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Sah Polymers limited IPO
Issue Size (Net)
up to Rs. 66.3/- crs
Price Band
Rs. 61 to Rs. 65
Issue Opens
30-Dec-22
Issue Closes
04-Jan-23

Company Highlights

1. Company Information

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

2. Objective of the Issue
The company proposes to utilise the Net Proceeds towards funding the following objects:

(i)Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC).
(ii) Repayment/ Prepayment of certain secured and unsecured borrowings in full or part availed by the Company and the Subsidiary Company.
(iii)Funding the working capital requirements of the Company.

3. Registrar Details

Link Intime India Private Ltd
Phone:+91-22-4918 6270
Email: Sahpolymers.ipo@linkintime.co.in

Sah Polymers Limited Financial Information (Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Total Borrowing
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 Rs. Crore

Sah Polymers Limited IPO

Issue Size (Net)
10,200,000 shares of Rs.10 (aggregating up to Rs. 66.3/- crs)
Fresh Issue
10,200,000 shares of Rs.10 (aggregating up to Rs. 66.3/- crs)
Face Value
Rs.10 per share
Price
Rs. 61 to Rs. 65 per share
Bid Lot
230 Equity share & in multiple of 230 equity share thereafter.
Issue Opening Date
30-Dec-22
Issue Closing Date
04-Jan-23
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.

IPO Tentative Timetable

IPO Open Date
30-Dec-22
IPO Close Date
04-Jan-23
Basis of Allotment Date
09-Jan-23
Initiation of Refunds
10-Jan-23
Credit of Shares to Demat Account
11-Jan-23
IPO Listing Date
12-Jan-23

Prospectus

Prospectus File

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Landline Number
+91 11-4444-1111

Customer Care
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