethylene (HDPE) or Polypropylene (PP), used in applications ranging from industrial sacks to protective covers. 2. HDPE/PP Woven Bags: Strong, lightweight bags made from HDPE or PP woven fabric, commonly used for packaging and transporting goods. 3. Non-Woven Fabric: A type of fabric made from fibers bonded together through various methods, used in applications such as medical supplies, filters, and geotextiles. 4. Non-Woven Bags: Reusable, eco-friendly bags made from non-woven fabric, often used for retail and promotional purposes. 5. Multifilament PP Yarn: Fine, strong yarn made from polypropylene, utilized in various textiles and industrial applications for its durability and strength. SPP Polymers Limited leverages advanced manufacturing techniques to ensure high-quality products that meet diverse market needs, combining functionality with innovation. Read More

Basic Info

Face Value 10 per share

Price 59  to  59 per share

P/E (x) 84.3

Sales( Cr.) 108

PAT( Cr.) 1

EPS 0.7

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Dipak Goyal Mahavir Bahety Liladhar Mundhara Asha Ram Bahety

Pre Issue Share Holding 94.99%

Post Issue Share Holding 69.37%

Listing Details:

Listing Price: 63

Listing Gain: 6.35%

Current Price: 12.8

Gain On Issue: 12.8 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 10, 2024
Closing Date Sep 12, 2024
Allotment Sep 13, 2024
Refund Sep 16, 2024
Delivery of Shares Sep 16, 2024
Listing Date Sep 17, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 118,000
Retail (Max) 1 2000 118,000
S-HNI (Min) 2 4000 236,000
S-HNI (Max) 8 16000 944,000
B-HNI (Min) 9 18000 1,062,000

Objective of the Issue

1. Repayment of Loan 2. Working capital requirement 3. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 2075000 46376250 22.4x
Retail 2075000 124230250 59.9x
EMP 0 0 0x
Total 4150000 179653500 43.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

SPP Polymer Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 66 80 66 92 108
Other Income 0 0 1 2 1
Total Income 66 81 67 94 109
Total Expenditure 63 79 63 86 102
Operating Profit 3 2 3 8 7
Interest 1 1 1 3 2
Depreciation 1 1 1 4 4
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 1 0 1 1 2
Provision for Tax 0 0 0 0 1
Profit After Tax 1 0 1 1 1
Adjustments 0 0 0 0 0
Profit After Adjustments 1 0 1 1 1
Adjusted Earnings Per Share 1.2 0.3 0.5 0.9 0.7

SPP Polymer Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 14 20 24 25 51
Minority's Interest 0 0 0 0 0
Borrowings 0 0 11 8 0
Other Non-Current Liabilities -0 -0 -0 -0 -0
Total Current Liabilities 8 18 19 37 29
Total Liabilities 22 38 54 71 80
Fixed Assets 6 7 27 24 23
Other Non-Current Assets 1 5 1 2 5
Total Current Assets 15 26 26 45 53
Total Assets 22 38 54 71 80

SPP Polymer Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 1 1 0
Cash Flow from Operating Activities 4 -6 4 6 -10
Cash Flow from Investing Activities -0 -6 -17 -2 -5
Cash Flow from Financing Activities -4 13 12 -5 15
Net Cash Inflow / Outflow 0 0 -0 -1 -0
Closing Cash & Cash Equivalent 1 1 1 0 0

SPP Polymer Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.24 0.26 0.48 0.93 0.73
CEPS(Rs) 2.35 1.19 1.62 4.58 3.13
DPS(Rs) 0 0 0 0 0.5
Book NAV/Share(Rs) 16.14 17.95 21.65 22.53 33.21
Core EBITDA Margin(%) 3.61 1.92 4.05 6.73 5.55
EBIT Margin(%) 2.73 1.26 3.23 4.5 3.36
Pre Tax Margin(%) 1.96 0.51 1.55 1.56 1.82
PAT Margin (%) 1.63 0.35 0.82 1.13 1.05
Cash Profit Margin (%) 3.09 1.63 2.75 5.61 4.48
ROA(%) 4.87 0.94 1.18 1.67 1.49
ROE(%) 7.67 1.66 2.47 4.19 2.95
ROCE(%) 9.58 3.98 5.41 9.09 7.01
Receivable days 54.12 45.33 49.87 43.65 51.52
Inventory Days 22.08 30.43 54.27 69.27 90.83
Payable days 12.38 16.63 35.4 77.76 97.56
PER(x) 0 0 0 0 18.53
Price/Book(x) 0 0 0 0 0.41
Dividend Yield(%) 0 0 0 0 3.69
EV/Net Sales(x) 0.09 0.18 0.37 0.33 0.27
EV/Core EBITDA(x) 2.19 6.92 7.1 3.66 3.91
Net Sales Growth(%) 0 22.5 -17.73 38.92 17.23
EBIT Growth(%) 0 -43.35 110.05 93.51 -12.3
PAT Growth(%) 0 -73.81 94.29 91.11 8.24
EPS Growth(%) 0 -79.4 89.84 91.11 -20.95
Debt/Equity(x) 0.34 0.64 0.91 0.75 0.15
Current Ratio(x) 1.91 1.42 1.37 1.2 1.82
Quick Ratio(x) 1.41 0.9 0.83 0.54 0.83
Interest Cover(x) 3.55 1.68 1.92 1.53 2.18
Total Debt/Mcap(x) 0 0 0 0 0.37

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 11% 0% 0%
Operating Profit CAGR -13% 52% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -29% NA% NA% NA%
ROE Average 3% 3% 4% 4%
ROCE Average 7% 7% 7% 7%

Company Contact Information

SPP Polymer Ltd.

Bearing No D P T 212, D L F Prime Tower Okhla Industrial Estate Phase 1

IPO Lead Manager(s)

SPP Polymer Ltd.

Interactive Financial Services Ltd.

Registrar Info

SPP Polymer Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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