Injecto Polymers Limited
Total Issue: ₹56 Cr
Category-Wise Subscription Breakdown
Latest snapshot as of Day 1 · Overall 0.28x
IPO Timeline & Schedule
About Injecto Polymers Limited
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 Business 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 & Challenges
- 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.
Transparency & Informational Notice
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