Sati Poly Plast Limited (NSE SME)

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Sati Poly Plast Limited (NSE SME)

July 12, 2024 – July 16, 2024

Price ₹123 - ₹130
Premium ₹140
Lot size 1000
Allotment Jul 18, 2024
Listing Jul 22, 2024

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Last updated on 16-Jul-2024 17:02:02

CategoryOfferedAppliedTimes
QIB25300036939000146
NIB190000108251000569.74
RETAIL443000296718000669.79
Total886000441908000498.77
Retail Apps296718© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹99.43
@8%
₹113.64
@9%
₹127.84
@10%
₹142.04
@11%
₹156.25
@12%
₹170.45

About

Category Lot(s) Qty Amount Reserved
Retail 1 1000 130000 443
HNI 2 2000 260000 190
IPO Details
Total Issue Size1,335,000 shares (aggregating up to 17.36 Cr)
Fresh Issue1,335,000 shares (aggregating up to 17.36 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue36,12,000
Share holding post issue49,47,000
Market Maker's Portion

70,000 Shares

Spread X Securities

IPO Reservation
Investor CategoryShares Offered
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue
Key Performance indicator
KPIMar-24Mar-23Mar-22
ROE40.38%127.02%37.83%
ROCE20.45%22.63%9.21%
RONW26.71%77.68%31.81%
EPS
(basic & diluted)
9.79.680.88
P/E
(Pre IPO)
14.29
P/E
(Post IPO)
19.57
Financial Statement (Restated)
Period EndedMar-24Mar-23Mar-22
Assets5,637.574,194.083,578.70
Revenue17,940.9819,096.6917,522.39
Profit After Tax328.64308.8928.23
Net Worth1,230.28397.6488.75
Reserves and Surplus869.08291.24-17.65
Total Borrowing2,520.142,630.502,358.89
Amount in  Lakhs
About Company

Incorporated in July 1999, Sati Poly Plast Limited specializes in manufacturing multifunctional flexible packaging materials catering to various industries. The company operates two manufacturing units, both located in Noida: Plant 1 in Gautam Budh Nagar, with a production capacity of 540 tons per month, and Plant 2 in Udhyog Kendra, also capable of producing 540 tons per month. Between 2018 and 2019, the company successfully increased its installed capacity from 250 tons per month to 500 tons per month. Sati Poly Plast Limited supplies its packaging materials across numerous states, including Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Puducherry, Punjab, and Rajasthan. The company's notable clients include Pidilite, Adani Wilmar, and JVL. As of March 31, 2024, Sati Poly Plast Limited employs a total of 135 on-roll employees.

Strength Factors

Efficient Cost Management: The company excels in cost leadership, ensuring competitive pricing and profitability.

Timely Project Execution: Commitment to time-bound execution guarantees timely delivery and project completion.

Strong Labor Relations: Maintains a positive and productive relationship between management and labor, fostering a cooperative work environment.

 Risk Factors

Regional Dependency: Heavy reliance on revenue from Uttar Pradesh makes the company vulnerable to regional disruptions.

Litigation Risks: Ongoing litigation could negatively impact the company's business, reputation, and financial performance if outcomes are unfavorable.

Customer Concentration: Dependence on a limited number of customers poses a risk; losing any major customer could significantly affect revenues and profitability.

Strength

Weakness

Address

Sati Poly Plast Limited

D.N.Singh Road

Bhagalpur 812 002

Phone: +91 98181 04164

Email: satipolyplast1@gmail.com

Website: https://www.satipolyplast.in/

Registrar

Link Intime India Private Ltd
Address: Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083