
Manufacturing / 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
+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
Overall Subscription
498.77x
Total Demand
QIB Multiplier
146.00x
Institutions & Funds
NII / HNI
569.74x
High Net-Worth
Retail (RII)
669.79x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 253,000 | 36,939,000 | 146.00x |
| NIB | 190,000 | 108,251,000 | 569.74x |
| RETAIL | 443,000 | 296,718,000 | 669.79x |
| Total | 886,000 | 441,908,000 | 498.77x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 467 | 312,792 | 669.79x |
| HNIs (10L +) | 3 | 1,709 | 569.74x |
| HNIs (2-10L) | 14 | 7,976 | 569.74x |
| Total Applications | 484 | 322,477 | 666.27x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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 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.
The latest Grey Market Premium (GMP) for Sati Poly Plast Limited IPO is ₹140 per equity share. Based on the upper price band of ₹123 to ₹130 per equity share, the estimated listing price is ₹270 (+107.7% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹140, the expected profit per application lot is approx ₹1,40,000 (+107.7% gain). Minimum application cost is approx ₹1,30,000.
The Sati Poly Plast Limited IPO aggregate issue size is ₹17.36 Crores with an equity price band set at ₹123 to ₹130 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 498.77x (Retail: 669.79x, QIB: 146.00x, NII: 569.74x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-07-18. Investors can verify status using PAN card or application number.
Sati Poly Plast Limited shares are scheduled to list on NSE on 2024-07-22.