23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

Polysil Irrigation Systems Limited IPO (Polysil Irrigation Systems IPO) Details

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 25.60 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 :
25.60

Issue Price vs CMP :
28.4 (52.59%)

listing Price vs CMP :
28.65 (52.81%)

Performance Report (CAGR* wise)

CAGR : -53.58
-ve 0 6 9 12+
Below Average

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

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 valuebased
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 and
  • 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
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Vadodara


Accord Synergy Limited

  support services to the high end telecom segments

  Vadodara


Advance Syntex Limited

  manufacturing polyster and yarn

  Vadodara


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 25.60.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency