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Sabar Flex India IPO

Sabar Flex India Limited Logo

Sabar Flex India 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. 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.

Sabar Flex India Limited has three manufacturing plants located in Gujarat.

Competitive Strengths :

  • Location Advantage
  • Strong management team and motivated and efficient work force
  • Quality Assurance
  • Research and Development capability

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
Amount in ₹ Lakhs

Objects of the Issue

The company proposes to utilize the funds which are being raised through this Issue towards the following objects:

a) Funding the working capital requirements of the company

b) General Corporate Purposes

IPO Details

Sabar Flex India IPO DateSep 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 Size10000 Shares
Issue Size4,070,000 shares of ₹10
(aggregating up to ₹4.48 Cr)
Fresh Issue4,070,000 shares of ₹10
(aggregating up to ₹4.48 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Company PromotersMr. Hikmatbahadur Krishnabahadur Kunwar is the company promoter.

IPO Timeline

IPO opens on Sep 8, 2022, and closes on Sep 13, 2022. The IPO bid date is from Sep 8, 2022 10.00 A.M. to Sep 13, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Sabar Flex India IPO Opening DateSep 8, 2022
Sabar Flex India IPO Closing DateSep 13, 2022
Basis of AllotmentSep 16, 2022
Initiation of RefundsSep 19, 2022
Credit of Shares to DematSep 20, 2022
Sabar Flex India IPO Listing DateSep 21, 2022

IPO Lot Size

The IPO lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹110,000).

Retail (Min)110000₹110,000
Retail (Max)110000₹110,000

IPO Promoter Holding

Pre Issue Share Holding53.25%
Post Issue Share Holding39.00%

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: [email protected]

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]

IPO Lead Manager(s)

  1. GYR Capital Advisors Limited