Sati Poly Plast IPO Details, GMP Price, Date, Review

Sati Poly Plast IPO details Today : Sati Poly Plast IPO details Today is Open on 12 July 2024 and Close on 16 July 2024. Sati Poly Plast IPO to Raise 1,335,000 shares (Approx ₹17.36 Cr) via IPO. The Fresh issue of 1,335,000 shares (Approx ₹17.36 Cr). 

Our Company was originally incorporated as July 1999 engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries.

We provide end-to-end solution for various flexible packaging needs. our company was engaged in the business of trading of flexible packaging material. From 2017, our Company commenced the manufacturing of flexible packaging material.

Our range of packaging solutions span a variety of products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods.

Company PRODUCT PORTFOLIO :-

• Food and Beverage Industry :- Used for packaging products such as snacks, edible oils, dry fruits, flour, frozen food and beverages like tea, etc.
• Personal Care and Cosmetics Industry :- Used for packaging products like lotions, creams, shampoos, and cosmetics
• Agriculture Industry :- Used for packaging products like fertilizers, seeds, and agricultural films.
• Pharmaceutical Industry :- Used for packaging medicines, tablets, capsules, and medical devices.
• Household and Cleaning Products :- Pouches are employed for packaging household cleaning agents, laundry  detergents, dishwashing liquids, and other similar products.
• Automotive and Industrial Applications :- Used for packaging lubricants, adhesives, sealants, and other automotive and industrial chemicals.
• Food and Beverage Industry :- Used for packaging a range of food and beverage products, including snacks, sauces,condiments, baby food, pet food, and beverages like juices, energy drinks, and coffee.

Our Company has set up two manufacturing units, of which “Plant 1” is situated at C44, Phase II, Gautam Budh Nagar – Noida-201305 with an installed capacity of 500 tones per month and “Plant 2” is situated at Plot No. 85 Udhyog Kendra, Noida -201306 with an installed capacity of 450 tones per month.

Our products are crafted out of an extensive range of industry approved materials such as polyethylene terephthalate, biaxially-oriented polypropylene, polythene, cast polypropylene, foil, paper, bio-degradable films, etc.

We stringently maintain the processes and accreditation required to ensure the  quality needs of the customers we supply in the food and beverages. We have also installed Automated Machine with Auto Gauge Control with minimum gauge variation specially for Edible Oil Industries. Currently we are working with Pidilite, Adani Wilmar, JVL and have also started vacuum bags for cashews.

Flexible packaging refers to a type of packaging material that is made from non rigid materials such as plastic, paper, or aluminum foil to create pouches, bags, and other pliable product containers. Flexible packages are particularly useful in industries that require versatile packaging, such as the food and beverage, personal care, and pharmaceutical industries.

Flexible packaging offers several advantages, including its ability to conform to the shape of the product, its lightweight nature, and its ability to provide barrier properties to protect the contents from moisture, oxygen, and other external factors. Additionally, flexible packaging is often considered more sustainable compared to rigid packaging, as it typically requires fewer resources to produce and transport.

Sati Poly Plast IPO Date & Price Band Details

Sati Poly Plast IPO Market Lot Details

Sati Poly Plast IPO Allotment & Listings (Details)

Sati Poly Plast Financial Reports

Object of the Issue

1. Working Capital Requirements.
2. General Corporate Purposes.

Our Company Promoters

1. Mr. Balmukund Jhunjhunwala
2. Mrs. Anita Jhunjhunwala
3. Mr. Aditya Jhunjhunwala
4. Mr. Keshav Jhunjhunwala
5. Balmukund Jhunjhunwala HUF

Qualitative Factors

• Established Manufacturing Facility.
• Cost Leadership and time bound execution.
• Cordial relationship between management and labour.
• Existing relationship with the clients.
• Quality Assurance.

Sati Poly Plast Comparison Listed Industry Peers Group

Comparison of accounting ratios with listed industry peers

1. Sati Poly Plast Limited
2. Sabar Flex India Limited
3. Uma Converter Limited

Also Read: Aelea Commodities IPO Details

Sati Poly Plast Company Contact Details

D.N. Singh Road, Bhagalpur 812 002, Bihar, India
Telephone No.: +91 98181 04164
Web site: www.satipolyplast.in
E-Mail: satipolyplast1@gmail.com
Contact Person: Ms. Akanksha Jain

Sati Poly Plast IPO Registrar

Link Intime India Private Limited
Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri
Marg, Vikhroli (West), Mumbai, Maharashtra, India – 400
083.
Tel. Number: +91 810 811 4949;
Email Id: satipoly.ipo@linkintime.co.in
Investors Grievance Id: satipoly.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan