The Polyethylene Manufacturing company Sah Polymers IPO will be hit the market 30 December 2022 and closes on 04 January 2022. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹66.30 crore through IPO. The company will issue fresh shares of ₹66.30 crores through this IPO Issue.
The company has reserved 75% for QIB, 15% for NII and 10% for Retail Investor in this IPO.
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, based products of different weight, sizes and colours as per customers specifications. You can check to know Sah Polymers IPO GMP here.
The company offer e offer customised bulk packaging solutions to business-to-business (“B2B”) manufacturerscatering todifferent industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food ProductsIndustry, Textile Industry Ceramic Industry and Steel Industry.
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The company has two business divisions (i) domestic sales; and (ii) exports. The company has presence in 5 states and 1 union territory for our domestic market based on sales made for the three months ended June 30, 2022 and FY 2022. you can check to know Sah Polymers IPO Subscription status here.
The company export our products to 14 countries such as Algeria, Togo, Ghana, Poland, Portugal, France, Italy,Dominican Republic, USA, Australia,UAE, Palestine, UK and Ireland. The company one manufacturing facility with installed production capacity of 3960 m.t. p.a. located at Udaipur, Rajasthan. you can check to know Sah Polymers IPO Allotment status here.
Object Of the Issue :
- Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC) (hereinafter referred to as the “Project”);
- Repayment of certain secured and unsecured borrowings in full availed by our Company;
- Funding the working capital requirements of our Company; and
- General corporate purposes.
Company Strengths :
- Our Product portfolio
- Customer base across geographies and industries
- Our Management Team
Sah Polymers IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹4.38 Cr (March 2022) |
| Issue Price : | ₹65/ EQ (Cut Off) |
| EPS 2022 : | ₹2.81 (March 2022) |
| PE Ratio : | 12.31 (PE Approx) |
| RoNW : | 16.42% (March 2022) |
| NAV Value : | ₹17.09 (March 2022) |
| Total Assets : | ₹75.35 Cr (June 2022) |
| Market Cap : | ₹101.37 Cr Approx |
| Promoter Holding : | 100.00% Pre Issue 60.46% Post Issue |
| Team Review : | ● The company is operating in the highly competitive field of Packaging materials. ● The PE ratio of the company is very Attractive. ● The company financial performance stable growth last few year. ● The issue is highly priced discounting all near-term positives ● The company promoter stake will decrease lower side but will hold 60.46% stake after issue which is concern. ✔ Apply For Long Term |
Sah Polymers IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 30 December 2022 |
| IPO Close : | 04 January 2023 |
| IPO Size : | ₹66.30. Cr {10,200,000 Shares} |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹61–₹65 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹66.30. Cr {10,200,000 Shares} |
| Fresh Issue : | ₹66.30. Cr {10,200,000 Shares} |
| Offer For Sale : | ₹-. Cr |
Sah Polymers IPO Market Lot :
Sah Polymers IPO Minimum Market lot is 1 Lot with 36 shares with ₹14,950 Application amount. The retail investors can apply up to 13 lots with 2990 Shares or ₹194,350 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 36 | ₹14,950 |
| Retail Maximum : | 13 | 2990 | ₹194,350 |
| S-HNI Minimum : | 14 | 3220 | ₹209,300 |
| B- HNI Minimum : | 67 | 15,410 | ₹10,01,650 |
Sah Polymers IPO Shares Offer :
A Total of 10,200,000 shares are to be bid for the public issue by Sah Polymers IPO with 10,200,000 for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 10,200,000 | ₹66.30 Cr |
| Offer For Sale : | – | ₹– |
| Total : | 10,200,000 | ₹66.30 Cr |
Sah Polymers IPO Reservation :
Sah Polymers IPO Total Reservation of 10,200,000 shares are to be bid for the public issue by Sah Polymers IPO with 76,50,000 for QIB and 15,30,000 for NII 10,20,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 76,50,000 | ₹49.73 Cr |
| NII : | 15% | 15,30,000 | ₹9.95 Cr |
| RII : | 10% | 10,20,000 | ₹6.63 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 10,200,000 | ₹66.30 Cr |
Sah Polymers IPO EPS & RoNW :
The Sah Polymers company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
| 2022 | ₹2.81 | 16.42% |
| 2021 | ₹0.82 | 6.33% |
| 2020 | ₹0.19 | 1.58% |
Sah Polymers IPO Peer Comparison PE :
The Sah Polymers, According to DRHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Rishi Techtex Limited | 15.67 |
| 2. | Rishi Techtex Limited | 17.37 |
| 3. | SMVD Poly Pack Limited | 7.17 |
| 4. | EMMBI Industries Limited | 8.60 |
| 5. | Commercial Syn Bags Limited | 21.20 |
Sah Polymers IPO Dates :
Sah Polymers IPO Date is 30 December 2022 and closes on 04 January 2023. The allotment will be finalized on 09 January 2023 and the IPO may list on 12 January 2023.
| Open Date : | 30 January 2023 |
| Close Date : | 04 January 2023 |
| Allotment Date : | 09 January 2023 |
| Refund Date : | 10 January 2023 |
| Share Credit Date : | 11 January 2023 |
| Listing Date : | 12 January 2023 |
Sah Polymers IPO Form :
There are two ways to apply in Sah Polymers IPO. You can apply for Sah Polymers IPO through ASBA available in your bank account. You have to go to your online bank login and select Sah Polymers IPO in the Invest section and apply through your bank account. Another option is you can apply for Sah Polymers IPO through IPO form download through NSE and BSE. See the Sah Polymers IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Sah Polymers Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2022 June | ₹27.59 | ₹25.87 | ₹1.25 |
| 2022 | ₹81.23 | ₹75.74 | ₹4.38 |
| 2021 | ₹55.34 | ₹53.72 | ₹1.27 |
| 2020 | ₹49.91 | ₹49.39 | ₹0.30 |
Company Promoters :
■ Asad Daud
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Sah Polymers IPO Lead Managers :
■ Pantomath Capital Advisors Private Limited
Sah Polymers IPO Registrar :
Link Intime India Private Limited
C 101, 247 Park, L.B.S. Marg Vikhroli (West) ,
Mumbai – 400 083 ,Maharashtra, India
Tel: +91 22 4918 6200
Email:[email protected]
Investor grievance Email: [email protected]
Website:www.linkintime.co.in
Note: Check Sah Polymers IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Sah Polymers Private Limited
5th Floor, Neville Tower, Unit 6,7 and 8,
Ramanujan IT City, Rajiv Gandhi Salai,
Taramani, Chennai- 600113,
Tamil Nadu, India;
Tel: +91 044 4344 1700
E-mail: [email protected]
Website: www.latentview.com
Sah Polymers IPO FAQs :
What is Sah Polymers IPO?
Sah Polymers IPO is Mainboard IPO. They are going to raise ₹66.30 Crores via IPO. The issue is priced at ₹61-₹65 per equity share. The IPO is to be listed on NSE, BSE.
When Sah Polymers IPO will open?
The IPO is to open on 30 Dec – 04 Jan for QIB, NII & RII.
What is Sah Polymers IPO Size?
Sah Polymers IPO size is ₹66.30 Crores.
What is the Fresh issue size of Sah Polymers IPO?
The Fresh issue size of Sah Polymers IPO ₹66.30 Cr.
What is the Offer For Sale size of Sah Polymers IPO?
The Offer For Sale size of Sah Polymers IPO ₹- Cr.
What is Sah Polymers IPO Price Band?
Sah Polymers IPO Price Band is ₹61-₹65 Per share.
What is Sah Polymers IPO Minimum and Maximum Lot Size?
The minimum 230 Shares with ₹14,950 amount while the maximum 2990 shares with ₹194,350.
What is Sah Polymers IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Sah Polymers IPO Allotment Date?
Sah Polymers IPO allotment date is 09 January 2023.
What is Sah Polymers IPO Listing Date?
Sah Polymers IPO listing date is 12 January 2023. The IPO to list on NSE, BSE.
How to Apply the Sah Polymers IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Sah Polymers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sah Polymers IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Sah Polymers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sah Polymers IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Sah Polymers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sah Polymers IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Sah Polymers IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Sah Polymers IPO GMP: Click Here Sah Polymers IPO Subscription: Click Here Sah Polymers IPO Allotment: Click Here Sah Polymers IPO Listing: Click Here Sah Polymers IPO Web Story: Click Here |
All Sah Polymers IPO-related links are available here. If you want to know the details then click on Click Here Link.
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