Spp Polymer Limited is a company engaged in the manufacturing and trading of plastic polymers, industrial, and other general-purpose plastic goods. Established with the vision to cater to the growing needs of the polymer industry, the company has steadily expanded its operations and market presence.
IPO Details
IPO Start Date: 10th September 2024
IPO End Date: 12th September 2024
Issue Price: ₹59 per share
Lot Size: 2000 Shares
Total Issue Size: 1,18,000 Equity Shares
Status: Active
GMP Price (Grey Market Premium)
The GMP (Grey Market Premium) is an indicator of market sentiment toward the IPO. The current GMP for Spp Polymer Limited IPO will be tracked and updated closer to the listing date.
Promoters
Promoter Name
Stake
Jitendra Narayan Das
4.96% stake in the company.
Poonam Das
39.76% stake in the company.
These individuals collectively play a crucial role in the management and strategic direction of the company.
Financial Summary
Here is a brief summary of the company’s financial performance based on the Restated Financial Statements:
Revenue from Operations: The company reported total revenue of ₹6,581.12 lakhs for the financial year ending March 31, 2024, up from ₹3,629.59 lakhs in 2023.
Profit After Tax: The profit after tax for the year 2024 stood at ₹1,201.30 lakhs, showing significant growth from ₹471.05 lakhs in 2023.
Total Assets: As of March 31, 2024, the company’s total assets were valued at ₹14,649.79 lakhs.
Net Worth: The company’s net worth increased to ₹3,402.82 lakhs in 2024, compared to ₹1,206.99 lakhs in 2023.
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