Polysil Irrigation Systems
Polysil Irrigation Systems Info
Details about the Polysil Irrigation Systems IPO. Opening Date of Polysil Irrigation Systems is 08 Feb 24 and Closing Date is 13 Feb 24 . Face Value of Each share of Polysil Irrigation Systems is ₹10 per share. Fixed price of Polysil Irrigation Systems is ₹54. The Lot size of Polysil Irrigation Systems is 2,000 shares. Total issue size of Polysil Irrigation Systems IPO is ₹17.44 cr. Fresh Issue of Polysil Irrigation Systems IPO is 7.8 cr. Polysil Irrigation Systems IPO also includes offer for sale of ₹9.64 cr.This is a Fixed Price Issue IPO. Expected to list on NSE SME. Share Holding Pre Issue of Polysil Irrigation Systems is 16,066,886. Share Holding Post Issue of Polysil Irrigation Systems is 24,016,011.
Business Summary
Polysil Irrigation Systems is incorporated in 1985. Company is a fully integrated player within the drip irrigation and sprinkler irrigation sectors, with presence in micro irrigation industry.
Company's products are reckoned to meet high quality standards and their brand is associated with providing valuebased irrigation solutions to end customers.
Polysil Irrigation Systems 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
Polysil Irrigation Systems IPO Details
| Open Date | 08 Feb 24 |
|---|---|
| Close Date | 13 Feb 24 |
| Face Value | ₹10 per shares |
| Price | ₹54 |
| Lot Size | 2,000 Shares |
| Total issue Size | 3,229,000 Shares ₹17.44 cr |
| Fresh Issue | 1,444,000 Shares ₹7.8 cr |
| Offer for Sale | 1,785,000 Shares (₹9.64 cr) |
| Issue Type | Fixed Price Issue |
| Listing At | NSE SME |
| Share Holding Pre Issue | 16,066,886 |
| Share Holding Post Issue | 24,016,011 |
| RHP , DHRP | View RHP, View DRHP |
Polysil Irrigation Systems IPO Timeline
The Polysil Irrigation Systems Initial Public Offering (IPO) is set to open on 08 Feb 24 and will end its subscription phase on 13 Feb 24. You can check your allotment status for Polysil Irrigation Systems on 14 Feb 24. The refund process for your funds will start promptly on 15 Feb 24. Polysil Irrigation Systems IPO credit of shares will be on 15 Feb 24. The listing date for Polysil Irrigation Systems is on 16 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Polysil Irrigation Systems IPO Reservation
The Polysil Irrigation Systems IPO reserves shares for different investor categories. Approximately 50% of the Net Issue will be available for NII, 50% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net Issue |
| Retail | 50% of the Net Issue |
Polysil Irrigation Systems IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 108,000 |
| Retail (Max) | 1 | 2,000 | 108,000 |
| HNI (Min) | 2 | 4,000 | 216,000 |
Polysil Irrigation Systems IPO Promoters Holding
Promoters holding details for Polysil Irrigation Systems in the current issue is as follows: The share holding of promoters before the issue stands at 33.79%, and after the issue, it has been adjusted to -%.
Promoters of Polysil Irrigation Systems are Satishkumar Maniya, Rameshbhai Kakadiya, Sunilkumar Shah,
| Share Holding Pre Issue | 33.79% |
|---|---|
| Share Holding Post Issue | -% |
Polysil Irrigation Systems Financial Information
Financial performance details for Polysil Irrigation Systems over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|
| Assets | 5,531.46 | 4,616.8 | 4,178.47 |
| Revenue | 4,392.49 | 3,767.21 | 5,471.58 |
| Profit After Tax | 113.53 | 33.75 | 64.81 |
Polysil Irrigation Systems IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Polysil Irrigation Systems are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 47.08 |
| ROCE | 12.81% |
| ROE | 13.84% |
| RoNW | 7.39% |
| EPS (Rs) | 1.15 |
Object of the Issue
- • Funding of Working Capital Requirements
- • General Corporate Purpose
Contact Details for Polysil Irrigation Systems
Phone
Office
Survey No- 340/1, Beside Hystuff Steel, At Post Raniya, Taluka Savli, District Vadodara - 391780
Registrar Details for Polysil Irrigation Systems
Bigshare Services Pvt Ltd
Phone
Office
: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Fedex Securities Pvt Ltd