SMVD Ploy Pack Limited IPO
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SMVD Poly Pack Limited is Kolkata based manufacturer of PP (Polypropylene)/HDPE (High-Density Polyethylene) woven sacks bags & Sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags & HDPE Tarpaulin.
The 73843.2 Sq. Ft. manufacturing facility of the Company is situated in Parganas District of West Bengal. The company has installed capacity of 4420 MT per annum.
SMVD Poly serves both B2B and B2C sectors. Company’s customer’s segment includes fertilizer plants, Food Corporation of India, Mining & chemical industries, flour mills, ceramic industries, Steel Industries, Plastic compounds, Rice Plants, Poultry Farms etc. Tata Chemicals Limited is one of the top customers.
Objects of the SMVD Ploy Pack Limited IPO:
The proceeds of the Issue are proposed to be utilized for financing the following objects
1. Capital Expenditure for Business Expansion
2. Additional Working Capital Requirement
3. General Corporate Purposes
SMVD Ploy Pack Limited IPO Details:
| Open Date: | Dec 13 2017 |
| Close Date: | Dec 15 2017 |
| Total Shares: | 1,640,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Fixed Price Issue IPO |
| Issue Size: | 9.02 Cr. |
| Lot Size: | 2000 Shares |
| Issue Price: | ₹ 55 Per Equity Share |
| Listing At: | NSE Emerge |
| Listing Date: | Dec 26 2017 |
Promoters And Management:
1. Mr. Pramod Kumar Agarwal
2. Ms. Sangita Agarwal
3. Aashakiran Commodeal Private Limited (Corporate Promoter)
Lead Manager of SMVD Ploy Pack Limited IPO:
Registrar of SMVD Ploy Pack Limited IPO:
Company Address:
SMVD Ploy Pack Limited
71, BRB., Basu Road,
Block - A, Room No. 513,
Kolkata 700001
Phone: 033 22350460
Email: cs@smvdpolypack.com
Website: www.smvdpolypack.com
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