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SMVD Poly Pack IPO is a fixed price issue of ₹9.02 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹9.02 crore.
SMVD Poly Pack IPO bidding started from Dec 13, 2017 and ended on Dec 15, 2017. The shares got listed on NSE SME on Dec 26, 2017.
SMVD Poly Pack IPO price is ₹55.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,20,000.
Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to SMVD Poly Pack IPO RHP for detailed Information.
| IPO Date | December 13, 2017 to December 15, 2017 |
| Listing Date | December 26, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 16,40,000 shares (aggregating up to ₹9.02 Cr) |
| Reserved for Market Maker | 84,000 shares Choice Equity Broking Pvt.Ltd. (aggregating up to ₹0.4620 Cr) |
| Net Offered to Public | 15,56,000 shares (aggregating up to ₹8.56 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 33,25,400 shares |
| Share Holding Post Issue | 49,65,400 shares |
SMVD Ploy Pack IPO offers total 16,40,000 shares. Out of which 7,78,000 (47.44%) allocated to NII, 7,78,000 (47.44%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 84,000 (5.12%) |
| NII (HNI) Shares Offered | 7,78,000 (47.44%) |
| Retail Shares Offered | 7,78,000 (47.44%) |
| Total Shares Offered | 16,40,000 (100.00%) |
SMVD Poly Pack IPO opens on December 13, 2017, and closes on December 15, 2017.
| IPO Open Date | Wed, Dec 13, 2017 |
| IPO Close Date | Fri, Dec 15, 2017 |
| Tentative Listing Date | Tue, Dec 26, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 15, 2017 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,10,000 |
| Retail (Max) | 1 | 2,000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
Incorporated in 2010, SMVD Poly Pack Limited is Kolkata based manufacturer of PP (Polypropylene)/HDPE (High Density Polyethylene) woven sacks bags & Sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags & HDPE Tarpaulin.
The 73843.2 Sq. Ft. manufacturing facility of the Company is situated in Parganas District of West Bengal. Company has installed capacity of 4420 MT per annum.
SMVD Poly serves both B2B and B2C sectors. Company's customers segment include fertilizer plants, Food Corporation of India, Mining & chemical industries, flour mills, ceramic industries, Steel Industries, Plastic compounds, Rice Plants, Poultry Farms etc. Tata Chemicals Limited is one of the top customers.
The Company SMVD Poly Pack IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure for Business Expansion | 6.51 |
| 2 | Working Capital Loan requirement | 0.96 |
| 3 | General Corporate Purposes | 1.00 |
[Dilip Davda] Considering fully priced issue with a surprising performance for last sixteen months period, risk savvy cash surplus investors may consider investment for long term. (Other). Read detail review...
| Listing Date | December 26, 2017 |
| BSE Script Code | |
| NSE Symbol | SMVD |
| ISIN | INE702Y01013 |
| Final Issue Price | ₹55 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹58.00 |
| Low | ₹48.20 |
| High | ₹59.00 |
| Last Trade | ₹53.60 |
SMVD Poly Pack Ltd.
71, BRB., Basu Road,
Block - A,
Room No. 513,
Kolkata, West Bengal, 700001
Phone: 033 22350460
Email: cs@smvdpolypack.com
Website: http://www.smvdpolypack.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
SMVD Poly Pack IPO is a SME IPO of 16,40,000 equity shares of the face value of ₹10 aggregating up to ₹9.02 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on December 13, 2017, and closes on December 15, 2017.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in SMVD Poly Pack IPO using UPI as a payment gateway. Zerodha customers can apply in SMVD Poly Pack IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SMVD Poly Pack IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SMVD Poly Pack IPO opens on December 13, 2017 and closes on December 15, 2017.
SMVD Poly Pack IPO lot size is 2000, and the minimum amount required for application is ₹1,10,000.
You can apply in SMVD Poly Pack IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SMVD Poly Pack IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SMVD Poly Pack IPO allotment status.
The SMVD Poly Pack IPO listing date is on Tuesday, December 26, 2017.
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