Last day to subscribe Sah Polymers IPO: Check live subscription status

4 Jan 2023 , 11:01 AM

The Rs 66.3 crore-initial public offering (IPO) of Sah Polymers was subscribed 6.57 times on the last day of the bidding process on January 04 at 11.00 AM. The initial share-sale received bids for 3,68,46,690 shares against 56,10,000 shares on offer.  Click here to apply in the IPO.

The category meant for the Retail Individual Investors (RIIs) was subscribed 20.53 times, while the portion for non-institutional investors received 8.27 times subscription and Qualified Institutional Buyers (QIBs) 1.06 times.

The company will list on the stock exchanges NSE and BSE on Thursday, January 12.

The IPO of Sah Polymers consists of a fresh issue of 1,02,00,000 equity shares, with no offer for sale (OFS) component. The promoter Sat Industries, holds 91.79% stake in the company. The price range for the initial share sale is at ₹61-65 a share.