Sah Polymers Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Dec 2022

Close Date

04 Jan 2023

Allotment

09 Jan 2023

Listing Date

12 Jan 2023

Exchange

NSE & BSE

Price Band

₹65

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹65

Per share

Face Value

₹10 per share

Lot Size

230 Shares

per lot

Issue Size

1,02,00,000 shares (aggregating up to ₹66.30 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,950

1 lot

Pre-IPO Holding

1,55,96,000 shares

Promoters

Post-IPO Holding

2,57,96,000 shares

Promoters

P/E (Pre)

33.51x

UPI Deadline

2023-01-04

Mandate

Anchor AllotmentThu, 29 Dec 2022

Basis of AllotmentMon, 09 Jan 2023

Refund InitiationTue, 10 Jan 2023

Demat CreditWed, 11 Jan 2023

Listing DayThu, 12 Jan 2023

UPI Mandate Deadline2023-01-04

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sah Polymers Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Jan 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	10,200,000	100%	₹66.30

IPO Shares Offered

Sah Polymers Ltd. IPO total issue size: ₹66.30 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	10,200,000	₹66.30	100.00%

* Based on upper price band ₹65 per share

Lot Size & Investment

Lot Size

230

Shares per Lot

Issue Price

₹65.00

Upper Band

Min Investment

₹14,950

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	460	₹29,900
Retail (Max — 13 Lots)	13	2,990	₹194,350
S-HNI (Min — 14 Lots)	14	3,220	₹209,300
B-HNI (Min — 68 Lots)	68	15,640	₹1,016,600

* Issue Price ₹65 × Lot Size 230 shares

IPO Schedule

Anchor

29 Dec 2022

✓ Done

IPO Open

30 Dec 2022

✓ Done

IPO Close

04 Jan 2023

✓ Done

Allotment

09 Jan 2023

✓ Done

Refunds

10 Jan 2023

✓ Done

Demat Credit

11 Jan 2023

✓ Done

Listing Day

12 Jan 2023

✓ Done

₹65.00

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Issue ₹65.00 Live Price

About Sah Polymers Ltd.

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 March 31, 2022, the company is supported by 97 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.Competitive Strength:Product portfolioCustomer base across geographies and industriesManagement Team

Objects of the Issue

1 Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC)

2 Repayment of certain secured and unsecured borrowings in full availed by the Company

3 Funding the working capital requirements of the Company

4 General corporate purposes

Sah Polymers Ltd. Financials (Amount in Crore)

Revenue from Operations

₹81.2

31-Mar-22

₹55.3

31-Mar-21

₹49.9

31-Mar-20

Profit After Tax (PAT)

₹4.4

31-Mar-22

₹1.3

31-Mar-21

₹0.3

31-Mar-20

Particulars	31-Mar-20	31-Mar-21	31-Mar-22
Revenue from Operations	49.91	55.34	81.23
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	0.30	1.27	4.38
Net Worth	18.81	20.09	26.65
Total Assets	35.93	40.58	68.67
Reserves & Surplus	N/A	N/A	N/A
Borrowings	10.37	13.79	30.54
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered1,02,00,000 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding1,55,96,000 shares

Post-Issue Promoter Holding2,57,96,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

Sahpolymers.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Pantomath Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sah Polymers Ltd. IPO subscribed? ▲

Sah Polymers Ltd. IPO is subscribed 1.00 times by Jan 04, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sah Polymers Ltd. IPO retail subscription status? ▼

The Sah Polymers Ltd. IPO retail category is subscribed 1.00 times as of 04 Jan 2023. The retail portion is oversubscribed.

How to subscribe Sah Polymers Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Dec 2022 and closes 04 Jan 2023. Min investment: ₹14,950 (1 lot = 230 shares). UPI mandate: 2023-01-04.

How many times Sah Polymers Ltd. IPO subscribed? ▼

The Sah Polymers Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sah Polymers Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Jan 2023. Refunds: on 10 Jan 2023.

When Sah Polymers Ltd. IPO will be listed? ▼

The Sah Polymers Ltd. IPO listing date is 12 Jan 2023, Thursday. Listed on: NSE & BSE. Issue price: ₹65. Estimated listing: ₹65. GMP: NIL.

When Sah Polymers Ltd. IPO close? ▼

The Sah Polymers Ltd. IPO closes on 04 Jan 2023, Wednesday. UPI mandate: 2023-01-04. Allotment: 09 Jan 2023. Listing: 12 Jan 2023.

Quick Actions

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Live Price LIVE

Last Price₹65.00

Change—

Issue Price₹65.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹65

Face Value₹10

Lot Size230 Sh

Min. Amount₹14,950

GMPNIL

Est. Listing₹65

Subscribed1.00x

Open Date30 Dec 2022

Close Date04 Jan 2023

Allotment09 Jan 2023

Listing Date12 Jan 2023

ExchangeNSE & BSE

UPI Deadline2023-01-04