Sabar Flex India IPO

Sabar Flex India IPO

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 namesabar Flex India Limited
SectorPlastic products
IndustryPlastic products-Packing

Dates to remember

IPO Opening date08 September 2022
IPO Closing13 September 2022
Basis of Allotment16 September 2022
Initiation Refunds19 September 2022
Credit to Demat Account20 September 2022
Listing Date21 September 2022

Sabar Flex IPO Details

Subscription Dates8 – 13 September 2022
Issue TypeFixed Price Issue
Price BandINR 11 per share
Fresh issue40,70,000 shares (INR4.48 crore)
Offer For SaleNil
Total IPO size40,70,000 shares (INR4.48 crore)
Minimum bid (lot size)10,000 share
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Sabar Flex India IPO Lot Size

Retail (Min)110000₹110,000
Retail (Max)110000₹110,000

Sabar Flex Financial Performance

Net income0.901.401.74
(Figures are in ₹ Lakhs)

Sabar Flex Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio6.96
RONW (%)7.1410.0014.78
Debt/Equity ratio0.360.520.53
EBITDA (%)5.706.026.58

Company Promoters

  • Mr Hikmatbahadur Krishnabahadur Kunwar

Sabar Flex India IPO Promoter Holding

Pre Issue Share Holding53.25%
Post Issue Share Holding39.00%

Lead Manager(s)

  • GYR Capital Advisors Limited

Sabar Flex IPO Registrar

E-3 Ansa Industrial Estate
Saki Vihar Road Sakinaka
Mumbai 400072
Phone: +91 22 6263 8200

Sabar Flex IPO Contact Details

B/1/104, Palladium,
Nr. Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar
Ahmedabad- 380015, Gujarat,
Phone: +91 9429111979

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

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