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SPP Polymer Limited logo

SPP Polymer Limited IPO

SME IPOListedSPPPOLYNSE
Current Market Price (CMP)
₹11.45(-80.59%)
Current Price (CMP)
₹11.45(-80.59%)

Live Market Quote

Listing Price & Gain
₹63(+6.78%)

Day 1 Exchange Open

IPO Issue Price
₹59

Band: ₹59

Total Subscription
39.08x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
10 Sept 2024
IPO Bidding Closes
12 Sept 2024
Allotment & Refunds
Completed
Exchange Listing Day
17 Sept 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 39.08x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription39.08x
Updated as on 12-Sep-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+6.78%
₹59 (Issue) → ₹63 (List)
Per share profit: +₹4.00
Holding Return (Till Date)-80.59%
₹59 (Issue) → ₹11.45 (CMP)
Net gain per share: ₹-47.55
Post-Listing Performance (Listing Day → Today):-81.83%

About SPP Polymer Limited IPO

SPP Polymer Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 10 Sept 2024 and concluded on 12 Sept 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹59.

During the bidding window, SPP Polymer Limited witnessed heavy demand with an overall subscription of 39.08 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of SPP Polymer Limited officially debuted on the stock exchanges on 17 Sept 2024 at an opening listing price of ₹63, delivering a listing day return of +6.78% (premium) over the final issue price. As per the latest market data, the stock trades at ₹11.45, representing an overall decline of -80.59% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of SPP Polymer Limited IPO?
The issue price of SPP Polymer Limited IPO was fixed at ₹59 per equity share. The indicative bidding price band was ₹59.
What were the open, close, and listing dates for SPP Polymer Limited IPO?
SPP Polymer Limited IPO opened on 10 Sept 2024, closed on 12 Sept 2024, listed on 17 Sept 2024.
How much was SPP Polymer Limited IPO subscribed?
The IPO received an overall subscription of 39.08 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of SPP Polymer Limited IPO?
SPP Polymer Limited IPO listed on the stock exchange at ₹63, delivering a listing gain of 6.78% compared to the IPO issue price of ₹59.
Is SPP Polymer Limited IPO a Mainboard or SME IPO?
SPP Polymer Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of SPP Polymer Limited IPO since its IPO?
At the latest market quote of ₹11.45, SPP Polymer Limited IPO has generated an all-time return of -80.59% since its initial public offering.

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