Woven Sacks, HDPE/PP woven fabrics, woven polymer based products has received bids of 2,99,95,450 shares against the offered 56,10,000 equity shares for subscription, at a price band of ₹61-65, according to the data available on the stock exchanges.

Sah Polymers Limited, primarily engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) Flexible Intermediate Bulk Containers (FIBC) Bags,

Overall the issue was subscribed 5.35 times on the third day of bidding, the issue was subscribed 2.73 times and 0.86 times on the second and opening day respectively.

Retail Portion was subscribed the most with 16.53 times followed by Non-Institutional segment that saw a response of 6.49 times.

The reserved portion for qualified institutional buyer portion saw a subscription of 1.05 times. The issue kicked off for subscription on Friday, December 30, and will close on Wednesday, January 04, 2023.

Pantomath Capital Advisors Private Limited is the sole book running lead manager to the issue and Link Intime India Private Limited is the registrar to the offer.

The equity shares are proposed to be listed on the Main Board of BSE and NSE.