Sah Polymers IPO Details

GMPSubscription StatusAllotment StatusListing Date

Sah Polymers IPO subscription is to open on Dec 30, 2022 and will close on Jan 04, 2023, the price band of the Sah Polymers IPO is fixed at ₹ [.]. Sah Polymers is primarily engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) FIBC Bags, Woven Sacks,HDPE/PP woven fabrics, based products of different weight, sizes and colours as per customers specifications.

Sah Polymers IPO

About Sah Polymers

Sah Polymers is an ISO 9001:2015 certified company, primarily engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) FIBC Bags, Woven Sacks,HDPE/PP woven fabrics, based products of different weight, sizes and colours as per customers specifications. The offer customised bulk packaging solutions to business-to-business (“B2B”) manufacturerscatering todifferent industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food ProductsIndustry, Textile Industry Ceramic Industry and Steel Industry. Besides, the company is a Del Credere Associate cum Consignment Stockist (DCA/ CS) of Indian Oil Corporation Limited and also operates as Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division. Sah Polymers enter into arrangements as third-party manufacturers to manufacture our tape and fabric based on customers’ requirements

Objects of the Issue

  • Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC)
  • Repayment of certain secured and unsecured borrowings in full availed by the Company;
  • Funding the working capital requirements of the Company; and
  • General corporate purposes.

Sah Polymers 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 6,866.73 4,057.85 3,593.13
Total income 8,123.45 5,534.42 4,990.96
Total Expenses 7,574.20 5,372.21 4,939.50
Profit After Tax 437.54 127.23 29.68

Sah Polymers IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 102,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 66.30 Cr)
Issue Open  Date30-Dec-22
Issue Close Date04-Jan-23
Issue TypeBook Building
IPO Price Band₹ 61 – ₹ 65
Face Value ₹ 10
Market Lot 230 Equity Shares and in multiples thereof
Minimum Order Quantity 230 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolSAH
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Sah Polymers IPO DRHP & RHP

Sah Polymers IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1230 ₹ 14,950
Maximum132990 ₹ 1,94,350

Sah Polymers IPO Lead Managers

  • Pantomath Capital Advisors Private Limited

Sah Polymers IPO Registrar

Sah Polymers IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Dec-22
Bid / Offer Closes on04-Jan-23
Finalisation of Basis of Allotment09-Jan-23
Initiation of refunds 10-Jan-23
Credit of the Equity Shares11-Jan-23
Listing Date12-Jan-23

Company Corporate Office

121, B-Wing, Mittal Tower,
Nariman Point, Mumbai
Maharashtra-400021
Website:www.sahpolymers.com

Company Registered Office

E-260-261 Mewar Industrial Area
Madri Udaipur
Rajasthan 313003.

Company Promoters

  • SAT INDUSTRIES LIMITED

Sah Polymers IPO – FAQS

What is the Sah Polymers IPO Price?

The Sah Polymers IPO price band is [.] per share

When Sah Polymers IPO will open?

The Sah Polymers IPO opens on Dec 30, 2022 and closes on Jan 04, 2023

What is the lot size of Sah Polymers IPO?

The Sah Polymers IPO lot size is [.] Equity Shares and the minimum order quantity is [.] Equity Shares

Who is the Registrar for Sah Polymers IPO?

The Registrar for Sah Polymers IPO is Link Intime India Private Limited

How to apply in Sah Polymers IPO through UPI?

Check the step by step process here – Click here

How to apply in Sah Polymers IPO through Zerodha?

Check the step by step process here – Click here

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