Sah Polymers Ltd has received bids of 1,33,06,420 shares against the offered 56,10,000 equity shares for subscription, at a price band of ₹61-65, according to the data available on the stock exchanges.
Sah Polymers Limited has fixed the price band at ₹61 to ₹65 per Equity Share for its maiden public offer. The IPO will open on Friday, 30th December, 2022, for subscription and closes on Wednesday, 4th January, 2023.
Udaipur, Rajasthan-based Sah Polymers Limited, has received capital markets regulator, Securities and Exchange Board of India s approval to raise funds through an initial public offering.
The two companies, which had filed preliminary IPO papers with the Securities and Exchange Board of India (Sebi) during April and July 2022, obtained observations during October 31-November 3, an update with the regulator showed on Monday.
The two companies, which had filed preliminary IPO papers with the SEBI in April and July 2022, obtained observations during October 31-November 3, an update with the regulator showed. Get more IPO News and Business News on Zee Business.