SMVD Ploy Pack IPO is all about to make its debut on 13 Dec 2017 with issue size of INR 9.02 Cr
SMVD Poly Pack Limited, a maker of PP (Polypropylene)/HDPE (High Density Polyethylene) woven sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags, and HDPE Tarpaulin, was founded in 2010. The company’s 73843.2 square foot manufacturing plant is located in West Bengal’s Parganas District. The company has a 4420 MT annual installed capacity.
SMVD Poly provides services to both B2B and B2C markets. Fertilizer plants, Food Corporation of India, mining and chemical industries, wheat mills, ceramics industries, steel industries, plastic compounds, rice plants, poultry farms, etc. are among the company’s customers. One of the biggest clients is Tata Chemicals Limited.
INDUSTRY OVERVIEW
India divides packaging into two categories: rigid and flexible. The market for flexible packaging is one that is expanding quickly and is predicted to continue rising because of how convenient and affordable it is. India’s packaging market consists of both small and large firms, and demand is increasing quickly across the board. For packaging, plastic is the material of choice in sectors including FMCG, food and beverage, and medicines. The Indian packaging market is worth over 32 billion dollars and employs over 10 lakh people. The sector is expanding because of the growing population, rising incomes, and shifting lifestyles, but it faces obstacles including inflation, a skilled labour shortage, and environmental concerns.
SMVD Ploy Pack IPO Details
| IPO Date | Dec 13, 2017 to Dec 15, 2017 |
| Listing Date | Dec 26, 2017 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,640,000 shares(aggregating up to ₹9.02 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Company Financials
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 4M FY2018 | |
| Total revenue | 626.5 | 2,380.4 | 2,938.7 | 2,982.4 | 3,612.5 | 1,717.0 |
| Total expenses | 622.5 | 2,369.7 | 2,900.7 | 2,951.8 | 3,441.7 | 1,637.6 |
| Profit after tax | -34.9 | -19.9 | 6.8 | 6.0 | 119.5 | 60.2 |
Objects of the Issue
It is recommended that the issue’s revenues be used to finance the following items:
1. Capital Investments for Business Growth
2. Increased Need for Working Capital
3. General Business Objectives
SMVD Ploy Pack IPO Prospectus
Company Contact Information
SMVD Ploy Pack Limited
71, BRB., Basu Road,
Block – A, Room No. 513,
Kolkata 700001
Phone: 033 22350460
Email: cs@smvdpolypack.com
Website: http://www.smvdpolypack.com/
SMVD Ploy Pack IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/
SMVD Ploy Pack IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
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