Sati Poly Plast Ltd. IPO

Our Company is an ISO Certified Company engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries. We provide end-to-end solution for various flexible packaging needs. Till year 2015, our company was engaged ... in the business of trading of flexible packaging material. From 2017, our Company commenced the manufacturing of flexible packaging material. Our Company has set up two manufacturing units, of which “Plant 1” is situated at C44, Phase II, Gautam Budh Nagar – Noida-201305 with an installed capacity of 500 tones per month and “Plant 2” is situated at Plot No. 85 Udhyog Kendra, Noida -201306 with an installed capacity of 450 tones per month. Our Company has been consistently expanding its business operations by increasing its installed capacity from 250 tonnes per month to 400 tonnes per month in 2018 and to 500 tonnes per month in 2019. Our range of packaging solutions span a variety of products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods. We utilise the advanced equipment available and continually invest to maintain the quality of product, process efficiency and the superior service that we are renowned for. Our products are crafted out of an extensive range of industry approved materials such as polyethylene terephthalate, biaxially-oriented polypropylene, polythene, cast polypropylene, foil, paper, bio-degradable films, etc. Since, flexible packaging material predominantly consists of plastic as a major raw material, we aim to manufacture our products sustainably by aiming towards “Reuse, Recycle and Upcycle”. We stringently maintain the processes and accreditation required to ensure the quality needs of the customers we supply in the food and beverages. We have also installed Automated Machine with Auto Gauge Control with minimum gauge variation specially for Edible Oil Industries. Currently we are working with Pidilite, Adani Wilmar, JVL and have also started vacuum bags for cashews. Read more

Our Company was originally incorporated as “Sati Poly Plast Private Limited” as a private limited company under the provision of the Companies Act, 1956 vide certificate of incorporation dated July 14, 1999, issued by Registrar of Companies, Bihar. Further, our company was converted ... from a private limited company to public limited company, pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on November 01, 2023, and consequently, the name of our Company changed to “Sati Poly Plast Limited” and the fresh certificate of incorporation dated December 26, 2023 was issued to our company by the Registrar of Companies, Patna. The Corporate Identification Number of our Company is U00301BR1999PLC008904.

PACKAGING INDUSTRY

Manufacturing is emerging as an integral pillar in the country’s economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of ... India’s GDP pre-pandemic and is projected to be one of the fastest growing sectors. The machine tool industry was literally the nuts and bolts of the manufacturing industry in India. Today, technology has stimulated innovation with digital transformation a key aspect in gaining an edge in this highly competitive market. Technology has today encouraged creativity, with digital transformation being a critical element in gaining an advantage in this increasingly competitive industry. The Indian manufacturing sector is steadily moving toward more automated and process-driven manufacturing, which is projected to improve efficiency and enhance productivity. India now has the physical and digital infrastructure to raise the share of the manufacturing sector in the economy and make a realistic bid to be an important player in global supply chains. Read more