Sunday, April 28, 2024

Polysil Irrigation Systems IPO Date, Review, Price, Allotment Details

Incorporated in 1985 The Company is a completely built-in participant throughout the drip irrigation and sprinkler irrigation sectors, with a presence in micro irrigation business. Their merchandise are reckoned to satisfy top of the range requirements and their logo is related to offering value-based irrigation answers to their finish shoppers and are matter to BIS requirements. The Company is engaged within the production and sale of HDPE pipes, fittings, and micro irrigation methods, reminiscent of drip irrigation methods and sprinkler irrigation methods, its elements, equipment and allied merchandise.

As a producer and dealer of drip and sprinkler irrigation methods, their product vary comprises HDPE Pipes, pipe fittings, and irrigation apparatus, together with disc filters, display filters, hydro-cyclone filters, sand filters (gravel), compression fittings, valves (electric and mechanicals), fertilizer tanks, Digital Controllers, Pressure Gauges, and so on. They promote those merchandise below the emblem “Polysil”.

Polysil Irrigation Systems sells its merchandise via institutional markets and open marketplace gross sales. Under the open marketplace sale, they promote their merchandise via vendors and sellers, who then resell the goods to shoppers i.e. farmers. As of July 31, 2023, they bought their merchandise via 8 vendors and round 425 sellers in India. Their finish shoppers are eligible to obtain govt subsidies, the method for disbursal of such subsidy is controlled by way of their distributor/sellers and/or their shoppers. They function within the states of Gujarat, Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, Uttar Pradesh, Rajasthan and Haryana. They function within the States of Maharashtra, Madhya Pradesh, and Rajasthan via their broker/distributor community and within the States of Andhra Pradesh, Gujarat, Tamil Nadu, Haryana, and Uttar Pradesh below the institutional fashion.

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Objects of the Issue:

  • Funding our Working Capital Requirements
  • General Corporate Purpose.

Polysil Irrigation Systems IPO Review

Polysil Irrigation Systems IPO Date & Price Band Details

IPO Open: February 8, 2024
IPO Close: February 13, 2024
IPO Size: Approx ₹17.44 Crores, 3,229,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹54 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the online be offering
QIB Quota: [.]% of the online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Polysil Irrigation Systems IPO Market Lot

The Polysil Irrigation Systems IPO minimal marketplace lot is 2000 stocks with a ₹108,000 software quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹108,000
Retail Maximum 1 2000 ₹108,000
S-HNI Minimum 2 4000 ₹216,000

Polysil Irrigation Systems IPO Dates

The Polysil Irrigation Systems IPO date is February 8 and the IPO shut date is February 13. The IPO allotment date is February 14 and the IPO may record on February 16.

IPO Open Date: February 8, 2024
IPO Close Date: February 13, 2024
Basis of Allotment: February 14, 2024
Refunds: February 15, 2024
Credit to Demat Account: February 15, 2024
IPO Listing Date: February 16, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Polysil Irrigation Systems IPO Form

How to use Polysil Irrigation Systems IPO? You can follow Polysil Irrigation Systems IPO by means of ASBA to be had to your checking account. Just cross to the web financial institution login and follow by means of your checking account by way of deciding on the Polysil Irrigation Systems IPO within the Invest phase. The different possibility you’ll follow Polysil Irrigation Systems IPO by means of IPO bureaucracy obtain by means of the NSE website online. Check out the Polysil Irrigation Systems bureaucracy – click on NSE IPO Forms obtain, fill and put up to your financial institution or along with your dealer.

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Polysil Irrigation Systems Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹54.72 ₹53.68 ₹0.65
2022 ₹37.67 ₹36.99 ₹0.34
2023 ₹43.92 ₹41.27 ₹1.14
2023 6M ₹- ₹- ₹-

Polysil Irrigation Systems IPO Valuation – FY2023

Check Polysil Irrigation Systems IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹1.15 in keeping with Equity Share
Price/Earning P/E Ratio: NA
Return on Net Worth (RoNW): 7.39%
Net Asset Value (NAV): ₹15.53 in keeping with Equity Share

Peer Group

  • Captain Polyplast Limited
  • RM Drip and Sprinklers Systems Limited
  • Texmo Pipes and Products Limited
  • Jain Irrigation Systems Limited
  • Bharatkumar Patel 
  • Prafulbhai Radadia

Polysil Irrigation Systems IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Polysil Irrigation Systems IPO Allotment Status

Check Polysil Irrigation Systems IPO allotment standing on Bigshare website online URL. Click Here

Polysil Irrigation Systems IPO Lead Managers aka Merchant Bankers

  • Fedex Securities Pvt Ltd

Company 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
Email: [email protected]
Website: https://polysilirrigation.com/

Polysil Irrigation Systems IPO FAQs

What is Polysil Irrigation Systems IPO?

Polysil Irrigation Systems IPO is an NSE SME IPO. They are going to carry ₹17.44 Crores by means of IPO. The factor is priced at ₹54 in keeping with fairness percentage. The IPO is to be indexed on NSE.

When Polysil Irrigation Systems IPO will open?

The IPO is to open on February 8, 2024 for QIB, NII, and Retail Investors.

What is Polysil Irrigation Systems IPO Investors Portion?

The traders’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the Polysil Irrigation Systems IPO?

You can follow Polysil Irrigation Systems IPO by means of ASBA on-line by means of your checking account. You too can follow for ASBA on-line by means of UPI via your inventory agents. You too can follow by means of your inventory agents by way of filling up the offline shape.

How to Apply the Polysil Irrigation Systems IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Polysil Irrigation Systems”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Polysil Irrigation Systems IPO via Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Polysil Irrigation Systems”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Polysil Irrigation Systems IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Polysil Irrigation Systems”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Polysil Irrigation Systems IPO Size?

Polysil Irrigation Systems IPO dimension is ₹17.44 crores.

What is Polysil Irrigation Systems IPO Price Band?

Polysil Irrigation Systems IPO Price Band is ₹54 in keeping with fairness percentage.

What is Polysil Irrigation Systems IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 stocks with ₹108,000.

What is Polysil Irrigation Systems IPO Allotment Date?

Polysil Irrigation Systems IPO allotment date is February 14, 2024.

What is Polysil Irrigation Systems IPO Listing Date?

Polysil Irrigation Systems IPO record date is February 16, 2024. The IPO to record on NSE SME.

Note: The Polysil Irrigation Systems IPO main points are introduced formally. The IPO gray marketplace top class (Polysil Irrigation Systems IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH

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