Sabar Flex India Limited is a manufacturer and supplier of all kinds of flexible packaging materials commonly used for packaging food, dairy, cosmetic, pharmaceutical, chemical and agricultural products etc. The company was established in 1932 as a partnership firm.
The company’s activities include acting as manufacturers, processors, designers, buyers, sellers, exporters, importers and other sellers of various packing boxes, cartons, drums, crates, cans and containers, as well as wooden boxes, plastic containers, polyethylene containers, bottles, hollow goods , crates, drums, cages, cans, bins, jars, tubes, crates, wrappers, cans, bottles, vials, etc.
Sabar Flex India Limited has three manufacturing facilities located in Gujarat.
Competitive Strengths
- Location Advantage.
- Strong management team and motivated and efficient work force.
- Quality Assurance.
- Research and Development capability.
Company Promoters
- Mr. Hikmatbahadur Krishnabahadur Kunwar
Company Financials
| Particulars | 31 Dec 2021 | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|---|
| Total Revenue | 4,112.91 | 7,397.88 | 6,364.32 | 3,617.07 |
| Total Expense | 4,001.48 | 7,208.83 | 6,242.80 | 3,512.57 |
| Profit Before Tax | 111.43 | 189.05 | 121.52 | 104.50 |
| Profit After Tax | 81.81 | 139.84 | 89.80 | 74.15 |
Object Of The Issue
- Funding the working capital requirements of the company.
- General Corporate Purposes
Sabar Flex India IPO – Details
| IPO Opening Date | 08 September 2022 |
| IPO Closing Date | 13 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹4.62 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹11 |
| Market Lot | 10000 Shares |
| Min Order | 10000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Sabar Flex India IPO – Date Schedule
| IPO Open Date | 08 September 2022 |
| IPO Close Date | 13 September 2022 |
| Basis of Allotment Date | 16 September 2022 |
| Initiation of Refunds | 19 September 2022 |
| Credit of Shares to Demat Account | 20 September 2022 |
| IPO Listing Date | 21 September 2022 |
Sabar Flex India IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 10000 | 1,10,000 |
| Maximum | 1 | 10000 | 1,10,000 |
Sabar Flex India IPO Promoter Holding
| Pre Issue Share Holding | 53.25% |
| Post Issue Share Holding | 39.00% |
Sabar Flex India IPO Prospectus
Company Contact Information
| Sabar Flex India Limited B/1/104, Palledium, Nr. Orchid Wood Opp. Divya Bhaskar, Corporate Road, Prahladnagar, Ahmedabad 380015 Phone: 9429111979 Email: info@sabarflex.in Website: http://www.sabarflex.com/ |
Sabar Flex India IPO Registrar
| Bigshare Services Private Ltd Phone: +91-22-6263 8200 Email: : ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
Sabar Flex India IPO Lead Manager(s)
| 1. GYR Capital Advisors Limited |
Sabar Flex India IPO FAQs
| What is Sabar Flex India IPO? Sabar Flex India IPO is a SME IPO. The issue is priced at ₹11 per equity share. The IPO is to be listed on NSE SME. |
| When Sabar Flex India IPO will open? The IPO is to open on 08 September 2022 for NII and Retail Investors. |
| What is Sabar Flex India IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Sabar Flex India IPO? You can apply Sabar Flex India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Sabar Flex India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Sabar Flex India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Sabar Flex India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Sabar Flex India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Sabar Flex India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Sabar Flex India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Sabar Flex India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Sabar Flex India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Sabar Flex India IPO Size? Sabar Flex India IPO size is ₹4.62 crores. |
| What is Sabar Flex India IPO Price Band? Sabar Flex India IPO Price Band is ₹11. |
| What is Sabar Flex India IPO Minimum and Maximum Lot Size? The minimum bid is 10000 Shares with ₹1,10,000 amount while the maximum bid is 10000 shares with ₹1,10,000. |
| What is the Sabar Flex India IPO Allotment Date? Sabar Flex India IPO allotment date is 16 September 2022. |
| What is the Sabar Flex India IPO Listing Date? Sabar Flex India IPO listing date is 21 September 2022. The IPO is to list on NSE SME. |
