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Sabar Flex India IPO Details

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Subscription StatusAllotment StatusListing Date

Sabar Flex India IPO subscription is to open on Sep 08, 2022 and will close on Sep 13, 2022, the price band of the Sabar Flex India IPO is fixed at ₹ 11. Sabar Flex is in the business of packaging products made from plastics which caters to the packaging requirements of various industries

Sabar Flex India IPO

About Sabar Flex India

The company is in the business of packaging products made from plastics which caters to the packaging requirements of various industries. Most of the company’s existing products are industrial in nature. Overall, the company supplies total 3 different products, that is, Multilayer films, Printed laminates, and flexible packaging products (pouches and bags). Printed laminates and flexible packaging products are part of Multilayer film only which are later on cut as per requirement of customer. Since, flexible packaging material predominantly consists of plastic as a major raw material, we aim to manufacture our products sustainably by aiming towards “Reuse, Recycle and Upcycle”.

Objects of the Issue

  • Funding the working capital requirements of the company
  • General Corporate Purposes

Sabar Flex India Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 5,187.24 5,162.08 4,090.92
Total income 7,237.01 7,397.88 6,364.32
Total Expenses 7,070.38 7,208.83 6,242.80
Profit After Tax 174.28 139.84 89.80

Sabar Flex India IPO Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 40,70,000 Equity Shares of ₹ 10 (aggregating up to ₹ 447.70 lakhs)
Issue Open  Date08-Sep-22
Issue Close Date13-Sep-22
Issue TypeFixed Price
IPO Price Band₹ 11
Face Value ₹ 10
Market Lot 10000 Equity Shares and in multiples thereof
Minimum Order Quantity 10000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolSABAR
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Sabar Flex IPO GMP

Sabar Flex IPO GMP is ₹ – as of 7th Sep 2022

Sabar Flex India IPO DRHP & RHP

Sabar Flex India IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum110000₹ 1,10,000
Maximum110000₹ 1,10,000

Sabar Flex India IPO Lead Managers

  • GYR Capital Advisors Private Limited

Sabar Flex India IPO Registrar

  • Bigshare Services Private Limited

Sabar Flex India IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on08-Sep-22
Bid / Offer Closes on13-Sep-22
Finalisation of Basis of Allotment16-Sep-22
Initiation of refunds 19-Sep-22
Credit of the Equity Shares20-Sep-22
Listing Date21-Sep-22

Company Registered Office

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B/1/104, Palledium, Nr.
Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar
Ahmedabad- 380015,
Gujarat, India
Website: www.sabarflex.com

Company Promoters

  • Mr. HikmatBahadur KrishnaBahadur Kunwar

Sabar Flex India IPO – FAQS

What is the Sabar Flex India IPO Price?

The Sabar Flex India IPO price band is 11 per share

When Sabar Flex India IPO will open?

The Sabar Flex India IPO opens on Sep 08, 2022 and closes on Sep 13, 2022

What is the lot size of Sabar Flex India IPO?

The Sabar Flex India IPO lot size is 10000 Equity Shares and the minimum order quantity is 10000 Equity Shares

Who is the Registrar for Sabar Flex India IPO?

The Registrar for Sabar Flex India IPO is Bigshare Services Private Limited

How to apply in Sabar Flex India IPO through UPI?

Check the step by step process here – Click here

How to apply in Sabar Flex India IPO through Zerodha?

Check the step by step process here – Click here

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