Sah Polymers IPO GMP History
Sah Polymers IPO has been listed on January 12, 2023 at a listing price of ₹85, against the issue price of ₹65 — a gain of ₹20 (+30.77%). The GMP peaked at ₹18 on 9 January 2023 and reached a low of ₹5 on 2 January 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Sah Polymers IPO raised ₹66.3 Cr. through its IPO at a price band of ₹61 to ₹65 per share, with a lot size of 230 shares. The IPO was open for subscription from 30 Dec 2022 to 04 Jan 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 11 Nov, 5:36 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 11 Jan 2023 | ₹ 11 | ▼ | 17% | — | — |
| 10 Jan 2023 | ₹ 15 | ▼ | 23% | — | — |
| 09 Jan 2023 | ₹ 18 | ▲ | 28% | — | — |
| 06 Jan 2023 | ₹ 15 | ▲ | 23% | — | — |
| 05 Jan 2023 | ₹ 12 | — | 18% | — | — |
| 04 Jan 2023 | ₹ 12 | ▲ | 18% | — | — |
| 03 Jan 2023 | ₹ 10 | ▲ | 15% | — | — |
| 02 Jan 2023 | ₹ 5 | — | 8% | — | — |
| 31 Dec 2022 | ₹ 5 | — | 8% | — | — |
| 30 Dec 2022 | ₹ 5 | — | 8% | — | — |
| 29 Dec 2022 | ₹ 5 | — | 8% | — | — |
| 28 Dec 2022 | ₹ 5 | — | 8% | — | — |
| 27 Dec 2022 | ₹ 5 | — | 8% | — | — |
| 26 Dec 2022 | ₹ 5 | — | 8% | — | — |
Sah Polymers IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 30 Dec 2022
- Close 04 Jan 2023
- Allotment 09 Jan 2023
- Refund/credit 10 Jan 2023
- Listing 12 Jan 2023
Sah Polymers IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹65 |
|---|---|
| GMP-based estimate (pre-listing) | ₹76 (+16.9%) |
| Listing gain / loss | +₹20 per share |
| Listing date | 12 Jan, 2023 |
| Actual listing price | ₹85 (+30.77%) |
Is Sah Polymers IPO GMP reliable?
Grey market premium for Sah Polymers IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Sah Polymers IPO full review for a fundamentals-based assessment before making any grey market trades.
Sah Polymers IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Sah Polymers IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Sah Polymers IPO
Sah Polymers Limited was incorporated as Peacock Continental Limited at Udaipur, Rajasthan on 20 April 1992. It is ISO 9001:2015 certified and makes polypropylene (PP) and high density polyethylene (HDPE) FIBC bags, woven sacks and woven fabrics to customer specifications.
It offers customised bulk packaging to B2B makers in industries such as agro pesticides, basic drugs, cement, chemicals, fertilisers, food products, textiles, ceramics and steel. It is also a consignment stockist and dealer-operated polymer warehouse for Indian Oil Corporation's polymer division.
It sold in 5 states and 1 union territory in India and exported to 14 countries, including Algeria, Ghana, Poland, France, Italy, the USA, Australia, the UAE and the UK. Its promoter is Sat Industries Limited.
The IPO was Rs 66.3 crore and was entirely fresh issue. Rs 19.66 crore was planned for repaying borrowings, Rs 14.96 crore for working capital and Rs 8.17 crore for a new FIBC plant.
Frequently asked
What is the GMP of Sah Polymers IPO?
The current Grey Market Premium (GMP) of Sah Polymers IPO is ₹ 11.
What is the Kostak Price of Sah Polymers IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Sah Polymers IPO is not available.
What is the Subject to Sauda Price of Sah Polymers IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Sah Polymers IPO?
Sah Polymers IPO listed on January 12, 2023 at ₹85, against the issue price of ₹65 — a gain of +30.77%.
How did the GMP of Sah Polymers IPO trend before listing?
The GMP of Sah Polymers IPO was falling in its final days before listing. The GMP peaked at ₹18 on 9 January 2023. View the day-wise table above for the complete GMP history.
Explore Sah Polymers IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
