GMP IPO Watch
Injecto Polymers IPO 2026: GMP Today, Price, Dates, Lot Size, Review & Details
Injecto Polymers IPO is a ₹56.12 crore BSE SME IPO opening from September 11 to September ...
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I
SME IPO
LISTED
BSE SME
INJECTO
Injecto Polymers IPO
Injecto Polymers IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹0
+0.0%
Est. Listing: ₹100.00
Price Band
₹98 - ₹100
Per equity share
Lot Size
1200 Shares
Min Invest: ₹2,40,000
Issue Size
₹56.12 Cr
Fresh: ₹56.12 Cr
Issue Dates
10 September 2026 – 15 September 2026
Bidding period
Subscription
1.21x
Total overall demand
Injecto Polymers IPO Details
Key facts at a glance| IPO Open Date | 10 September 2026 | IPO Close Date | 15 September 2026 |
|---|---|---|---|
| Basis of Allotment | 16 September 2026 | Listing Date | 20 September 2026 |
| Price Band | ₹98 - ₹100 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,40,000 |
| Total Issue Size | ₹56.12 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹56.12 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Injecto Polymers IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 10 September 2026 | Confirmed |
| IPO Close Date | 15 September 2026 | Confirmed |
| Basis of Allotment | 16 September 2026 | Tentative |
| Initiation of Refunds | 18 September 2026 | Tentative |
| Credit of Shares to Demat | 18 September 2026 | Tentative |
| IPO Listing Date | 20 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 16 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Injecto Polymers IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,40,000 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,40,000 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,60,000 |
| S-HNI (Max) | 8 Lots | 9,600 Shares | ₹9,60,000 |
| B-HNI (Min) | 9 Lots | 10,800 Shares | ₹10,80,000 |
Injecto Polymers IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹0 +0.0%
Estimated Listing Price
₹100.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 11 Sept 2026 | ₹0 | ₹100.00 | 0.00% |
| 10 Sept 2026 | ₹0 | ₹100.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Injecto Polymers IPO Subscription Status
Demand breakdown by investor category
Retail
1.28x
QIB
1.57x
NII / HNI
1.05x
Total
1.21x
Injecto Polymers Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 121.25 Cr. | 109.80 Cr. | 104.86 Cr. | 4.44 Cr. |
| 2025 | 170.57 Cr. | 261.85 Cr. | 250.66 Cr. | 8.11 Cr. |
| 2026 | 270.93 Cr. | 375.83 Cr. | 352.84 Cr. | 16.01 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Injecto Polymers IPO Valuation & KPIs
Key metrics pre-issue
EPS
10.55 (Basic)
P/E Ratio
N/A
RoNW
25.28%
NAV per share
₹41.73
RoCE
15.64%
RoE
28.94%
Debt to Equity
–
PAT Margin
4.26%
EBITDA Margin
10.13%
Injecto Polymers Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Emmbi Industries Limited | 19.43 | 4.22 | 4.06% | – | 453.99 Cr. |
| RDB Rasayans Limited | 9.04 | 19.17 | 13.74% | – | 143.19 Cr. |
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.
Key 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.
Key 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.
Injecto Polymers IPO Reservation & Share Quotas
The Injecto Polymers IPO reservation is divided across anchor investors, qualified institutional buyers, non-institutional investors and retail investors. The NII category has been allocated 33.25% of the offered shares, while retail investors have a 33.27% reservation.
Anchor investors are offered 9,57,600 shares, representing 17.06% of the issue. The QIB category excluding the anchor portion accounts for 11.37%, with 6,38,400 shares offered to this category.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | 9,57,600 Shares | 17.06% |
| QIB (Ex. Anchor) | 6,38,400 Shares | 11.37% |
| NII Shares Offered | 18,66,000 Shares | 33.25% |
| Retail Shares Offered | 18,67,200 Shares | 33.27% |
Note: Reservation figures are based on the Injecto Polymers IPO information provided.
Injecto Polymers IPO Anchor Investors
Injecto Polymers IPO anchor bidding is scheduled for September 10, 2026, one day before the public issue opens. Anchor investors receive an allocation ahead of the public subscription period, providing an indication of institutional participation in the IPO.
A total of 9,57,600 shares are offered to anchor investors as per the provided details. The anchor allocation is followed by the applicable lock-in periods, with separate restrictions for 50% of the allocated shares for 30 days and the remaining 50% for 90 days.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 10, 2026 |
| Shares Offered | 9,57,600 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – 50% Shares (90 Days) | 2026 |
Note: Anchor size and lock-in end dates are shown as provided in the Injecto Polymers IPO information.
Injecto Polymers IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 11 Sept 2026 |
| IPO Close Date | 16 Sept 2026 |
| Basis of Allotment | 17 Sept 2026 |
| Refunds | 18 Sept 2026 |
| Credit to Demat Account | 18 Sept 2026 |
| IPO Listing Date | 21 Sept 2026 |
Note: The timeline for इंजेक्टो पॉलिमर IPO is tentative and subject to change.
Injecto Polymers Promoters and Shareholding Pattern
The promoters of Injecto Polymers are Ramesh Kumar Rateria, Ashok Kumar Rateria, Suman Financial Advisory Pvt.Ltd., Suman Towers Pvt.Ltd., Vinayak Tie-Up Pvt.Ltd., Nivedeeka Commercial Pvt.Ltd. and Bhagyashri Trading Pvt.Ltd. Together, the promoter and promoter group held 88.14% of the company before the IPO.
After the IPO, the promoter and promoter group holding is expected to reduce to 64.35%, while the shareholding of others increases to 35.65%. The total number of outstanding shares rises from 15,177,200 before the IPO to 20,789,600 after the issue.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 13,377,200 | 88.14% | 13,377,200 | 64.35% |
| Others* | 1,800,000 | 11.86% | 7,412,400 | 35.65% |
| Total | 15,177,200 | 100% | 20,789,600 | 100% |
Note: The holding pattern is based on the Injecto Polymers IPO shareholding data provided.
Injecto Polymers Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| 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%) |
Note: Objectives are as specified in the DRHP/RHP documents of इंजेक्टो पॉलिमर.
Injecto Polymers About the IPO
Since its incorporation in September 1998, Injecto Polymers has been involved in the manufacturing of a wide range of plastic packaging products and the trading of plastic granules and Polyvinyl Chloride (PVC) resins. The firm manufactures a wide range of packaging products, including 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.
Its products are used in various industries such as agriculture, construction, textiles, chemicals, food, pharmaceuticals, cosmetics, and consumer goods. Injecto Polymers operates 2 manufacturing facilities in West Bengal, located at Jaugram, Jamalpur, and Andul Road, Howrah, which are equipped with modern machinery, software-based monitoring systems, and an in-house testing facility.
Injecto Polymers Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 109.80 Cr. | 104.86 Cr. | 4.44 Cr. | 121.25 Cr. |
| 2025 | 261.85 Cr. | 250.66 Cr. | 8.11 Cr. | 170.57 Cr. |
| 2026 | 375.83 Cr. | 352.84 Cr. | 16.01 Cr. | 270.93 Cr. |
Note: Financial numbers for इंजेक्टो पॉलिमर are in ₹ Crores unless stated otherwise.
Injecto Polymers Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 28.94% |
| ROCE | 15.64% |
| EBITDA Margin | 10.13% |
| PAT Margin | 4.26% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | 10.55 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 25.28% |
| Net Asset Value (NAV) | 41.73 |
Note: Valuation KPIs for इंजेक्टो पॉलिमर are computed for FY2026.
Injecto Polymers Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Emmbi Industries Limited | 4.22 | 19.43 | 4.06% | – | 453.99 Cr. |
| RDB Rasayans Limited | 19.17 | 9.04 | 13.74% | – | 143.19 Cr. |
Note: Peer group comparisons for इंजेक्टो पॉलिमर are sourced from DRHP filings.
Injecto Polymers Lead Managers & Merchant Bankers
- Indcap Advisors Pvt. Ltd.
Injecto Polymers IPO FAQs
Injecto Polymers IPO opens for subscription on 10 September 2026 and closes on 15 September 2026.
The price band for Injecto Polymers IPO is set at ₹98.00 to ₹100.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,40,000).
The latest Grey Market Premium (GMP) for Injecto Polymers IPO is ₹0. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Injecto Polymers IPO is tentatively scheduled for 16 September 2026, and shares are expected to list on the stock exchanges on 20 September 2026.
The registrar details will be confirmed in the official prospectus.
Injecto Polymers IPO Analysis & Articles