Injecto Polymers Limited logo

IPO details · Updated

Injecto Polymers Limited

ClosedSMEBSE: 544930
Price Band
₹98 – ₹100
Lot Size
1,200 shares
Min. Investment
₹1,20,000
Issue Size
₹56.12 Cr
Offer Dates
11 Sept – 16 Sept 2026
Listing
21 Sept 2026

Issue Details

Full details →
Total Issue Size
₹56.12 Cr
56,12,400 shares
Fresh Issue
₹56.12 Cr
56,12,400 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
BSE SME
Shares Pre-Issue
1,51,77,200
Shares Post-Issue
2,07,89,600

IPO Timeline

  1. Offer opens

    11 Sept 2026

  2. Offer closes

    16 Sept 2026

  3. Allotment

    17 Sept 2026

  4. Listing· Today

    21 Sept 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor17.1%9,57,600 shares
  • QIB11.4%6,38,400 shares
  • HNI33.2%18,66,000 shares
  • Retail33.3%18,67,200 shares
  • MarketMaker5.0%2,83,200 shares

Subscription Status

Final subscription figures for this issue are not available yet.

Lot Size & Investment

1 lot = 1,200 shares

Retail (min)

2 lots · 2,400 shares

Retail (max)

2 lots · 2,400 shares

S-HNI (min)

3 lots · 3,600 shares

ApplicationLotsSharesAmount
Retail22,400₹2,40,000
Small HNI (S-HNI)33,600₹3,60,000
Big HNI (B-HNI)910,800₹10,80,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets270.93170.57121.25
Total Income375.83261.85109.8
Profit After Tax16.018.114.44
EBITDA38.0422.5712.35
Net Worth63.3447.3321.22
Reserves & Surplus48.1632.157.84
Total Borrowing165.19101.1183.35

Key Performance Indicators

Key performance indicators
PeriodMar-26
ROE (%)28.94
ROCE (%)15.64
EPS (₹)10.55
P/E (pre-issue)9.48
P/E (post-issue)12.99

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Emmbi Industries Ltd19.434.06%
Rdb Rasayans Ltd9.0413.74%

About Injecto Polymers Limited

Incorporated in September 1998, Injecto Polymers Private Limited, The Company is engaged in the manufacturing of a diverse range of plastic packaging products and the trading of plastic granules and Polyvinyl Chloride (PVC) resins. The Company manufactures a wide range of packaging products, including Polypropylene (PP) Woven Fabrics, PP Woven Bags, Biaxially Oriented Polypropylene (BoPP) Bags, Leno Bags, Low-Density and Polyester Pouches, Flexible Intermediate Bulk Container (FIBC) Bags and Non-Woven Bags. These products are used across industries such as agriculture, construction, textiles, chemicals, food, pharmaceuticals, cosmetics and consumer goods. The Company primarily operates under a Business-to-Business (B2B) model, supplying customised packaging products in various shapes and sizes based on customer requirements. Injecto Polymers operates two manufacturing units in West Bengal, located at Jaugram, Jamalpur and Andul Road, Howrah. The manufacturing facilities are supported by modern machinery, software-based monitoring systems and an in-house testing facility for quality and compliance checks. The Company's manufacturing units are certified under ISO 9001:2015 and ISO 22000:2018, and it also holds BIS certification for food-grade packaging, supporting its focus on product quality and food safety. The Company serves institutional and industrial customers through bulk orders and offers a diversified product portfolio catering to multiple end-use industries. Its operations are supported by a focus on product customisation, quality control and customer relationships, while the location of its manufacturing facilities provides access to established industrial and logistics networks in West Bengal. As of July 31, 2026, the Company had 158 permanent full-time employees. Competitive Strengths Strong customer relationships. Locational advantage of manufacturing units. Quality standard certifications and quality testing. Multi-product portfolio and customisation capabilities. Experienced promoters and senior management team.

Objects of the Issue

  • Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Company (₹10.00 Cr)
  • Funding the Capital expenditure towards setting up phase IV at existing manufacturing facility, Unit-I, situated at NH2 Bypass Road, Jaugram, Abujhati, Jamalpur, West Bengal (₹30.50 Cr)
  • General Corporate Purposes (₹7.28 Cr)
  • Issue Expense (₹8.34 Cr)

Promoters

  • <p>Ramesh Kumar Rateria
  • Ashok Kumar Rateria
  • Suman Financial Advisory Pvt.Ltd.
  • Suman Towers Pvt.Ltd.
  • Vinayak Tie-Up Pvt.Ltd.
  • Nivedeeka Commercial Pvt.Ltd.
  • Bhagyashri Trading Pvt.Ltd.</p>

Company Information

Book running lead managers
  • Indcap Advisors Pvt.Ltd.
Registered office
5 th Floor, Room No. 2, Gate No. 3,, Poddar Court, 18, Rabindra Sarani, Lalbazar, Kolkata, West Bengal, 700001
Market maker
CapitalSquare Financial Services Pvt.Ltd.

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.