About Sah Polymers IPO
In 1992, Sah Polymers started its journey with manufacturing of plastic goods. Since then, the company has evolved and entered into new product categories. Today, it manufactures and sells Polypropylene (PP), High Density Polyethylene (HDPE), FIBC Bags, Woven Sacks, HDPE/PP woven fabrics and woven polymer. These products are used for packaging in various industries including agro pesticides, basic drug, cement, chemical, fertilizer, food products, textile, ceramic and steel.
It is also responsible for the customer acquisition, sales and maintenance of Indian Oil Corporation’s polymer division. Along with this, it also enters into arrangements as a third-party manufacturer for tape and fabric based customer requirements.
Apart from India, Sah Polymers exports to 14 countries including Togo, Ghana, Portugal, France, Italy, UK, USA and Australia.
This company is now launching the Sah Polymers Ltd IPO. The money raised through the fresh issue of Sah Polymers IPO will be used for reducing debt and setting up a new manufacturing facility.
Here are the key details about the Sah Polymers IPO:
Here’s a quick look at Sah Polymers IPO’s strengths, weakness, opportunities and risks (SWOT analysis)
Strengths and opportunities
Risks and threats
Sah Polymers IPO details
| Sah Polymers IPO date
The offer document filed by the company with the SEBI mentions that the Sah Polymers IPO’s opening date – in other words, the Sah Polymers IPO launch date – will be on 30 December 2022. The Sah Polymers IPO closing date is 4 January 2023. After this, investors will be updated about the allotment status on 9 January 2023.
Investors, who have been allotted shares, can expect them to be credited in their demat account on 11 January 2023. The Sah Polymers IPO listing date is 12 January 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
| Sah Polymers IPO Price Band
The entire IPO is a book-built issue. The Sah Polymers IPO price band has been set between ₹61 and ₹65 per share. Interested investors can choose a price within this band to apply for the IPO.
The Sah Polymers IPO listing price will be determined on 12 January 2023. The listing price is the price at which the shares of a company make their debut on the stock exchanges.
| Sah Polymers IPO Lot size
The Sah Polymers IPO details have been declared. The Sah Polymers IPO lot size is set at 230 shares, and an investor can apply for a minimum of 1 lot. Individual investors applying under the retail category can apply for up to 13 lots (2,990 shares). Meanwhile, the Sah Polymers IPO issue size is ₹66 crore.
How to pre-apply for the Sah Polymers IPO?
You can pre-apply for the Sah Polymers IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the Sah Polymers IPO?
If you are interested in this investment opportunity but unsure how to apply for the Sah Polymers IPO, here we are listing out the steps for you.
Here’s a step-by-step guide on how to apply for the Sah Polymers IPO on Upstox:
How to check the Sah Polymers IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around three to five days after an IPO closes. This is also true in the case of the Sah Polymers IPO.
The Sah Polymers IPO’s closing date is 4 January 2023. The Sah Polymers IPO’s allotment date has been set five days later, on 9 January 2023.
Here’s a step-by-step guide on how to check the Sah Polymers IPO allotment status:
Open a demat account with Upstox to apply for the Sah Polymers IPO
To apply for the Sah Polymers IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the Sah Polymers IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the Sah Polymers IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the Sah Polymers IPO means applying for this public issue before it goes live. Click here to pre-apply for the Sah Polymers IPO on Upstox.
You can pre-apply for the Sah Polymers IPO from 29 December 2022. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
Apply for the Sah Polymers IPO on Upstox. You can also download our app and apply for the IPO.
The Sah Polymers IPO launch date is 29 December 2022. The Sah Polymers IPO will be open for subscription till 4 January 2023.
The Sah Polymers lot size is 230 shares and the minimum investment required is ₹14,030.
The Sah Polymers IPO price band is ₹61-₹65 per share.
The size of the Sah Polymers IPO is ₹66 crore.
You can place up to three bids for an application.
No, the bids have to be placed at one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
If shares are allotted, then they will be credited to your demat account on 11 January 2023.
Shares of Sah Polymers will list on BSE and NSE.
Sah Polymers shares’ listing date is 12 January 2023.