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SPP Polymers Limited IPO GMP Today, Price Range and Company Details

SPP Polymers Limited IPO offers shares at ₹59, with a ₹25 Grey Market Premium. Available in 2000 share lots, the subscription runs from September 10 to September 12, 2024.
SPP Polymers Limited IPO GMP Today, Price Range and Company Details

SPP Polymers Limited IPO has a ₹25 Grey Market Premium as of September 9, 2024, with a price range of ₹59 per share. Offering lots of 2000 shares, the subscription window is open from September 10 to September 12, 2024.

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SPP Polymers Limited IPO GMP Today

The Grey Market Premium (GMP) for SPP Polymer Limited is ₹25 as of September 9, 2024. This assessment coincides with a price of ₹59 per share for the IPO.

SPP Polymers Limited IPO Review

SPP Polymers Limited’s financial overview shows rising revenue, from ₹6,677.47 lakhs in March 2023 to ₹9,381.29 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 3.98% highlights enhanced shareholder value generation.

To get a full IPO review, click here SPP Polymers Limited IPO

SPP Polymers Limited IPO Date

SPP Polymer Limited will start accepting subscriptions from September 10, 2024, to September 12, 2024.

SPP Polymers Limited IPO Price

SPP Polymer Limited’s price range is at ₹59 per share with a face value of ₹10 each.

SPP Polymers Limited

SPP Polymers Limited, certified ISO 9001:2015, produces HDPE/PP woven fabrics, bags, non-woven fabrics, and PP multifilament yarn. The company specializes in B2B packaging solutions, emphasizing quality, customization, and environmental standards. Raw materials are sourced from reliable vendors and tested in their advanced lab. Rigorous quality checks ensure high durability, strength, and performance.

How To Apply For SPP Polymers Limited IPO?

To apply for the SPP Polymers Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for SPP Polymer Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the SPP Polymer Limited IPO at Alice Blue in just a few clicks!

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