Sah Polymers initial public offer (IPO) was opened for subscription from December 30 to January 04. The issue was subscribed 2.37 times on day 2. On day 3, the issue was subscribed 2.96 times by 11:00 AM on January 03. Click here to subscribe Sah Polymers IPO.
The portion set aside for retail investors and high networth individuals were fully booked on first day itself. Retail investors subscribed 9.95 times the allotted quota, while HNIs quota fetched 3.45 times bids. However, the quota reserved for qualified institutional buyers was subscribed 0.39 times.
Sah Polymers is Udaipur-based company which is primarily engaged in manufacturing and selling of polypropylene (PP)/ high density polyethylene (HDPE) FIBC bags, woven sacks, HDPE/PP woven fabrics and woven polymer based products.
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