Sabar Flex India IPO will open for subscription from 08 September 2020. the company aims for an issue size of ₹4.48 Cr through this Fixed price issue IPO.
Sabar Flex India Limited
The company is in the business of packaging products made from plastics that cater to the packaging requirements of various industries. Most of its products are industrial in nature. Overall, the company supplies a total of 3 different products, that is, Multilayer films, Printed laminates, and Flexible packaging products (pouches and bags).
Printed laminates and flexible packaging products are part of Multilayer film only which are later on cut as per the requirement of the customer. Since flexible packaging material predominantly consists of plastic as a major raw material, it aims to manufacture its products sustainably by aiming towards “Reuse, Recycle and Upcycle”.
Its product portfolio largely consists of multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, e-commerce bags, etc. The company manufactures packaging materials suitable for packaging products manufactured in the food and beverage industry, e-commerce industry, pharmaceutical industry, hygiene, and personal care industry, household industry, and agricultural industry.
Major Competitive Strengths
- The strong management team and motivated and efficient workforce.
- Quality Assurance.
- Research and Development capability.
Objects of the Issue
- Funding the working capital requirements of the company.
- General Corporate Purposes.
Basic details about the company
| Full name | sabar Flex India Limited |
| Sector | Plastic products |
| Industry | Plastic products-Packing |
| Company Website | www.sabarflex.com |
Dates to remember
| IPO Opening date | 08 September 2022 |
| IPO Closing | 13 September 2022 |
| Basis of Allotment | 16 September 2022 |
| Initiation Refunds | 19 September 2022 |
| Credit to Demat Account | 20 September 2022 |
| Listing Date | 21 September 2022 |
Sabar Flex IPO Details
| Subscription Dates | 8 – 13 September 2022 |
| Issue Type | Fixed Price Issue |
| Price Band | INR 11 per share |
| Fresh issue | 40,70,000 shares (INR4.48 crore) |
| Offer For Sale | Nil |
| Total IPO size | 40,70,000 shares (INR4.48 crore) |
| Minimum bid (lot size) | 10,000 share |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Sabar Flex India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹110,000 |
| Retail (Max) | 1 | 10000 | ₹110,000 |
Sabar Flex Financial Performance
| FY2020 | FY2021 | FY2022 | |
| Revenue | 63.59 | 73.92 | 72.36 |
| Expenses | 62.43 | 72.09 | 70.70 |
| Net income | 0.90 | 1.40 | 1.74 |
Sabar Flex Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.82 | 1.27 | 1.58 |
| PE ratio | – | – | 6.96 |
| RONW (%) | 7.14 | 10.00 | 14.78 |
| NAV | 11.44 | 12.71 | 14.30 |
| Debt/Equity ratio | 0.36 | 0.52 | 0.53 |
| EBITDA (%) | 5.70 | 6.02 | 6.58 |
Company Promoters
- Mr Hikmatbahadur Krishnabahadur Kunwar
Sabar Flex India IPO Promoter Holding
| Pre Issue Share Holding | 53.25% |
| Post Issue Share Holding | 39.00% |
Lead Manager(s)
- GYR Capital Advisors Limited
Sabar Flex IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
E-3 Ansa Industrial Estate
Saki Vihar Road Sakinaka
Mumbai 400072
Phone: +91 22 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Sabar Flex IPO Contact Details
SABAR FLEX INDIA LIMITED
B/1/104, Palladium,
Nr. Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar
Ahmedabad- 380015, Gujarat,
Phone: +91 9429111979
Email: info@sabarflex.in
Website: www.sabarflex.com
Sabar Flex IPO Allotment Status
Sabar Flex IPO allotment will be available on Bigshare Services’ website.
Click on this link to get allotment status.
Final thoughts
Sabar Flex India IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
