Sah Polymers Limited IPO Message Board (Page 10)

The anchor list has been published
Can anyone give some info about the three anchor funds

Not inspring basis their holding in other companies

@arunArun. Thanks for your help as I am expecting atleast 1 lot for this IPO.

What is SEBI rules or guidelines or deadline for result of newly listing company likes uniparts sah polimers yet pending Q2/2022 results ?

If your issue comes 45 days after quarter end then you need not declare that quarter result
However next year you would have to give that quarters result
Strange but that is what it is

Anchor list

They do not have their letter head in printed form.first time seeing this type of list.

Non inspring anchor names basis their holding in other companies. In one word JUGADU

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Already told Apply FF

I didn't got any allotment..
But was convinced that it was good to apply

Fix 275

First day first show

Anchor list

This type of ipos always gave good return in past, the only risk is to get a chance to exit, because its a play of uc and lc after listing, but its sure that on listing it will make uc, I will apply

1. Present across 6 states and union territory with long term B2B relationships.
2. Internationally SPL supplies its products in 14 countries covering regions of Africa, Middle East, Europe, USA, Australia and the Caribbean.
3. SPL is a recognised Star Export House
4. Currently in the process of setting up a new manufacturing facility to manufacture with the additional capacity of 3,960 MT for new variants of FIBC bags with higher filling capacity of up to 2,000 KGs per bag.
5. Loom capacity running above 75% for the past 3 years.
6. Tape plant capacity running above 70% for the past 3 years.
7. SPL is planning to improve margin profiles by:
o Being a single roof value added offering company,
o Reducing cost through in-house manufacturing
o Penetrating the high growth segments of bulk capacity FIBC bags

Hello IPO GURU
Please help by sharing your knowledge
1)kya QIB kya koi rule nahi hota anchor investor ki jese
2)QIB ka ratio jyada hoto achha ya Kam ho to achha (as per retail perspective)
Kyuki iss ipo me 66 cr mese 50 cr to QIB ke paas hi Jane vale he hni ke paas 9.9 cr aur retail ke pass 6 cr
3)FII participate kr skte he QIB me ipo me?

Thank you 🙏

There is no qib rule like anchor rule. They can sell as and when they want
QIB ka ratio 10 tak jyada achha hain as when this ratio crosses 20 then no one is left with worthwhile holding compared to market cap. So selling comes from QIB as they don't want to carry small holding
FII are also QIB of a type. Except real estate companies issue (holding land) they can particiate in most of the issues

A relatively very small IPO. Only about 25 lakh shares will be available for trade in initial days. Profit making export oriented company putting money in right areas. Ofcourse still a risky bet... But contemplating applying here..... Let's see how the subscription goes.....
Not recommending anything though.

@justalearner
Kya QIB phele din bech nahi skti?

Good IPO
Apply for short term gain.
It will list in t2t group
5% UC on listing day.

What you find wrong in this company ?
Planning for new unit and Profit growth is there.
On listing day you will see huge buyer for this IPO and sure about 5 % UC.
I will apply ..

It is easy for operators to manipulate the share price due to low liquidity of shares. Going to stuck up at UC or LC depending on market conditions.

@Admin plz correct.

Same problem on some other pages also like Radiant cash, Anlon!

From the management: in analyst call meeting....
Nearly all capex for the time being done
Capacity being doubled. Production from this new capacity enhancement to commence from Jan 2023.
Capacity enhancement is being done to start production of niche segment products
Export recently started to USA.
Other markets include all major European countries, Middle East and some African countries.
No single use plastics in their product portfolio. All products are 100% multiple use and fully recyclable.
They have marketing rights of IOCL polymer products in Haryana n Rajasthan
Most debt is from promotor company
About 19 cr to be used to repay debt
Around 8.5 cr to be used for capacity enhancement that is currently in process
50% revenue from export presently
Export component expected to rise to 80%
They claim to be doubling revenue every 3 to 4 years.
Management is in the hands of 30-35 yr young team
About the wilful defaulter tag of a group company...they say this company Aeroflex was acquired by their group as a stressed company and was wilful defaulter when it was with previous management. Now they claim all the debts and liabilities have been cleared and the company is on its way to be the segment leader.
Current promoter holding is 100% that will be diluted after this IPO to 69%
They are aiming for a Market cap of around 160 crores at the upper band post IPO.

Overall it's a OK-OK. A small size and subsequent quota for retail could work in its favour.
No Recommendation, no soliciting. Don't Argue.

Also as a precaution, let's wait for anchor names.
It would give some hint of future course of action to be taken.

Word of caution:
If this corona subsides then we can see some action in primary market. Till then tread carefully.
Money saved is money earned.

A perfect candidate...

This group is related to Peacock industries with chequered history. Not inspiring

Nothing lucrative for me in this ipo

Thanks new member :)

One positive thing about market correction is future IPOs are likely to be priced reasonably and leave something on the table . Also Investors should shun high priced IPOs and make them Flops and thereby teach a lesson to greedy promotors.

Even if retailers shun, QIBs would be their to make a bad IPO successful.

Tiny company and tiny issue. Will require special industry knowledge and skills to audit this IPO, but with whatever information is available right now with RHP and the fact of 10% retail quota, I'll wait for 3rd day subscriptions to decide. Anything above 10x QIB is a green signal for listing day pop due to NY 2023 exuberance. Thanks.

Promoter Co. up by 10%!

https://www.google.com/search?q=sat+industries+share+price&source=hp&ei=2E6pY7DdGuvC4-EPnlU&oq=Sat+in&gs_lcp=ChFtb2JpbGUtZ3dzLXdpei1ocBABGAAyBQgAEIAEMgUIABCABDIFCAAQgAQyCwguEIAEEMcBENEDMgUIABCABDIFCAAQgAQyCwguEIAEEMcBEK8BMgUIABCABDoICCkQgAQQsQM6BQgpEIAEOgsIKRCABBCxAxCDAToCCCk6DggAEI8BEOoCEIwDEOUCOgsIABCABBCxAxCDAToRCC4QgwEQxwEQsQMQ0QMQgAQ6CAguEIMBELEDOgUILhCABDoICAAQsQMQgwE6CAgAEIAEELEDOggILhCxAxCDAToOCC4QrwEQxwEQkgMQgAQ6CAgAEIAEEMkDOgUIABCSA1CZB1i5GGDgJGgAcAB4AIABhAKIAaMMkgEDMi03mAEAoAEBsAEX&sclient=mobile-gws-wiz-hp

Back to back UC for Sat Industries, promoter of Sah Polymers.

Some data points from RHP
-Avg cost of acquisition of promoters ~13 rs
- Domestic revenue mainly from 2 states only Haryana and Rajasthan (15% & 26%)
-20 cr of IPO money would be to used to pay debt
-EMMBI industries is biggest listed peer haivng 435 cr revenues and ~11% EBITDA
-Packaging industry expected to grow by 6.5% CAGR for 2022-27

Sah Polymers Limited's Virtual Analysts’ & Brokers’ IPO Conference : 26th December, 2022 @ 4:30 pm

Link: https://us06web.zoom.us/webinar/register/WN_bBTFE8XeTJKxQ2aUzDI5TQ