SPP Polymer Limited was originally incorporated dated August 17, 2004 as 'S.P.P. Food Products Private Limited' as a Private Limited Company vide Certificate of Incorporation dated August 27, 2004, issued by the Registrar of Companies, N.C.T. of Delhi & Haryana. Name of the Company was changed to 'SPP Polymer Private Limited' dated May 12, 2023. Thereafter, it got converted into Public Company and the name was changed to 'SPP Polymer Limited' and a fresh Certificate of Incorporation dated September 20, 2023 was issued by the Registrar of Companies, Delhi.
Company is engaged in manufacturing of HDPE/PP woven fabric & bags, Non-woven fabrics & bags and PP Multifilament yarn. The Company offer packaging solutions to Business to Business (B2B) manufacturers catering to different industries such as cements, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities. It has manufacturing plant at Pantnagar, in Uttarkhand. It has installed capacity of HDPE/PP Woven Fabric and bags 9125 MT and NonWoven Fabric 3600 MT.
Secondly, the leno fabrics are used for packing of vegetables, fruits etc. These fabrics are light in weight and ideally suited for packaging corrugated or wooden boxes, cloth bales, machinery, and many other finished goods for complete protection. They are used in making of bags, sacks, packing for Textiles, Upholstery, Carpets, Making Tarpaulin Covers, and Open-Air Storage. The fabric is available in laminate ...d and unlaminated form through in-house lamination facility. HDPE (High-Density Polyethylene) and PP (Polypropylene) woven fabrics are versatile materials that find applications in various industries. These woven fabrics are made by weaving together plastic strips/ yarns, resulting in a strong and durable fabric with excellent tear resistance and tensile strength. The manufacturing process includes extrusion of plastic tapes, weaving via circular looms, optional lamination for waterproofing, and final conversion through cutting, stitching, and printing machine.
In September 2024, Company launched the IPO by issuing 41,50,000 equity shares of Rs 10 each and raised a fresh issue of 24.49 Crore.
FAQs on SPP Polymer Ltd
1. Can I buy SPP Polymer Ltd from PL Capital? ›
Yes, you can invest in SPP Polymer Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track SPP Polymer Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade SPP Polymer Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does SPP Polymer Ltd pay dividends? ›
Yes, SPP Polymer Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding SPP Polymer Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of SPP Polymer Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for SPP Polymer Ltd. is ₹ 12.1 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of SPP Polymer Ltd ? ›
The 52-week high and low of SPP Polymer Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
