SPP Polimers IPO Reservation
The SPP Polimers IPO is a fixed price issue with a total issue size of ₹24.49 cr, comprising of fresh issue of 4150000 equity shares. SPP Polimers IPO opened for subscription on Sep 10, 2024 and closed on Sep 12, 2024. SPP Polimers IPO has set the price at ₹59 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹236,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 13, 2024, and listed on the NSE on Sep 17, 2024.
Kfin Technologies Limited has been appointed as the registrar. Interactive Financial Services Ltd are the Book Running Lead Manager for the issue.
Before investing in the SPP Polimers IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 210000 | 5.06 | 0 |
| Non-Institutional | 1970000 | 47.47 | 0 |
| Retail Investors | 1970000 | 47.47 | 0 |
| Total | 4150000 | 100 | 0 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
SPP Polimers IPO is a Fixed price IPO with a total issue size of ₹24.49 crore. The SPP Polimers IPO price band is ₹59 to 59 per share. The SPP Polimers IPO subscription opens on Tue, Sep 10, 2024, and closes on Thu, Sep 12, 2024. The SPP Polimers IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the SPP Polimers IPO.
The SPP Polimers IPO opens on Tue, Sep 10, 2024 and closes on Thu, Sep 12, 2024
SPP Polimers IPO Price Band is ₹59 to 59 per share.
SPP Polimers IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹236000 based on the upper price band
The minimum investment for SPP Polimers IPO is ₹236000, based on one lot of 2000 shares at the upper price band of ₹59 per share.
Investors can apply for the SPP Polimers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 12, 2024. The application amount remains blocked until the SPP Polimers IPO allotment is finalized.
SPP Polimers IPO issue size is ₹24.49 crores.
SPP Polimers IPO allotment date is Wed, Jul 1, 2026.
The registrar for SPP Polimers IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check SPP Polimers IPO allotment status, refund processing, and other IPO-related information.
The SPP Polimers IPO GMP (Grey Market Premium) is ₹15 as of Thu, Sep 12, 2024. Based on the upper price band of ₹59 per share, the estimated SPP Polimers IPO listing price is ₹74, indicating a potential listing gain of approximately 0% over the issue price.