IPO Issue Details
Issue Price / Price Band₹11 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size40,70,000 shares (aggregating up to ₹4.48 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 08 Sep 2022
Subscription CloseTue, 13 Sep 2022
Anchor AllotmentWed, 07 Sep 2022
Basis of AllotmentFri, 16 Sep 2022
Initiation of RefundsMon, 19 Sep 2022
Credit of Shares to DematTue, 20 Sep 2022
Listing DateWed, 21 Sep 2022
UPI Mandate Deadline2022-09-13
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 10,000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 20,000 shares
P/E Ratio (Pre-IPO)9.48x
Net Offer to Public38,60,000 shares (aggregating up to ₹4.25 Cr)
Reserved for Market Maker2,10,000 shares (aggregating up to ₹0.2310 Cr)
Pre-IPO Promoter Holding1,09,99,524 shares
Post-IPO Promoter Holding1,50,69,524 shares
About Sabar Flex India Ltd.
Sabar Flex India Limited is a manufacturer and supplier of all kinds of Flexible packaging materials commonly used for packing Food, Dairy, cosmetics, pharmaceuticals, Chemical & agriculture products etc. The company was incorporated in 2007 as a Partnership Firm.The company's operations include manufacturing, processing, designing, buying, selling, exporting, and importing packing cases, cartons, drums, crates, cans, and containers, as well as wooden boxes, plastic containers, polythene containers, bottles, hollow wares, cases, drums, cages, tins, bins, jars, tubes, crates, packing cases, cans, bottles, vials, etc.Sabar Flex India Limited has three manufacturing plants located in Gujarat.Competitive Strengths :Location AdvantageStrong management team and motivated and efficient work forceQuality AssuranceResearch and Development capability
Objects of the Issue
Sabar Flex India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding the working capital requirements of the company
3.10
2
2 General Corporate Purposes
0.90
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,09,99,524 shares
Post-IPO Promoter Holding
1,50,69,524 shares