SATI POLY PLAST LIMITED is customer focused brand and provide an end-to-end solution for various flexible packaging needs. It manufacturs & trades, the wide range of laminated flexible packaging material, chips packaging printed material, pouches & laminated printed rolls.

Sati Poly Plast IPO, a Book Built issue amounting to ₹17.35 crores, consisting entirely a Fresh Issue of 13.35 lakh Shares. The subscription period for the Sati Poly Plast IPO opens on July 12, 2024, and closes on July 16, 2024. The allotment is expected to be finalized on or about Thursday, July 18, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, July 22, 2024.

The Share price band of Sati Poly Plast IPO is set at ₹123 to ₹130 equity per share, with a minimum lot size of 1000 shares. Retail investors are required to invest a minimum of ₹130,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2000 shares), amounting to ₹260,000. 

BEELINE CAPITAL ADVISORS PRIVATE LIMITED is the book-running lead manager, LINK INTIME INDIA PRIVATE LIMITED is the registrar for the Issue. SPREAD X SECURITIES PRIVATE LIMITED is the sole market maker for the Sati Poly Plast IPO.

Sati Poly Plast Limited IPO GMP Today
The Grey Market Premium of Sati Poly Plast Limited IPO is expected in the range of ₹50 to ₹60 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Sati Poly Plast Limited IPO Live Subscription Status Today
As of 02:30 PM on 12 July 2024, the Sati Poly Plast Limited IPO live subscription status shows that  Sati Poly Plast Limited IPO subscribed 8.07 times on Day 1 itself. Check the Sati Poly Plast Limited IPO Live Subscription Status Today at NSE.

Sati Poly Plast Limited IPO Allotment Status
Sati Poly Plast IPO allotment date is 18 July, 2024, Wednesday. Sati Poly Plast IPO Allotment will be out on 18th July 2024 and will be live on Registrar Website from the allotment date. Check Sati Poly Plast Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Sati Poly Plast Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Sati Poly Plast Limited IPO
Sati Poly Plast Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹1,100.00 Lakhs is required for Working Capital Requirements 
2. General Corporate Purposes

Refer to Sati Poly Plast Limited RHP for more details about the Company.

Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO.

The Upcoming IPOs in this week and coming weeks are Sahaj Solar Limited, Sati Poly Plast Limited, Aelea Commodities Limited, Prizor Viztech Limited, Three M Paper Boards Limited.

The current active IPO is NIL as of now.

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About Sati Poly Plast Limited

Sati Poly Plast Limited is an ISO Certified Company engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries. They provide end-to-end solution for various flexible packaging needs. Till year 2015, their company was engaged in the business of trading of flexible packaging material. From 2017, their Company commenced the manufacturing of flexible packaging material. The Company has been consistently expanding its business operations by increasing its installed capacity from 250 tonnes per month to 400 tonnes per month in 2018 and to 500 tonnes per month in 2019. Their range of packaging solutions span a variety of products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods. They utilise the advanced equipment available and continually invest to maintain the quality of product, process efficiency and the superior service that we are renowned for. Their products are crafted out of an extensive range of industry approved materials such as polyethylene terephthalate, biaxially-oriented polypropylene, polythene, cast polypropylene, foil, paper, bio-degradable films, etc. Since, flexible packaging material predominantly consists of plastic as a major raw material, they aim to manufacture their products sustainably by aiming towards “Reuse, Recycle and Upcycle”. One of the key ways they achieve this, is by recycling the waste generated in their flexible packaging production process. They stringently maintain the processes and accreditation required to ensure the quality needs of the customers they supply in the food and beverages. They have also installed Automated Machine with Auto Gauge Control with minimum gauge variation specially for Edible Oil Industries. Currently they are working with Pidilite, Adani Wilmar, JVL and have also started vacuum bags for cashews. They are supplying packaging material to Pidilite, Adani Wilmar and JVL as per their usage requirements.

Following is meaning, usage and requirement of vacuum bags for various nuts and pulses:

Vacuum bags are pouches or bags made from materials that can withstand vacuum sealing. They are used to package various edible products like Nuts, Pulses etc. (herein after referred to as the Products) while removing air from the package to extend the shelf life of the Products and preserve their freshness. Vacuum bags are used to package the Products for retail sale or storage. The vacuum sealing process helps to prevent oxidation and moisture absorption, which can lead to spoilage. By removing air from the package, the Products stay fresher for longer periods, maintaining their quality and flavour.

Flexible packaging refers to a type of packaging material that is made from non rigid materials such as plastic, paper, or aluminum foil to create pouches, bags, and other pliable product containers. Flexible packages are particularly useful in industries that require versatile packaging, such as the food and beverage, personal care, and pharmaceutical industries. Flexible packaging offers several advantages, including its ability to conform to the shape of the product, its lightweight nature, and its ability to provide barrier properties to protect the contents from moisture, oxygen, and other external factors. Additionally, flexible packaging is often considered more sustainable compared to rigid packaging, as it typically requires fewer resources to produce and transport.

INDIAN PACKAGING INDUSTRY
Manufacturing is emerging as an integral pillar in the country’s economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India’s GDP pre-pandemic and is projected to be one of the fastest growing sectors.
The machine tool industry was literally the nuts and bolts of the manufacturing industry in India. Today, technology has stimulated innovation with digital transformation a key aspect in gaining an edge in this highly competitive market.

Technology has today encouraged creativity, with digital transformation being a critical element in gaining an advantage in this increasingly competitive industry. The Indian manufacturing sector is steadily moving toward more automated and process-driven manufacturing, which is projected to improve efficiency and enhance productivity.

India now has the physical and digital infrastructure to raise the share of the manufacturing sector in the economy and make a realistic bid to be an important player in global supply chains.
Manufacturing has emerged as one of the high growth sectors in India. Prime Minister of India, Mr Narendra Modi, launched the ‘Make in India’ program to place India on the world map as a manufacturing hub and give global recognition to the Indian economy.

The India Packaging Market is expected to reach $ 204.81 Bn by 2025, registering a CAGR of 26.7% during the period of 2020-2025.
➢ The fastest growing packaging segments are laminates and flexible packaging, especially PET and woven sacks
➢ The Indian packaging industry has made a mark with its exports that comprise flattened cans, printed sheets and components, crown cork, lug caps, plastic film laminates, craft paper, paper board and packaging machinery, while the imports include tinplate, coating and lining compounds and others. ➢ Over the last few years Packaging Industry is an important sector driving technology and innovation growth in the country and adding value to the various manufacturing sectors including agriculture and FMCG segments. 
➢ Growth in this sector is primarily driven by factors like growing pharmaceutical, food processing, manufacturing industry, FMCG, healthcare sector and ancillary in the emerging economies like China, India, Brazil, Russia and few other East European countries. 
➢ Indian paper industry remains largely a fragmented sector. It consists of small, medium and large paper mills, having production ranging from 5 to 2000 tonnes per day. 
➢ Packaging is currently the 5th largest sector of Indian economy. 
➢ India is a net exporter of packaging products and the largest exporter of sub-segments— Biaxially-oriented Polyethylene Terephthalate (BOPET) & Flexible Intermediate Bulk Container (FIBC). 
➢ 100% FDI is permitted under the automatic route in Paper & Packaging industries in India.

India Specific Key Facts for Paper and Packaging:
➢ In term of value, $3179.24 Mn of paper, paperboard & newsprint was exported in 2021-22, as against $1940.94 Mn in the previous year. This added nearly $1238.30 Mn (in terms of percentage it is 63% growth) in the nation growth. 
➢ It has been recorded that most of the new green or brown field projects are coming in Packaging Grade Sector and most of them are based on Recycled Fibre, hence, total share of RCF paper-based mills are exponentially increasing. 
➢ 70% paper and board is contributed by non-wood sectors of the Industry. 
➢ Focus States of Paper: Andhra Pradesh, Karnataka, Maharashtra, and Gujarat.

SATI POLY PLAST LIMITED STRENGTHS
1. Established Manufacturing Facility
2. Cost Leadership and time bound execution
3. Cordial relationship between management and labour
4. Existing relationship with the clients
5. Quality Assurance

SATI POLY PLAST LIMITED STRATEGIES
1. Expand their existing product portfolio
2. Improving functional efficiency
3. Focus on consistently meeting quality standards

SATI POLY PLAST LIMITED RISK FACTORS & CONCERNS
1. Majority of their revenues are generated from state of Uttar Pradesh.
2. The Company is dependent on few numbers of customers for sales and few suppliers for purchase of product.
3. The Company is reliant on the demand from the food and beverage industry for a significant portion of their revenue.
4. The  Company is reliant on the demand from the food and beverage industry for a significant portion of their revenue.