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SPP Polymer Ltd

SPP Polymer Ltd

    Registered Office : Bearing # DPT212 DLF Primer TW,Okhla Industrial Area Phase I,Delhi Delhi 110020 Phone : +91 91 59442 97751
    Fax :

    Email : cs@spppolymer.com

    Website : www.spppolymer.com

Initial public issue of 41,50,000 equity shares of face value of Rs. 10/- each of SPP Polymer Limited ("SPP Polymer" or the "Company" or the "Issuer") for cash at a price of Rs. 59/- per equity share including a share premium of Rs. 49/- per equity share (the "Issue Price") aggregating to Rs. 24.49/-crores ("The Issue"), of which 2,10,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 59 /- per equity share including a share premium of Rs. 49 per equity share aggregating to Rs. 1.24 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 39,40,000 equity shares of face value of Rs. 10/- each at a price of Rs. 59 /- per equity share aggregating to Rs. 23.25/- crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.96 % and 25.59 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 /- each and the issue price is 5.9 times of the face value.

Issue

Opens On

Closes On

10-Sep-2024

12-Sep-2024

Money Payable On

Application

Allotment

59.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

23.49

24.49

15.39

59.00

Interactive Financial Services Ltd

Projects
  • Repayment of Loan
  • Working Capital Requirement
  • General Corporate Purposes
Promoted By
  • Dipak Goyal
  • Mahavir Bahety
  • Liladhar Mundhara
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Techologies Ltd