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Sati Poly Plast IPO
Price Band
₹123.0–130.0
Issue Size
₹17.36 Cr
Lot Size
1,000 shares
Min Investment
₹130,000
GMP
+₹140.0 (107.69%)
Issue Price
₹130.0
Subject to Sauda
₹106400
Paid only if allotted
Sati Poly Plast IPO AI Summary
- Sati Poly Plast IPO is listed on NSE SME in the Packaging sector.
- Price band: ₹123.0–₹130.0 per share, lot size 1,000 shares (min. investment ₹130,000).
- Subscription window: 12 Jul–16 Jul 2024, listing on 22 Jul 2024.
- Current GMP is +₹140.0 (107.69%), an estimated listing price of ₹270 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Sati Poly Plast IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 16 Jul 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Sati Poly Plast IPO Grey Market Premium (GMP) Today
GMP
+₹140.0
GMP %
+107.69%
Est. Listing
₹270.0
Updated: 25 Jul 2026 14:05
About the Company
Incorporated in July 1999, Sati Poly Plast Limited manufactures multifunctional flexible packaging materials that meet the packaging needs of various industries. The company has set up two manufacturing units. Plant 1 is located in Gautam Budh Nagar, Noida, and can produce 540 tons per month. Plant 2 is situated in Udhyog Kendra, Noida, and has an installed capacity of 540 tons per month. The company has steadily increased its installed capacity from 250 tonnes per month to 500 tonnes per month between 2018 and 2019. The company supplies its packaging material to states such as 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 clients include Pidilite, Adani Wilmar and JVL. As of March 31, 2024, the company has a total of 135 on roll Employees.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 56.38 | 41.94 | 35.79 |
| Total Income | 179.41 | 190.97 | 175.22 |
| Profit After Tax | 3.29 | 3.09 | 0.28 |
| NET Worth | 12.30 | 3.98 | 0.89 |
| Reserves and Surplus | 8.69 | 2.91 | -0.18 |
| Total Borrowing | 25.20 | 26.31 | 23.59 |
Key Ratios
EPS
₹9.10
NAV
₹36.29
ROE
40.38%
ROCE
20.45%
RoNW
26.71%
P/B Value
3.58
P/E Ratio
14.29
Market Cap
₹64.31 Cr
PAT Margin
1.83%
Debt/Equity
1.82
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Uma Converter Limited | 35.74 | 5.78% | 11.81 | 2.07 |
| Sabar Flex India Limited | 18.99 | 13.36% | 7.5 | 2.64 |
| Sati Poly Plast Limited This IPO | 36.29 | 26.71% | 14.29 | 9.7 |
Promoters
Balmukund Jhunjhunwala, Anita Jhunjhunwala, Aditya Jhunjhunwala, Keshav Jhunjhunwala and Balmukund Jhunjhunwala (HUF)
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Working Capital Requirements 11.00 2 General Corporate Purposes 3.56
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹175.22 Cr in the year ending 31 Mar 2022, rising to ₹190.97 Cr by 31 Mar 2023, though it decreased to ₹179.41 Cr in the year ending 31 Mar 2024. This indicates a fluctuation in revenue over the periods.
Profit Trend
Profit After Tax was ₹0.28 Cr in the year ending 31 Mar 2022, increasing to ₹3.09 Cr by 31 Mar 2023, and further rising to ₹3.29 Cr in the year ending 31 Mar 2024. This shows a positive trend in profitability over the periods.
Valuation
Sati Poly Plast Limited's P/E ratio at the issue price is 14.29. This is compared to peers like Uma Converter Limited, which has a P/E of 11.81, and Sabar Flex India Limited, which has a P/E of 7.5.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before the stock officially lists. A higher GMP suggests strong demand and potential for listing gains, but it is not guaranteed.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's fundamentals and market conditions.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens on July 12, 2024, and closes on July 16, 2024. Allotment of shares will be finalized by July 18, 2024, with the listing date set for July 22, 2024.
Listing Gains — The Risk
Listing gains can be unpredictable and depend on various factors, including market sentiment and demand for the stock. Investors should be aware that while some IPOs may see significant price increases on their listing day, others may not perform as expected.
This evaluation is generated from Sati Poly Plast's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Sati Poly Plast IPO GMP today?
Sati Poly Plast IPO GMP today is +₹140.0 (107.69%), indicating an estimated listing price of ₹270. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Sati Poly Plast IPO?
The price band of Sati Poly Plast IPO is ₹123.0–₹130.0 per share.
When does Sati Poly Plast IPO open and close?
Sati Poly Plast IPO opens on 12 July 2024 and closes on 16 July 2024.
When does Sati Poly Plast IPO list on the stock exchange?
Sati Poly Plast IPO listed on 22 July 2024 at ₹270.0.
What is the lot size for Sati Poly Plast IPO?
The lot size for Sati Poly Plast IPO is 1000 shares, requiring a minimum investment of ₹130,000.
What is the price band for the Sati Poly Plast IPO?
The price band for the Sati Poly Plast IPO is ₹123.0 to ₹130.0.
What is the minimum investment required?
The minimum investment required is ₹130,000.
What is the lot size for this IPO?
The lot size for this IPO is 1000 shares.
When will the shares be listed?
The shares are expected to be listed on July 22, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount on the listing price of the IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
12 Jul 2024
Close
16 Jul 2024
Allotment
18 Jul 2024
Listing
22 Jul 2024
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