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SME Stock- Technopack Polymers Ltd
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Technopack Polymers Ltd
Incorporated in 2018, Technopack Polymers Limited manufactures high-quality PET preform on 48-cavity Milacron Machine and ACME Mould with the "TECHNOPET" brand name. The Company also manufactures high-quality CCM CAP.
KEY POINTS
Business Area Technopack is one of the leading Manufacturers and Suppliers of Paper and Plastic products for FMCG Packaging and has 1000+ Clients across 7 states and processes over 10000 tons of plastics and paper annually.
Product Portfolio Technopack Polymers Limited's product portfolio includes PET Polyethylene Terephthalate (PET Preforms are used by customer companies for the packaged drinking water industry, Carbonated Soft Drinks, etc.), and Cap-Closure is made by HDPE plastic granules.
A) PET Preform - The Company manufactures 3 types of PET preform for the packaged drinking water industry.
a) Alaska 28 mm 3 start 8.20 gram-250ml
b) Alaska 28 mm 3 start 12.70 gram-500ml
c) Alaska 28 mm 3 start 17.80 gram-1000ml.
It is used in synthetic fibers; beverages, food, and other liquid containers; thermoforming applications; and engineering resins often in combination with glass fiber.
B) Cap-Closure[3] is made of HDPE plastic granules. It manufactures CAP-Closure by continuous compression molding system.
• Alaska 27 mm 3 start – 1.35-gram cap closure suitable for 28 mm Alaska pet performs in many different colors
Revenue Concentration Co. derived 69% of its revenue from its Top 10 customers during FY22 vs 61% in FY21 vs 78% in FY20.
Manufacturing Facility TPL manufactures high-quality PET preform on 48 cavity state-of-art, world-class Milacron Machine and ACME Mould with the "TECHNOPET" brand name. The Company also manufactures high-quality CCM CAP. As of July 31, 2022, it had 9 employees on its payroll.
IPO Details[6] Co. intends to raise 7.87 Crs through the IPO of which it will be utilized for:
1) Part funding to purchase and set up additional SACMI CCM24S-F plant for manufacturing of HDPE Beverages Closures. (6.38 Crs)
2) Additional Working Capital Requirement (0.74 Crs)
C) General Corporate Purpose (0.25 Crs)
Expired
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