
Materials / Specialty Chemicals / Plastics Manufacturing · BSE
GM Polyplast, established in 2003 and based in Mumbai, specializes in manufacturing high-quality plastic sheets, including PVC, HIPS, HDPE, and ABS sheets. In addition to sheet production, the company also manufactures granules used as raw materials for these sheets. Over the years, it has expanded its product portfolio to include Acrylonitrile Butadiene Styrene (ABS) sheets, High Impact Polystyrene (HIPS) sheets, PET sheets, A-PET sheets, R-PET sheets, HDPE sheets, PP sheets, and ESD materials. With a state-of-the-art manufacturing facility in Dadra & Nagar Haveli, equipped with advanced technology, GM Polyplast ensures premium quality products for its clients. Domestically, it serves customers across multiple states, including Maharashtra, Gujarat, West Bengal, Tamil Nadu, and Delhi, while also exporting to international markets such as the UAE, Israel, Hong Kong, and Jordan.
Price Band
₹159
Issue Size
₹8.09 Cr
Lot Size
800 shares
GMP
Est. Listing
₹159
at current GMP
Subscribed
—
Open
30 Sep 2020
Close
6 Oct 2020
Allotment
12 Oct 2020
Refund
13 Oct 2020
Demat Credit
14 Oct 2020
Listing
14 Oct 2020
Designated Registrar: Bigshare Services Private Limited
Allotment Date
12 Oct 2020
Basis finalization
Refunds Initiate
13 Oct 2020
Mandate release
Demat Credit
14 Oct 2020
Shares in demat
Listing Debut
14 Oct 2020
Trading begins
G M Polyplast Limited is bringing an initial public offering (IPO) in the Materials / Specialty Chemicals / Plastics Manufacturing sector with an aggregate issue size of ₹8.09 Crores. The shares are offered at a price band of ₹159 to ₹159 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2020-10-06, the basis of allotment is scheduled to be finalized on 2020-10-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.