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

September 8, 2022 - September 13, 2022

Sabar Flex India IPO is a fixed price issue of Rs 4.48 crores. The issue is entirely a fresh issue of 40.7 lakh shares.

Sabar Flex India IPO bidding started from September 8, 2022 and ended on September 13, 2022. The allotment for Sabar Flex India IPO was finalized on Friday, September 16, 2022. The shares got listed on NSE SME on September 21, 2022.

Sabar Flex India IPO price is ₹11 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (20,000 shares) amounting to ₹220,000.

GYR Capital Advisors Private Limited is the book running lead manager of the Sabar Flex India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Sabar Flex India IPO RHP for detailed information.

Sabar Flex India IPO Details

IPO Date September 8, 2022 to September 13, 2022
Listing Date September 21, 2022
Face Value ₹10 per share
Price ₹11 per share
Lot Size 10000 Shares
Total Issue Size4,070,000 shares
(aggregating up to ₹4.48 Cr)
Fresh Issue4,070,000 shares
(aggregating up to ₹4.48 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion210,000 shares

Sabar Flex India IPO Reservation

Sabar Flex India IPO offers 4,070,000 shares. 1,930,000 (47.42%) to NII, 1,930,000 (47.42%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered210,000 (5.16%)
Other Shares Offered1,930,000 (47.42%)
Retail Shares Offered1,930,000 (47.42%)
Total Shares Offered4,070,000 (100%)

Sabar Flex India IPO Timeline (Tentative Schedule)

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

IPO Open Date Thursday, September 8, 2022
IPO Close Date Tuesday, September 13, 2022
Basis of Allotment Friday, September 16, 2022
Initiation of Refunds Monday, September 19, 2022
Credit of Shares to Demat Tuesday, September 20, 2022
Listing Date Wednesday, September 21, 2022
Cut-off time for UPI mandate confirmation 5 PM on September 13, 2022

Sabar Flex India IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹110,000
Retail (Max) 1 10000 ₹110,000
HNI (Min) 2 20,000 ₹220,000
Lot Size Calculator

Sabar Flex India IPO Promoter Holding

Mr. Hikmatbahadur Krishnabahadur Kunwar is the company promoter.

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

About Sabar Flex India Limited

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
Amount in ₹ Lakhs

Key Performance Indicator

Sabar Flex India IPO Market Cap is Rs 16.58 Cr and P/E (x) is 9.48.

KPI Values
P/E (x)9.48
Market Cap (₹ Cr.)16.58

Objects of the Issue (Sabar Flex India IPO Objectives)

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 Review (May apply)

[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...

Sabar Flex India IPO Subscription Status (Bidding Detail)

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

Sabar Flex India IPO Prospectus

Sabar Flex India IPO Rating

Rating:Rated 3.7 stars
Vote Here ...

Sabar Flex India IPO Listing Details

Listing Date September 21, 2022
BSE Script Code
Final Issue Price ₹11 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Sabar Flex India Limited Contact Details

Sabar Flex India Limited
B/1/104, Palledium,
Nr. Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar, Ahmedabad 380015
Phone: 9429111979

Sabar Flex India IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Sabar Flex India IPO - Buy or Not

Sabar Flex India IPO Recommendation Summary

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

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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 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 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 September 8, 2022 and closes on September 13, 2022.

Sabar Flex India IPO lot size is 10000 Shares, and the minimum amount required is ₹110,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sabar Flex India 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 India IPO allotment status.

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

Ranked Members of Forum  Ranked Members | Most Liked Members



157. PLAZA |   Link |  Bookmark |October 10, 2022 4:14:48 PM
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
sold @257 LUCKY ONE
156. Takamichi |   Link |  Bookmark |October 3, 2022 9:10:41 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Any idea about him?
He bought around 4.5 lakh share at 20-21 range last week and sold 2.7lakh today at 17.36..... just a normal buy and sell ?
155. Takamichi |   Link |  Bookmark |October 3, 2022 12:22:17 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Someome for sure is playing game out here 😅😅
154. GOPALAN |   Link |  Bookmark |September 29, 2022 2:36:20 PM
Seniors pls advice why it is not trading for the last 3 days pls
154.14. MRavichandran |   Link |  Bookmark |October 4, 2022 2:54:57 PM
IPO Guru IPO Guru (2000+ Posts, 2600+ Likes)
It broke LC finally... hope it sustains. yes bought good lots today

154.15. Sawant |   Link |  Bookmark |October 6, 2022 1:14:05 PM
@Mravi sir
operator game going on in Sabar.
Only you & Anant Sir 2 genuine investors are left. Hope it closes in green today for reversal.
153. Lvp |   Link |  Bookmark |September 25, 2022 8:55:19 PM
I have query, if I got one lot i have to sell whole lot or can sell half and hold remains share. Thanks
153.1. SuneelP |   Link |  Bookmark |September 29, 2022 9:41:19 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
You need to sell full lot.
152. GOPALAN |   Link |  Bookmark |September 21, 2022 1:33:41 PM
Icici direct not at all adviceable for SME ipo better to shift some other agency
152.1. Aman Prasad |   Link |  Bookmark |September 25, 2022 3:41:24 PM
How about zerodha?
151. Takamichi |   Link |  Bookmark |September 23, 2022 3:57:23 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Any idea about this company?
I see it coming into lot of bulk deals ....selling and buying to run the price up or down.....
Does it work with most of the LM?
150. IPOExperimenter |   Link |  Bookmark |September 23, 2022 11:45:59 AM
Somebody put a fake sell order of 450,000 shares, which has now been removed. Given the delivery volumes on day 1 and day 2, nobody could have those many shares. How did the broker allow the sale order then?
150.1. Yuchiro |   Link |  Bookmark |September 23, 2022 1:48:42 PM
Seems like that person is playing with it.... first put a big sell order at 19.95 and then removed it ans again out at 20.5 and removing it.... seems like either want to sell desperately or to build up the sell order from others and then buy more lots .....
150.2. IPOExperimenter |   Link |  Bookmark |September 23, 2022 2:05:01 PM
@Yuchiro, I understand that. But how is his broker allowing him to put that order because he doesn't have the shares in his account to fulfill that order?
149. NKD |   Link |  Bookmark |September 23, 2022 11:30:03 AM
Anant Aggarwal Ji, bought 520000 shares, yesterday... bulk deal data
148. Takamichi |   Link |  Bookmark |September 23, 2022 10:49:25 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Seems like operator or some big bear is pushing down the price
147. MRavichandran |   Link |  Bookmark |September 21, 2022 10:51:58 AM
IPO Guru IPO Guru (2000+ Posts, 2600+ Likes)
Bought preopen at 21 - 10 lots

147.11. MRavichandran |   Link |  Bookmark |September 21, 2022 10:54:56 PM
IPO Guru IPO Guru (2000+ Posts, 2600+ Likes)
I am holding Eighty Jewelers 1,35,000 shares at 41.17

147.12. Sawant |   Link |  Bookmark |September 22, 2022 11:22:33 AM
Some research sir btw thanks for reverting. @MRavi
Holding period for Sabar
146. arvindarvind |   Link |  Bookmark |September 21, 2022 3:22:20 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)

@ Ravi sir, Please give the target.
When you will sell?
146.1. MRavichandran |   Link |  Bookmark |September 21, 2022 7:27:36 PM
IPO Guru IPO Guru (2000+ Posts, 2600+ Likes)
Not intended to sell any time soon.
Kindly refer my response to voyager

146.2. arvindarvind |   Link |  Bookmark |September 21, 2022 7:44:16 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
Thanks a lot sir
145. Destiny Voyager |   Link |  Bookmark |September 21, 2022 4:05:16 PM
Respected Members

Please share your valuable suggestions
Have allotted 1 lot of Sabar and can hold for Short - Med term as well
Can see few members have added post listing as well

Looking for suggestions on this
(1) Sell Today
(2) Sell after Circuit limit increases
(3) Just Hold and forget

Thank You in Advance :)
145.1. GOPALAN |   Link |  Bookmark |September 21, 2022 4:40:46 PM
This issue share price was lower when compared to MEGAFLEX . Same business and subscription also looks good. I personally feel it will cross 35/- shortly. Now the balance111 lot shares are in the big hands like Ravi all the best
144. GOPALAN |   Link |  Bookmark |September 21, 2022 12:42:44 PM
Hi all
I am unable put sell order in ICICI DIRECT pls help us regarding SABARFLEX SELL IN ICICIDIRECT
144.3. crsl |   Link |  Bookmark |September 21, 2022 1:22:48 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Order can not be placed as exchange lower circuit limit above the upper limit given by ICICIDirect.
Try to contact customer care or your Authorized Representative or RM (if available in your dashboard)
Otherwise send complaint to with screen shot.

144.4. Avenue |   Link |  Bookmark |September 21, 2022 3:28:10 PM
Don't waste your time ICICI customer care, they are hopeless !
If you are a frequent seller at listing, better move out of ICICIDirect.
143. Traderjee |   Link |  Bookmark |September 21, 2022 12:25:33 PM
70% shares are sold in 1 and half hours...loose hands are sold...still strong buyers are there.. from tomorrow onwards it may give continuous upper circuit.
143.1. Yuchiro |   Link |  Bookmark |September 21, 2022 12:57:51 PM
Those r the innocent hands rather than loose hands..... the smart ones trap these innocent hands at higher level......
142. MehulStk |   Link |  Bookmark |September 21, 2022 10:49:26 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Anyone added ?
142.3. Takamichi |   Link |  Bookmark |September 21, 2022 11:27:51 AM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
@mehul how many lots have u applied here?
142.4. MehulStk |   Link |  Bookmark |September 21, 2022 11:51:40 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
@Takamichi I applied 33 lots was lucky to get the allotment, also added one more at @20.5
141. Trueinfo |   Link |  Bookmark |September 21, 2022 11:46:13 AM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Looks like heading for UC
140. CA Sunil |   Link |  Bookmark |September 21, 2022 11:29:15 AM
Sold @21 to wayparth to other members to earn money :d)
139. Goel M |   Link |  Bookmark |September 21, 2022 8:46:00 AM
Sell at listing..Promoters one company already listed JFL LIFE SCIENCE,

,,SELL Will get at lower price...
139.1. Goel M |   Link |  Bookmark |September 21, 2022 11:26:17 AM
Sell ..told at pre opening
138. Rathod |   Link |  Bookmark |September 21, 2022 10:52:48 AM
Saat din paisa double