Fixed Price IPO | ₹9 Cr | Listed at NSE SME | Wed, Dec 13, 2017 - Fri, Dec 15, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Dec 13, 2017
IPO Close
Fri, Dec 15, 2017
Issue Price
₹55 per share
Market Cap (Pre-IPO)
₹27.31 Cr
| IPO Date | 13 to 15 Dec, 2017 |
| Listed on | Tue, Dec 26, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 16,40,000 shares (agg. up to ₹9 Cr) |
| Reserved for Market Maker | 84,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.4620 Cr) |
| Fresh Issue (Ex Market Maker) | 15,56,000 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 15,56,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 33,25,400 shares |
| Share Holding Post Issue | 49,65,400 shares |
| NSE Symbol | SMVD |
| ISIN | INE702Y01013 |
SMVD Poly Pack IPO comprises a total issue size of 16,40,000 shares. The net offer to the public is 15,56,000 shares, after excluding 84,000 shares allotted on a firm basis. Of the Net offer 7,78,000 (50.00%) allocated to NII 7,78,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,78,000 | 50.00% | 47.44% |
| Retail Shares Offered | 7,78,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 84,000 | 5.12% | |
| Total Shares Offered | 16,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for Business Expansion | 6.51 |
| 2 | Working Capital Loan requirement | 0.96 |
| 3 | General Corporate Purposes | 1.00 |
The SMVD Ploy Pack IPO is subscribed [.] times on December 15, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | [.] | 8,20,000 | 48,38,000 |
| Retail | [.] | 8,20,000 | 2,00,04,000 |
| Total | [.] | 16,40,000 | 2,50,74,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.35 |
| 2 | Regulatory fees | 0.05 |
| 3 | Marketing and Other Expenses | 0.15 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹58.00 |
| Low | ₹48.20 |
| High | ₹59.00 |
| Last Trade | ₹53.60 |
Lead Manager Reports
SMVD Poly Pack IPO is a SME IPO of 16,40,000 equity shares of the face value of ₹10 aggregating up to ₹9 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on Wed, Dec 13, 2017, and closes on Fri, Dec 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 Wed, Dec 13, 2017 and closes on Fri, Dec 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 Tue, Dec 26, 2017.
