Command Polymers Limited, established in 1998, is a reputable player engaged in the marketing and manufacturing of a wide range of Polymer-based products. The company’s product portfolio includes Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and various other polymers.
The versatility of Command Polymers’ products finds applications across different industries, such as Industrial packaging industries and the Food industry, among others. The company’s ability to serve multiple sectors and its continuous expansion further contribute to its growing scope and success.
Command Polymers Limited primarily focuses on manufacturing and trading activities, with 67% and 33% of its revenue generated from these operations, respectively.
Located in District 24 Parganas (South), the company’s manufacturing facility is well-equipped with state-of-the-art machinery and tools, facilitating an efficient and smooth manufacturing process, as well as seamless logistics.
The competitive strengths of Command Polymers Limited lie in its experienced management team, established relationships with reliable suppliers, a strong focus on quality assurance, a seamless flow of operations, and a scalable business model. These strengths enable the company to effectively serve diversified industries and maintain its position as a leading player in the polymer products market.
Command Polymers Ltd Stock Quote #
- Open: ₹28.10
- High – Low: ₹28.10 – ₹25.60
- Previous Close: ₹25.40
- Total Traded Value: 8,000
- 52 Weeks High: ₹28.10 (Jul 21, 2023)
- 52 Weeks Low: ₹25.40 (Jul 18, 2023)
- Updated On: Jul 21, 2023 4:00 PM
IPO Details #
IPO Date | Mar 17, 2023 to Mar 21, 2023 |
Listing Date | Mar 29, 2023 |
Face Value | ₹10 per share |
Price | ₹28 per share |
Lot Size | 4000 Shares |
Total Issue Size | 2,532,000 shares (aggregating up to ₹7.09 Cr) |
Fresh Issue | 2,532,000 shares (aggregating up to ₹7.09 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Market Maker portion | 132,000 shares Aryaman Capital Markets |
IPO Reservation #
Anchor Investor Shares Offered | – |
Market Maker Shares Offered | 132,000 (5.21%) |
Other Shares Offered | 1,200,000 (47.39%) |
Retail Shares Offered | 1,200,000 (47.39%) |
Total Shares Offered | 2,532,000 (100%) |
IPO Timetable (Tentative) #
Command Polymers IPO opens on Mar 17, 2023, and closes on Mar 21, 2023.
Event | Tentative Date |
---|---|
Opening Date | Friday, 17 March 2023 |
Closing Date | Tuesday, 21 March 2023 |
Basis of Allotment | Friday, 24 March 2023 |
Initiation of Refunds | Monday, 27 March 2023 |
Credit of Shares to Demat | Tuesday, 28 March 2023 |
Listing Date | Wednesday, 29 March 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on Mar 21, 2023 |
IPO Lot Size #
The Command Polymers IPO lot size is 4000 shares.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 4000 | ₹112,000 |
Retail (Max) | 1 | 4000 | ₹112,000 |
HNI (Min) | 2 | 8,000 | ₹224,000 |
Lot Size Calculator |
IPO Promoter Holding #
Kundan Vinimay Private Limited, Sukhjit Consultants Limited, Sukhdhan Vinimay Private Limited and Ridhi Sidhi Advisory Private Limited are the Promoters of the company.
Pre Issue Share Holding | 52.60% |
Post Issue Share Holding | 38.39% |
Company Financials #
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-20 | 1,640.40 | 1,089.84 | 9.43 | 921.39 | 236.92 | 238.57 |
31-Mar-21 | 2,252.48 | 1,636.76 | 19.64 | 932.37 | 247.90 | 514.25 |
31-Mar-22 | 1,889.12 | 1,948.50 | 30.02 | 962.39 | 277.92 | 685.14 |
31-Dec-22 | 2,225.23 | 1,460.15 | 16.16 | 978.56 | 294.09 | 661.04 |
Amount in ₹ Lakhs |
Key Performance Indicator #
KPI | Values |
---|---|
P/E (x) | 121.74 |
Market Cap (₹ Cr.) | 26.26 |
Objects of the Issue #
The company intends to utilize the Net Proceeds from the Issue to fund the following objectives:
- Funding Working capital requirements;
- Repayment of Loans;
- General Corporate Purpose
IPO Subscription Status (Bidding Detail) #
The Command Polymers IPO is subscribed 1.39 times on Mar 21, 2023 7:02:00 PM. The public issue subscribed 0.98 times in the retail category, times in the QIB category, and 1.81 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 1.81 |
Retail | 0.98 |
Total | 1.39 |
Total Application : 305 (1.02 times)
IPO Prospectus #
- › Command Polymers IPO DRHP
- › Command Polymers IPO RHP
IPO Listing Details #
Listing Date | Mar 29, 2023 |
BSE Script Code | 543843 |
NSE Symbol | |
ISIN | INE0LKQ01012 |
Final Issue Price | ₹28 per share |
Listing Day Trading Information #
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹28.00 |
₹26.75 |
₹25.45 |
₹27.42 |
₹26.50 |
Company Contact Information #
Mouza Malancha, J.L.No.87,
P.O. Narayanpur, P.S Bhangar,
District 24 Parganas (South) -743502
Phone: +91 98365 52178
Email: info@commandpolymers.com
Website: http://www.commandpolymers.com/
IPO Registrar #
Phone: 04067162222, 04079611000
Email: cpl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager(s) #
Frequently Asked Questions #
What is the IPO Date and Price for Command Polymers Limited? #
The Command Polymers Limited IPO opened on March 17, 2023, and closed on March 21, 2023. The IPO price was set at ₹28 per equity share.
What is the lot size for the Command Polymers Limited IPO? #
The lot size for the Command Polymers Limited IPO is 4000 shares.
What is the total issue size of the Command Polymers IPO? #
The Command Polymers IPO had a total issue size of 2,532,000 equity shares, aggregating up to ₹7.09 Crores.
How can retail investors apply for Command Polymers IPO shares? #
Retail investors could apply online for Command Polymers IPO shares through banks using the ASBA facility or through a broker using UPI.
What is the basis of allotment for Command Polymers IPO? #
The basis of allotment for the Command Polymers IPO was finalized on March 24, 2023.
Who are the promoters of Command Polymers Limited? #
The promoters of Command Polymers Limited are Kundan Vinimay Private Limited, Sukhjit Consultants Limited, Sukhdhan Vinimay Private Limited, and Ridhi Sidhi Advisory Private Limited.
What are the competitive strengths of Command Polymers Limited? #
The competitive strengths of Command Polymers Limited include an experienced management team, existing relationships with suppliers, quality assurance, smooth flow of operations, scalable business model, and a product range that enables them to serve diversified industries.
For the latest and most accurate information, please refer to the official sources and websites.