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Polysil Irrigation Systems IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Vadodara and caters to Plastic And Polymer sector. Fedex Securities Private is the merchant banker of Polysil Irrigation Systems IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th August 2023.
Polysil Irrigation Systems IPO open date is 8th February 2024 and close date is 13th February 2024. IPO Allotment Date is 14th February 2024 and Listing date is 16th February 2024.Polysil Irrigation Systems IPO size is Rs 17.44 Cr. crores with IPO price of Rs 54.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the Polysil Irrigation Systems IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Market-Hub Stock Broking Private Limited for Polysil Irrigation Systems IPO.
Polysil Irrigation Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Polysil Irrigation Systems IPO, based in Vadodara, operates in the Plastic And Polymer sector with a focus on drip irrigation/sprinkler etc.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Polysil Irrigation Systems IPO size is ₹ 17.44 Cr. Crores with fresh issue size of Rs 17.44 Cr. Crores and Offer for sale being 17.44..
The IPO allotment date for Polysil Irrigation Systems IPO is expected to be 14th February 2024, after the finalization of basis of allotment. Investors can check Polysil Irrigation Systems IPO allotment status on the registrars website, Bigshare Services Private Limited. Polysil Irrigation Systems IPO refund dates are 15th February 2024.
Polysil Irrigation Systems IPO is expected to be listed on 16th February 2024.
The upper price band for the Polysil Irrigation Systems IPO is set at ₹ 54.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Polysil Irrigation Systems IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Polysil Irrigation Systems IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th February 2024. After submission, funds are blocked until the basis of allotment of Polysil Irrigation Systems IPO is finalised.
The merchant banker for Polysil Irrigation Systems IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Polysil Irrigation Systems IPO RHP for further details.
The registrar for Polysil Irrigation Systems IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Polysil Irrigation Systems IPO through their official website or helpline.
Polysil Irrigation Systems IPO was subscribed 6.88 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 17.44 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.61 Cr.
Sector: Plastic And Polymer
SME IPO so far:
28
Merchant Banker:
Fedex Securities
SME IPO by BRLM so far:
47
City:
Vadodara
SME IPO so far:
22
Revenue (annualised):
₹ 24.48 cr.
PE
Ratio:
23.13x
Average Sector PE Ratio: 20.08x
Polysil Irrigation Systems IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Polysil Irrigation Systems Financial Review Page
Merchant Banker(s) of Polysil Irrigation Systems IPO: Fedex Securities Private Limited
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 28.15.
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