Technopak Polymers IPO

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Technopack Polymers IPO opens on Nov 2, 2022, and closes on Nov 7, 2022.

Founded in 2018. The company manufactures high quality PET preform on 48 cavity state-of-art, world class Milacron Machine and ACME Mould with “TECHNOPET” brand name. The Company also manufactures high quality CCM CAP.

Founded in 2018. The company manufactures high quality PET preform on 48 cavity state-of-art, world class Milacron Machine and ACME Mould with “TECHNOPET” brand name. The Company also manufactures high quality CCM CAP.

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– Part funding to purchase and set up additional SACMI CCM24S-F plant for manufacturing of HDPE Beverages Closures (Compression moulding machine fully equipped with all ancillaries). – Additional Working Capital Requirement – General corporate purposes.

Objects of issue

Objects of issue

IPO Price: Rs 55 per share Face Value: Rs 10 per share Market Lot: 2000 shares Issue Size: 14,30,000 shares of Rs 10 (aggregating up to Rs 7.87 Crore)

IPO Important Detail

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IPO opens on : Nov 2, 2022 IPO closes on: Nov 7, 2022 Basis of Allotment publication date: Nov 11, 2022 Credit of shares to Demat Account: Nov 15, 2022 Initiation of Refund: Nov 14, 2022 IPO listing: Nov 16, 2022

Important Dates

Technopack Polymers IPO Lot Size

Retail investors are required to apply minimum 1 lot of 2,000 shares of Rs 1,10,000

Technopack Polymers IPO: SWOT Analysis

SRENGHTH

1. Strong presence in Indian as well as Global Market: 2. Product Acceptability: SACMI closures are approved and are in demand by all beverages leaders viz. Coca-Cola, PEPSI, Bisleri, AMUL etc.

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OPPORTUNITY

The company is to import new machinery from overseas which will enhance the capacity of manufacturing of the company to Four-Fold.

WEAKNESS

1. Extensive dependency on third party suppliers. 2. Company business is subject to season volatility due to packaged mineral water and soft drinks sales in summer and winter seasons.

THREADS

1. Concerns over Plastic Ban and Environment for packaged water bottles 2. Changes in technologies 3. Environmental and safety regulations impose additional costs and may affect Company’s results of operations.

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