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Sati Poly Plast Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Sati Poly Plast Ltd IPO

Registered Office: D N Singh Road, , Bhagalpur - 812002 , Bihar , India.
Phone : +91 98181 04164   Fax:
Email :  satipolyplast1@gmail.com  
Website :  www.satipolyplast.in
Initial public issue of 1335000 equity shares of face value of (Rs)10/- each of Sati Poly Plast Limited ("SPPL" or the "Company" or the "Issuer") for cash at a price of (Rs)130/- per equity share including a share premium of (Rs)120/- per equity share (the "Issue Price") aggregating to (Rs)17.36 crores ("The Issue"), of which 70000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)130/- per equity share including a share premium of (Rs)120/- per equity share aggregating to (Rs)0.91 crores was 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 1265000 equity shares of face value of (Rs)10/- each at a price of (Rs)130/- per equity share including a share premium of (Rs)120/- per equity share aggregating to (Rs)16.45 crores is herein after referred to as the "Net Issue". The issue and the net issue constituted 26.99% and 25.57% respectively, of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Jul-24 16-Jul-24 (Rs)130.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1000  Further Multiples of :1000

  (Rs Cr) Lead Managers to the Issue
Project Cost 14.56
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 17.36  
Post Issue Equity Share Capital 4.95  
Issue Price (Rs)130.00  
 
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Balmukund Jhunjhunwala  
Anita Jhunjhunwala  
Aditya Jhunjhunwala  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd