Sabar Flex India IPO Details

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 DateSeptember 8, 2022
IPO Closing DateSeptember 13, 2022
Basis of AllotmentSeptember 16, 2022
Initiation of RefundsSeptember 19, 2022
Credit of Shares to DematSeptember 20, 2022
IPO Listing DateSeptember 21, 2022

Sabar Flex India IPO Details

IPO Price BandRs.11 Per Equity Share
IPO Lot SizeMinimum 10000 shares for 1 lot
Minimum AmountRs.1,10,000 for 1 lot
IPO SizeApprox. Rs.4.48 Crores
Listing AtBSE, NSE
Offer for Sale4,070,000 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)

DateGMPKostakSubject to
10 September

Sabar Flex India IPO Subscription Status Live

Investor CategorySubscription (times)
Qualified Institutions
Non-Institutional Buyers116.46
Retail Investors54.47
Employees
Others
Total85.47

IPO Subscription Details (times)

Sabar Flex India IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Sep 8, 2022
1.110.901.01
Day 2
Sep 9, 2022
2.972.532.75
Day 3
Sep 12, 2022
3.707.935.81
Day 4
Sep 13, 2022
116.4654.4785.47

Financial Report

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-204090.926364.3289.81258.44158.49
31-Mar-215162.087397.88139.841398.28298.33
31-Mar-225187.247237.01174.281572.56472.61

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

What our Expert say about Sabar Flex India IPO ReviewApply

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/

Sabar Flex India IPO FAQ

When Sabar Flex India IPO will open?

Sabar Flex India IPO will open from September 8, 2022.

What is Sabar Flex India IPO Size?

Sabar Flex India IPO size is Rupees 4.48 Crores.

What is Sabar Flex India IPO Price Band?

Sabar Flex India IPO Price Band is Rupees 11 Per share.

What is Sabar Flex India IPO Allotment Date?

Sabar Flex India IPO allotment date is September 16, 2022.

What is Sabar Flex India IPO Listing Date?

Sabar Flex India IPO Listing Date is September 21, 2022.

How to apply in Sabar Flex India IPO through Zerodha?

Visit the Zerodha website and login to Console. Then go to “Portfolio” section and click on IPO’s link. Go to the ‘Infurnia Holdings IPO’ row and click the ‘Bid’ button.
Now enter your UPI ID, Quantity, and Price. Then click on ‘Submit’ button. Visit the UPI App to approve the mandate.

What is Sabar Flex India IPO Closing Date?

Sabar Flex India IPO Closing Date is September 13, 2022.

When will Shares of Sabar Flex India credited to Demat Account?

Shares of Sabar Flex India will be credited to Demat Account on September 20, 2022.

Shall I subscribe to Sabar Flex India IPO or Avoid?

You should apply Infurnia Holdings Limited IPO.

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