
Chemicals & Packaging · NSE / BSE
Incorporated in 1992, Sah Polymers Limited is engaged in the manufacturing and sale of Polypropylene (PP) and High-Density Polyethylene (HDPE) products, including FIBC bags, woven sacks, woven fabrics, and woven polymers. The company provides customized bulk packaging solutions to B2B clients across diverse industries such as agrochemicals, cement, chemicals, fertilizers, pharmaceuticals, food products, textiles, ceramics, and steel. Sah Polymers operates through two divisions — domestic sales and exports — with a presence in 6 Indian states and 1 union territory, as well as international markets across Africa, the Middle East, Europe, the USA, Australia, and the Caribbean. As of March 31, 2022, the company employed 97 staff members and operated a manufacturing facility in Udaipur, Rajasthan, with an installed production capacity of 3,960 metric tons per annum.
Price Band
₹61 – ₹65
Issue Size
₹66.30 Cr
Lot Size
230 shares
GMP
+16.9%
Est. Listing
₹76
at current GMP
Subscribed
17.46x
overall
Open
30 Dec 2022
Close
4 Jan 2023
Allotment
9 Jan 2023
Refund
10 Jan 2023
Demat Credit
11 Jan 2023
Listing
12 Jan 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹65
Band: ₹61 – ₹65
Estimated Listing Price
₹76
Upper price + GMP
Lot Size
230 shares
Min investment ₹14,950
Estimated Profit / Lot
₹2,530
230 × ₹11
Grey Market Premium trend
+₹11
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹11 | 16.9% | ₹76 |
| 30 Oct 2026 | +₹11 | 16.9% | ₹76 |
| 29 Oct 2026 | +₹10 | 15.2% | ₹75 |
GMP is unofficial market data. Not a guarantee of listing performance.
Sah Polymers Limited is bringing an initial public offering (IPO) in the Chemicals & Packaging sector with an aggregate issue size of ₹66.3 Crores. The shares are offered at a price band of ₹61 to ₹65 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-01-04, the basis of allotment is scheduled to be finalized on 2023-01-09. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Sah Polymers Limited IPO is ₹11, which indicates an expected listing price of ₹76.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.