SSF Plastics IPO Upcoming
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About SSF Plastics
Incorporated in 2006, SSF Plastics provides packaging solutions from design through delivery across product segments like bottles, containers, caps, closures, tubs, and engineering plastic components. The company supports industries such as personal care, home care, food and beverages, consumer electronics, engine oil and lubricants, and pharmaceuticals, and processes polymers including high-density polyethylene, polypropylene, low-density polyethylene, polyethylene terephthalate, and post-consumer recycled polymers.
Financials of SSF Plastics
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹550 crores |
| Fresh Issue | ₹550 crores |
| Offer for sale | ₹250 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment of outstanding borrowings | 160 (53%) |
| Working capital requirements | 80 (27%) |
| General corporate purposes | (not above 25% of gross proceeds) |
Strengths
- Strong, diverse client relationships.
- Broad product portfolio with efficiency.
- Innovation-driven growth.
- Successful industry consolidation.
- Consistent profitability with entry barriers.
Risks
- Reliance on supplier of raw materials.
- Lease renewal risk impacting operations.
- Uncertain future dividend payments.