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Injecto Polymers SME IPO

Injecto Polymers came to market through an SME IPO that opened on 11 September 2026 and closed on 16 September 2026, and the shares listed on 21 September 2026 on BSE SME. The price band was ₹98 to ₹100 per share and one lot was 1200 shares, so the minimum application was ₹1,20,000. The issue size was ₹56.12 crore. The whole issue was fresh shares, so the money raised went to the company.

It listed at ₹99, a loss of 1% against the issue price of ₹100. Integrated Registry Management Services Pvt.Ltd. was the registrar to the issue, and Indcap Advisors Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹98 to ₹100
Lot size
1200 shares
Minimum investment
₹1,20,000
Face value
₹10 per share
Issue size
₹56.12 crore
Fresh issue
56,12,400 shares (aggregating up to ₹56.12 crore)
Listing at
BSE SME
Registrar
Integrated Registry Management Services Pvt.Ltd.
Lead managers
Indcap Advisors Pvt.Ltd
Promoter holding before the issue
88.14%
Promoter holding after the issue
64.35%

Timeline

Opens
11 September 2026
Closes
16 September 2026
Allotment
17 September 2026
Listing
21 September 2026

Subscription status by day

As of 16 September 2026.

Day
1
2
3

Overall the issue was subscribed 1.29 times.

Listing day and after

Issue price
₹100
Listing price
₹99
Listing gain
−1%
Listed on
21 September 2026

About Injecto Polymers

Formally incorporated in the month of September, 1998, Injecto Polymers Private Limited, The Company is involved in the manufacturing of a broad array of plastic packaging products and the trading of plastic granules and Polyvinyl Chloride (PVC) resins. The Company manufactures a broad range of packaging products that include Polypropylene (PP) Woven Fabrics, PP Woven Bags, Biaxially Oriented Polypropylene (BoPP) Bags, Leno Bags, Low-Density and Polyester Pouches, Flexible Intermediate Bulk Container (FIBC) Bags and Non-Woven Bags.

The products find applications in industries ranging from agriculture to construction, textiles, chemicals, food, pharmaceuticals, cosmetics and consumer goods. The Company operates two manufacturing units in West Bengal that are situated at Jaugram, Jamalpur and Andul Road, Howrah. The manufacturing units are equipped with modern machinery, software based monitoring system and a testing laboratory. The Company's manufacturing units have been certified under ISO 9001:2015 and ISO 22000:2018, and it also possesses BIS certification for food grade packaging.

As on July 31, 2026, the Company has 158 full time permanent employees.

As described in the offer document.

Objects of the issue

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

Financials (₹ crore)

Metric31-Mar-2631-Mar-2531-Mar-24

Promoters

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... Promoter holding 88.14% before the issue and 64.35% after.

Application sizes

Individual (min)
2 lots, 2400 shares, ₹2,40,000
Individual(max)
2 lots, 2400 shares, ₹2,40,000
sHNI(min)
3 lots, 3600 shares, ₹3,60,000
sHNI(max)
8 lots, 9600 shares, ₹9,60,000
bHNI(min)
9 lots, 10800 shares, ₹10,80,000

Valuation

EPS Pre IPO
₹10.55
EPS Post IPO
₹7.70
P/E Pre IPO
9.48
P/E Post IPO
12.99
ROE
28.94%
ROCE
15.64%
RoNW
41.73%
PAT Margin
4.26%
Debt/Equity
2.61
Price/Book
2.40
Market Cap
₹207.90 Cr

Registrar and allotment status

Registrar
Integrated Registry Management Services Pvt.Ltd.
Allotment status
https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
Phone
044-28140801/28140803
Email
irg@integratedindia.in

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Injecto Polymers SME IPO

What is Injecto Polymers IPO?

Injecto Polymers IPO was a ₹56.12 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹98–₹100 per share with a lot size of 1,200 shares; the minimum retail application was 2,400 shares (₹2,40,000). The IPO was open from September 11 to September 16, 2026 and was subscribed 1.29x. Shares listed on BSE SME on September 21, 2026 at ₹99, a 1.0% discount to the issue price of ₹100. Integrated Registry Management Services Pvt. Ltd.

is the registrar. Indcap Advisors Pvt. Ltd. is the book running lead manager.

What is the price band of Injecto Polymers IPO?

The price band of Injecto Polymers IPO is ₹98 to ₹100 per share.

What is the lot size of Injecto Polymers IPO?

The lot size of Injecto Polymers IPO is 1200 shares.

What is the minimum investment for Injecto Polymers IPO?

The minimum investment for Injecto Polymers IPO is approximately ₹2,40,000 based on the upper price band.

What is the allotment date of Injecto Polymers IPO?

The allotment date of Injecto Polymers IPO is Sep 17, 2026.

How to check Injecto Polymers IPO allotment status?

You can check Injecto Polymers IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Injecto Polymers IPO allotment status on Rupix for quick and easy access.

What was the price band of the Injecto Polymers SME IPO?

₹98 to ₹100 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Injecto Polymers SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,20,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Injecto Polymers SME IPO?

₹1,20,000, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Injecto Polymers SME IPO open and close?

It opened on 11 September 2026 and closed on 16 September 2026.

When was the allotment of the Injecto Polymers SME IPO?

The basis of allotment was published on 17 September 2026 by Integrated Registry Management Services Pvt.Ltd., and allotted shares were credited to demat accounts before listing.

When did Injecto Polymers list on BSE SME?

The shares listed on 21 September 2026 on BSE SME, opening at ₹99.

How large was the Injecto Polymers SME IPO?

The issue size was ₹56.12 crore. The fresh issue was 56,12,400 shares (aggregating up to ₹56.12 crore).

How did the Injecto Polymers SME IPO perform on listing?

It listed at ₹99 against an issue price of ₹100, a loss of 1 percent on listing day.