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Sah Polymers Ltd IPO

  • Min. Investment14030/ 230 Shares
  • Min. Quantity230
  • Price Range₹61 - ₹65
  • Date Range30 Dec 22 - 04 Jan 23
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date30 Dec 2022
  • Application End Date04 Jan 2023
  • Allotment begins
  • Refund Initiation Date10 Jan 2023
  • Allotment Date09 Jan 2023
  • Listing On Exchange12 Jan 2023
Registrar Information
  • NameLink Intime India Pvt Ltd
  • Contact no.+91 22 4918 6200
  • Email ID
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY20 FY21 FY22
(Rs Crore)
Revenue 49.15 54.39 74.65
Net Profit 0.3 1.27 4.02
Total Assets 36.39 40.57 62
Strengths
  • Diverse product portfolio with focus on quality;
  • Experienced management and dedicated employee base;
  • Diversified customer base across geographies and industries.
  • Diverse product portfolio with focus on quality;
  • Experienced management and dedicated employee base;
Risks
  • Inadequate or interrupted supply and price fluctuation of its raw materials and packaging materials could adversely affect its business, results of operations, cash flows, profitability and financial condition.
  • The Company requires significant amounts of working capital and significant portion of its working capital is consumed in trade receivables and inventories. Its inability to meet its working capital requirements including failure to realise receivables and inventories may have an adverse effect on its results of operations and overall business.
  • Further any defaults or delays in payment by a significant portion of its customers, may have an adverse effect on cash flows, results of operations and financial condition.
  • The Company, Group Company, Corporate promoter,Directors and Subsidioary are involved in certain litigations viz criminal, civil and tax proceedings which are currently pending at various stages. Any adverse decision in these proceedings may render its liable to various penalties and/or monetary compensation and may adversely affect its business and results of operations.
  • Its success depends on its ability to build new manufacturing plant and expand its product portfolio, both of which are subject to risks and uncertainties. Delay in schedule of implementation may subject the Company to risks related to time and cost overrun which may have a material adverse effect on its business, results of operations and financial condition.
Opportunities
  • Setting up a new manufacturing facility to widen its product portfolio and increase its capacity.
  • Increase its customer network in existing markets and enter new geographical markets.
  • Carefully evaluate and pursue accretive acquisitions
  • Setting up a new manufacturing facility to widen its product portfolio and increase its capacity.
  • Increase its customer network in existing markets and enter new geographical markets.
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).