Sah Polymers IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Apr 27, 2022Let’s have a detailed review of the company and analytics of the Sah Polymers IPO release date, IPO offer price, subscription, Sah Polymers Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs [●] |
| Listing At | NSE Emerge |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs Lakh |
| Tick Size | 1 |
Sah Polymers IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Sah Polymers IPO – Summary
They are an ISO 9001:2015 certified company, primarily engaged in manufacturing, trading, and exporting of Polypropylene (PP)/High-Density Polyethylene (HDPE) Woven Bags, BOPP Laminated Bags and Flexible Intermediate Bulk Containers (FIBCs), HDPE/PP woven fabrics/sacks of different weight and sizes printed in multi colors as per the requirements of the customers.
They cater to cement, Fertilizers, textiles, Food Grains, chemicals, industry. With the experience of more than three decades in the industry, their company supplies, and exports bags to over 14 countries across the globe. They offer a diverse portfolio of customized bulk packaging solutions.
The Promoter of this company is Sat Industries Limited. The lead manager to the issue is PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED, and the Registrar to this issue is LINK INTIME INDIA PRIVATE LIMITED.
Sah Polymers IPO Date
The opening and the closing date of Sah Polymers IPO are not available yet.
Sah Polymers IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Check Sah Polymers IPO LIVE Subscription
- Sah Polymers IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Sah Polymers IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Sah Polymers Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Sah Polymers IPO Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Sah Polymers IPO Size
This Initial Public Issue of 57,00,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Lakh.
Sah Polymers IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.
Issue Size: 57,00,000 Equity Shares of Rs.10 each, aggregating to Rs.[●] Lakh
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Sah Polymers IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Sah Polymers Share Price |
Sah Polymers IPO Grey Market Premium
The Sah Polymers Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Sah Polymers IPO – Company Overview
They believe that their ability to meet standard quality, introduce designs to meet evolving customer preferences and has enabled them to establish itself in the FIBC packaging industry.
Their company is also a Del Credere Associate cum Consignment Stockist (DCA/ CS) of Indian Oil Corporation Limited for polymer trading and is also operating as Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their Polymer division.
They are also engaged in providing job work services of manufacturing tape and fabric for other manufacturers and traders. Domestically for sales of Fabric and Bags, they have a presence in 8 states and internationally they supply products in over 14 countries.
They have one manufacturing facility which is located at, Udaipur over 8000 sq. mt. area. Over the years, they have made investments in their manufacturing infrastructure to support their product portfolio requirements and reach. Their Company is promoted by SAT Industries Limited which is listed on BSE Ltd.
Sah Polymers IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-June-21 | 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 4,262.88 | 4,057.85 | 3,638.67 | 3,678.32 |
| *Total Revenue | 1,420.90 | 5,534.42 | 4,990.96 | 4,561.17 |
| Total Expense | 1,286.07 | 5,372.21 | 4,939.51 | 4,486.25 |
| Profit After Tax | 111.20 | 127.23 | 29.68 | 37.13 |
Earnings per Equity Share (in Lakh)
| 30-June-21 | 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic & Diluted | 0.713 | 0.816 | 0.190 | 0.238 |
Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. 127.23 Lakh, Rs. 29.68 Lakh and Rs. 37.13 Lakh respectively.
Sah Polymers IPO – Promoters
The Promoter of this company is:
- Sat Industries Limited
List of Related Parties (Key Managerial Personnel)
- Asad Daud, Managing Director
- Hakim Sadiq Ali Tidiwala, Whole Time Director
- Ramesh Chandra Soni, Independent Director
- Sanjay Suthar, Independent Director
- Nikhil Khanderao Raut, Independent Director
- Chetna, Independent Director
Sah Polymers IPO – Promoters Holding
- Pre Issue Share Holding – %
- Pos Issue Share Holding – %
Sah Polymers IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 57,00,000 Equity Shares aggregating up to Rs.[●] Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 155,96,000 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Sah Polymers IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Funding capital expenditure of their proposed new manufacturing facility which is being set up to enable them to manufacture Flexible Intermediate Bulk Containers (FIBC): with an annual installed capacity of 3960 MT at a place different from the existing facilities.
2. General corporate purposes.
Sah Polymers IPO – Business Strategy
- Expansion of their production capacity
- Increase their customer base by exploring new markets
- Continue to improve operating efficiencies through technology enhancements
- Customer Satisfaction
- Brand Image
Sah Polymers IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Diverse product portfolio with a focus on quality;
- Experienced management and dedicated employee base;
- Repeat Orders;
- Selling and Distribution network
- Diversified customer base across geographies and industries.
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 0.82 | 6.33 | 12.88 |
| 31-Mar-20 | 0.19 | 1.54 | – |
| Mar-19 | 0.24 | 1.96 | – |
Sah Polymers IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Sah Polymers Limited | 10 | [●] | 0.82 | 6.33 | 5,534.42 |
| Listed Peers | |||||
| Kanpur Plastipack Ltd. | 10 | 8.35 | 20.79 | 19.17 | 45916.24 |
| Rishi Techtex Ltd. | 10 | 48.09 | 0.57 | 1.51 | 8122.45 |
| Gopala Polyplast Ltd. | 10 | 8.20 | 62.17 | 241.86 | 1611.47 |
| Jumbo Bag Ltd. | 10 | 39.91 | 0.38 | 1.02 | 8483.36 |
| SMVD Polypack Ltd. | 10 | 14.17 | 0.98 | 2.21 | 683.89 |
| EMMBI Industries Limited | 10 | 24.60 | 4.34 | 5.55 | 3198.39 |
| Commercial Syn Bags Limited | 10 | 13.98 | 10.14 | 14.69 | 21505.85 |
Sah Polymers IPO Lead Managers
| Lead Managers |
| PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED 406-408, Keshava Premises, Behind Family Court, Bandra Kurla Complex, Bandra East, Mumbai 400051, Maharashtra, India Tel: +91-22 6194 6700 Fax: +91-22 2659 8690 Email: ipo@pantomathgroup.com Website: www.pantomathgroup.com Investor Grievance Id: ipo@pantomathgroup.com Contact Person: Kruthika Shetty SEBI Registration No: INM000012110 |
Sah Polymers IPO Registrar to offer
| Registrar to the Offer |
| LINK INTIME INDIA PRIVATE LIMITED C-101, 1st Floor, 247 Park, L.BS. Marg, Vikhroli (West), Mumbai 400083, Maharashtra, India Tel: +91-022-49186200 Fax: +91-022-49186195 Email: sah.ipo@linkintime.co.in Website: www.linkintime.co.in Investor Grievance Id: sah.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration Number: INR000004058 |
Sah Polymers IPO – Other Details
- Statutory Auditor – Mr. Ajay Paliwal & Co, Chartered Accountant
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Sah Polymers IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Sah Polymers Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Sah Polymers IPO Review FAQs
Ques – What is the Issue Size of Sah Polymers IPO?
Answer – The Company is making an initial public offer of 57,00,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Sah Polymers IPO?
Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Sah Polymers IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the Sah Polymers IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
Ques – What is the Sah Polymers IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Ques – Who is the Registrar of Sah Polymers IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. LINK INTIME INDIA PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Sah Polymers IPO?
Answer – Here are the promoters of this IPO – Sat Industries Limited. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Sah Polymers IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Sah Polymers IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Sah Polymers Company?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 127.23, 2020 is 29.68, 2019 is 37.13. PAT from June 2021 is 111.20.
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