Sah Polymers Limited IPO

Mainboard

Packaging

Listed On: Jan 12, 2023 at ₹ 85.0(NSE)

₹ 14950 /230 Shares

Check Allotment

Price Summary

Last Closing

85.25 (31.15%)

52 Week High

134.30

52 Week Low

71.55

Last Update

19-Sep-2024 3:30 PM

Sah Polymers Limited IPO Details

30 Dec, 2022

Open Date

04 Jan, 2023

Close Date

09 Jan, 2023

Allotment Date

12 Jan, 2023

Listing Date

Issue Price

₹61-65 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

85.0(NSE)

Listing Date

2023-01-12

Market Lot

Retail : 230 Shares (₹14,950/-)
sHNI : 3,220 Shares (₹2,09,300/-)
bHNI : 15,410 Shares (₹10,01,650/-)

Lead Manager

Pantomath Capital Advisors Pvt Ltd

Issue Size

10,200,000 shares of ₹10(aggregating up to ₹66.30 Cr)

Retail Portion

10% (Number of Retail Applications : 4,430 Approx),
(Number of sHNI Applications : 158 Approx),
(Number of bHNI Applications : 317 Approx)

Subscription

17.46 times

IPO Docs

DRHP RHP

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

Sah Polymers Limited Valuations

Earnings Per Share (EPS)

₹2.81/-

P/E Ratio

N/A

RoNW

16.42%

Net Asset Value (NAV) - As on 31.03.22

₹17.09

Sah Polymers Limited Company Financials All values are in ₹ Cr.

	30-Jun-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	75.35	68.67	40.58	35.93
Revenue	27.59	81.23	55.34	49.91
Profit After Tax	1.25	4.38	1.27	0.3

About The 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 - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 60.46%

Company Promoter(s)

Sat Industries Limited

Sah Polymers Limited IPO - Issue Objectives

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

Sah Polymers Limited IPO - Anchor Investors

Sah Polymers mobilises Rs 30 crore via anchor book ahead of IPO.
Three investors - Leading Light Fund VCC, Saint Capital Fund, and Maven India Fund - have made an investment in the company via anchor book.
Leading Light Fund VCC bought shares worth Rs 10.33 crore, while Saint Capital Fund and Maven India Fund picked stakes worth Rs 9.74 crore each.

Sah Polymers Limited IPO - FAQs

Ans. Sah Polymers Limited IPO is a Mainboard IPO. The issue is priced at ₹61-65 per equity share. The minimum order quantity is 230 Shares. The IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Sah Polymers Limited IPO opens on Dec 30, 2022 and closes on Jan 4, 2023.

Ans. The size of Sah Polymers Limited IPO is 10,200,000 shares of ₹10(aggregating up to ₹66.30 Cr).

Ans. The IPO price band is set between ₹61-65 per equity share.

Ans. To apply for Sah Polymers Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sah Polymers 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 Sah Polymers Limited IPO is Jan 9, 2023.

Ans. The Sah Polymers Limited IPO will be listed on Jan 12, 2023.

Ans. Follow the steps to check the allotment status for Sah Polymers Limited IPO here.