Deep Polymers Ltd

Deep Polymers Ltd

About the Company:

Deep Polymers Ltd is engaged in manufacturing colour and additive masterbatches for engineering plastics and compounds that includes wide range of quality products like antifab fillers, transparent fillers, colour fillers, which is used as cost effective replacements for polymers and acts as anti-fibrillating, anti-blocks, anti-slip agents.

Company is a prominent manufacturer and supplier of a whole range of Masterbatches such as Antifab Fillers, Transparent Fillers, Color Fillers, White Masterbatches, Special Effect Masterbatches, Additive Masterbatches and many more.

Company has started their manufacturing facility at Kalol and manufacture plastic master batches with 600 MT productions per annum in year 1992 and now has achieved colour master batches and filler master batches of 12,000 MT and 25,000 MT respectively.

Company has well equipped machines, with in-house printing and Quality Control facility and own logistics- dedicated fleet of trucks.

Company provides the best in class quality packaging solutions to their esteemed customers spread over all the sectors, be it Agriculture, Appliance, Automotive and transportation, Electrical, Electronics.


Company’s Capacity Utilization: 

capacity utilization


Management Team:

  1. Mr. Rameshbhai Bhimjibhai Patel (Chairman and Managing Director)
  2. Mrs. Ashaben Rameshbhai Patel (Designation: Executive Director)
  3. Ms. Jignesha Rameshbhai Patel (Designation: Non-Executive and Non Independent Director)


Objectives of the Issue:

  1. To Meet working capital requirement.
  2. To Meet the Issue Expenses.
  3. To Meet General corporate purpose.


Financials of the Company:

(in Crores) FY 14 FY 15 FY 16 FY 17 FY 18
Revenue 34.73 41.13 36.00 42.74 41.10
Net Profit (-0.36) 0.67 (-0.35) 1.28 2.14


IPO Details:

Details Info
Issue Opens on 8th August 2018
Issue Closes on:. 13th August 2018
Issue Price Rs.40
Face Value Rs.10
Minimum Lot 3000 shares
Minimum Investment Rs.1,20,000
Issue Constitutes 32.09%
Issue Size Rs.15.24 cr
Market Cap Rs.47.48 cr
Listing at BSE SME
Equity Shares Offered 38,10,000
Equity Shares Prior to the Issue 1,05,11,600
Equity Shares after the Issue 1,18,71,600


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Net Asset Value (NAV)
2.26 17.69 19.57



Check IPO Allotment Status:

Bigshare Website (Click on the below Link)


Company Contact Info:
Deep Polymers Limited
Block No 727B/H Bhavi Industries
Rakanpur (Santej), Kalol,
Gandhinagar–380060, Gujarat, India.
Tel: +91-2764-286032


IPO Registrar Info:
Bharat Tin Workings Building, 1st Floor,
Opp. Vasant Oasis, Marol Maroshi Road,
Marol, Andheri- East, Mumbai – 400059 Maharashtra
Tel: +91 22 62638200
Fax: +91 22 62638299


Lead Manager to the Issue:
102, 1st Floor, Atrium-2, Behind Coutyard Marriott Hotel,
Andheri Kurla Road, Hanuman Nagar, Andheri- East,
Mumbai-400093, Maharashtra, India
Tel. No.: +91-22 -4002 5273/9836822199
Fax No.: +91-22-4002 5273