-- / 230 shares
61 - 65
₹ 66.30 Cr
61 - 65
Retail Gain/Listing Gain
Sah Polymers Limited is an ISO 9001:2015 certified company, primarily engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) FIBC Bags, Woven Sacks,HDPE/PP woven fabrics, based products of different weight, sizes and colours as per customers specifications.
It offers customised bulk packaging solutions to business-to-business (B2B) manufacturer catering to different industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry, Textile Industry Ceramic Industry and Steel Industry. Besides, the company is a Del Credere Associate cum Consignment Stockist (DCA/ CS) of Indian Oil Corporation Limited and also operates as Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division.
The company enters into arrangements as third-party manufacturers to manufacture its tape and fabric based on customers’ requirements.
It has two business divisions:
The company has presence in 5 states and 1 union territory for its domestic market based on sales made for the three months ended June 30, 2022 and FY 2022, respectively. Internationally it exports products to 14 countries such as Algeria, Togo, Ghana, Poland, Portugal, France, Italy,Dominican Republic, USA, Australia,UAE, Palestine, UK and Ireland.
Presently, it has one manufacturing facility with installed production capacity of 3960 m.t. p.a. located at Udaipur,Rajasthan.
Over the years, the company has made investments, from time to time, in its manufacturing infrastructure to support their product portfolio requirements and its reach. Furthermore, in line with its strategic expansion plans, it intends to use part of Net Proceeds to establish a new facility with an additional installed capacity of 3960 m.t p.a. to manufacture different variants of FIBC products.
Here are a few strategies Sah Polymers Limited has for its business:
Setting up a new manufacturing facility to widen product portfolio and increase capacity
Increase customer network in existing markets and enter new geographical markets
Carefully evaluate and pursue accretive acquisitions
And finally here’s a look at key financials of Sah Polymers Limited.
Particulars (in Rs. million)
How to apply for IPO through ASBA
The Sah Polymers Limited IPO has an issue size of Rs. 66.3 crores. The IPO opens for subscription on 30th December and ends on 04th January.
The allotment dates are yet to be announced.
Link Intime India Private Limited is the registrar for this IPO.