Sah Polymers Market Debut

New IPO Sah Polymers Limited lists at a premium of 30.8% at ₹85/share vs the issue price of ₹65/share on NSE.

Sah Polymer‘s is in the business of manufacturing and exporting of Polypropylene (PP)/High-Density Polyethylene (HDPE) Woven Bags, BOPP Laminated Bags, and Flexible Intermediate Bulk Containers (FIBCs) in India.

Sah Polymer’s IPO subscribes 17 times.

Sah Polymers IPO Details

IPO DateDec 30, 2022 to Jan 4, 2023
Listing DateThursday, January 12, 2023
Face Value₹10 per share
Price₹61 to ₹65 per share
Lot Size230 Shares
Issue Size10,200,000 shares of ₹10
(aggregating up to ₹66.30 Cr)
Fresh Issue10,200,000 shares of ₹10
(aggregating up to ₹66.30 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
P/E (x)33.51
Market Cap (₹ Cr.)167.67
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.

Leave a Comment