Sah Polymers IPO subscription status started on Friday December 30, 2022 and will close on January 4, 2023. Sah Polymers IPO to raise around ₹66.30 crores via IPO. The retail quota is 10%, QIB is 75%, and NII is 15%. The price band is fixed at ₹61 t0 ₹65 per equity share.
The Sah Polymers IPO minimum market lot is 230 shares with ₹14,950 application amount. The retail investors can apply up-to 13 lots with 2,990 shares or ₹194,350 amount. The IPO to list on BSE and NSE.
Sah Polymers Limited is a leading PP Woven Bags Manufacturer in India. They are in the business for the last 25 years. They primarily manufacture and export PP Woven Bags and HDPE Box Bags, Flexible Intermediate Bulk Containers (FIBCs), and BOPP Laminated Bags. They offer customized bulk packaging solutions to B2B manufacturers.
IPOWatch View
We recommend investors may apply an IPO with Caution (Risky). Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the Sah Polymers IPO allotment status here.
Sah Polymers IPO Subscription Status – Final Data
Category | Day 2 | Day 3 | Day 4 |
QIB | 0.39 | 1.05 | 2.40 |
NII | 2.94 | 6.49 | 32.69 |
RII | 7.46 | 16.53 | 39.78 |
Total | 2.37 | 5.35 | 17.46 |
Sah Polymers 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
Sah Polymers IPO Review
- Avoid / Risky
Sah Polymers IPO Date & Price Band
IPO Open: | December 30, 2022 |
IPO Close: | January 4, 2022 |
IPO Size: | Approx ₹66.30 Crores |
Fresh Issue: | Approx ₹66.30 Crores |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹61 to ₹65 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 10% |
QIB Quota: | 75% |
NII Quota: | 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Sah Polymers IPO Market Lot
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 230 | ₹14,950 |
Retail Maximum | 13 | 2,990 | ₹194,350 |
S-HNI Minimum | 14 | 3,220 | ₹209,300 |
B-HNI Minimum | 67 | 15,410 | ₹10,01,650 |
Sah Polymers IPO Subscription Dates
Price Band Announcement: | December 24, 2022 |
Anchor Investors Allotment: | December 29, 2022 |
IPO Open Date: | December 30, 2022 |
IPO Close Date: | January 4, 2023 |
Basis of Allotment: | January 9, 2023 |
Refunds: | January 10, 2023 |
Credit to Demat Account: | January 11, 2023 |
Sah Polymers IPO Listing Date: | January 12, 2023 |
Sah Polymers IPO Form
How to apply for the Sah Polymers IPO? You can apply for Sah Polymers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sah Polymers IPO in the Invest section. The other option is you can apply for Sah Polymers IPO via IPO forms downloaded via BSE and NSE. Check out the Sah Polymers forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.