Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Sabar Flex IPO is a fixed price issue of ₹4.48 crores. The issue is entirely a fresh issue of 0.41 crore shares of ₹4.48 crore.
Sabar Flex IPO bidding started from Sep 8, 2022 and ended on Sep 13, 2022. The allotment for Sabar Flex IPO was finalized on Sep 16, 2022. The shares got listed on NSE SME on Sep 21, 2022.
Sabar Flex IPO price is ₹11.00 per share . The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (10000 shares). The minimum lot size investment for HNI is 2 lots (20,000 shares), amounting to ₹2,20,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Econo Broking Pvt.Ltd..
Refer to Sabar Flex IPO RHP for detailed Information.
| IPO Date | September 8, 2022 to September 13, 2022 |
| Listing Date | September 21, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹11 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 40,70,000 shares (aggregating up to ₹4.48 Cr) |
| Reserved for Market Maker | 2,10,000 shares Econo Broking Pvt.Ltd. (aggregating up to ₹0.2310 Cr) |
| Net Offered to Public | 38,60,000 shares (aggregating up to ₹4.25 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,09,99,524 shares |
| Share Holding Post Issue | 1,50,69,524 shares |
Sabar Flex India IPO offers total 40,70,000 shares. Out of which 19,30,000 (47.42%) allocated to NII, 19,30,000 (47.42%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,10,000 (5.16%) |
| NII (HNI) Shares Offered | 19,30,000 (47.42%) |
| Retail Shares Offered | 19,30,000 (47.42%) |
| Total Shares Offered | 40,70,000 (100.00%) |
Sabar Flex IPO opens on September 8, 2022, and closes on September 13, 2022.
| IPO Open Date | Thu, Sep 8, 2022 |
| IPO Close Date | Tue, Sep 13, 2022 |
| Tentative Allotment | Fri, Sep 16, 2022 |
| Initiation of Refunds | Mon, Sep 19, 2022 |
| Credit of Shares to Demat | Tue, Sep 20, 2022 |
| Tentative Listing Date | Wed, Sep 21, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 13, 2022 |
Investors can bid for a minimum of 10,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,10,000 |
| Retail (Max) | 1 | 10,000 | ₹1,10,000 |
| HNI (Min) | 2 | 20,000 | ₹2,20,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 IPO is ₹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...
| Listing Date | September 21, 2022 |
| BSE Script Code | |
| NSE Symbol | SABAR |
| ISIN | INE0DZ101013 |
| Final Issue Price | ₹11 per share |
| BSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹11.00 |
| Open | ₹21.00 |
| Low | ₹20.10 |
| High | ₹22.05 |
| Last Trade | ₹22.05 |
Sabar Flex India Ltd.
B/1/104, Palledium,
Nr. Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar,
Ahmedabad, Gujarat, 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
Sabar Flex IPO is a SME IPO of 40,70,000 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.
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 IPO using UPI as a payment gateway. Zerodha customers can apply in Sabar Flex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sabar Flex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sabar Flex IPO opens on September 8, 2022 and closes on September 13, 2022.
Sabar Flex IPO lot size is 10000, and the minimum amount required for application is ₹1,10,000.
You can apply in Sabar Flex IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sabar Flex 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 IPO allotment status.
The Sabar Flex IPO listing date is on Wednesday, September 21, 2022.
Useful Articles
RHP