Polysil Irrigation Systems Limited IPO
NSE SMEListed On: Feb 16, 2024 at ₹ 56.0
₹ 108000 /2000 Shares
Check AllotmentPolysil Irrigation Systems Limited IPO Details
08 Feb, 2024
Open Date13 Feb, 2024
Close Date14 Feb, 2024
Allotment Date16 Feb, 2024
Listing DateIssue Price
₹54 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
56.0Listing Date
2024-02-16Market Lot
2000 Shares (₹108,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
3,229,000 shares(aggregating up to ₹17.44 Cr)Retail Portion
N/ASubscription
6.88 timesIPO Docs
RHPPolysil Irrigation Systems Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,532,000 | 1,532,000 | 3,064,000 |
| Day 1 - 08-02-24 06:00 PM | 0.21 x | 1.52 x | 0.87 x |
| Day 2 - 09-02-24 06:00 PM | 0.40 x | 4.39 x | 2.40 x |
| Day 3 - 12-02-24 06:00 PM | 0.88 x | 7.40 x | 4.14 x |
| Day 4 - 13-02-24 06:00 PM | 2.23 x | 11.62 x | 6.88 x |
Polysil Irrigation Systems Limited Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-P/E Pre IPO
P/E Post IPO
RoNW
%Polysil Irrigation Systems Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|
About The Company
Polysil Irrigation Systems Limited was established in 1985 and manufactures and distributes HDPE pipes, fittings, and micro irrigation systems, such as drip irrigation systems and sprinkler irrigation systems as well as their components, accessories, and related products under the brand name Polysil.
The company's product range includes HDPE pipes, pipe fittings, and irrigation equipment, including disc filters, screen filters, hydrocyclone filters, sand filters (gravel), compression fittings, valves (electrical and mechanical), fertilizer tanks, digital controllers, pressure gages, etc.
Polysil Irrigation Systems operates in Gujarat, Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, Uttar Pradesh, Rajasthan and Haryana. The company sells its products through institutional markets and the open market. As of July 31, 2023, the company sold its products through 8 distributors and around 425 dealers in India.
The company's manufacturing unit is located in Vadodara, Gujarat, and covers an area of 100,000 square meters.
As of March 31, 2023, the company had 82 people, including skilled and unskilled workers, administrative staff, and the management team.
Polysil Irrigation Systems Limited - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Company Promoter(s)
Polysil Irrigation Systems Limited IPO - Issue Objectives
Polysil Irrigation Systems Limited IPO - FAQs
Ans. Polysil Irrigation Systems Limited IPO is a SME IPO. The issue is priced at ₹54 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Feb 8, 2024, and closes on Feb 13, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Polysil Irrigation Systems Limited IPO opens on Feb 8, 2024 and closes on Feb 13, 2024.
Ans. The size of Polysil Irrigation Systems Limited IPO is 3,229,000 shares(aggregating up to ₹17.44 Cr).
Ans. The IPO price band is set between ₹54 per equity share.
Ans. To apply for Polysil Irrigation Systems Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Polysil Irrigation Systems Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Polysil Irrigation Systems Limited IPO is Feb 14, 2024.
Ans. The Polysil Irrigation Systems Limited IPO will be listed on Feb 16, 2024.
Ans. Follow the steps to check the allotment status for Polysil Irrigation Systems Limited IPO here.
