The initial public offer of polymer manufacturer Sah Polymers has opened for subscription on December 30. The company has fixed the price band of the offer at Rs 61-65 per share. Investors can apply for 230 equity shares in a lot.
Check the live subscription details of the IPO at 11:00 AM on December 30 in the table below:
| Category | No.of shares offered | No. of shares bid for | No. of times of total meant for the category |
| Qualified Institutional Buyers (QIBs) | 30,60,000 | – | 0.00 |
| Non Institutional Investors(NIIs) | 15,30,000 | 1,07,180 | 0.07 |
| Retail Individual Investors (RIIs) | 10,20,000 | 4,77,710 | 0.47 |
| Total | 56,10,000 | 5,84,890 | 0.10 |
(Source: BSE)
Sah Polymers IPO consists of fresh issue of equity shares worth Rs 66.3 crore. The 75% of the issue is reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs) and the remaining 10% for retail investors.
The company is expected to list on BSE and NSE on January 12.
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