SPP Polymer Ltd.
NNSE:SPPPOLY11.00
INR
0.00
(0.00%)
ISIN
INE0QR801013
Return %
Stock
S&P 500
1Y
-35.10
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Dipak Goyal
- Sector
- Process industries
- Industry
- Textiles
- Address
- Rudrapur City India
- IPO Date
- Sep 17, 2024
- Website
- spppolymer.com
- Similar Companies
- Business
- SPP Polymer Limited is an India-based packaging solutions and technical textiles manufacturing company. Founded in 2004 and headquartered in Rudrapur, Uttarakhand, India, the company specializes in the design, development, and production of polymer-based packaging materials and non-woven fabrics for industrial, agricultural, and commercial applications. The company operates through a dedicated manufacturing infrastructure located in the State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIDCUL) industrial area in Pantnagar, serving domestic and international clients across sectors such as agriculture, cement, fertilizers, chemicals, food processing, construction, and retail. The company operates across multiple specialized product categories; High-Density Polyethylene (HDPE) and Polypropylene (PP) woven fabrics, offered in laminated, unlaminated, circular, and flat configurations for industrial wrapping and bulk packaging; HDPE and PP woven sacks and bags, engineered for heavy-duty containment and transportation of agro-commodities, sugar, cement, chemicals, grains, and animal feed; Biaxially Oriented Polypropylene (BOPP) laminated woven bags, featuring multi-color rotogravure printing, moisture-resistant barrier properties, and customized gusset designs for branded consumer and retail packaging; PP spunbond non-woven fabrics, utilized in medical disposables, hygiene products, protective apparel, eco-friendly carry bags, and agricultural crop covers; Polyethylene and HDPE tarpaulins, waterproof sheeting, and vehicle covers, designed for outdoor storage protection, logistical transit, and civil construction; and PP multifilament yarn and masterbatches, used in-house and supplied for coloring, tensile enhancement, and UV stabilization in technical textile processing. In recent corporate developments, SPP Polymer Limited transitioned from a private entity into a public limited company and completed its Initial Public Offering (IPO) on the NSE Emerge platform of the National Stock Exchange of India (NSE: SPPPOLY) in September 2024, raising approximately INR 24.49 crore in gross proceeds through a fresh issue of equity shares. The proceeds from the public offering have been directed toward funding the strategic expansion and modernization of its Rudrapur manufacturing facilities, including the procurement and installation of high-speed extrusion lines, computerized circular weaving looms, and automated bag-making machinery to scale overall output capacity and enhance cost efficiency. In line with its long-term strategic growth plans, the company has also expanded its high-margin technical textile and value-added packaging portfolio, specifically scaling up multi-color BOPP laminated packaging lines and specialized non-woven fabric grades to penetrate new institutional end markets across India.