Sati Poly Plast Ltd - IPO

Sati Poly Plast Ltd IPO Details

Initial public issue of 1335000 equity shares of face value of Rs. 10/- each of Sati Poly Plast Limited (SPPL or the Company or the Issuer) for cash at a price of Rs. 130/- per equity share including a share premium of Rs. 120/- per equity share (the Issue Price) aggregating to Rs. 17.36 crores (The Issue), of which 70000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 130/- per equity share including a share premium of Rs. 120/- per equity share aggregating to Rs. 0.91 crores was reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 1265000 equity shares of face value of Rs. 10/- each at a price of Rs. 130/- per equity share including a share premium of Rs. 120/- per equity share aggregating to Rs. 16.45 crores is herein after referred to as the Net Issue. The issue and the net issue constituted 26.99% and 25.57% respectively, of the post issue paid up equity share capital of the company.

Objective of issue

Working Capital Requirements. General Corporate Purposes.

Sati Poly Plast Ltd Contact Details

Sati Poly Plast Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - satipolyplast1@gmail.com

Website - www.satipolyplast.in