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IPO Synopsis

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Sah Polymers Ltd
Registered Office:
E-260-261,Mewar Industrial Area Mardi, Udaipur - 313003, Rajasthan, India.
Initial public offering of 102,00,000* equity shares of face value of Rs. 10 each ("Equity Shares") of Sah Polymers Limited ("The Company" or "The Issuer") for cash at a price of Rs. 65 per equity share (including a premium of Rs. 55 per equity share) ("Issue Price") aggregating to Rs. 66.30 crores ("Issue"). The offer cpmrises of fresh issue only. The issue shall constitute 39.54 % of the post-issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10. the issue price is 6.5 times the face value of the equity shares. Bids can be made for a minimum of 230 shares and in multiples of 230 equity shares thereafter.
Issue
Opens On Closes On
30-Dec-22 04-Jan-23
Money Payable On
Application Allotment
65.00 0.00
Minimum Application for shares in Nos : 230  Further Multiples of : 230
(₹)(Cr.) Lead Managers to the Issue
Project Cost (₹) 55.30 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹) 66.30  
Post Issue Equity Share Capital (₹) 25.80  
Issue Price (₹) 65.00  
Projects
Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Container (FIBC) (hereinafter referred to as the "Project")
Repayment/prepayment of certain secured and unsecured borrowings in full or part availed by the company and its Subsidiary Company
Funding the working capital requirements of the company
General corporate purposes
Promoted By
Sat Industries Ltd
Listing At
BSE
NSE
Registrar to the Issue