Sati Poly Plast Limited
ListedSMEManufacturing / Industrial Goods · NSE
Incorporated in July 1999, Sati Poly Plast Limited manufactures multifunctional flexible packaging materials for diverse industries, operating two units in Noida with a combined production capacity of 1,080 tons per month. The company supplies its products across multiple states, serving notable clients such as Pidilite, Adani Wilmar, and JVL. As of March 31, 2024, Sati Poly Plast Limited employs 135 on-roll employees, reflecting its commitment to quality manufacturing and wide market reach.
Price Band
₹123 – ₹130
Issue Size
₹17.36 Cr
Lot Size
1000 shares
GMP
₹140
+107.7%
Est. Listing
₹270
at current GMP
Subscribed
498.77x
overall
Open
12 Jul 2024
Close
16 Jul 2024
Allotment
18 Jul 2024
Refund
19 Jul 2024
Demat Credit
20 Jul 2024
Listing
22 Jul 2024
Last updated 12 days ago
Official Registrar Verification
Sati Poly Plast Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
18 Jul 2024
Basis finalization
Refunds Initiate
19 Jul 2024
Mandate release
Demat Credit
20 Jul 2024
Shares in demat
Listing Debut
22 Jul 2024
Trading begins
How to Check Sati Poly Plast Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Sati Poly Plast Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Sati Poly Plast Limited Public Issue & Market Profile
Sati Poly Plast Limited is bringing an initial public offering (IPO) in the Manufacturing / Industrial Goods sector with an aggregate issue size of ₹17.36 Crores. The shares are offered at a price band of ₹123 to ₹130 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
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.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-07-16, the basis of allotment is scheduled to be finalized on 2024-07-18. 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 (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
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.
How will I receive the refund if I don't get allotment?
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.