Deep Polymers Limited
Issue Open
Price Band
Issue Size
Credit of Shares to Demat
Issue Close
Bid Lot
Listing Exchange
Cut off time for UPI Mandate Confirmation
Issue Type
Minimum Order Quantity
Allotment Details
Face Value
Listing On
Refunds
Deep Polymers Limited is primarily active in the manufacturing of addictive and colour masterbatches that are utilized for fixing plastics and compounds that are used as a substitution for polymers which acts as anti-slip, anti-blocks, anti-fibrillating agents.
Date of Incorporation: Deep Polymers Limited was incorporated as ‘Deep Polymers Private Limited’ on 13th September 2005 with Registrar of Companies, Dadra and Nagar Haveli, Gujarat. Subsequently, the status of Company was reformed to the public limited company and was renamed to ‘Deep Polymers Limited’ on 6th April 2018.
Promoters of Deep Polymers Limited: Mr Rameshbhai Patel is the promoter of Deep Polymers Limited.
Products and Services Offering: Deep Polymers Limited is the leading manufacturer and supplier of Masterbatches. The products offering includes:
- Antifab Fillers
- Super bright Fillers
- Coloured Tinge Fillers
- Natural Fillers
Customer Segments: Deep Polymers Limited has a wide and diversified customer segment that is spread across several sectors including Appliances, Agriculture, Electronics, Pharma and Textiles among others.
Objectives of Deep Polymers Limited IPO: The offer of Deep Polymers Limited is divided into Offer for Sale consisting of 24,50,000 equity shares and Fresh Issue consisting of 13,60,000 equity shares.
The objects of an offer are:
- Working capital requirement.
- Cover Issue expenses.
- General corporate cost.
Note Company will not receive any proceeds from the Offer for Sale.
Company Financials:
Particulars | For the year/period ended (in Rs. Lakhs) | ||||
3 -Mar-18 | 3 -Mar-17 | 3 -Mar-16 | 3 -Mar-15 | 3 -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 | 2 4.73 | 1 8.02 | - 5.41 | 6 .05 | -36.06 |