Deep Polymers Limited IPO (Deep Polymers Limited) Detail
ABOUT THE COMPANY:
Deep Polymer Limited is engaged in manufacturing colour and additive master batches for engineering plastics and compounds that includes wide range of quality products like antifab fillers, transparent fillers, colour fillers, which is used as cost effective replacements for polymers and acts as anti-fibrillating, anti-blocks, anti-slip agents. The manufacturing facilities are well equipped with streamlined process to ensure quality of products and timely manufacturing.
The company endeavour to maintain safety in the premises by adhering to key safety norms. The well- equipped machines, with in-house printing and Quality Control facility and own logistics- dedicated fleet of trucks for timely delivery. The company is being promoted by Mr. Rameshbhai Bhimjibhai Patel having experience of more than 20 years who is the guiding force behind all the strategic decisions of the Company. The Company is also a member of the Plastics Export Promotion Council which is sponsored by Ministry of Commerce & Industry, Government of India.
Company has started their manufacturing facility at Kalol and manufacture plastic master batches with 600 MT productions per annum in year 1992 and now has achieved colour master batches and filler master batches of 12,000 MT and 25,000 MT respectively.Deep Polymer’s total revenues, as restated for the year ended March 31, 2018, is Rs. 4,110.09 Lakh. The
The company’s restated net profit after tax for the year ending March 31, 2018, is Rs. 214.73 Lakh
Company has well equipped machines, with in-house printing and Quality Control facility and own logistics- dedicated fleet of trucks.
Company provides the best in class quality packaging solutions to their esteemed customers spread over all the sectors, be it Agriculture, Appliance, Automotive and transportation, Electrical, Electronics.
- Mr. Rameshbhai Bhimjibhai Patel (Chairman and Managing Director)
- Mrs. Ashaben Rameshbhai Patel (Designation: Executive Director)
- Ms. Jignesha Rameshbhai Patel (Designation: Non-Executive and Non Independent Director)
Objects of the Issue:
- To Meet working capital requirement.
- To Meet the Issue Expenses.
- To Meet General corporate purpose.
|Amount (in INR & Lakhs)|
|Profit After Tax||214.73||128.02||(35.41)||67.05||(36.06)|
|Issue Opens on||8th August 2018|
|Issue Closes on:.||13th August 2018|
|Minimum Lot||3000 shares|
|Issue Size||Rs.15.24 cr|
|Market Cap||Rs.47.48 cr|
|Listing at||BSE SME|
|Equity Shares Offered||38,10,000|
|Equity Shares Prior to the Issue||1,05,11,600|
|Equity Shares after the Issue||1,18,71,600|
Company Contact Information:
Deep Polymers Limited
Rakanpur (Santej), Tal Kalol,
D Gandhinagar- 380 060
Deep Polymers Limited Registrar:
Bigshare Services Pvt. Ltd
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai – 400 072
Fax: 91-22-2847 5207
Deep Polymers Limited Lead Manager(s):
SEBI Registration No. INM000012177
Gretex Corporate Services Pvt Ltd
Office No. 13, 1st Floor, Raja Bahadur Mansion,
New Bansilal Building, 9 -15, HomiModi Street ,
Fort, Near BSE Ltd, Mumbai -400023
Phone: +91-22 -4002 5273/9836822199
Fax: +91-22-4002 5273
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