The Polysil Irrigation Systems IPO minimum market lot is 2000 shares with ₹108,000 application amount. The Polysil Irrigation Systems IPO is an SME IPO, and it is to be listed on NSE SME.
Incorporated in 1985 The Company is a fully integrated player within the drip irrigation and sprinkler irrigation sectors, with a presence in micro irrigation industry. Their products are reckoned to meet high quality standards and their brand is associated with providing value-based irrigation solutions to their end customers and are subject to BIS standards. The Company is engaged in the manufacturing and sale of HDPE pipes, fittings, and micro irrigation systems, such as drip irrigation systems and sprinkler irrigation systems, its components, accessories and allied products.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Polysil Irrigation Systems IPO Subscription Status – Day 4
| Category | NII | RII | Total |
| Day 1 | 0.21 | 1.51 | 0.86 |
| Day 2 | 0.40 | 4.39 | 2.40 |
| Day 3 | 0.88 | 7.40 | 4.14 |
| Day 4 | 2.12 | 11.62 | 6.88 |
Polysil Irrigation Systems IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Polysil Irrigation Systems IPO Review
- Avoid
Polysil Irrigation Systems IPO Form
How to apply for the Polysil Irrigation Systems IPO? You can apply for Polysil Irrigation Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Polysil Irrigation Systems IPO in the Invest section. The other option is you can apply for Polysil Irrigation Systems IPO via IPO forms downloaded online. Check out the Polysil Irrigation Systems forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
