SPP Polymer IPO: Check issue size, price band, GMP and other details
SME IPO of SPP Polymer opens for subscription today and will close on September 12. The company aims to raise about Rs 24 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
1) SPP Polymer IPO size
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-113211667»>The IPO is entirely a fresh equity issue of 41.5 lakh shares and through the issue, the company plans to raise Rs 45 crore.
2) SPP Polymer IPO price band
The company is offering its shares at Rs 59 apiece, and investors can bid for 2000 shares in 1 lot.
3) SPP Polymer GMP
Stock Trading
Market 101: An Insight into Trendlines and Momentum
By — Rohit Srivastava, Founder
Stock Trading
Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading
By — Rohit Srivastava, Founder
Stock Trading
Market 103: Mastering Trends with RMI and Techno-Funda Insights
By — Rohit Srivastava, Founder
Stock Trading
Market 104: Options Trading: Kickstart Your F&O Adventure
By — Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading
Introduction to Technical Analysis & Candlestick Theory
By — Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
In the unlisted market, the company's shares are trading with a GMP of Rs 25, which translates to a premium of 42% over the issue price.
4) About SPP Polymer
The company offers packaging solutions to Business to Business (B2B) manufacturers catering to different industries such as cements, chemicals, food grains, sugars, polymers,
