Sah Polymers IPO allotment today: Here’s how to check

9 Jan 2023 , 08:57 AM

The Rs 66.30 crore initial public offer (IPO) of Sah Polymers was floated on 30 December and concluded on 4 January 2023. The issue has received an overall subscription of 17.46 times in which the retail potion was subscribed 39.78 times. The portion reserved for non-institutional investors (NIIs) received 32.69 times the subscription whereas the portion for qualified institutional buyers (QIBs) was subscribed 2.4 times.

The share allotment of Sah Polymers IPO is likely to take place today, January 09, 2023. Successful bidders will be allotted shares of the company, and initiation of refunds for unsuccessful bidders will start by Tuesday, January 10. To check the allotment status of the IPO, go to BSE website and enter PAN as well as application details.

Investors can also check the allotment status on the website of registrar of the IPO, Link Intime. Here select the company and enter the asked details to get allotment status.

Incorporated in 1992, Sah Polymers provides customised bulk packaging solutions for business-to-business (B2B) manufacturers. It serves industries like cement, food products, chemicals, and textiles.