Sep 8 2022 IPO
Sabar Flex India Limited IPO is a manufacturer and supplier of all kinds of Flexible packaging materials commonly used for packing Food, Dairy, cosmetics, pharmaceuticals, Chemical & agriculture products etc.https://bit.ly/3BigGfd
The company was incorporated in 1932 as a Partnership Firm.The company’s operations include manufacturing, processing, designing, buying, selling, exporting, and importing packing cases, cartons, drums, crates, cans, and containers, as well as wooden boxes, plastic containers, polythene containers, bottles, hollow wares, cases, drums, cages, tins, bins, jars, tubes, crates, packing cases, cans, bottles, vials, etc
The Sabar Flex India IPO has begun on 08 Sep 2022. It will close on 13 Sep 2022. The Total IPO Size is 4.48 Crore. The company set its IPO price is 10 Rs Per Share. Basically, there are two basic categories in Sabar Flex India IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).Upstox.com
Hikmatbahadur Krishnabahadur Kunwar, aged 51 years, is the Managing Director and promoters of the Company. He holds bachelor’s degree in business administration from Gujarat University. He also holds a graduation degree in commerce.
He holds a diploma in computer training from ACT Computer Education and a post-graduate diploma in international business from University of Salford. He has experience of around 13 years in flexible packaging industry. He is associated with the company since its incorporation
ii. Manoj Kumar Agarwal, aged 49 years, is Executive Director of the Company. He has completed graduation from Ajmer University. He has experience of arounf 5 years in the packaing industry. He is associated with the company since incorporation. iii. Sonalbahen Pratik Bhatt, aged 34 years, is Additional Non-Executive Director the Company. She is a law graduate from Hemchandracharya North Gujarat University. She is a member of Bar Councile of Gujarat. She has expeience of around 8 years in practice of law. She is associated with the company since February 17, 2022.
Sabar Flex India is promoted by Mr. Hikmatbahadur K. Kunwar. At present look after the overall management, day to day affairs and is the guiding force behind the strategic decisions of the Company. His industry knowledge and understanding of the current market situation enables us to improve its geographic horizon and market presence. The company believes that they shall be able to create a market position by adhering to the vision of our Promoter and senior management and their experience.
Sabar Flex India IPO Details
| Sabar Flex India IPO Date | Sep 8, 2022 to Sep 13, 2022 |
| Sabar Flex India IPO Face Value | ₹10 per share |
| Sabar Flex India IPO Price | ₹11 per share |
| Sabar Flex India IPO Lot Size | 10000 Shares |
| Issue Size | 4,070,000 shares of ₹10 (aggregating up to ₹4.48 Cr) |
| Fresh Issue | 4,070,000 shares of ₹10 (aggregating up to ₹4.48 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Hikmatbahadur Krishnabahadur Kunwar is the company promoter. |
Lots
Shares
Amount
Retail (Min)
1
10000
₹110,000
Retail (Max)
1
10000
₹110,000
Sabar Flex India Limited
IPO Promoter Holding–
| Pre Issue Share Holding | 53.25% |
| Post Issue Share Holding | 39.00% |
Sabar Flex India Limited IPO Market Lot :
Sabar Flex India Limited IPO Minimum Market lot is 1 Lot with 10000 shares with ₹110,000 Application amount.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 10000 Shares |
| Minimum Amount : | ₹110,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 10000 Shares |
Sabar Flex India IPO Shares Offer :
A Total of 40,70,000 shares are to be bid for the public issue by Sabar Flex India IPO with 40,70,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 40,70,000 | ₹4.48 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 40,70,000 | ₹4.48 Cr |
Sabar Flex India IPO Reservation :
Sabar Flex India IPO Total Reservation of 40,70,000 shares are to be bid for the public issue by Sabar Flex India IPO with – for QIB and 19,30,000 for NII 19,30,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 19,30,000 | ₹2.12 Cr |
| RII : | 50% | 19,30,000 | ₹2.12 Cr |
| MMRP : | – % | 2,10,000 | ₹0.23 Cr |
| Total : | 100% | 40,70,000 | ₹4.48 Cr |
What is Sabar Flex India IPO Size?
Sabar Flex India IPO size is ₹4.48 Crores.
What is Sabar Flex India IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Sabar Flex India IPO Listing Date?
Sabar Flex India IPO listing date is 21 September 2022. The IPO to list on NSE, SME.
What is Sabar Flex IPO GMP today?
Sabar Flex IPO GMP today is NA per share.
What is Sabar Flex Subject to Sauda rate today?
Sabar Flex Subject to Sauda rate today is NA per application.
What is the lot size of Sabar Flex IPO?
Sabar Flex offer lot size is 10,000 shares.
What is Sabar Flex IPO Price Band?
Sabar Flex public offer price is INR 11 per share.
