Stay updated with the SPP Polymer IPO GMP, Kostak rates, and Subject to Sauda rates. The GMP for the SPP Polymer IPO has not yet begun. Check back regularly for the latest GMP figures.
The SPP Polymer IPO is set to open on September 10, 2024. It is a Mainline IPO aimed at raising ₹24.49 crores. The IPO price is fixed at ₹59 per share, with a minimum lot size of 2,000 shares. Established in 2004, SPP Polymer Limited (formerly SPP Food Products Private Limited) is a leading manufacturer of HDPE/PP woven fabrics and bags, nonwoven fabrics, and multifilament yarns, based in Rudrapur City, Uttarakhand. The company is committed to sustainable growth, trustworthiness, and transparency, and has invested in modern production facilities and a quality control unit to ensure high-quality products at competitive prices.
The latest GMP for the SPP Polymer SME IPO is ₹15, as of September 16, 2024, at 07:54 AM. With a price band of ₹59, the estimated listing price is ₹74 (cap price + today’s GMP), projecting a potential gain of 25.42% per share.
SPP Polymer SME IPO Retail Subject to Sauda: ₹22,800.
We update the GMP daily. Based on activity over the past 13 sessions, today’s GMP is trending upward, suggesting a strong listing. The lowest recorded GMP is ₹0, while the highest is ₹25. Stay tuned for daily updates on the SPP Polymer SME IPO GMP and the expected listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
SPP Polymer IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 16-09-2024 | 59 | ₹15 | 22800 | ₹74 (25.42%) |
| 15-09-2024 | 59 | ₹15 | 22800 | ₹74 (25.42%) |
| 14-09-2024 | 59 | ₹15 | 22800 | ₹74 (25.42%) |
| 13-09-2024 | 59 | ₹15 | 22800 | ₹74 (25.42%) |
| 12-09-2024 | 59 | ₹15 | 22800 | ₹74 (25.42%) |
| 11-09-2024 | 59 | ₹15 | 22800 | ₹74 (25.42%) |
| 10-09-2024 | 59 | ₹15 | 22800 | ₹74 (25.42%) |
| 09-09-2024 | 59 | ₹25 | 38000 | ₹84 (42.37%) |
| 08-09-2024 | 59 | ₹25 | 38000 | ₹84 (42.37%) |
| 07-09-2024 | 59 | ₹25 | 38000 | ₹84 (42.37%) |
| 06-09-2024 | 59 | ₹25 | 38000 | ₹84 (42.37%) |
| 05-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 04-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
IPO Grey Market Premium (GMP)
The grey market premium (GMP) represents the price at which an IPO is traded in the unofficial, unregulated grey market before its official listing. GMP gives an indication of how a company’s IPO might perform on the listing day. A positive GMP suggests the IPO could be profitable, while a negative GMP points toward a potential discount on listing.
However, it’s important to note that GMP can be highly volatile. Making investment decisions solely based on the SPP Polymer SME IPO GMP can be risky. It’s crucial to consider all factors and make an informed decision before investing in the SPP Polymer SME IPO.
SPP Polymer SME IPO Dates
Stay updated with the latest information regarding the SPP Polymer SME IPO. Dates will be updated as soon as they are announced.
| SME IPO Activity | Date |
| SME IPO Open Date | 10-09-2024 |
| SME IPO Close Date | 12-09-2024 |
| Basis of Allotment | 13-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 16-09-2024 |
| Credit of Shares | 16-09-2024 |
| to Demat Account* | |
| SME IPO Listing Date* | 17-09-2024 |
SPP Polymer IPO GMP (Grey Market Premium) FAQs:
What is the SPP Polymer IPO GMP today?
The GMP for the SPP Polymer IPO is ₹15 as of today.
What is the SPP Polymer IPO Kostak Rate today?
The Kostak Rate for the SPP Polymer IPO is ₹- as of today.
What is the SPP Polymer IPO Subject to Sauda today?
The Subject to Sauda for the SPP Polymer IPO is ₹25,000 as of today.
What are the expected returns for the SPP Polymer IPO?
The expected returns for the SPP Polymer IPO are 25%.
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
