Sabar Flex India Limited 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 2007 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 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 |
| 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
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. |
Sabar Flex India IPO Timeline
Sabar Flex India IPO opens on Sep 8, 2022, and closes on Sep 13, 2022. The Sabar Flex India 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.
| Event | Date |
|---|---|
| Sabar Flex India IPO Opening Date | Sep 8, 2022 |
| Sabar Flex India IPO Closing Date | Sep 13, 2022 |
| Basis of Allotment | Sep 16, 2022 |
| Initiation of Refunds | Sep 19, 2022 |
| Credit of Shares to Demat | Sep 20, 2022 |
| Sabar Flex India IPO Listing Date | Sep 21, 2022 |
Sabar Flex India IPO Lot Size
The Sabar Flex India IPO lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹110,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹110,000 |
| Retail (Max) | 1 | 10000 | ₹110,000 |
Sabar Flex India IPO Promoter Holding
| Pre Issue Share Holding | 53.25% |
| Post Issue Share Holding | 39.00% |
Sabar Flex India IPO Review
SFIL has posted an average track record with a static top line and some increase in its bottom lines. Based on its financial data, the issue appears fully priced. It operates in a highly competitive and fragmented segment. The sustainability of margins is a major concern. Well-informed, risk seeker/cash surplus investors may consider an investment. Read detail review…
Sabar Flex India 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: info@sabarflex.in
Website: http://www.sabarflex.com/
Sabar Flex India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bighareonline.com
Website: http://www.bigshareonline.com