Deep Polymers Limited IPO (Deep Polymers Limited) Detail

Deep Polymers Limited IPO

Deep Polymers Limited IPO (Deep Polymers Limited) Detail



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.

Deep Polymers Limited

Management Team:

  1. Mr. Rameshbhai Bhimjibhai Patel (Chairman and Managing Director)
  2. Mrs. Ashaben Rameshbhai Patel (Designation: Executive Director)
  3. Ms. Jignesha Rameshbhai Patel (Designation: Non-Executive and Non Independent Director)

Objects of the Issue:

  1. To Meet working capital requirement.
  2. To Meet the Issue Expenses.
  3. To Meet General corporate purpose.

Company Financials:

Amount (in INR & Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 2,904.30 3,009.04 2,539.78 2,637.90 2,321.31
Total Revenue 4,110.09 4,274.43 3,600.85 4,113.89 3,473.07
Total Expense 3,817.26 4,078.74 3,649.41 4,016.50 3,524.07
Profit After Tax 214.73 128.02 (35.41) 67.05 (36.06)



Details Info
Issue Opens on 8th August 2018
Issue Closes on:. 13th August 2018
Issue Price Rs.40
Face Value Rs.10
Minimum Lot 3000 shares
Minimum Investment Rs.1,20,000
Issue Constitutes 32.09%
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

Block No. 727B/H, Bhavi Industries
Rakanpur (Santej), Tal Kalol,
D Gandhinagar- 380 060
Phone: +91-2764-286032

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

Phone: 91-22-40430200
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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