SPP Polimers Limited
ListedSMEEmerging SME Services · NSE
SPP Polymers Limited, formerly known as SPP Food Products Private Limited, is a trusted manufacturer based in Rudrapur City, Uttarakhand, established in 2004. The company specializes in producing HDPE/PP woven and non-woven fabrics, bags, and multifilament yarn. The product range includes HDPE/PP woven fabric, HDPE/PP woven bags, non-woven fabric, non-woven bags, and multifilament PP yarn. With an annual production capacity of 12000 MT for woven fabric and bags, 4000 MT for non-woven fabric, and 300 MT for multifilament yarn, SPP Polymers serves industries like agro-pesticides, cement, chemicals, fertilizers, food products, textiles, ceramics, and steel. The company holds ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, and SA 8000:2014 certifications, reflecting its commitment to quality, safety, and environmental standards. As of December 31, 2024, SPP Polymers operates with a dedicated team of 4 employees, delivering customized solutions to meet client needs.
Price Band
₹59
Issue Size
₹24.49 Cr
Lot Size
2000 shares
GMP
₹15
+25.4%
Est. Listing
₹74
at current GMP
Subscribed
41.17x
overall
Open
10 Sep 2024
Close
12 Sep 2024
Allotment
13 Sep 2024
Refund
14 Sep 2024
Demat Credit
15 Sep 2024
Listing
17 Sep 2024
Last updated 12 days ago
Official Registrar Verification
SPP Polimers Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
13 Sep 2024
Basis finalization
Refunds Initiate
14 Sep 2024
Mandate release
Demat Credit
15 Sep 2024
Shares in demat
Listing Debut
17 Sep 2024
Trading begins
How to Check SPP Polimers Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select SPP Polimers 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 SPP Polimers Limited Public Issue & Market Profile
SPP Polimers Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹24.49 Crores. The shares are offered at a price band of ₹59 to ₹59 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,18,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-15, while un-allotted funds or UPI block mandates will be released on 2024-09-14.
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.