The SPP Polymer IPO minimum market lot is 2000 shares with ₹118,000 application amount. The SPP Polymer IPO is a SME IPO, and it is to be listed on NSE.
SPP Polymer Limited (previously known as SPP Food Products Private Limited) was set up in 2004. It is one of the top HDPE/PP woven fabric and bag manufacturers, the nonwoven fabrics and bags as well as multifilament yarns in Rudrapur City, Uttarakhand. To enhance its mission for sustainable growth, trustworthiness and transparency the company has built modern facilities for production and a quality control unit so as to provide products of high standard at affordable prices. It has been certified by ISO 9001:2008. SPP Polymer Limited is reputed due to its vast installed capacity whose annual output includes 12,000MT of HDPE/PP woven fabrics/bags, 4,000MT of nonwovens, and 300MT of multi-filaments hence supplying over 1 million HDPE/PP woven poly bags every month to diverse industries such as cement, packing, fertilizers etc.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
SPP Polymer IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
NII | 1.23 | 2.97 | 22.35 |
RII | 9.32 | 20.94 | 59.87 |
Total | 5.27 | 11.96 | 43.29 |
SPP Polymer IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
SPP Polymer IPO Review
- May Apply
SPP Polymer IPO Form
How to apply for the SPP Polymer IPO? You can apply for SPP Polymer IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the SPP Polymer IPO in the Invest section. The other option is you can apply for SPP Polymer IPO via IPO forms downloaded online. Check out the SPP Polymer forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.