Sah Polymers Limited

Dec 30, 2022 - Jan 4, 2023

Premium	₹11
Price	₹61 - ₹65
Lot size	230
Allotment	Jan 9, 2023
Listing	Jan 12, 2023

Category	Lot(s)	Qty	Amount
Retail	1	230	14950
sHNI	14	3220	209300
bHNI	67	15410	1001650

Last Updated as on 04-Jan-2023 17:48:00

Category	Offered	Applied	Times
QIBs	28,71,692	73,50,110	2.4
HNIs	14,35,846	5,00,14,880	32.69
HNIs (10+L)	9,57,231	3,46,15,000	33.94
HNIs (2-10L)	4,78,615	1,53,99,880	30.2
Retail	9,57,231	4,05,79,820	39.78
Total	52,64,769	9,79,44,810	17.46

About

Issue Size	10,200,000 shares of ₹10 (aggregating up to ₹66.30 Cr)
Fresh Issue	10,200,000 shares of ₹10 (aggregating up to ₹66.30 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
P/E (x)	33.51
Market Cap (₹ Cr.)	167.67
QIB Shares Offered	Not less than 75% of the Issue
NII (HNI) Shares Offered	Not more than 15% of the Issue
Retail Shares Offered	Not more than 10% of the Issue
Company Promoters	Sat Industries Limited is the company promoter.

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

Company Financials

Sah Polymers Limited Financial Information (Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	35.93	49.91	0.3	18.81	10.37
31-Mar-21	40.58	55.34	1.27	20.09	13.79
31-Mar-22	68.67	81.23	4.38	26.65	30.54
30-Jun-22	75.35	27.59	1.25	27.74	33.15
Amount in ₹ Crore

Lead Manager(s)

Strength

Weakness

Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Sahpolymers.ipo@linkintime.co.in
Website: https://linkintime.co.in/