Deep Polymers Limited IPO

Add to Calendar 2018-08-08 12:00 AM 2018-08-13 12:00 AM Asia/Kolkata Deep Polymers Limited IPO Deep Polymers Limited India

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


Issue Detail

  • Issue Open: Aug 08, 2018
  • Issue Close: Aug 13, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 40 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 15.24 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 1,809,000 1,809,000 - - 3,618,000
Day 1 - Aug 08, 2018IST - 1,926,000 99,000 - - 2,025,000
Day 2 - Aug 09, 2018IST - 3,276,000 267,000 - - 3,543,000
Day 3 - Aug 10, 2018IST - 3,588,000 480,000 - - 4,068,000
Day 4 - Aug 13, 2018IST - 4,155,000 876,000 - - 5,031,000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 40 -
Open Rs 41.90 -
Low Rs 40.80 -
High Rs 42 -
Last Trade Rs 40.90 -
Volume 189,000 -

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