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Injecto Polymers IPOLISTED

BSESMEBook Built Issue

Injecto Polymers Private Limited manufactures rigid and flexible plastic packaging products including woven bags, FIBC bags, pouches and containers.

Compare

Listing price

₹99

Listing gain

-1.00%

Current

₹99

Listed

21 Sept 26

Opens

11 Sept 26

Closes

16 Sept 26

Allotment

17 Sept 26

Refund

18 Sept 26

Demat

18 Sept 26

Listing

21 Sept 26

Listed at

₹99

-1.00% on 21 Sept 26

Min. investment₹2,40,000
GMP₹0
Subscribed1.29x
Track in the app

Overview

Price band

₹98-100

Lot size

1200 shares

Min. investment

₹2,40,000

Issue size

₹56.12 Cr

56.12 L shares

Fresh issue

₹56.12 Cr

56.12 L shares

Face value

₹10 / share

Issue type

Book Built Issue

Listing at

BSE

Reservation

Market Maker 5.05%Anchor Investor 17.06%QIB 11.37%B-HNI 22.17%S-HNI 11.08%Individual 33.27%
CategoryShares offered% of issue
Market Maker2,83,2005.05%
Anchor Investor9,57,60017.06%
QIB6,38,40011.37%
NII (HNI)18,66,00033.25%
B-HNI12,44,40022.17%
S-HNI6,21,60011.08%
Individual18,67,20033.27%
Total56,12,400100%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)22,400₹2,40,000
Retail (Max)22,400₹2,40,000
S-HNI (Min)33,600₹3,60,000
S-HNI (Max)89,600₹9,60,000
B-HNI (Min)910,800₹10,80,000

Listing performance

NSE/BSE: INJECTOPOLYMERS

Listing gain

−1.00%

Gain per retail lot

₹-2,400

Latest vs issue

—

GMP was

—

₹100
₹99−1.00%

Issue price

Listing price

Latest price appears here during market hours.

Injecto Polymers Live GMP

GMP₹0
Est. Price₹100
Est. Gain0.00%

Not enough GMP history yet to draw a trend.

GMP × retail lot ₹0GMP × S-HNI min ₹0Expected listing ~ ₹100GMP is unofficial and changes often. Data as of 16 Sept, 05:40 pm.

Subscription

16 Sept, 05:40 pm

Oversubscribed 1.29 times · 1,110 applications

QIB
1.57x
NII (HNI)
1.21x
S-HNI
0.22x
B-HNI
1.70x
Retail
1.28x
Total
1.29x

Total applications

1,110

Total bid amount

₹56.39 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
QIB6,38,4009,99,6001.57x₹10 Cr
NII (HNI)18,66,00022,51,2001.21x₹22.51 Cr
B-HNI12,44,40021,12,0001.70x₹21.12 Cr
S-HNI6,21,6001,39,2000.22x₹1.39 Cr
Retail18,67,20023,88,0001.28x₹23.88 Cr
Total43,71,60056,38,8001.29x₹56.39 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
B-HNI346820.24x
Retail7789951.28x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

0100200300400Mar 2024 · Revenue: 109.8Mar 2024 · Expense: 104.86Mar 2024 · Profit after tax: 4.44Mar 2024 · Assets: 121.25Mar 2024 · Borrowing: 83.35Mar 2024Mar 2025 · Revenue: 261.85Mar 2025 · Expense: 250.66Mar 2025 · Profit after tax: 8.11Mar 2025 · Assets: 170.57Mar 2025 · Borrowing: 101.11Mar 2025Mar 2026 · Revenue: 375.83Mar 2026 · Expense: 352.84Mar 2026 · Profit after tax: 16.01Mar 2026 · Assets: 270.93Mar 2026 · Borrowing: 165.19Mar 2026

Key performance indicators

As of 31 Mar 2026

ROE

28.94%

PAT Margin

4.26%

ROCE

15.64%

EBITDA Margin

10.13%

Debt to Equity Ratio

2.61

Price to Book Value

2.4

RoNW

41.73%

Valuation vs listed peers

EPS Pre IPO

₹10.55

EPS Post IPO

₹7.7

P/E Pre IPO

9.48

P/E Post IPO

12.99

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+242.3%

Profit growth FY24 → FY26

+260.6%

ROCE

15.64%

  • PAT margin 4.3% and ROCE 15.6%.

Strengths & risks

  • Diversified Product Portfolio serving multiple industries.
  • Integrated Business Model combining manufacturing and trading operations.
  • Quality Certifications supported by ISO 9001:2015, ISO 22000:2018 and BIS certifications.
  • Experienced Management with strong industry experience.
5.4/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials5.9
Growth5.0
Business6.6
Demand4.5
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company.10
Funding the Capital expenditure towards setting up phase IV at our existing manufacturing facility, Unit-I, situated at NH2 Bypass Road, Jaugram, Abujhati, Jamalpur, West Bengal.30.5
General Corporate Purposes.-

Company & documents

Injecto Polymers Limited manufactures packaging products and trades in plastic granules and PVC resins. The company operates primarily on a B2B model, supplying customised packaging solutions to industrial and institutional customers across various industries.

The company manufactures PP Woven Fabrics, Woven Bags and Sacks, BOPP Bags, FIBC Bags and HM/LD Liners, catering to agriculture, food, chemicals, construction and other industries.

Injecto Polymers operates two manufacturing units in West Bengal. Unit I at Jaugram has an installed capacity of 8,470 MT per annum, while Unit II at Howrah has an installed capacity of 2,400 MT per annum. Its operations are supported by an in-house testing facility and ISO 9001:2015, ISO 22000:2018, and BIS certifications.

In addition to manufacturing, the company procures and trades plastic granules and PVC resins, with a portion also used for captive consumption.

As of March 31, 2025, the company had 133 employees.

Registrar

Integrated Registry Management Services Pvt. Ltd.

Phone: 044 - 28140801 to 28140803

Email: https://www.integratedregistry.in/IRMS_V2/IPOlink_v3.aspx

Web: ipo@integratedindia.in

Company contact

Injecto Polymers Limited

5 th Floor, Room No. 2, Gate No. 3, Poddar Court, 18, Rabindra Sarani, Lalbazar Kolkata, West Bengal, 700001

Phone: 033 22378167

Email: cs@injectopolymers.in

Web: https://www.injectopolymers.in/

Book running lead managers

  • Indcap Advisors Pvt. Ltd.

Promoters

88.1%Pre Issue
64.3%Post Issue
  • 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.