SPP Polymer Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Sep 10, 2024 · 2 min read

SPP Polymer Limited IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the SPP Polymer Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.SPP Polymer Limited IPO Overview

The initial public offering (IPO) of SPP Polymer Limited is a public issue under the SME board. The subscription window is scheduled to open on Sep 10, 2024 and close on Sep 12, 2024, with the price band fixed at ₹59 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesSep 10, 2024 – Sep 12, 2024
Price Band₹59
Lot Size2000 shares
Minimum Investment₹1,18,000
Issue SizeTBA
Listing AtNSE SME

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Sep 10, 2024
  • Bidding closes: Sep 12, 2024
  • Allotment date: TBA
  • Listing date: 2024-09-17
  • Minimum investment: ₹1,18,000 for 2000 shares
  • Registrar: Kfin Technologies Limited

4.SPP Polymer Limited IPO GMP Today

The grey market premium for SPP Polymer Limited is currently ₹14 per share — roughly 24% over the upper price band. GMP is an informal, unregulated indicator of listing-day sentiment; it is not published by any exchange and can change before listing, so treat it as sentiment rather than a forecast.

5.How to Apply for SPP Polymer Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "SPP Polymer Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 2000-share lot, at a price within the ₹59 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2024-09-17 on BSE and NSE. Once finalised, check your status on the SPP Polymer Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

SPP Polymer Limited opens on Sep 10, 2024 and closes on Sep 12, 2024 at ₹59 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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