Open Date
30 Dec 2022
04 Jan 2022
230
Rs. 66.30 Cr
Close Date
Lot Size
IPO Size
Listing At
NSE, BSE
Listing Date
12 Jan 2022
Price Range
₹61 to ₹65 per share
Sah Polymers Limited is engaged in manufacturing and selling of Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP woven fabrics and woven polymer.
The net proceeds from the issue will be used for: 1. Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC). 2. Repayment/ Prepayment of certain secured and unsecured borrowings in full or part availed by the Company and the Subsidiary Company. 3. Funding the working capital requirements of the Company. 4. General corporate purposes.
The Sah Polymers IPO lot size is 230 shares. A retail-individual investor can apply for up to 13 lots (2990 shares or ₹194,350).
Pantomath Capital Advisors Pvt Ltd is the sole book running lead manager to the issue.