G M Polyplast IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 30/09 - 06/10
Issue Size ₹8.1 Cr
Issue Price ₹160
Market Lot 800 Shares
Shares on Offer 320,000
Registrar
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date N/A
Listing Price N/A
Listing Gain% N/A

About G M Polyplast Limited

GM Polyplast Limited​ is one of the leading manufacturer of H.I.P.S., A.B.S & P.E.T Sheets which started its operation way back in 2003 in the name of GM Polyplast Limited.

GM Polyplast Limited believes 'Innovation as key to future' and have been keeping pace with modernization in all sphere of development, manufacturing, and marketing, emphasis on product Quality & Client satisfaction. A professional approach and constant interaction ensure client requirement is met with high standard within the agreed guideline of time and cost.

Its impressive growth has been largely due to confidence in its own capability and impressive infrastructure it has created over the years. GM Polyplast Limited has been steadily diversifying as well as adding new products to its portfolio, besides adding additional infrastructure for increasing its manufacturing capability for its existing products.

The company is managed by young Technocrafts & Professional directors who work full-time and direct all other energies towards growth and effective running, paying special concentration on the area like research development, marketing & quality control. GM Polyplast Limited has a centrally located manufacturing plant in Mumbai which also equipped imported & modern machinery which has added a new product line and thereby doubling its product capability with quality & reliability.

Their main mission is to understand the customer requirement, timely delivery of quality product at an affordable cost.

Company Promoters

Mr. Dinesh Balbirsingh Sharma and Ms. Sarita Dinesh Sharma are the promoters of the company.

Objects of the Issue

The net proceeds from the IPO will be used towards the following objectives

  1. To meet the working capital requirements of the company.
  2. To meet general corporate purposes.

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 2,482.68 2,537.03 2,533.25
Total Revenue (In ₹ Millions) 6,342.98 6,834.50 5,551.24
Profit After Tax (PAT) (In ₹ Millions) 231.80 138.04 92.20

G M Polyplast Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 30 Sep 2020 0.09 0.02 0.06
Day 2 - 01 Oct 2020 0.28 0.06 0.17
Day 3 - 05 Oct 2020 1.36 0.52 0.94
Day 4 - 06 Oct 2020 2.13 1.07 1.60

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

G M Polyplast Limited IPO FAQs

  1. When will G M Polyplast Limited IPO open?

    G M Polyplast Limited IPO will open on 30/09 and close on 06/10.

  2. What is the listing date of G M Polyplast Limited IPO?

    G M Polyplast Limited IPO will list on .

  3. What is the offer price of G M Polyplast Limited IPO?

    The offer price of G M Polyplast Limited IPO is ₹160.

  4. What is the lot size of G M Polyplast Limited IPO?

    The lot size of G M Polyplast Limited IPO is 800.

  5. What is the Grey Market Premium (GMP) price of G M Polyplast Limited IPO?

    The Grey Market Premium (GMP) price of G M Polyplast Limited IPO is Not Available at the moment.

  6. What is the Kostak price of G M Polyplast Limited IPO?

    The Kostak price of G M Polyplast Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for G M Polyplast Limited IPO?

    The Subject to Sauda price for G M Polyplast Limited IPO is Not Available at the moment.

G M Polyplast Limited IPO Review/Comments

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