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Home › IPOs › Command Polymers Ltd
CO
Command Polymers Ltd
CLOSED BSE SME Fixed Price IPO Fresh Capital Command Polymers IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹28
Issue Price: ₹ 28
Issue Price
₹28
Face Value
₹10
Lot Size
4,000 shares
Open Date
17 Mar 2023
Close Date
21 Mar 2023
Allotment
24 Mar 2023
Listing Date
29 Mar 2023
Exchange
BSE SME
Command Polymers IPO About the Company

Incorporated in 1998, Command Polymers Limited is in the business of Marketing and Manufacturing Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.

The products of Command Polymers have a wide variety of applications in industries like Industrial packaging industries, Food industry, etc. With its versatility and scale, the company is able to serve multiple types of industries and its scope is continuously growing.

The company primarily engages in manufacturing and trading. Its revenue is generated in the proportion of 67% and 33% from these activities, respectively.

The manufacturing facility of Command Polymers Limited is situated in District 24 Parganas (South). The facility is well-equipped with all the necessary machinery and tools required for an efficient and smooth manufacturing process and easy logistics.

The competitive strengths of the company are:

  • Experienced Management Team
  • Existing relationships with suppliers
  • Quality Assurance
  • Smooth flow of operations
  • Scalable Business Model
  • Our Product enables us to serve diversified industries
...read more
Command Polymers IPO Objects of the Issue
Purpose Amount (₹ Cr)
Funding Working capital requirements; ₹4
Repayment of Loans ₹2
General Corporate Purpose ₹1
Command Polymers IPO Lead Managers
Aryaman Financial Services Ltd.
Financial Summary Amount in ₹ Lakhs
Metric 31-Dec-22 31-Mar-22 31-Mar-21
Total Assets 2,225 1,889 2,252
Revenue 1,460 1,949 1,637
PAT 16 30 20
Net Worth 979 962 932
Reserves 294 278 248
Total Borrowing 661 685 514
Issue Details
Total Shares Offered
2,532,000 (100%)
Reserved for Market Maker
Up to ₹0 Cr
Net Offer to Public
Up to ₹7 Cr
Pre-Issue Shareholding
6,844,700 shares
Post-Issue Shareholding
9,376,700 shares
UPI Mandate
21 Mar 2023
IPO Analytics Dashboard
LIVE
Command Polymers IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Weak
Command Polymers IPO GMP Strength Score
8 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Command Polymers IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 1,200,000 (47%) —
👤 Retail (RII) — 1,200,000 (47%) —
📊 Market Maker — 132,000 (5%) —
Σ Total — 2,532,000 (100%) —

* Amount calculated at upper price band (₹28) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 1,200,000 (47%)
47%
👤
Retail (RII) ? 1,200,000 (47%)
47%
📊
Market Maker ? 132,000 (5%)
5%
Total Shares Offered 2,532,000 (100%)
Command Polymers IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 4,000
Min. Investment ₹112,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 8,000
Min. Investment ₹224,000
Command Polymers IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue P/E ?
122 x
Command Polymers IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 27 Mar 2023
  2. 2 📂 Credit of Shares to Demat 28 Mar 2023
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.
  • The IPO P/E of 122x reflects a weak valuation relative to typical market ranges.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 28  ·  Symbol: —
H —
L —
O —
Command Polymers IPO Company Info
📍 Mouza Malancha, J.L.No.87, P.O. Narayanpur, P.S Bhangar South 24 Parganas district, West Bengal, 743502
Visit Website
Command Polymers IPO Registrar
Kfin Technologies Ltd.
Check Allotment Status
Command Polymers IPO FAQs
Command Polymers IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Command Polymers IPO is ₹28 per share. One lot has 4,000 shares, so the minimum investment is about ₹112,000. It is a Fresh Capital issue.
Command Polymers IPO opened on 17 Mar 2023 and closed on 21 Mar 2023. Allotment is tentatively finalised on 24 Mar 2023. Shares are listed on BSE SME on 29 Mar 2023.
Incorporated in 1998, Command Polymers Limited is in the business of Marketing and Manufacturing Polymer-based products. These products include Polythene LF tubes, Tarpaulin sheets, Polyester Fabrics, and other polymers.
As per the offer document, Command Polymers plans to use the IPO proceeds for: Funding Working capital requirements; (₹4); Repayment of Loans (₹2); General Corporate Purpose (₹1).
The lead manager of Command Polymers IPO is Aryaman Financial Services Ltd..
Command Polymers IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
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