Injecto Polymers’ ₹56-Crore SME IPO To Open On 11 September
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Injecto Polymers will open its ₹56.12-crore SME IPO on Friday at a price band of ₹90-100 per share. The company plans to use the proceeds for manufacturing expansion, debt repayment and general corporate purposes.
Injecto Polymers is set to enter the primary market this week with a ₹56.12-crore initial public offering (IPO). The Kolkata-based packaging company will open its IPO on Friday, 11 September, with the subscription window closing on 16 September.
The price band has been set at ₹90-100 per share. Before the issue opens for other investors, the anchor bidding will take place on 10 September.
The Injecto Polymers IPO consists of 56.12 lakh new shares. There is no offer-for-sale component, so the funds raised will go to Injecto Polymers.
Where The IPO Money Will Go
A large part of the proceeds has been set aside for the company's manufacturing operations in West Bengal.
Injecto Polymers plans to spend ₹30.50 crore on expanding its existing facility. It will put another ₹10 crore towards repayment of debt.
The balance will be available for general corporate purposes.
The company's shares are expected to be listed on the Bombay Stock Exchange Small and Medium Enterprises (BSE SME) platform on 21 September, subject to the proposed timeline.
Business And Financial Performance
Injecto Polymers makes plastic packaging products and is also involved in the trading of plastic granules and polyvinyl chloride (PVC) resins. The company was incorporated in September 1998.
Its revenue has risen considerably in the last two financial years. Revenue from operations stood at ₹109.04 crore in FY24 and increased to ₹375.53 crore in FY26.
Profit after tax also moved higher during the period, from ₹4.44 crore in FY24 to ₹16.01 crore in FY26.
Indcap Advisors is acting as the sole book-running lead manager for the IPO.
Also Read - Jindal Supreme India IPO To Open On 16 September; Shares Likely To List On 23 September
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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