Global defence spending hit USD 2.4 trillion in 2023 and may reach USD 3 trillion by 2028. India spent on defence USD 94 billion in 2024, likely rising to USD 145 billion by 2029. SMPP has been manufacturing in this sector and is soon going public.
Axis Capital Limited and ICICI Securities have been selected as the SMPP Limited IPO manager, while Link Intime India is responsible for its registration. Check the allotment status.
For a more detailed take, don’t forget to check out the SMPP IPO DRHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Let's break down the important information of the SMPP defence IPO.
SMPP filed its IPO papers with SEBI on October 21, 2024, and got the official approval on January 29, 2025. With the green signal now in place, investors are eagerly waiting for the company to announce its IPO opening date.
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Here are the risks and strengths SMPP has:
Strengths
Over 30 years in defence – strong track record.
Wide range of products from personal gear to big platform protection and ammo parts.
No debt, healthy cash reserves.
Always investing in R&D to stay ahead with new tech.
Risks
Relies a lot on government orders – policies or budget cuts can hit revenues.
The defence industry has strict quality rules, so delays or rejections are possible.
Global politics and relations can impact exports.
Setting up and scaling new plants can bring challenges.
The SMPP IPO GMP hasn’t been disclosed yet. You can go through the complete company profile and follow the latest GMP updates for better insights into SMPP Limited’s unlisted share price. It’s also important to track the IPO subscription status regularly before applying. Apply Now.
1. How is the SMPP IPO review?
SMPP is seen as a manufacturing company of defence equipment that wants to expand its capital as a key objective. For the latest sentiment, you can look for the GMP updates in the SMPP IPO news.
2. What is the SMPP IPO date?
The IPO opening date is still unknown. But you should monitor its live subscription details in real time.
3. What is the SMPP Pvt Ltd share price?
The share price is not available as of 5 September. The final issue price will fall within this range. Also, don't forget to check the SMPP IPO allotment details.
4. Should I use a demat account to bid for the SMPP IPO?
Yes, a demat account is required to bid for the SMPP IPO. Click here to get the ultimate list of the top demat account providers.
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