Last updated on January 16, 2023
Sah Polymers IPO description – The company is primarily engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) FIBC Bags, Woven Sacks,HDPE/PP woven fabrics, based products of different weight, sizes and colours. It offers 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 is also a Del Credere Associate cum Consignment Stockist (DCA/ CS) of Indian Oil Corporation and operates as Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division.
Sah Polymers has two business divisions (i) domestic sales; and (ii) exports. It has presence in 5 states and 1 union territory for domestic market. Internationally, it exports products to 14 countries such as Algeria, Togo, Ghana, Poland, Portugal, France, Italy, Dominican Republic, USA, Australia, UAE, Palestine, UK and Ireland. For the three months ended 30 June 2022, its revenue from exports contributed 57.61% of revenue from operations.
Promoters of Sah Polymers – Sat Industries Limited
Sah Polymers IPO Details
| Sah Polymers IPO Dates | 30 December 2022 – 4 January 2023 |
| Sah Polymers IPO Price | INR 61 – 65 per share |
| Fresh issue | 10,200,000 shares (INR 62.22 – 66.3 crore) |
| Offer For Sale | Nil |
| Total IPO size | 10,200,000 shares (INR 62.22 – 66.3 crore) |
| Minimum bid (lot size) | 230 shares (INR 14,950) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Sah Polymers’ Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | Q1 FY 2023 |
| Revenue | 49.10 | 55.07 | 80.51 | 27.22 |
| Expenses | 49.40 | 53.72 | 75.74 | 25.87 |
| Net income | 0.30 | 1.27 | 4.38 | 1.25 |
| Margin (%) | 0.6 | 2.3 | 5.4 | 4.6 |
Sah Polymers Offer News
Sah Polymers Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.19 | 0.82 | 2.81 |
| PE ratio | – | – | 21.71 – 23.13 |
| RONW (%) | 1.58 | 6.33 | 16.42 |
| NAV | 17.09 | ||
| ROCE | 0.09 | 0.10 | 0.14 |
| EBITDA (%) | 5.32 | 5.99 | 9.61 |
| Debt/Equity | 0.55 | 0.69 | 1.15 |
Sah Polymers IPO GMP Today (Daily Trend)
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 11 Jan 2023 | 11 | – | – |
| 10 Jan 2023 | 15 | – | – |
| 9 Jan 2023 | 18 | – | – |
| 6 Jan 2023 | 15 | – | – |
| 5 Jan 2023 | 12 | – | – |
| 4 Jan 2023 | 12 | – | – |
| 3 Jan 2023 | 10 | – | – |
| 2 Jan 2023 | 5 | – | – |
| 31 Dec 2022 | 5 | – | – |
| 30 Dec 2022 | 5 | – | – |
| 29 Dec 2022 | 5 | – | – |
| 28 Dec 2022 | 5 | – | – |
| 27 Dec 2022 | 5 | – | – |
| 26 Dec 2022 | 5 | – | – |
Sah Polymers IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 3,060,000 | 1,530,000 | 1,020,000 | 5,610,000 |
| 4 Jan 2023 | 2.40 | 32.69 | 39.78 | 17.46 |
| 3 Jan 2023 | 1.05 | 6.49 | 16.53 | 5.35 |
| 2 Jan 2023 | 0.39 | 2.94 | 7.46 | 2.37 |
| 30 Dec 2022 | 0.38 | 1.00 | 2.07 | 0.86 |
Sah Polymers IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Avoid
Canara Bank Securities – Avoid
Choice Broking –
Dalal & Broacha –
Elite Wealth – Aggressive investors may apply
Geojit –
GEPL Capital – Avoid
Hem Securities –
ICICIdirect –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities –
SMC Global –
Swastika Investmart –
Ventura Securities –
Sah Polymers Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:Â +91 22 4918 6000
Email:Â [email protected]
Website:Â www.linkintime.co.in
Sah Polymers Contact Details
SAH POLYMERS LIMITED
121, B-Wing,
Mittal Tower, Nariman Point,
Mumbai- Maharashtra-400021
Phone:Â +91 22 22042019
Email:Â [email protected]
Website: www.sahpolymers.com
Sah Polymers IPO Allotment Status
Sah Polymers IPO allotment is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Sah Polymers IPO Dates & Listing Performance
| Sah Polymers IPO Opening Date | 30 December 2022 |
| Sah Polymers IPO Closing Date | 4 January 2023 |
| Finalisation of Basis of Allotment | 9 January 2023 |
| Initiation of refunds | 10 January 2023 |
| Transfer of shares to demat accounts | 11 January 2023 |
| Sah Polymers IPO Listing Date | 12 January 2023 |
| Opening Price on NSE | INR 85 per share (up 30.77%) |
| Closing Price on NSE | INR 89.25 per share (up 37.31%) |
Sah Polymers IPO FAQs
How many shares in Sah Polymers IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Sah Polymers Public Offer?
The best way to apply in Sah Polymers public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Sah Polymers IPO GMP today?
Sah Polymers IPO GMP today is INR 11 per share.
What is Sah Polymers kostak rate today?
Sah Polymers kostak rate today is NA per application.
What is Sah Polymers Subject to Sauda rate today?
Sah Polymers Subject to Sauda rate today is NA per application.
