
Industrial Manufacturing · NSE
Incorporated in 1932, Sabar Flex India Limited is a manufacturer and supplier of flexible packaging materials used across food, dairy, cosmetics, pharmaceuticals, chemicals, and agriculture sectors. The company’s operations include manufacturing, processing, designing, buying, selling, exporting, and importing a wide range of packaging products such as cartons, drums, crates, cans, containers, wooden boxes, plastic containers, polythene containers, bottles, vials, tubes, bins, and other packaging solutions. Sabar Flex India Limited operates three manufacturing plants located in Gujarat.
Price Band
₹11
Issue Size
₹4.48 Cr
Lot Size
10000 shares
GMP
+54.5%
Est. Listing
₹17
at current GMP
Subscribed
85.38x
overall
Open
8 Sep 2022
Close
13 Sep 2022
Allotment
16 Sep 2022
Refund
17 Sep 2022
Demat Credit
18 Sep 2022
Listing
21 Sep 2022
Designated Registrar: Bigshare Services Private Limited
Allotment Date
16 Sep 2022
Basis finalization
Refunds Initiate
17 Sep 2022
Mandate release
Demat Credit
18 Sep 2022
Shares in demat
Listing Debut
21 Sep 2022
Trading begins
Sabar Flex India Limited is bringing an initial public offering (IPO) in the Industrial Manufacturing sector with an aggregate issue size of ₹4.48 Crores. The shares are offered at a price band of ₹11 to ₹11 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 10000 shares (approx. ₹1,10,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-18, while un-allotted funds or UPI block mandates will be released on 2022-09-17.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.