Sati Poly Plast IPO Subscription Status, Rate

Sati Poly Plast IPO

Sati Poly Plast IPO Subscription Status: Sati Poly Plast IPO 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). 

  • The Retail Quota is 35%
  • QIB is 50%
  • NII is 15%

Sati Poly Plast IPO is an SME IPO and Listed on NSE SME. Sati Poly Plast IPO Price Band is Fixed at ₹130 Equity Share. Sati Poly Plast IPO Lot Size is 1000 Shares.

About Sati Poly Plast IPO :

  • Sati Poly Plast 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. Since, flexible packaging material predominantly consists of plastic as a major raw material, we aim to manufacture our products sustainably by aiming towards “Reuse, Recycle and Upcycle”.
  • 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.

Sati Poly Plast IPO Subscription Status, Rate bid times

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Qualified Buyers (QIBs) 2,53,000 3,69,39,000 146.00
Non Institutional Buyers (NIIs) 1,90,000 10,82,08,000 569.52
Retail Individual Buyers (RIIs) 4,43,000 29,70,83,000 670.62
Anchor Investor 3,79,000 3,79,000 1
Market Maker 70,000 70,000 1
Total 8,86,000 44,22,30,000 499.13

Sati Poly Plast Subscription Status day-by-day-

Categories 12 July 15 July 16 July
QIB 0.00 0.02 146.00
NII 14.92 127.93 569.52
RII 38.14 228.16 670.62
Total 22.29 141.52 499.13

Sati Poly Plast Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

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