Sah Polymers Limited IPO

Sah Polymers Limited IPO | (Sah Polymers IPO) Detail

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Sah Polymers Limited IPO (Sah Polymers IPO) Detail

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 portfolio
  • Customer base across geographies and industries
  • Management Team

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilize the Net Proceeds towards funding of the following objects:

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

2. Repayment/ Prepayment of certain secured and unsecured borrowings in full or part availed by the Company and the Subsidiary Company.

3. Funding the working capital requirements of the Company.

4. General corporate purposes.

Sah Polymers IPO Details

IPO DateDec 30, 2022 to Jan 4, 2023
Listing Date[.]
Face Value₹10 per share
Price[.] to [.] per share
Lot Size
Issue Size10,200,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Fresh Issue10,200,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot less than 75% of the Issue
NII (HNI) Shares OfferedNot more than 15% of the Issue
Retail Shares OfferedNot more than 10% of the Issue
Company PromotersSat 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.

EventTentative Date
Opening DateDec 30, 2022
Closing DateJan 4, 2023
Basis of AllotmentJan 9, 2023
Initiation of RefundsJan 10, 2023
Credit of Shares to DematJan 11, 2023
Listing DateJan 12, 2023

Sah Polymers IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Sah Polymers IPO Prospectus

Company Contact Information

Sah Polymers Limited
Mewar Industrial Area
Madri Udaipur Rajasthan 313003
Phone: +91 294 2493889

Sah Polymers IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

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