INJECTO dark blue serif text logo enclosed within a circular frame made of blue and dark gray swooshes, with the tagline "We Weave Excellence" below

Injecto Polymers IPO

  • Status: Live
  • RHP:
  • BSE SME
  • ₹ 196 / 2,400 shares

    Minimum Investment

Injecto Polymers IPO Details

  • Open Date

    11 Sep 2026

  • Close Date

    16 Sep 2026

  • IPO Price Range

    ₹ 98 to ₹100

  • IPO Size

    ₹ 56.12 Cr

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Injecto Polymers IPO Subscription Status

Last Updated: 11 September 2026 11:03 AM by 5paisa

Injecto Polymers Private Limited manufactures plastic packaging products and trades plastic granules and PVC resins. Its portfolio includes PP woven fabrics and bags, BoPP bags, FIBC bags, pouches and non-woven products, serving diverse industries. Operating two manufacturing facilities in West Bengal, the Company follows a B2B model offering customised packaging solutions. Its ISO-certified facilities, in-house testing capabilities and BIS certification support product quality, food safety and operational standards. 

Established in: 1998 

Managing Director: Ramesh Kumar Rateria 

Peers:

Emmbi Industries Limited 

RDB Rasayans Limited 

Injecto Polymers Objectives

1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Company     

2. Funding the Capital expenditure towards setting up phase IV at existing manufacturing facility, Unit-I, situated at NH2 Bypass Road, Jaugram, Abujhati, Jamalpur, West Bengal     

3. General Corporate Purposes 

Injecto Polymers IPO Size

Types Size
Total IPO Size ₹56.12 Cr 
Offer For Sale -
Fresh Issue ₹56.12 Cr 

Injecto Polymers IPO Lot Size  

Application Lots Shares Amount (₹)
Retail (Min)   2 2,400  2,35,200 
Retail (Max)   2 2,400  2,40,000  
S-HNI (Min)  3 3,600  3,52,800 
S-HNI (Max)  8 9,600  9,60,000 
B-HNI (Min)  9 10,800  10,58,400 

Injecto Polymers IPO Reservation

Investors Category Subscription (times) Shares Offered* Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 0.00 6,38,400 0 0
Non-Institutional Buyers 0.03 18,66,000 50,400 0.504
  bNII 0.04 12,44,400 50,400 0.504
 sNII 0.00 6,21,600 0 0
Retail 0.04 18,67,200 72,000 0.720
Total** 0.03 43,71,600 1,22,400 1.224

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (In ₹ Crores) FY24 FY25 FY26
Revenue 109.05  261.48  375.53 
EBITDA 12.35  22.57  38.04 
PAT 4.44  8.11  16.01 
Particulars (In ₹ Crores) FY24 FY25 FY26
Total Assets 121.25  170.57  270.93 
Share Capital 13.38  15.18  15.18 
Total Liabilities 121.25  170.57  270.93 
Particulars (In ₹Crores.) FY24 FY25 FY26
Net Cash Generated From / (used in) Operating Activities -12.95  -16.90  -48.80 
Net Cash Generated From / (used in) Investing Activities -2.92  -9.44  -3.07 
Net Cash Generated From / (used in) Financing Activities 15.84  26.31  51.79 
Net Increase (Decrease) in Cash and Cash Equivalents -0.03  -0.02  -0.08 


Strengths

1. Diversified packaging portfolio serves multiple end-use industries.  

2. Customised solutions address varied institutional customer requirements.  

3. Certified facilities support consistent quality and safety.  

4. Experienced promoters bring extensive packaging industry expertise. 

Weaknesses

1. Revenues remain significantly concentrated within West Bengal.  

2. Trading operations contribute substantial lower-margin business volumes.  

3. Customer concentration creates dependence on major buyers.  

4. High capacity utilisation limits near-term production flexibility.

Opportunities

1. Planned capacity expansion can support future growth.  

2. Geographic expansion could diversify existing revenue concentration.  

3. Food-grade packaging demand offers additional growth avenues.  

4. Multiple end-user industries provide cross-selling growth opportunities.  

Threats

1. Polymer price volatility may pressure operating margins.  

2. Intense packaging competition can constrain pricing flexibility.  

3. Regional disruptions could affect concentrated business operations.  

4. Customer losses may materially impact overall revenues. 

1. Polymer price volatility may pressure operating margins.  

2. Intense packaging competition can constrain pricing flexibility.  

3. Regional disruptions could affect concentrated business operations.  

4. Customer losses may materially impact overall revenues. 

India’s packaging industry offers growth opportunities, supported by rising demand across agriculture, food, pharmaceuticals, chemicals, construction and consumer goods. The Indian packaging market is projected to grow at a CAGR of 6.6% through FY33. Injecto Polymers could benefit from its diversified product portfolio, established B2B customer base and planned capacity expansion. Its Phase III and proposed Phase IV expansions may strengthen manufacturing capabilities and support wider geographical penetration. 

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FAQs

Injecto Polymers IPO opens from September 11 2026 to September 16, 2026. 

The size of Injecto Polymers IPO is approximately ₹56.12 crore. 

The price band of Injecto Polymers IPO is fixed at ₹98 to ₹100 per share. 

To apply for Injecto Polymers IPO, follow the steps given below: 

●    Login to your 5paisa demat account and select the issue in the current IPO section     

●    Enter the number of lots and the price at which you wish to apply for the Injecto Polymers IPO.     

●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange. 

You will receive a mandate notification to block funds in your UPI app. 

The minimum lot size is 2,400 shares, requiring an investment of approximately ₹‬2,35,200. 

The share allotment date of Injecto Polymers IPO is September 17, 2026. 

The Injecto Polymers IPO will likely be listed on September 21, 2026. 

Indcap Advisors Pvt.Ltd is the book-running lead manager. 

1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by Company     

2. Funding the Capital expenditure towards setting up phase IV at existing manufacturing facility, Unit-I, situated at NH2 Bypass Road, Jaugram, Abujhati, Jamalpur, West Bengal     

3. General Corporate Purposes