Sah Polymers IPO Date, Price, Review
Sah Polymers IPO: Know everything about Sah Polymers IPO. Sah Polymers Limited IPO Date, Sah Polymers IPO Review and analysis. We will discus about Sah Polymers IPO Benefits & Risks. Also, all information related to Sah Polymers IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Sah Polymers IPO
Sah Polymers Limited is a leading/High-Density Polyethene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP Woven Fabrics, and Woven Polymer Manufacturer in India. Sah Polymers Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs - crore through IPO (Initial public offering).
Sah Polymers IPO will open on 30 December 2022 and close on 04 January 2023. The price band of the Sah Polymers IPO is ₹61 to ₹65. Sah Polymers IPO size is 66.30 Crores. The offer includes 66.30 Crores under fresh issue and [0] Crores under offer for sale. Sah Polymers IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Sah Polymers IPO listing date is 12 January 2023. You can know about Sah Polymers IPO GMP (Grey Market Premium) below.
The Sah Polymers has given good financial performance. The company made a profit of ₹4.38 crores in the financial year 2022 (March 2022). The IPO of Sah Polymers will be listed on NSE and BSE. Sah Polymers IPO face value is ₹10 per equity share.
We will talk about Sah Polymers' financials, benefits, and risks of investing in the company.
About Sah Polymers International Ltd
Sah Polymers Limited was established in the year 1992. Sah Polymers Limited is a leading PP Woven Bags manufacturer based in Udaipur (Rajasthan), India. The company has been redefining packaging for the last 25 years with our state-of-the-art infrastructure, which helps us to meet the needs of the modern world. The company manufactures and exports PP woven bags and HDPE box bags, Flexible Intermediate Bulk Containers (FIBC), and BOPP Laminated Bags.
Sah Polymers Limited are well known among the top exporters of PP woven bags, cloth, and box bags. The company has a strong presence in the Indian market and also exports products to Europe, Africa, the Middle East, Australia, South-East Asia, the Caribbean Islands, Latin and Central America, and the United States of America. The company has achieved a position as one of the leading exporters of PP woven box bags across the globe.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
Sah Polymers IPO Date and Price Band Details
| IPO Open: | 30 December 2022 |
| IPO Close: | 04 January 2023 |
| Listing Date: | 12 January 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹66.30 crores |
| Fresh Issue: | Approx ₹66.30 crores |
| Offer For Sale: | Approx ₹- crores |
| Price Band: | ₹61 to ₹65 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 75% |
| Retail Portion: | 10% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Sah Polymers IPO Lot Size Details
| Minimum Lot: | 01 |
| Minimum Lot Size: | 230 Shares |
| Minimum Amount: | ₹14,950 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 2990 Shares |
| Maximum Amount: | ₹194,350 |
Sah Polymers IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 30 December 2022 |
| IPO Closing Date: | 04 January 2023 |
| Basis of Allotment: | 09 January 2023 |
| Refund Date: | 10 January 2023 |
| Credit to Demat Account: | 11 January 2023 |
| Listing Date: | 12 January 2023 |
Sah Polymers IPO Review
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You can also check the latest IPO subscription status and IPO allotment status of Sah Polymers IPO on our website.
Sah Polymers Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company has a wide range of products with a focus on quality.
- The company has experienced management and a passionate workforce.
- The company has a presence not only in the country but also in Europe, Africa, the Middle East, Australia, South-East Asia, the Caribbean Islands, Latin and Central America, and the USA.
Risks
- The size of the company is very small and the profit of the company was less than 1 crore in the last few years.
- Inadequate or interrupted supplies of essential raw materials and packaging materials to a company can have a negative impact on its business.
- They rely on a specific number of customers for a portion of their revenue.
- The company has been in this business for several decades but has miserably failed to expand.
Sah Polymers Ltd Financials
Sah Polymers Financials(in Crores)
| Year | Total Assets | Revenue | PAT |
|---|---|---|---|
| 2019 | ₹36.78 | ₹45.61 | ₹0.37 |
| 2020 | ₹36.39 | ₹49.51 | ₹0.30 |
| 2021 | ₹40.58 | ₹55.34 | ₹1.27 |
| 2022 | ₹53.23 | ₹54.36 | ₹3.25 |
Promoters
- Sat Industries Limited
Contact Details of Sah Polymers
E-260-261 Mewar
Industrial Area Madri
Udaipur Rajasthan 313 003
Telephone: +91 294 2493889
E-mail: cs@sahpolymers.com
Website:www.sahpolymers.com
Sah Polymers Lead Managers
- Pantomath Capital Advisors Private Limited
Sah Polymers IPO Registrars
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
Email: Sahpolymers.ipo@linkintime.co.in
Website:www.linkintime.co.in
Conclusion
There are some good and some bad things in the company. Looking at the financial position of the company, the track record has been average. In the financial year 2021, the company had a profit of Rs 1.27 crore. Our suggestion will be updated when the Sah Polymers Limited IPO starts. Sah Polymers Limited IPO financial details and other information are given above.
Sah Polymers IPO FAQs
How to Apply the Sah Polymers Ltd IPO with Zerodha?
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