Injecto Polymers Limited IPO
Injecto Polymers Limited IPO closed on 16 Sept 2026. Allotment 17 Sept 2026, listing 21 Sept 2026. Price band ₹98–₹100, lot 1200 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹98–₹100 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,40,000 |
| Issue size | ₹56.12 Cr |
| GMP | +₹0 (0%) |
| Open date | 11 Sept 2026 |
| Close date | 16 Sept 2026 |
| Allotment date | 17 Sept 2026 |
| Listing date | 21 Sept 2026 |
| Registrar | Integrated Registry Mgt Ser.Pv |
About Injecto Polymers Limited
Injecto Polymers manufactures and trades plastic packaging products, specializing in high-denier fabrics tailored for heavy-duty applications. The company’s core product portfolio encompasses flexible intermediate bulk containers (FIBC), woven sacks, and bags utilized for packaging fertilizers, cement, food grains, and seeds. Operating out of two manufacturing facilities in West Bengal with a combined installed capacity of 10,870 metric tonnes, the business primarily serves customers in eastern India. Injecto Polymers generates revenue through a combination of manufacturing and trading operations, sourcing raw materials like polypropylene granules, high-density polyethylene, and low-density polyethylene from both domestic and international markets. The company caters to the agriculture, construction, textiles, and chemicals sectors, managing its supply chain through a flexible…
Strengths
- Phase IV expansion directly scales core manufacturing capacity.
- Debt repayment will improve overall leverage and financial health.
- Strong market foothold across the eastern Indian packaging sector.
- Proven capability to produce heavy-duty, high-denier fabrics.
- Solar power infrastructure reduces reliance on the state grid.
Risks
- Phase IV capital expenditure is subject to execution and cost risks.
- Restrictive debt covenants currently limit our operational flexibility.
- Top 5 customers generate over 30% of total operating revenue.
- Heavy reliance on lower-margin trading activities impacts profits.
- Negative operating cash flows constrain future working capital.