Polysil Irrigation Systems Limited
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | February 8, 2024 |
| Close Date:- | February 13, 2024 |
| Allotment Date:- | February 14, 2024 |
| Listing Date:- | February 16, 2024 |
About Polysil Irrigation Systems Limited :-
Established in 1985, Polysil Irrigation Systems Limited specializes in the production and distribution of HDPE pipes, fittings, and micro irrigation systems, including drip and sprinkler irrigation systems, along with associated components and accessories, all under the brand name Polysil.
Their product portfolio encompasses a wide array of offerings such as HDPE pipes, pipe fittings, and various irrigation equipment like disc filters, screen filters, hydro cyclone filters, sand filters (gravel), compression fittings, valves (electrical and mechanical), fertilizer tanks, digital controllers, pressure gauges, among others.
Operating across multiple states including Gujarat, Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, Uttar Pradesh, Rajasthan, and Haryana, Polysil Irrigation Systems caters to both institutional markets and the open market. By August 15, 2023, the company had established distribution channels through nine distributors and approximately 425 dealers across India.
Situated in Vadodara, Gujarat, their manufacturing unit spans an area of 100,000 sq.ft.
As of March 31, 2023, the company boasted a workforce of 52 individuals comprising skilled and unskilled labor, administrative personnel, and the management team.
Contact Details :-
Address:- Polysil Irrigation Systems Limited Survey No- 340/1, Beside Hystuff Steel, At Post Raniya, Taluka Savli, District Vadodara - 391780
Phone:- 026 6724 4271/2
E-mail:- secretarial@polysilirrigation.com
Website:- https://polysilirrigation.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | SME |
| Price:- | ₹54 |
| Lot Size:- | 2000 |
| Minimum Amount for 1 Lot:- | ₹1,08,000 |
| Listing At:- | NSE SME |
| Total issue of Shares:- | 32,29,000 |
| Total issue Size:- | ₹17.44 Crore |
| Fresh issue of Shares:- | 14,44,000 |
| Fresh issue Size:- | ₹7.8 Crore |
| Offer for Sale issue of Shares:- | 17,85,000 |
| Offer for Sale issue Size:- | ₹9.64 Crore |
| Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 5,671.49 | 5,531.46 | 4,616.80 | 4,178.47 |
| Revenue | 1,019.74 | 4,392.49 | 3,767.21 | 5,471.58 |
| Profit After Tax | 110.31 | 113.53 | 33.75 | 64.81 |
| Net Worth | 1,646.02 | 1,535.71 | 1,372.06 | 1,338.31 |
| Reserves and Surplus | 656.31 | 546.00 | 1,326.56 | 1,292.82 |
| Total Borrowing | 1,566.17 | 1,547.25 | 1,494.96 | 1,104.83 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 61 |
| ROE:- | 7.39% |
| ROCE:- | 12.81% |
| Debt/Equity:- | 1.01 |
| RoNW:- | 7.39% |
IPO Registrar :-
Name:- Bigshare Services Pvt Ltd
Website:- https://ipo.bigshareonline.com/ipo_status.html
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Polysil Irrigation Systems Limited DHRP:- | Click Here |
| Polysil Irrigation Systems Limited RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 08-02-2024 | ₹0 | ₹54 | 0% |
| 09-02-2024 | ₹0 | ₹54 | 0% |
| 10-02-2024 | ₹0 | ₹54 | 0% |
| 11-02-2024 | ₹0 | ₹54 | 0% |
| 12-02-2024 | ₹0 | ₹54 | 0% |
| 13-02-2024 | ₹0 | ₹54 | 0% |
| 14-02-2024 | ₹0 | ₹54 | 0% |
| 15-02-2024 | ₹0 | ₹54 | 0% |
| 16-02-2024 | ₹0 | ₹54 | 0% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 8, 2024 | 1.52 | 0.87 | ||||
| February 9, 2024 | 4.39 | 2.40 | ||||
| February 12, 2024 | 7.40 | 4.14 | ||||
| February 13, 2024 | 11.62 | 6.88 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on February 14, 2024) | Click Here |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | February 16, 2024 |
| NSE Symbol :- | POLYSIL |
| ISIN:- | INE517M01028 |
| Final Issue Price:- | ₹54.00 |
| Open:- | ₹56.00 |
| Low:- | ₹53.50 |
| High:- | ₹58.80 |
| Close:- | ₹54.25 |
Polysil Irrigation Systems Limited FAQ :-
What is the opening date for Polysil Irrigation Systems Limited?
The Polysil Irrigation Systems Limited opens on February 8, 2024.
What is the closing date for Polysil Irrigation Systems Limited?
The Polysil Irrigation Systems Limited closes on February 13, 2024.
When will the shares be allotted for Polysil Irrigation Systems Limited?
Shares of Polysil Irrigation Systems Limited will be allotted on February 14, 2024.
What is the listing date for Polysil Irrigation Systems Limited?
The listing date for Polysil Irrigation Systems Limited is February 16, 2024.
What is the price/ price range for Polysil Irrigation Systems Limited?
The price/ price range for Polysil Irrigation Systems Limited is ₹54.
What is the minimum lot size for the Polysil Irrigation Systems Limited?
The minimum lot size for Polysil Irrigation Systems Limited is 2000 shares.
What is the minimum investment required for retail investors in the Polysil Irrigation Systems Limited?
The minimum investment required for retail investors in the Polysil Irrigation Systems Limited is ₹1,08,000.
What type of IPO is the Polysil Irrigation Systems Limited?
The type of Polysil Irrigation Systems Limited is SME.
What is the total issue size of the Polysil Irrigation Systems Limited?
The total issue size of Polysil Irrigation Systems Limited is ₹17.44 Crore.
How many shares are being offered in the Polysil Irrigation Systems Limited?
Total 32,29,000 shares are being offered in the Polysil Irrigation Systems Limited.
What is the face value of Polysil Irrigation Systems Limited share?
The face value of Polysil Irrigation Systems Limited share is ₹10.
What is the market capitalization of the Polysil Irrigation Systems Limited?
The market capitalization of the Polysil Irrigation Systems Limited is ₹61.24 Crore.
Who is the registrar for the Polysil Irrigation Systems Limited?
The registrar for the Polysil Irrigation Systems Limited is Bigshare Services Pvt Ltd.
Where can I check the IPO Allotment status for Polysil Irrigation Systems Limited?
You can check the IPO Allotment status for Polysil Irrigation Systems Limited at https://ipo.bigshareonline.com/ipo_status.html.
What is the email address and website of Polysil Irrigation Systems Limited?
The email address of Polysil Irrigation Systems Limited is secretarial@polysilirrigation.com and website is https://polysilirrigation.com/.
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