Incorporated in 2010, SMVD Poly Pack Limited is Kolkata based manufacturer of PP (Polypropylene)/HDPE (High Density Polyethylene) woven sacks bags & Sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags & HDPE Tarpaulin.
The 73843.2 Sq. Ft. manufacturing facility of the Company is situated in Parganas District of West Bengal. Company has installed capacity of 4420 MT per annum.
SMVD Poly serves both B2B and B2C sectors. Company's customers segment include fertilizer plants, Food Corporation of India, Mining & chemical industries, flour mills, ceramic industries, Steel Industries, Plastic compounds, Rice Plants, Poultry Farms etc. Tata Chemicals Limited is one of the top customers.
The Promoters of our Company are:
1. Mr. Pramod Kumar Agarwal
2. Ms. Sangita Agarwal
3. Aashakiran Commodeal Private Limited (Corporate Promoter)
The proceeds of the Issue are proposed to be utilized for financing the following objects:
1. Capital Expenditure for Business Expansion
2. Additional Working Capital Requirement
3. General Corporate Purposes
»» Issue Open: Dec 13, 2017 - Dec 15, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 1,640,000 Equity Shares of Rs 10 aggregating up to Rs 9.02 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 55 Per Equity Share
»» Market Lot: 2000 Shares
»» Minimum Order Quantity: 2000 Shares
»» Listing At: NSE SME
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