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Sabar Flex India Limited IPO (Sabar Flex India IPO) Detail

Sep 8, 2022 - Sep 13, 2022

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 :

  • Location Advantage
  • Strong management team and motivated and efficient work force
  • Quality Assurance
  • Research and Development capability

Company Financials

Sabar Flex India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-204090.926364.3289.81258.44158.49
31-Mar-215162.087397.88139.841398.28298.33
31-Mar-225187.247237.01174.281572.56472.61
Amount in ₹ Lakhs

Objects of the Issue

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

Sabar Flex India IPO Details

Sabar Flex India IPO Date Sep 8, 2022 to Sep 13, 2022
Sabar Flex India IPO Face Value ₹10 per share
Sabar Flex India IPO Price ₹11 per share
Sabar Flex India IPO Lot Size 10000 Shares
Issue Size4,070,000 shares of ₹10
(aggregating up to ₹4.48 Cr)
Fresh Issue4,070,000 shares of ₹10
(aggregating up to ₹4.48 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company Promoters

Mr. Hikmatbahadur Krishnabahadur Kunwar is the company promoter.

Sabar Flex India IPO Timeline (Tentative Timetable)

Sabar Flex India IPO opens on Sep 8, 2022, and closes on Sep 13, 2022. The Sabar Flex India IPO bid date is from Sep 8, 2022 10.00 A.M. to Sep 13, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Sabar Flex India IPO Opening Date Sep 8, 2022
Sabar Flex India IPO Closing Date Sep 13, 2022
Basis of Allotment Sep 16, 2022
Initiation of Refunds Sep 19, 2022
Credit of Shares to Demat Sep 20, 2022
Sabar Flex India IPO Listing Date Sep 21, 2022

Sabar Flex India IPO Lot Size

The Sabar Flex India IPO lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹110,000).

Application Lots Shares Amount
Retail (Min) 1 10000 ₹110,000
Retail (Max) 1 10000 ₹110,000

Sabar Flex India IPO Promoter Holding

Pre Issue Share Holding 53.25%
Post Issue Share Holding 39.00%

Sabar Flex India IPO Review

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...


Sabar Flex India IPO Subscription Status (Bidding Detail)

The Sabar Flex India IPO is subscribed 85.47 times on Sep 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)

CategorySubscription (times)
NII116.46
Retail54.47
Total85.47

Sabar Flex India IPO Prospectus

Sabar Flex India IPO Rating

224
3.7
Rating:Rated 3.7 stars
Vote Here ...

Sabar Flex India IPO Listing Date

Listing Date Wednesday, September 21, 2022
BSE Script Code
NSE Symbol SABAR
Listing In ST Group of Securities
ISIN INE0DZ101013
IPO Price ₹11 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹11.00
Open: ₹21.00
Low: ₹20.10
High: ₹22.05
Last Trade: ₹22.05

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/

Sabar Flex India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bighareonline.com
Website: http://www.bigshareonline.com

Sabar Flex India IPO Review

Sabar Flex India IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 6 0 0

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IPO Broker Recommendations

Sabar Flex India IPO FAQs

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 Sep 8, 2022, and closes on Sep 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sabar Flex India IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Sabar Flex India IPO opens on Sep 8, 2022 and closes on Sep 13, 2022.

Sabar Flex India IPO lot size is 10000 Shares and the minimum order quantity is .

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sabar Flex India IPO will be done on Sep 16, 2022, and the allotted shares will be credited to your demat account by Sep 20, 2022. Check the Sabar Flex India IPO allotment status.

The Sabar Flex India IPO listing date is on Wednesday, September 21, 2022.
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