Injecto Polymers Opens Manufacturing Facility in West Bengal
1 report, 1 independent
Updated Sep 21
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What happened
Injecto Polymers opened a manufacturing facility in West Bengal on September 21, 2026. The company's Initial Public Offering (IPO) was subscribed 1.28 times, with the stock trading at a 5.75% discount to the issue price of Rs 100 on the BSE SME after listing at Rs 99. The IPO raised funds that the company plans to use for repaying borrowings and funding Phase IV at its existing facility in Jamalpur, West Bengal.
Why it matters
The company, which manufactures PP woven fabrics and bags, is utilizing capital raised through its IPO to fund expansion and operational growth. The proceeds are specifically earmarked for setting up Phase IV at its existing manufacturing facility in Jamalpur, West Bengal, and for general corporate purposes.
Who's involved
- West BengalLocation where Injecto Polymers established its manufacturing facility.