Command Polymers Limited was established in 1998 and specializes in manufacturing and marketing polymer-based products such as Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers. The products offered by the company have a wide range of applications in various industries including industrial packaging, food, and more. The company’s versatility and scale enable it to cater to multiple industries, and its scope is continuously expanding.
The company’s revenue is primarily generated through two main activities, manufacturing, and trading, which contribute to 67% and 33% of the total revenue respectively. With its commitment to quality and innovation, Command Polymers Limited has been successful in establishing itself as a reliable player in the polymer industry, and continues to explore new opportunities for growth.
Command Polymers IPO Details
| IPO Date | Mar 17, 2023 to Mar 21, 2023 |
| Listing Date | Mar 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹28 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 2,532,000 shares (aggregating up to ₹7.09 Cr) |
| Fresh Issue | 2,532,000 shares (aggregating up to ₹7.09 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Command Polymers IPO Tentative Timetable
| Event | Tentative Date |
| Opening Date | Mar 17, 2023 |
| Closing Date | Mar 21, 2023 |
| Basis of Allotment | Mar 24, 2023 |
| Initiation of Refunds | Mar 27, 2023 |
| Credit of Shares to Demat | Mar 28, 2023 |
| Listing Date | Mar 29, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Industry Overview
The polymer industry is a growing industry, driven by the increasing demand for polymer-based products in various sectors such as packaging, construction, automotive, and textiles. The global polymer market size was valued at USD 625.9 billion in 2020, and it is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2021 to 2028.
Within this industry, Command Polymers specializes in manufacturing and marketing polymer-based products such as Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers. The company caters to various industries such as industrial packaging and food, among others. With its commitment to quality and innovation, the company has been able to establish itself as a reliable player in the polymer industry.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
| 31-Mar-20 | 1,640.40 | 1,089.84 | 9.43 | 921.39 | 236.92 | 238.57 |
| 31-Mar-21 | 2,252.48 | 1,636.76 | 19.64 | 932.37 | 247.90 | 514.25 |
| 31-Mar-22 | 1,889.12 | 1,948.50 | 30.02 | 962.39 | 277.92 | 685.14 |
| 31-Dec-22 | 2,225.23 | 1,460.15 | 16.16 | 978.56 | 294.09 | 661.04 |
| Amount in ₹ Lakhs |
Objects of the Issue
The company proposes to utilize the Net Proceeds from Issue towards funding the following objects:
- Funding Working capital requirements;
- Repayment of Loans;
- General Corporate Purpose
Command Polymers IPO Prospectus
Company Contact Information
Command Polymers Limited
Mouza Malancha, J.L.No.87,
P.O. Narayanpur, P.S Bhangar,
District 24 Parganas (South) -743502
Phone: +91 98365 52178
Email: info@commandpolymers.com
Website: http://www.commandpolymers.com/
Command Polymers IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: cpl.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Command Polymers IPO Lead Manager(s)
- Aryaman Financial Services limited (Past IPO Performance)
