Sah Polymers Limited
Mainboard₹14,950 / 230 Shares
Sah Polymers Limited IPO Details
The Sah Polymers Limited IPO price band is set between ₹61-65 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 30 Dec, 2022 and closes on 4 Jan, 2023. Investors can check the allotment status on 9 Jan, 2023, while the listing date is tentatively scheduled for 12 Jan, 2023.
The total issue size is 10,200,000 shares of ₹10, aggregating up to ₹66.30 Cr. Stay tuned for the latest Sah Polymers Limited IPO review and GMP updates.
Sah Polymers Limited IPO Review, Rating & Analysis
Sah Polymers Limited IPO Review
NO REVIEWSah Polymers Limited IPO Rating
Sah Polymers Limited IPO Highlights
IPO Date
Dec 30, 2022 - Jan 4, 2023
Listing Date
12 Jan, 2023
Face Value
₹10 Per Equity Share
Price Band
₹61-65 per equity share
Lot Size
230 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Sah Polymers Limited IPO Lot Size
The minimum market lot for Sah Polymers Limited IPO is 230 shares with an application amount of ₹14,950. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 230 | ₹14,950 |
| Retail (Max) | 13 | 2990 | ₹1,94,350 |
| S-HNI (Min) | 14 | 3220 | ₹2,09,300 |
| S-HNI (Max) | 66 | 15180 | ₹9,86,700 |
| B-HNI (Min) | 67 | 15410 | ₹10,01,650 |
Sah Polymers Limited IPO Timeline
Issue Price
₹61-65 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Pantomath Capital Advisors Pvt LtdIssue Size
10,200,000 shares of ₹10(aggregating up to ₹66.30 Cr)Sah Polymers Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 22 | 75.35 | 27.59 | 1.25 | - | - | - |
| 31 Mar 22 | 68.67 | 81.23 | 4.38 | - | - | - |
| 31 Mar 21 | 40.58 | 55.34 | 1.27 | - | - | - |
| 31 Mar 20 | 35.93 | 49.91 | 0.3 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Sat Industries Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 60.46% |
About Company
Incorporated in 1992, Sah Polymers Limited is primarily engaged in manufacturing and selling of Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP woven fabrics and woven polymer.
The company offer customised bulk packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry, Textile Industry Ceramic Industry and Steel Industry.
Sah Polymers Limited have two business divisions (i) domestic sales; and (ii) exports. The company has a presence in 6 states and 1 union territory for the domestic market and 6 regions internationally in 6 regions such as Africa, the Middle East, Europe, the USA, Australia and the Caribbean.
As of December 31, 2021, the company is supported by 98 committed staff based on the payroll. The company has one manufacturing facility with an installed production capacity of 3960 m.t. p.a. located at Udaipur, Rajasthan.
Sah Polymers Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,060,000 | 1,530,000 1,020,000 510,000 | 1,020,000 | 5,610,000 |
Day 1 -30-12-22 05:00 PM | 0.38 x | 1.00 1.12 x 0.74 x | 2.07 x | 0.86 x |
Day 2 -02-01-23 05:00 PM | 0.39 x | 2.94 3.14 x 2.55 x | 7.46 x | 2.37 x |
Day 3 -03-01-23 05:00 PM | 1.05 x | 6.49 6.40 x 6.68 x | 16.53 x | 5.35 x |
Day 4 -04-01-23 05:00 PM | 2.40 x | 32.69 33.94 x 30.19 x | 39.77 x | 17.46 x |
Frequently Asked Questions about Sah Polymers Limited IPO
When will Sah Polymers Limited IPO open for subscription?
The Sah Polymers Limited IPO opens on 30 Dec, 2022 and closes on 4 Jan, 2023.
What is the investors portion for Sah Polymers Limited IPO?
The investors' portion for QIB is 2.40 x, NII is 33.94 x, and Retail is 39.77 x.
How to apply for Sah Polymers Limited IPO?
You can apply for Sah Polymers Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sah Polymers Limited IPO?
The issue size of Sah Polymers Limited IPO is approx ₹10,200,000 shares of ₹10(aggregating up to ₹66.30 Cr) crores.
What is the price band of Sah Polymers Limited IPO?
The price band for Sah Polymers Limited IPO is ₹61 to ₹65 per equity share.
What is the lot size of Sah Polymers Limited IPO?
The minimum bid (lot size) for Sah Polymers Limited IPO is N/A shares with an investment of approx ₹14,950 .
What is the allotment date of Sah Polymers Limited IPO?
The allotment date for Sah Polymers Limited IPO is 9 Jan, 2023.
What is the listing date of Sah Polymers Limited IPO?
The listing date for Sah Polymers Limited IPO is expected to be 12 Jan, 2023.
What is the GMP of Sah Polymers Limited IPO?
The latest Grey Market Premium (GMP) for Sah Polymers Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.