SSF Plastics India Ltd. IPO Details
Allchem SSF Plastics India was incorporated on June 27, 2006. The company provides end-to-end packaging solutions, offering bottles, caps, tubs, and engineering plastic components for industries like personal care, homecare, F&B, electronics, lubricants, and pharmaceuticals
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹5,500.0 M | DRHP DOC |
SSF Plastics issue details
SSF Plastics IPO issue size is ₹ 5,500.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
SSF Plastics IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
SSF Plastics NUMBER OF SHARES ON OFFER
SSF Plastics FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 151.9 | 3,974.2 | 1,104.0 | 455.9 | 15.3% |
| FY24 | 461.0 | 6,309.1 | 569.6 | -297.1 | 16.8% |
| FY23 | 485.8 | 5,987.4 | 530.5 | 338.8 | 15.0% |
| FY22 | 318.4 | 5,238.2 | 586.5 | 166.7 | 15.8% |
SSF Plastics INFORMATION ON IPO ISSUE
About SSF Plastics
Allchem SSF Plastics India was incorporated on June 27, 2006. The company provides end-to-end packaging solutions, offering bottles, caps, tubs, and engineering plastic components for industries like personal care, homecare, F&B, electronics, lubricants, and pharmaceuticals
Object of the Issue
- Re-payment/ pre-payment, in full or in part, of certain outstanding borrowings availed by the company
- Funding capital expenditure requirements for purchase of plant and machinery
- General corporate purposes
SSF Plastics - PROMOTERS
| Name |
|---|
| Kapil Dhawan |
| Sunil Dhawan |
| Ramesh Madhavdas Chugh |
| Saurabh Dhawan |
| Daksh Sunil Dhawan |
| Pulkeet Sunil Dhawan |
SSF Plastics Book Running Lead Manager
IIFL Capital Services Limited
ssfplastics.ipo@iiflcap.com
Nuvama Wealth Management Limited
ssf.ipo@nuvama.com
SSF Plastics Registrar to the Offer
MUFG Intime India Private Limited
ssfplastics.ipo@in.mpms.mufg.com
SSF Plastics Strengths
Broad & differentiated product portfolio
The company offers end-to-end packaging solutions, including customized bottles, caps, tubs, and engineering plastic components. With in-house design, mould making, decoration, and automation capabilities, it processes polymers like HDPE, PP, LDPE, PET, and PCR for efficient operations
Product & process development
The company integrates innovation with manufacturing, focusing on productivity, operational improvements, and sustainable packaging solutions. It employs advanced technologies like vision systems, robotics, in-mould labeling, and automation to develop specialized products, enhance efficiency, and prevent tampering in caps and closures
Integrated business model
The company has a design and innovation division at its corporate office and tool room facilities in Mumbai. With in-house production and a centralized tool room, it ensures efficient design, development, and maintenance of moulds for diverse product sizes, shapes, and designs
SSF Plastics Risks
Depend on manufacturing facility
The company's operations rely heavily on its manufacturing facilities. Any unplanned disruption or shutdown could significantly impact its business, financial condition, cash flow, and operations
Production risks
Dependence on the complex mould-making process may cause production delays, higher costs, and disruptions, impacting market competitiveness and overall business performance
Quality restrictions
Failure to meet strict quality standards or product defects may lead to order cancellations or liability claims, negatively impacting business performance and financial stability
IPO FAQs
The promoters of the company are Kapil Dhawan, Sunil Dhawan, Ramesh Madhavdas Chugh, Saurabh Dhawan, Daksh Sunil Dhawan and Pulkeet Sunil Dhawan.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.