IPO Analysis > Should You Venture Into the Packaging Space With The SSF Plastics India IPO?
Apply IPO

SSF Plastics IPO Date, Price, GMP ... Should You Venture Into the Packaging Space With The SSF Plastics India IPO?

Backed by a growing consumer space and an evolving industrial landscape, the Indian plastic industry is transforming significantly. According to reports, with a CAGR of 6.7%, this industry is expected to reach INR 9,195 billion in FY 2029. Amidst these trends, SSF Plastics India Pvt Ltd is gearing up for the SSF Plastics India IPO.


While Nuvama Wealth Management Limited and IFL Capital Services Limited are managing the SSF Plastics India Limited IPO, MUFG Intime India Private Limited is registering it. Don’t forget to view the SSF Plastics India Limited allotment status.


To get more information about the SSF Plastics India Pvt Ltd turnover, IPO size, date, GMP and more, check out the SSF Plastics India DRHP and RHP.


Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

SSF Plastics India Pvt Ltd: Company Profile


Particulars

Descriptions

Promoters

Ramesh Madhavdas Chugh, Kapil Dhawan, etc.

Business

One-stop end-to-end packaging solution provider

Offerings

Containers, bottles, engineering plastic components, tubs, caps or closures, etc.

Customer Industries

Personal care, food and beverages, engine oil and lubricants, consumer electronics, home care and pharmaceuticals

Material Processed

An array of polymers, including polypropylene, low-density polyethylene, high-density polyethylene, polyethylene terephthalate and post-consumer recycled  polymers

USP

Fourth largest producer of rigid plastic packaging items based on revenue among organised players

Key Clientele

HUL, Wipro, Emami, Colgate, etc.

Manufacturing Facilities

15

Capacity

50,000 tons of polymers per annum (September 2024)

Export Destinations

Sri Lanka, Indonesia, UAE, Bangladesh, Germany, etc.

Competitors

Mold-Tek Packaging Limited, Shaily Engineering Plastic Limited and Time Technoplast Limited


Reviewing the Highlights of the SSF Plastics India IPO

Discussed in this section are the key takeaways of the SSF Plastics India Limited IPO, including the SSF Plastics India issue timeline, size, GMP and more.

  • SSF Plastics IPO Date

SSF Plastics India Limited filed its DRHP with SEBI or the exchange on 25 March 2025. The approval for the same was received on 1 August 2025. The SSF Plastics India DRHP does not contain the detailed IPO timeline. Therefore, investors must stay tuned for updates.

  • SSF Plastics IPO Price and Size


Particulars

Shares

Aggregate Value (₹ Million)

Fresh Issue 

Undisclosed

3,000.00

Offer for Sale

Undisclosed

2,500.00

Overall Issue 

Undisclosed

5,500.00


  • SSF Plastics India IPO: Objectives


Particulars

Amount (₹ Million)

Debt Repayment

1,600.00

Capital Expenditure Needs on Plant and Machinery

800.00

Other Corporate Requirements

Undisclosed


  • SSF Plastics India Limited IPO: Other Takeaways


Particulars

Description

Face value (₹)

5

Price Range (₹)

Undisclosed

Lot size (shares)

Undisclosed

Listed At 

NSE and BSE


  • SSF Plastics India Pvt Ltd: Investors Categorisation


Investor

Allotment

QIBs

Maximum 50% of the issue

NII

Minimum 15% of the issue

Individual Investors

Minimum 35% of the issue


  • SSF Plastics India IPO: Anchor Investor


Particulars

Description

Opening Date

Undisclosed

Terms of Payment  

Full Payment on Bid



SSF Plastics India Limited: Key Financials


Particulars

2024

2023

2022

Revenue (₹ Million)

6,309.06

5,987.43

5,238.22

ROCE (%)

12.96

14.79

14.21

EBITDA (₹ Million)

1,057.31

898.85

825.53

EBITDA Margin (%)

16.76

15.01

15.76

PAT (₹ Million)

461.00

485.83

318.43

PAT Margin (%)

7.27

8.09

6.06

Debt-to-Equity Ratio

0.98

0.38

0.54

ROE (%)

13.85

17.06

13.03


Strengths and Risks of SSF Plastics India Pvt Ltd

Discussed below are the key strengths and risks associated with the SSF Plastics India IPO.


Strengths


  1. Diverse Customer Base: The company offers its services to key partners operating in diverse industries, both in international and domestic markets. This reduces the dependency on a few industries.

  2. Product Portfolio: The company maintains a diverse product portfolio that enables its operation as a one-stop end-to-end plastic solution provider.

  3. Innovation: The company strives for continuous innovation in its offerings, resulting in keeping up with modern standards and needs.

  4. Team: The experienced management team, along with the promoters, boasts key industry expertise that aids the business growth.


Risks


  1. Concentration on Customers: The top ten customers contribute a significant portion of revenue. In FY24, they contributed 58.94% of revenue.

  2. Product Contribution: Although the company has a diverse product portfolio, items like engineering plastics components, bottles and containers and caps or closures and tubs contribute major portions.

  3. Raw Material Cost: The profitability and operational efficiency of the business depend on the smooth supply of materials at optimal terms.

  4. Absence of Long-Term Agreements: Due to the absence of long-term agreements with key clients, the business requires regular acquisition of new orders to maintain profitability.

Does Your Portfolio Need The SSF Plastics India IPO?

As of 22 October 2025, the SSF Plastics IPO GMP is not available. Moreover, GMP changes often. Check the latest GMP here. However, for a complete breakdown of the SSF Plastics India IPO, don’t miss out on the offer documents and the detailed FinnPick IPO analysis. 

Don’t forget to check out the live subscription status before you hit the Apply now.

FAQs

1. What is the SSF Plastics IPO GMP?

As of 22 October 2025, the SSF Plastics IPO GMP is unavailable. However, it may change soon. For the latest sentiment, you can look for the GMP updates

2. What is the SSF Plastics IPO date?

The open and closing SSF Plastics IPO dates are unavailable as of 22 October 2025. However, investors can monitor live subscription details in real time.

3. What is the SSF Plastics IPO price? 

The SSF Plastics India Limited IPO DRHP states the issue size to be ₹5,500 Million. Moreover, the final issue price is unavailable as of 22 October 2025. Don't forget to check the allotment details. 

4. Do I need a demat account to bid for the SSF Plastics India IPO?

Yes, a demat account is required to bid for the SSF Plastics India IPO. Click here to get the ultimate list of the top demat account providers.

AngelOne

Invest Smarter wit Angel One

  • AI-Powered Trading Recommendations
  • Zero Account Opening Charges
  • Quick & Easy Onboarding
AngelOne

Join India’s Leading Broker

  • Zero Brokerage on Investments
  • Smooth & Secure Trading Experience
  • Advanced Charting & Insights
AngelOne

Create Your Demat Account

  • Zero Account Opening Charges
  • Hassle Free Setup
  • Market Insights

Choose Your Trusted Broker

Compare top brokers and find the one that fits your goals.