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Open
30 Dec, 2022 to 4 Jan, 2023
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Close
30 Dec, 2022 to 4 Jan, 2023
3
Allotment
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Listing
Thu, Jan 12, 2023
Price Band
₹61 to ₹65
Issue Size
1,02,00,000 shares (agg. up to ₹66 Cr)
Lot Size
230 Shares
Listing Date
Thu, Jan 12, 2023
Latest GMP
₹10
Est. Gain
15.38%
✦ AI Insight
GMP Trend
12-01-2023₹10Est. ₹75+15.38%
11-01-2023₹10Est. ₹75+15.38%
10-01-2023₹5Est. ₹70+7.69%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.92x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 75.35 | 68.67 | 40.58 | 35.93 |
| Total Income | 27.59 | 81.23 | 55.34 | 49.91 |
| Profit After Tax | 1.25 | 4.38 | 1.27 | 0.30 |
| NET Worth | 27.74 | 26.65 | 20.09 | 18.81 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 33.15 | 30.54 | 13.79 | 10.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rex Sealing & Packing Industries Ltd. | SME | ₹8.09 Cr | ₹135 | 19.62 | ₹143.85 | +6.56% | ₹145.00 (+0.00%) |
| Uma Converter Ltd. | SME | ₹18.41 Cr | ₹33 | 10.31 | ₹33.15 | +0.45% | ₹16.25 (-4.69%) |
| Sabar Flex India Ltd. | SME | ₹4.48 Cr | ₹11 | 9.48 | ₹22.05 | +100.45% | ₹4.70 (+4.44%) |
| Mega Flex Plastics Ltd. | SME | ₹11.40 Cr | ₹40 | 16.19 | ₹56.70 | +41.75% | ₹100.00 (+0.00%) |
| Cool Caps Industries Ltd. | SME | ₹11.63 Cr | ₹38 | 16.38 | ₹37.65 | -0.92% | ₹21.00 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC) | 8.17 |
| 2 | Repayment of certain secured and unsecured borrowings in full availed by the Company | 19.66 |
| 3 | Funding the working capital requirements of the Company | 14.96 |
| 4 | General corporate purposes | 12.50 |
About Sah Polymers IPO
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 + Read More
Contact Details
Sah Polymers Ltd. AddressE-260-261, Mewar Industrial AreaMadriUdaipur, Rajasthan, 313003+91 294 2493889cs@sahpolymers.comVisit Website