Sabar Flex India Limited is manufacturer & supplier of various types of Flexible Packaging materials which are generally used to package food, dairy, cosmetics, pharmaceuticals, chemicals & agricultural products, etc. The Company was incorporated as a Partnership Firm in 2007. The Companys operations involve manufacturing, processing, design, purchasing, selling, exporting, and importing packing cases, cartons, drums, boxes, cans, and containers, and wood boxes, plastic containers, polythene containers, bottles, hollow goods, cases, drums, cages, tins, tins, receptacles, tubes, boxes, packing cases, cans, bottles, vials, and more. Sabar Flex India Limited has three manufacturing units located in Gujarat.
The Sabar Flex India IPO dates are fixed, IPO is opening on September 8, closing on September 13, 2022. The Sabar Flex India IPO price band is fixed at Rs11 at 10000 shares in market. Sabar Flex India Limited (SFIL) is a producer and supplier of packing materials for the beverages, grocery, and fine dining industries.
They produce, design, export, and import cases, cartons, tins, boxes, wood boxes, plastic containers, bottles, tins, pails, cans, and jars, among others. The company has more than 20 years of experience. Their integrated design and customisation capabilities are combined with a high production capability (250MT/month). Sabar Flex India undertakes projects for redesigning, redesigning, and refurbishing institutions according to customer requirements. They are doing public projects by bidding, and private sector projects by a 1-to-1 consultation.
Some projects the firm has done are refurbishment of the Kerua Water Project, which was undertaken by the M.I. Division, Nalanda, at blocks-Giriyak, Sarmera, and Silao (government projects) and the Gautam Institute of Nursing, Gautam Institute of Pharmacy, Mata Sushila Institute of Education, Shantidoot Hospital, among others (private projects). You can check the subscription status of Sabar Flex India IPO and the allocation status of Sabar Flex India IPO at its respective pages.
The company is engaged in packaging products made of plastics that meet packaging requirements for different industries. Most of its products are of an industrial nature. Overall, the company provides 3 different products which are multi-layer films, printed laminates, and flexible packaging products (wrappers and bags). The printed laminates and Flexible packaging products are part of the Multilayer films alone, that are then trimmed according to customer requirements.
As the material for flexible packaging is mostly made up of plastics as the main raw material, he is committed to producing his products in an eco-friendly manner aiming for “Reuse, Recycle & Upcycle”. Its portfolio consists of mainly multi-color pouches, roll-up pouches, zippered pouches, vacuum packs, paper bags, eCommerce bags, etc. The company produces packing materials that are applicable to the packing of products manufactured in the food & beverages, e-commerce, pharmaceutical, sanitation and personal care, home industry, and agriculture industries.
Sabar Flex India IPO Allotment Status
| Sabar Flex India IPO Allotment Status (Allotment will be done on September 16, 2022) | Click Here |
Important Dates
| IPO Opening Date | September 8, 2022 |
| IPO Closing Date | September 13, 2022 |
| Basis of Allotment | September 16, 2022 |
| Initiation of Refunds | September 19, 2022 |
| Credit of Shares to Demat | September 20, 2022 |
| IPO Listing Date | September 21, 2022 |
Sabar Flex India IPO Details
| IPO Price Band | Rs.11 Per Equity Share |
| IPO Lot Size | Minimum 10000 shares for 1 lot |
| Minimum Amount | Rs.1,10,000 for 1 lot |
| IPO Size | Approx. Rs.4.48 Crores |
| Listing At | BSE, NSE |
| Offer for Sale | 4,070,000 Equity Shares |
| Retail Quota: | 50% |
| QIB Quota: | – |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Sabar Flex India IPO GMP (Grey Market Premium)
| Date | GMP | Kostak | Subject to |
| 10 September | – | – | – |
Sabar Flex India IPO Subscription Status Live
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | – |
| Non-Institutional Buyers | 116.46 |
| Retail Investors | 54.47 |
| Employees | – |
| Others | – |
| Total | 85.47 |
IPO Subscription Details (times)
Sabar Flex India IPO Subscription Details (times)
| Date | NII | Retail | Total |
|---|---|---|---|
| Day 1 Sep 8, 2022 | 1.11 | 0.90 | 1.01 |
| Day 2 Sep 9, 2022 | 2.97 | 2.53 | 2.75 |
| Day 3 Sep 12, 2022 | 3.70 | 7.93 | 5.81 |
| Day 4 Sep 13, 2022 | 116.46 | 54.47 | 85.47 |
Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 4090.92 | 6364.32 | 89.8 | 1258.44 | 158.49 |
| 31-Mar-21 | 5162.08 | 7397.88 | 139.84 | 1398.28 | 298.33 |
| 31-Mar-22 | 5187.24 | 7237.01 | 174.28 | 1572.56 | 472.61 |
Valuation – FY2022
| Earning Per Share (EPS): | Rs.1.58 per Equity Share |
| Price/Earning P/E Ratio: | 6.96 |
| Return on Net Worth (RoNW): | 10.00% |
| Net Asset Value (NAV): | Rs.14.30 per Equity Share |
Sabar Flex India IPO Review
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Objective of the Issue
- Funding the working capital requirements of the company
- General Corporate Purposes
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bighareonline.com
Website: http://www.bigshareonline.com
Peer Group
- Rajshree Polypack Ltd.
- TCPL Packaging Ltd.
- Polyplex Corporation Ltd.
Company Promoters
- Mr. Hikmatbahadur Krishnabahadur Kunwar
Company Address
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/
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