Sah Polymers Limited IPO

Incorporated on April 20, 1992, Sah Polymer Limited is an unlisted public company. It’s been working in the manufacturing and exporting of polypropylene (PP) and high-density polyethylene (HDPE) woven bags, woven polymers, BOPP laminated bags, and HDPE/PP woven fabrics.

The business provides manufacturers serving various industries, like cement, agro-based, fertilizer, food products, steel, salt, chemicals, and many more, with customized bulk packaging solutions (B2B).

 Consolidated Company Financials (Amt. in crore)

Time Period

Total Revenue

Profit after tax

Net worth

Total Borrowing

31-March-21

55.34

1.27

20.09

13.79

31-Mar-22

81.23

4.38

26.65

30.54

30-Jun-22

27.591

1.25

27.74

33.15

 

 IPO Objective:

  • Prepayment/repayment of a few secured or unsecured loans
  • Raising the working capital of the company

 

 IPO Details

Opening Date

Dec 30, 2022

Closing Date

Jan 4, 2023

Listing Date

Not updated yet

Face value

Rs.10 per share

Lot Size

230 shares

Issue Type

Book Built Issue IPO

Listing at

NSE, BSE

Issue size

10,200,000 shares of Rs.10

(aggregating up to Rs.66.30 Cr.)

Fresh issue

10,200,000 shares of Rs.10

(aggregating up to Rs.66.30 Cr.)

 

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