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Deep Polymers Limited is a fixed price issue of Rs 15.24 crores.
Deep Polymers Limited bidding started from August 8, 2018 and ended on August 13, 2018. The shares got listed on BSE SME on August 23, 2018.
Deep Polymers Limited price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Gretex Corporate Services Limited is the book running lead manager of the Deep Polymers Limited, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Deep Polymers Limited RHP for detailed information.
IPO Date | August 8, 2018 to August 13, 2018 |
Listing Date | August 23, 2018 |
Face Value | ₹10 per share |
Price | ₹40 per share |
Lot Size | 3000 Shares |
Total Issue Size | 3,810,000 shares (aggregating up to ₹15.24 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 10,511,600 |
Share holding post issue | 11,871,600 |
Market Maker portion | 192,000 shares |
Deep Polymers Limited offers 3,810,000 shares. 1,809,000 (47.48%) to NII, 1,809,000 (47.48%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 192,000 (5.04%) |
Other Shares Offered | 1,809,000 (47.48%) |
Retail Shares Offered | 1,809,000 (47.48%) |
Total Shares Offered | 3,810,000 (100%) |
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹120,000 |
Retail (Max) | 1 | 3000 | ₹120,000 |
Lot Size Calculator |
Incorporated in 2005, Gujarat based Deep Polymers Limited is a company engaged in the business of manufacturing color and additive masterbatches including antifab fillers, transparent fillers and color fillers etc. The products are used in engineering plastics and compounds and are cost-effective replacements for polymers.
The company started its facility at Ahmedabad to manufacture plastic masterbatches with 600 MT productions per annum in the year 1992. Today, it has achieved production of color masterbatches and filler masterbatches of 12,000 MT and 25,000 MT respectively.
Deep Polymer's total revenues, as restated for the year ended March 31, 2018, is Rs. 4,110.09 Lakh. The
The company's restated net profit after tax for the year ending March 31, 2018, is Rs. 214.73 Lakh.
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
---|---|---|---|---|---|---|
31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
Total Assets | 2,904.30 | 3,009.04 | 2,539.78 | 2,637.90 | 2,321.31 | |
Total Revenue | 4,110.09 | 4,274.43 | 3,600.85 | 4,113.89 | 3,473.07 | |
Profit After Tax | 214.73 | 128.02 | (35.41) | 67.05 | (36.06) |
The Offer includes a fresh Issue of 13,60,000 Equity Shares and an offer for sale of 24,50,000 Equity Shares. The Company proposes to utilize the funds raised through the fresh issue to meet-
1. Working capital requirement;
2. Issue Expenses; and
3. General corporate purpose
[Dilip Davda]
Issue is fully priced. Company’s top line is almost stagnant for last four fiscals. Merchant banker has poor track record. Cash surplus risk savvy investors may consider investment at their own risk.
Read detail review...The Deep Polymers Limited is subscribed 1.39 times on August 13, 2018 6:30:02 PM. The public issue subscribed 0.48 times in the retail category, times in the QIB category, and 2.30 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 2.30 |
Retail | 0.48 |
Total | 1.39 |
Listing Date | August 23, 2018 |
BSE Script Code | 541778 |
NSE Symbol | |
ISIN | INE00IY01012 |
Final Issue Price | ₹40 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹40.00 |
₹41.90 |
₹40.80 |
₹42.00 |
₹40.90 |
Deep Polymers Limited
Block No. 727B/H, Bhavi Industries
Rakanpur (Santej), Tal Kalol,
D Gandhinagar- 380 060
Phone: +91-2764-286032
Email: info@deeppolymer.in
Website: http://www.deeppolymer.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Deep Polymers Limited is a SME IPO of 3,810,000 equity shares of the face value of ₹10 aggregating up to ₹15.24 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.
The IPO opens on August 8, 2018, and closes on August 13, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Deep Polymers Limited opens on August 8, 2018 and closes on August 13, 2018.
Deep Polymers Limited lot size is 3000 Shares, and the minimum amount required is ₹120,000.
You can apply in Deep Polymers Limited online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Deep Polymers Limited will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Deep Polymers Limited allotment status.
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