
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
Overall Subscription
17.46x
Total Demand
QIB Multiplier
2.56x
Institutions & Funds
NII / HNI
34.83x
High Net-Worth
Retail (RII)
42.39x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,871,692 | 7,350,110 | 2.56x |
| NIB | 1,435,846 | 50,014,880 | 34.83x |
| HNIs(10L +) | 957,231 | 34,615,000 | 36.16x |
| HNIs (2-10L) | 478,615 | 15,399,880 | 32.18x |
| RETAIL | 957,231 | 40,579,820 | 42.39x |
| Total | 6,700,615 | 147,959,690 | 17.46x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 15,522 | 657,978 | 42.39x |
| HNIs (10L +) | 99 | 3,448 | 34.83x |
| HNIs (2-10L) | 475 | 16,544 | 34.83x |
| Total Applications | 16,096 | 677,970 | 42.12x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Sah Polymers Limited IPO is ₹11 per equity share. Based on the upper price band of ₹61 to ₹65 per equity share, the estimated listing price is ₹76 (+16.9% expected listing gain).
With a lot size of 230 shares and current GMP of ₹11, the expected profit per application lot is approx ₹2,530 (+16.9% gain). Minimum application cost is approx ₹14,950.
The Sah Polymers Limited IPO aggregate issue size is ₹66.3 Crores with an equity price band set at ₹61 to ₹65 per equity share. The retail lot size is 230 shares requiring a minimum capital outlay of approx. ₹14,950.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 17.46x (Retail: 42.39x, QIB: 2.56x, NII: 34.83x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-01-09. Investors can verify status using PAN card or application number.
Sah Polymers Limited shares are scheduled to list on NSE and BSE on 2023-01-12.