Sah Polymers IPO
Plastics / Packaging - Listed on 12 January 2023
Sah Polymers IPO listing summary
Sah Polymers (Plastics / Packaging) closed its IPO window in 2023 and listed on NSE and BSE on 12 January 2023 at an upper band issue price of Rs 65, opening at Rs 85 for a listing gain of +30.8% and closing day one at Rs 89.25 (+37.3% on closing basis). The IPO was subscribed 17.46x overall - QIB 2.40x, HNI/NII 32.69x, Retail 39.78x. The total issue size was Rs 66.3 Cr (Fresh Issue Rs 66.3 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Sah Polymers IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 5 | +7.69% |
| Day 2 | Rs 5 | +7.69% |
| Day 3 | Rs 5 | +7.69% |
| Day 4 | Rs 5 | +7.69% |
| Day 5 | Rs 12 | +18.46% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Sah Polymers IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Sah Polymers IPO - FAQs
What was the listing gain of Sah Polymers IPO?
Sah Polymers IPO listed at +30.8% versus the upper issue price of Rs 65 on 12 January 2023.
How many times was Sah Polymers IPO subscribed?
Sah Polymers IPO was subscribed 17.46x overall. QIB portion was subscribed 2.40x, HNI / NII 32.69x and Retail 39.78x.
What was the IPO GMP for Sah Polymers?
IPO GMP started at Rs 5 on Day 1 and moved to Rs 12 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.