Polysil Irrigation Systems Limited

Polysil Irrigation Systems Limited

SMEClosed

₹1,08,000(2,000 Shares)

Minimum Investment

IPO Dates

Feb 8, 2024 – Feb 13, 2024

Price Band

₹54–54 per equity share

Lot Size

2000

Listing

Feb 16, 2024

Listing At

NSE SME

Feb 8, 2024Open DateCompleted
Feb 13, 2024Close DateCompleted
TBAAllotment DateUpcoming
Feb 16, 2024Listing DateCompleted

Polysil Irrigation Systems Limited Live Subscription Details

All IPOs
QIB / NII2.23x
Retail11.62x

Overall Subscription

Total Bids Received

6.88x

Polysil Irrigation Systems Limited IPO Issue Details

Issue Price
₹54 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
14,44,000 shares(aggregating up to ₹7.8 crore)
Listing At
NSE SME
Listing Date
Feb 16, 2024
Registrar
Bigshare Services Pvt Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)12,000₹1,08,000
Retail (Max)12,000₹1,08,000
sHNI (Min)24,000₹2,16,000

Reservation Details

5.08%

Market Maker

1.64L

Company Information

Polysil Irrigation Systems Limited was incorporated in 1985, which manufactures and supplies HDPE pipes, fittings, and micro irrigation systems including drip irrigation systems and sprinkler irrigati...

Valuations

EPS (Pre-IPO)

1.15

EPS (Post-IPO)

2.33

P/E (Pre-IPO)

47.08

P/E (Post-IPO)

23.13

RoNW

7.39%

P/B Value

3.48

Objectives of the Issue

  1. 1Funding our Working Capital Requirements
  2. 2General Corporate Purpose

Polysil Irrigation Systems Limited – Promoter(s)

Bharatkumar Patel
Prafulbhai Radadia

Contact Details

Corporate Office

Survey No- 340/1, Beside Hystuff Steel, At Post Raniya, Taluka Savli, District Vadodara - 391780

026 6724 4271/2

secretarial@polysilirrigation.com

Visit Website

Polysil Irrigation Systems Limited Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Registrar Website

Polysil Irrigation Systems Limited IPO Documents

Frequently Asked Questions — Polysil Irrigation Systems Limited IPO

The Polysil Irrigation Systems Limited IPO price band is set at ₹54.00 to ₹54.00 per equity share.

The lot size for Polysil Irrigation Systems Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,08,000.

The Polysil Irrigation Systems Limited IPO opens on Feb 8, 2024 and closes on Feb 13, 2024.

Polysil Irrigation Systems Limited IPO is expected to be listed on Feb 16, 2024 on NSE SME.

The registrar for Polysil Irrigation Systems Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.

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