The Sabar Flex India IPO has begun on 08 Sep 2022. It will close on 13 Sep 2022. The Total IPO Size is 4.48 Crore. The company set its IPO price is 11 Rs Per Share. Basically, there are two basic categories in Sabar Flex India IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).
Sabar Flex India is established in 1932.
Sabar Flex India in the business of packaging products made from plastics which caters to the packaging requirements of
various industries. Most of the Company’s existing products are industrial in nature.
Overall, The Company supplies total 3 different products, that is Multilayer films, Printed laminates, and flexible packaging products (pouches and bags).
Printed laminates and flexible packaging products are part of Multilayer film only which are later on cut as per requirement of customer. Since, flexible packaging material predominantly consists of plastic as a major raw material, The aim to manufacture our products sustainably by aiming towards “Reuse, Recycle and Upcycle”.
Check :- Upcoming SME IPO 2022
Company Strengths
1) Location Advantage
2) Diversified customer base
3) Strong management team and motivated and efficient work force
4) Quality Assurance
5) Research and Development capability
Sabar Flex India IPO Promotors
1) Hikmatbahadur Krishnabahadur Kunwar
Peers company
1) Polyplex Corporation Ltd.
2) TCPL Packaging Ltd
3) Rajshree Polypack Ltd
Objects of the Issue
1) Funding the working capital requirements of the company
2) General Corporate Purposes
Sabar Flex India IPO Date, Details & Price Band
| IPO Opening Dates | 8 Sep 2022 |
| IPO Closing Dates | 13 Sep 2022 |
| Price Band | 11 Rs Per Share |
| Fresh issue | 4.48 Crore |
| Offer for Sale | NIL |
| Total IPO size | 4.48 Crore |
| Minimum bid (lot size) | 10000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | NSE SME |
Sabar Flex India IPO Market Lot
The Sabar Flex India IPO minimum market lot is 10000 shares With 1,10,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 10000 | 1,10,000 Rs |
| Maximum | 1 | 10000 | 1,10,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| 31-Mar-22 | 5187.24 | 7237.01 | 174.28 | 1.58 |
| 31-Mar-21 | 5162.08 | 7397.88 | 139.84 | 1.27 |
| 31-Mar-20 | 4090.92 | 5187.24 | 89.8 | 0.82 |
Sabar Flex India IPO GMP & Grey Market Premium
Sabar Flex India IPO GMP/Grey market premium has been started today. Check Latest Sabar Flex India IPO GMP, Kostak Rates and Subject to Sauda Price here.
Sabar Flex India IPO Prospectus
| DRHP | Download |
| RHP | Download |
Sabar Flex India IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Sabar Flex India IPO Form Download
Sabar Flex India IPO available on NSE Website as well as on our Portal. Please click here Sabar Flex India IPO form Download.
Sabar Flex India IPO Allotment Date & Details
| Allotment Date | 16 Sep 2022 |
| Initiation of refunds | 19 Sep 2022 |
| Transfer of shares to Demat accounts | 20 Sep 2022 |
| Listing Date | 21 Sep 2022 |
| Check Allotment Status | Click here |
Registrar of Sabar Flex India IPO
BIGSHARE SERVICES PRIVATE LIMITED
Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093
Contact Person: Mr. Swapnil Kate
Telephone: 022-62638200
Email: [email protected]
Sabar Flex India Contact Details
B/1/104, Palledium,
Nr. Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar, Ahmedabad 380015
Phone: 9429111979
Email: [email protected]
Sabar Flex India IPO Lead Managers
GYR CAPITAL ADVISORS PRIVATE LIMITED
(Formerly known as Alpha Numero Services Private
Limited)
428, Gala Empire, Near T.B. Tower Drive In Road,
Thaltej, Ahmedabad – 380054, Gujarat, India
Tel No.: +91 95375 94321
Fax No.: N.A.
Email:[email protected]
Website:www.gycapitaladvisors.com
Investor Grievance Email:[email protected]
Contact Person: Mr. Yash Doshi
SEBI Registration No.: INM000012810
