214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Polysil Irrigation Systems IPO (Polysil Irrigation Systems Limited IPO) Detail

Polysil Irrigation Systems Limited is an Plastic And Polymer based company, located in Vadodara, Polysil Irrigation Systems Limited IPO size was 17.44 Cr. and was issued at 54.00 per share. The share of Polysil Irrigation Systems Limited were listed at 54.25 per share and are currently trading at 277.70 per share.

Type :
Sub Sector : Drip Irrigation/sprinkler Etc.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
24.48 Cr.

PAT :
2.64 Cr.

Pricing Report

Issue Price :
54.00

Listing Price :
54.25

Current Market Price :
277.70

Issue Price vs CMP :
223.7 (414.26%)

listing Price vs CMP :
223.45 (411.89%)

Performance Report (CAGR* wise)

CAGR : 170.34
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Polysil Irrigation Systems

Company Information
Incorporated in 1985, Polysil Irrigation Systems is a fully integrated player within the drip irrigation and sprinkler irrigation sectors, with presence in micro irrigation industry. Their products are reckoned to meet high quality standards and their brand is associated with providing value based irrigation solutions to their end customers and are subject to BIS standards. The Company is engaged in manufacturing and sale of HDPE pipes, fittings and micro irrigation systems, such as drip irrigation system and sprinkler irrigation system, its components, accessories and allied products.
As a manufacturer and seller of drip and sprinkler irrigation system their product range includes HDPE Pipes, pipe fittings and irrigation equipment.
Object of Issue
  • Funding their Working Capital Requirements
  • General Corporate Purposes

Polysil Irrigation Systems SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Feb, 2024
IPO Size :
17.44 Cr.
Market Cap :
61.24 Cr.   
IPO Subscription :
6.88 X     
PE Multiple :
23.13
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Polysil Irrigation Systems operates in Plastic And Polymer and Drip Irrigation/sprinkler Etc.. The Issue is listed on NSE EMERGE in Feb, 2024. Polysil Irrigation Systems IPO size was 17.44 Cr. with Issue price of 54.00 .

Polysil Irrigation Systems IPO subscription was 6.88 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Polysil Irrigation Systems IPO listed at a listing price of 54.25 against the offer price of 54.00.

The current market price of Polysil Irrigation Systems is 277.70.

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