Sah Polymers Limited IPO Opens Today
Sah Polymers Limited was Incorporated in 1992 and is primarily engaged in the production and selling of Polypropylene (PP), High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP woven fabrics, and woven polymer.
Sah Polymers Limited has two business divisions
(i) domestic sales
and (ii) exports
The company is established in 6 states and 1 union territory for the domestic market and in 6 overseas regions such as Africa, the Middle East, Europe, the USA, Australia, and the Caribbean. The company offers customized bulk packaging solutions to business-to-business (” B2B”) manufacturers working for industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry, Textile Industry Ceramic Industry Steel Industry.
The Strengths are as follows:
- Product portfolio
- Customer base across various regions and industries
- Management Team
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
| 31-Mar-20 | 35.93 | 49.91 | 0.3 | 18.81 | 10.37 |
| 31-Mar-21 | 40.58 | 55.34 | 1.27 | 20.09 | 13.79 |
| 31-Mar-22 | 68.67 | 81.23 | 4.38 | 26.65 | 30.54 |
| 30-Jun-22 | 75.35 | 27.59 | 1.25 | 27.74 | 33.15 |
| Amount in ₹ Crore |
Sah Polymers IPO Details
| IPO Date | Dec 30, 2022, to Jan 4, 2023 |
| Listing Date | N/A |
| Face Value | ₹10 per share |
| Price | ₹61 to ₹65 per share |
| Lot Size | 230 Shares |
| Issue Size | 10,200,000 shares of ₹10(aggregating up to ₹66.30 Cr) |
| Fresh Issue | 10,200,000 shares of ₹10(aggregating up to ₹66.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not less than 75% of the Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Issue |
| Retail Shares Offered | Not more than 10% of the Issue |
| Company Promoters | Sat Industries Limited is the company promoter. |
Sah Polymers IPO Tentative Timetable
Sah Polymers IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. The Sah Polymers IPO bid date is from Dec 30, 2022, 10.00 A.M. to Jan 4, 2023, 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
| Opening Date | Dec 30, 2022 |
| Closing Date | Jan 4, 2023 |
| Basis of Allotment | Jan 9, 2023 |
| Initiation of Refunds | Jan 10, 2023 |
| Credit of Shares to Demat | Jan 11, 2023 |
| Listing Date | Jan 12, 2023 |
Sah Polymers IPO Lot Size
The Sah Polymers IPO lot size is 230 shares. A retail-individual investor can apply for up to 13 lots (2990 shares or ₹194,350).
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 230 | ₹14,950 |
| Retail (Max) | 13 | 2990 | ₹194,350 |
| S-HNI (Min) | 14 | 3,220 | ₹209,300 |
| B-HNI (Min) | 67 | 15,410 | ₹1,001,650 |
Sah Polymers IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 60.46% |
IPO DRHP
IPO RHP
Company’s Contact Information
Sah Polymers Limited
E-260-261
Mewar Industrial Area
Madri Udaipur Rajasthan 313003
Phone: +91 294 2493889
Email: cs@sahpolymers.com
Website: https://sahpolymers.com/
Sah Polymers IPO Registrar
Phone: +91-22-4918 6270
Email: Sahpolymers.ipo@linkintime.co.in
Website: https://linkintime.co.in/
