โ Back to IPOs
Injecto Polymers
๐
Founded: 1998
๐ Kolkata, West Bengal
๐ฅ employees
๐
๐ Face Value: โน10
๐ฆ Market Cap: TBA
Price Band
โน90 โ โน100
Issue Size
โน56.12 Cr
Lot Size
0 shares
Min. Investment
โน0
GMP
+โน0 (+0%)
Est. Return
+0%
Listing Date
To be announced
Registrar
Integrated Registry Management Services
IPO Signal Analysis
๐ Based on Grey Market Premium (GMP) & Subscription Data โ not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
โญ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issueโน40.50 Cr
Offer for Sale (OFS)TBA
Total Issue Sizeโน56.12 Cr
Face Valueโน10
Market Cap (at issue)TBA
Listing ExchangeBSE SME
๐
Open Date11 Sept 2026
๐ Close Date16 Sept 2026
โ๏ธ Cut-off Price Date16 Sept 2026
๐๏ธ Allotment DateTo be announced
๐ธ Refund InitiationTBA
๐ Demat CreditTBA
๐ Listing DateTo be announced
Objects of the Issue
- ๐ฐ Capital expenditure for Phase IV manufacturing expansion (โน30.50 Cr)
- ๐ฐ Repayment of borrowings (โน10.00 Cr)
- ๐ฐ General corporate purposes
About the Company
Injecto Polymers, incorporated in 1998 and based in Kolkata, manufactures plastic packaging products โ including PP woven bags, BoPP bags, FIBC bags and non-woven packaging โ and trades plastic granules and PVC resins for institutional and industrial customers.
Strengths
- โ Revenue grew about 44% and PAT roughly 97% in FY26, among the strongest growth rates in this batch of IPOs
- โ ISO 9001:2015, ISO 22000:2018 and BIS certifications support credibility with institutional buyers
- โ West Bengal manufacturing base offers logistics advantages for eastern and export markets
- โ Diversified packaging product range with customisation capabilities across woven, BoPP, FIBC and non-woven formats
Risk Factors
- โ ๏ธ Raw materials are plastic granules and PVC resins, exposing margins to petrochemical price swings
- โ ๏ธ Roughly three-quarters of issue proceeds fund a single Phase IV capacity expansion, concentrating execution risk
- โ ๏ธ Operates in a fragmented, price-competitive industrial packaging market
Subscription Status
Not yet open
QIB: โ
NII: โ
RII: โ
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | โ | โ | โ | 0.00x |
| Day 2 | โ | โ | โ | 0.00x |
| Day 3 | โ | โ | โ | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
88.14%
Pre-IPO
โ -23.8%
64.35%
Post-IPO
Founders & Leadership
RR
Ramesh Kumar Rateria
Promoter
Co-promoter of Injecto Polymers, a Kolkata-based manufacturer of woven, BoPP, FIBC and non-woven plastic packaging
AR
Ashok Kumar Rateria
Promoter
Co-promoter overseeing Injecto Polymers' packaging manufacturing and plastic granule trading operations
IPO Timeline
โ
Open Date
11 Sept 2026
๐
Close Date
16 Sept 2026
๐๏ธ
Allotment Date
To be announced
๐
Listing Date
To be announced
Key Financials
Revenueโน375.83 Cr
PATโน16.01 Cr
EPSN/A
P/E RatioN/A
ROEN/A
Market CapTBA
Company Financials (Restated Consolidated)
| Period Ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| Assets | โ | โ | โ |
| Total Income | 375.83 | 261.85 | 109.80 |
| Profit After Tax | 16.01 | 8.11 | 4.44 |
| EBITDA | 38.04 | 22.57 | 12.35 |
| Net Worth | 63.34 | 47.33 | 21.22 |
| Reserves & Surplus | โ | โ | โ |
| Total Borrowing | โ | โ | โ |
Amount in โน Crore
Key Performance Indicators (KPI)
| KPI | FY26 | FY25 |
|---|---|---|
| ROE (%) | 25.28 | 17.14 |
| EBITDA Margin (%) | 10.12 | 8.62 |
| Debt / Equity | NaN | NaN |
| Net Worth (Rs. Cr) | 63.34 | 47.33 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | N/A | โ |
| P/E (x) | N/A | โ |
| ROE (%) | N/A | โ |
| Promoter Holding | 88.14% | 64.35% |
| Market Cap | TBA | |
IPO Registrar
Integrated Registry Management Services
IPO FAQs
Injecto Polymers IPO is a SME IPO with an issue size of โน56.12 Cr at a price band of โน90 โ โน100. Minimum lot size is 0 shares (minimum investment ~โน0). Opens on 11 Sept 2026 and closes on 16 Sept 2026. Proposed listing on BSE SME. Registrar: Integrated Registry Management Services.