Sabar flex india IPO is a manufacturer and supplier of all kinds of Flexible packaging materials commonly used for packing Food, Dairy, cosmetics, pharmaceuticals, Chemical & agriculture products.
Sabar flex india IPO – Overview
| IPO Dates | 8-13 sept 2022 |
| IPO Price | INR 11 per share |
| Fresh issue | 4,070,000 shares (INR 4.48 crore) |
| Offer For Sale | Nil |
| Total IPO size | 4,070,000 shares (INR 4.48 crore) |
| Minimum bid (lot size) | 10000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Sabar flex india IPO -Tentative Dates
| IPO Offer Opening Date | 08 September 2022 |
| IPO Closing Date | 13 September 2022 |
| Finalisation of Basis of Allotment | 16 September 2022 |
| Initiation of refunds | 19 September 2022 |
| Transfer of shares to demat accounts | 20 September 2022 |
| IPO Listing Date | 21 September 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
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.
Strengths:
- Strong management team and motivated and efficient work force
- Quality Assurance
- Research and Development capability
Objects of the Issue
- Funding the working capital requirements of the company
- General Corporate Purposes.
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 5187.24 | 5162.08 | 4090.92 |
| Total Revenue | 7237.01 | 7397.88 | 6364.32 |
| Profit After Tax | 174.28 | 139.84 | 89.8 |
Company Contact Information
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/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bighareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
- GYR Capital Advisors Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
