Issue Price
₹35
Per Share
GMP
NIL
Grey Market
Est. Listing
₹35
Expected Price
Min. Application
₹280,000
2 lots × 4000 shares
Incorporated in 1999, Polymac Thermoformers Ltd is engaged in the business of manufacturing disposable plastic products such as plastic glasses, cups, bowls.These disposable plastic utensils are manufactured by thermoforming technique and are increasingly used in Ice-cream industry, hotels, restaurants, canteens, etc. against conventional glass-wares or ceramic cups. Company's manufactured disposable cups, glasses are mainly used for food items and are made out of polypropylene or polystyrene sheets.Company's manufacturing produce is sold to wholesalers and some of the major customers are Maa Mansa Age, A.H. Printers, Varun Traders, B.P.L. Dumka, Bola Store, J.P. Plastic, Sushil Kumar Kundu, Magleshwar Mahadev Store, Komal Devi Mukesh Kumar Co. and Aditya Sales Agency.
Polymac Thermoformers Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 120,000 | — | ₹0.42 Cr | — |
| TOTAL | 2,200,000 | 100.00% | ₹7.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹140,000 |
| Retail (Max) | 13 | 52,000 | ₹1,820,000 |
| sNII (Min) | 14 | 56,000 | ₹1,960,000 |
| bNII (Min) | 68 | 272,000 | ₹9,520,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |