Sah Polymers IPO opens today: Check live subscription details

30 Dec 2022 , 11:03 AM

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.