Sah Polymers IPO Subscription Status
Sah Polymers IPO was subscribed 17.46 times when bidding closed on 4 Jan 2023: QIB 2.4x, NII 32.69x, Retail 39.78x.
The Sah Polymers IPO has been subscribed 17.46x times overall. Retail investors have shown interest with bids for 39.78x the shares available. The Non-Institutional Investor (NII) category has been subscribed 32.69x. Within NII, Big HNI (B-HNI) subscribed 33.94x and Small HNI (S-HNI) subscribed 30.2x. Qualified Institutional Buyers (QIBs) have subscribed 2.4x. Data last updated on 11 Nov, 05:36 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Dec, 2022 and closes on 04 Jan, 2023. The shares are expected to list on stock exchanges on 12 Jan, 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 2.4x |
| NII | - of - - | 32.69x |
bHNI — bid amount above ₹10 Lakh |
- - | 33.94 |
sHNI — bid amount ₹2–10 Lakh |
- - | 30.2 |
| Retail | - of - - | 39.78x |
| TOTAL | - - | 17.46x |
Sah Polymers IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 40 applicants will be successful.
Day-wise subscription history
End-of-day subscription across the 4-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
04 Jan 2023
Day 4 |
17.46x | ▼ | |
|
QIB2.4x
BHNI33.94x
SHNI30.2x
Retail39.78x
|
|||
|
03 Jan 2023
Day 3 |
5.35x | ▼ | |
|
QIB1.05x
BHNI6.4x
SHNI6.68x
Retail16.53x
|
|||
|
02 Jan 2023
Day 2 |
2.37x | ▼ | |
|
QIB0.39x
BHNI3.14x
SHNI2.55x
Retail7.46x
|
|||
|
30 Dec 2022
Day 1 |
0.86x | ▼ | |
|
QIB0.38x
BHNI1.12x
SHNI0.74x
Retail2.07x
|
|||
Sah Polymers IPO dates
From the bidding window 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
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | LEADING LIGHT FUND VCC - THE TRIUMPH FUND | LEADING LIGHT | ₹10.34 Cr | 34.65% | |
| 2 | SAINT CAPITAL FUND | SAINT CAPITAL | ₹9.75 Cr | 32.68% | |
| 3 | MAVEN INDIA FUND | - | ₹9.75 Cr | 32.68% | |
| TOTAL | ₹29.84 Cr | 100.01% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Sah Polymers IPO?
As of IPO close date (04 Jan, 2023), the Sah Polymers IPO is subscribed 17.46x times. Retail category is 39.78x, and NII is 32.69x subscribed.
When is the allotment date for Sah Polymers IPO?
The allotment for Sah Polymers IPO is expected to be finalized on 09 January, 2023.
What is the GMP of Sah Polymers?
The Grey Market Premium (GMP) for Sah Polymers is currently ₹11, indicating a potential listing gain of 17%.
When will Sah Polymers IPO list on the stock market?
Sah Polymers is scheduled to list on BSE and NSE on 12 January, 2023.
What are the chances of getting allotment in Sah Polymers IPO?
The retail category is oversubscribed at 39.78x, meaning allotment is by lottery. Statistically, approximately 1 in 40 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 2.4x mean for Sah Polymers IPO?
Moderate — QIBs have subscribed 2.4x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Sah Polymers IPO allotment status?
After the allotment date (09 Jan, 2023), you can check your Sah Polymers IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Sah Polymers IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
