30 Dec 2022
04 Jan 2022
Rs. 66.30 Cr
12 Jan 2022
₹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).
Sah Polymers is promoted by Sat Industries Limited.
Sah Polymers IPO Details
The allotment date of Sah Polymers IPO is set for 12th Janauary.
Pantomath Capital Advisors Pvt Ltd is the sole book running lead manager to the issue.