Injecto Polymers IPO
Upcoming SMEAlready have an account? Apply now
Injecto Polymers IPO details
Schedule of Injecto Polymers
| Issue open date | 11 Sep 2026 |
| Issue close date | 16 Sep 2026 |
| UPI mandate deadline | 16 Sep 2026 (5 PM) |
| Allotment finalization | 17 Sep 2026 |
| Refund initiation | 18 Sep 2026 |
| Share credit | 18 Sep 2026 |
| Listing date | 21 Sep 2026 |
| Mandate end date | 01 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 16 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 15 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Injecto Polymers
Injecto Polymers manufactures and trades plastic packaging products, specializing in high-denier fabrics tailored for heavy-duty applications. The company’s core product portfolio encompasses flexible intermediate bulk containers (FIBC), woven sacks, and bags utilized for packaging fertilizers, cement, food grains, and seeds. Operating out of two manufacturing facilities in West Bengal with a combined installed capacity of 10,870 metric tonnes, the business primarily serves customers in eastern India. Injecto Polymers generates revenue through a combination of manufacturing and trading operations, sourcing raw materials like polypropylene granules, high-density polyethylene, and low-density polyethylene from both domestic and international markets. The company caters to the agriculture, construction, textiles, and chemicals sectors, managing its supply chain through a flexible, order-based sales model designed to adapt to fluctuating customer demand and optimize operational scale.
Financials of Injecto Polymers
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 56.12 |
| Fresh Issue – Proceeds go to the company | 56.12 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding Capital expenditure towards setting up phase IV at Unit-I | 30.5 (54.35%) |
| Repayment and/or prepayment of certain borrowings | 10 (17.82%) |
| General corporate purposes | 15.62 (27.83%) |
Strengths
- Phase IV expansion directly scales core manufacturing capacity.
- Debt repayment will improve overall leverage and financial health.
- Strong market foothold across the eastern Indian packaging sector.
- Proven capability to produce heavy-duty, high-denier fabrics.
- Solar power infrastructure reduces reliance on the state grid.
Risks
- Phase IV capital expenditure is subject to execution and cost risks.
- Restrictive debt covenants currently limit our operational flexibility.
- Top 5 customers generate over 30% of total operating revenue.
- Heavy reliance on lower-margin trading activities impacts profits.
- Negative operating cash flows constrain future working capital.