Deep Polymers IPO is set to make its debut on 8th Aug 18 with 15.25 Cr s a company engaged in the business of manufacturing color and additive masterbatches.
Deep Polymers IPO – overview
| IPO Dates | 8-13 Aug 18 |
| IPO Price | INR 40 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,810,000 shares (INR 15.25 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2005, Gujarat based Deep Polymers Limited is a company engaged in the business of manufacturing color and additive masterbatches including antifab fillers, transparent fillers and color fillers etc. The products are used in engineering plastics and compounds and are cost-effective replacements for polymers.
The company started its facility at Ahmedabad to manufacture plastic masterbatches with 600 MT productions per annum in the year 1992. Today, it has achieved production of color masterbatches and filler masterbatches of 12,000 MT and 25,000 MT respectively.
Deep Polymer’s total revenues, as restated for the year ended March 31, 2018, is Rs. 4,110.09 Lakh. The
The company’s restated net profit after tax for the year ending March 31, 2018, is Rs. 214.73 Lakh.
Strengths of the Company-
1. License rights with reputed global brands like Polaroid for India, Nepal, and Bangladesh and with Kodak for India.
2. Ownership of brand names “Powereye” and “Lappy Master”.
3. Wide distribution network.
Objects of the Issue
- Working capital requirement.
- Issue Expenses.
- General corporate purpose
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 2,904.30 | 3,009.04 | 2,539.78 |
| Total Revenue | 4,110.09 | 4,274.43 | 3,600.85 |
| Profit After Tax | 214.73 | 128.02 | 35.41 |
Company Contact Information
Deep Polymers Limited
Block No. 727B/H, Bhavi Industries
Rakanpur (Santej), Tal Kalol,
D Gandhinagar- 380 060
Phone: +91-2764-286032
Email: info@deeppolymer.in
Website: http://www.deeppolymer.in/
Deep Polymers Limited Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Deep Polymers Limited Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
