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G M Polyplast Limited IPO

G M Polyplast Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 160.00 (+0.63%)

Having completed its public offering, G M Polyplast Limited's is now listed and trading on the BSE exchange as of 14-10-2020. The IPO raised cumulative capital of 5,08,800 Shares, including 3,22,800 Shares in primary capital infusion and ₹2.96 Cr in secondary market transactions.

The IPO was conducted with a price range of ₹159 to ₹159 and minimum investment requirement of 800 shares. subscription activity between 30-09-2020 and 06-10-2020 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 12-10-2020 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

G M IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
G M IPO Key Performance Indicator
Company Financials ( in Lakhs )

G M IPO About Company

GM Polyplast, established in 2003 and based in Mumbai, specializes in manufacturing high-quality plastic sheets, including PVC, HIPS, HDPE, and ABS sheets. In addition to sheet production, the company also manufactures granules used as raw materials for these sheets. Over the years, it has expanded its product portfolio to include Acrylonitrile Butadiene Styrene (ABS) sheets, High Impact Polystyrene (HIPS) sheets, PET sheets, A-PET sheets, R-PET sheets, HDPE sheets, PP sheets, and ESD materials. With a state-of-the-art manufacturing facility in Dadra & Nagar Haveli, equipped with advanced technology, GM Polyplast ensures premium quality products for its clients. Domestically, it serves customers across multiple states, including Maharashtra, Gujarat, West Bengal, Tamil Nadu, and Delhi, while also exporting to international markets such as the UAE, Israel, Hong Kong, and Jordan.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


G M IPO Strength Factors

  1. Advanced Manufacturing Unit: Operates a semi-automated facility equipped with modern machinery.
  2. High-Quality Standards: Ensures superior product quality through stringent quality control measures.
  3. Diverse Product Portfolio: Offers a wide range of plastic sheets and granules catering to various industries.
  4. Strong Distribution Network: Well-established sales and distribution channels across domestic and international markets.
  5. Experienced Management: Led by a highly skilled and knowledgeable leadership team.

G M IPO Risk Factors

NA


G M IPO Lead Manager(s)

  • Gretex Corporate Services Limited

G M IPO Promoter(s)

  1. Mr. Dinesh Balbirsingh Sharma
  2. Ms. Sarita Dinesh Sharm

G M IPO Company Details

G M Polyplast Limited
Phone:
address:

G M IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

G M IPO FAQs