Shubham Polyspin IPO is set to make its debut on 27th Sept 18 with 10.12 Cr is a company engaged in the manufacturing of Polypropylene Multifilament Yarn of various types including Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn.
Shubham Polyspin IPO – overview
| IPO Dates | 28th sept – 4th Oct 2018 |
| IPO Price | INR 40 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 1,500,000 shares (INR 6 crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
Incorporated in 2012, Gujarat based Shubham Polyspin Limited is a company engaged in the manufacturing of Polypropylene Multifilament Yarn of various types including Air-Intermingled yarn, Twisted Yarn & Shubhlon Bag closing yarn.
The yarn produced by the company is used in various fields like Geo-Textiles, Filter Cloth, HDPE, In FIBC, PP Bags, Narrow Woven Fabrics (webbings & tapes) etc. All the products are marketed under the Trade Name SHUBLON. It sells Its products directly to the end users in India and directly and through merchandise in Overseas.
The company’s manufacturing facility is located at Mehasana, Gujarat.
The company started by selling 100% of its products in the state of Gujarat. However, with increased production capacity, it expanded its sales to states like Rajasthan, Madhya Pradesh & Maharashtra. It also started exporting its products to international markets.
It has 31 employees on its payroll.
Objects of the Issue
- Modernizations of Plant and Machineries, Building and Electrification.
- Working Capital Requirements.
- General Corporate Purpose.
- Developing New Products.
- Public Issue Expenses
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 1,783.7 | 2,029.45 | 1,447.05 |
| Total Revenue | 2,827.00 | 1.771.19 | 1,540.45 |
| Profit After Tax | 148.15 | 21.58 | 24.81 |
Company Contact Information
Shubham Polyspin Limited
Block No. 748, Saket Industrial Estate,
Nr. Kaneria Oil Mill, Jetpura- Basantpura Road
Village Borisana, Taluka Kadi, Mahesana – 382 728
Phone: +91 70431 24999/25999
Email: compliance@shubhamgrp.co
Website: http://sppl.shubhamgrp.co
Shubham Polyspin IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: shubham.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Shubham Polyspin IPO Lead Manager(s)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
