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Sabar Flex India IPO is a fixed price issue of Rs 4.48 crores. The issue is entirely a fresh issue of 40.7 lakh shares.
Sabar Flex India IPO bidding started from September 8, 2022 and ended on September 13, 2022. The allotment for Sabar Flex India IPO was finalized on Friday, September 16, 2022. The shares got listed on NSE SME on September 21, 2022.
Sabar Flex India IPO price is ₹11 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (20,000 shares) amounting to ₹220,000.
GYR Capital Advisors Private Limited is the book running lead manager of the Sabar Flex India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Sabar Flex India IPO RHP for detailed information.
| IPO Date | September 8, 2022 to September 13, 2022 |
| Listing Date | September 21, 2022 |
| Face Value | ₹10 per share |
| Price | ₹11 per share |
| Lot Size | 10000 Shares |
| Total Issue Size | 4,070,000 shares (aggregating up to ₹4.48 Cr) |
| Fresh Issue | 4,070,000 shares (aggregating up to ₹4.48 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,999,524 |
| Share holding post issue | 15,069,524 |
| Market Maker portion | 210,000 shares |
Sabar Flex India IPO offers 4,070,000 shares. 1,930,000 (47.42%) to NII, 1,930,000 (47.42%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 210,000 (5.16%) |
| Other Shares Offered | 1,930,000 (47.42%) |
| Retail Shares Offered | 1,930,000 (47.42%) |
| Total Shares Offered | 4,070,000 (100%) |
Sabar Flex India IPO opens on September 8, 2022, and closes on September 13, 2022.
| IPO Open Date | Thursday, September 8, 2022 |
| IPO Close Date | Tuesday, September 13, 2022 |
| Basis of Allotment | Friday, September 16, 2022 |
| Initiation of Refunds | Monday, September 19, 2022 |
| Credit of Shares to Demat | Tuesday, September 20, 2022 |
| Listing Date | Wednesday, September 21, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 13, 2022 |
Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹110,000 |
| Retail (Max) | 1 | 10000 | ₹110,000 |
| HNI (Min) | 2 | 20,000 | ₹220,000 |
| Lot Size Calculator | |||
Mr. Hikmatbahadur Krishnabahadur Kunwar is the company promoter.
| Share Holding Pre Issue | 53.25% |
| Share Holding Post Issue | 39.00% |
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 :
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 4090.92 | 6364.32 | 89.8 | 1258.44 | 158.49 |
| 31-Mar-21 | 5162.08 | 7397.88 | 139.84 | 1398.28 | 298.33 |
| 31-Mar-22 | 5187.24 | 7237.01 | 174.28 | 1572.56 | 472.61 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Sabar Flex India IPO is Rs 16.58 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 9.48 |
The company proposes to utilize the funds which are being raised through this Issue towards the following objects:
a) Funding the working capital requirements of the company
b) General Corporate Purposes
[Dilip Davda] SFIL has posted an average track record with a static top line and some increase in its bottom lines. Based on its financial data, the issue appears fully priced. It operates in a highly competitive and fragmented segment. The sustainability of margins is a major concern. Well-informed, risk seeker/cash surplus investors may consider an investment. Read detail review...
The Sabar Flex India IPO is subscribed 85.47 times on September 13, 2022 7:00:00 PM. The public issue subscribed 54.47 times in the retail category, times in the QIB category, and 116.46 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 116.46 |
| Retail | 54.47 |
| Total | 85.47 |
| Listing Date | September 21, 2022 |
| BSE Script Code | |
| NSE Symbol | SABAR |
| ISIN | INE0DZ101013 |
| Final Issue Price | ₹11 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹11.00 |
| ₹21.00 |
| ₹20.10 |
| ₹22.05 |
| ₹22.05 |
Sabar Flex India Limited
B/1/104, Palledium,
Nr. Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar, Ahmedabad 380015
Phone: 9429111979
Email: info@sabarflex.in
Website: http://www.sabarflex.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bighareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Sabar Flex India IPO is a SME IPO of 4,070,000 equity shares of the face value of ₹10 aggregating up to ₹4.48 Crores. The issue is priced at ₹11 per share. The minimum order quantity is 10000 Shares.
The IPO opens on September 8, 2022, and closes on September 13, 2022.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sabar Flex India IPO using UPI as a payment gateway. Zerodha customers can apply in Sabar Flex India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sabar Flex India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sabar Flex India IPO opens on September 8, 2022 and closes on September 13, 2022.
Sabar Flex India IPO lot size is 10000 Shares, and the minimum amount required is ₹110,000.
You can apply in Sabar Flex India IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Sabar Flex India IPO will be done on Friday, September 16, 2022, and the allotted shares will be credited to your demat account by Tuesday, September 20, 2022. Check the Sabar Flex India IPO allotment status.
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