Sabar Flex India Limited

Company Profile
Company Name Sabar Flex India Limited
Open Date 08-09-2022
Close Date 13-09-2022
Exchange NSE SME
Lot Size 10000 Shares
Issue Price ₹ 11 per share
Issue Size 40,70,000 Equity Shares
Application Amount ₹ 1,10,000
Recommendation Avoid
Sabar Flex India Limited was incorporated in the year 2007 in Gujarat and has been engaged in the business of manufacturing multi-layer films, Printed Laminates and Flexible Packaging Products (pouches and bags). Printed laminates and flexible packaging products are part of Multilayer film only which are later on cut as per requirement of customer.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 5,187.24 5,162.08 4,090.92
Net Assets 1,572.56 1,398.28 1,258.44
Total Borrowings 2,538.32 2,390.62 2,018.41
Total Revenue 7,237.01 7,397.88 6,364.32
Profit After Tax 174.28 139.84 89.80

Tentative Timeline

Opening Date 08-09-2022
Closing Date 13-09-2022
Basis of Allotment 16-09-2022
Initiation of Refunds 19-09-2022
Credit of Shares to Demat 20-09-2022
Listing Date 21-09-2022

Objects of the Issue

Funding the working capital requirements of the company
General Corporate Purposes

Contact Information

Registered Office Sabar Flex India Limited B/1/104, Palledium, Nr. Orchid Wood Opp. Divya Bhaskar, Corporate Road, Prahladnagar, Ahmedabad 380015
Phone 9429111979

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Market Maker Shares Offered 210,000 (5.16%)
Other Shares Offered 1,930,000 (47.42%)
Retail Shares Offered 1,930,000 (47.42%)
Total Shares Offered 4,070,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 53.25%
Share Holding Post Issue (Promoters) 39.00%

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