
✓
Open
8 Feb 2024
✓
Close
13 Feb 2024
3
Allotment
—
✓
Listing
Fri, Feb 16, 2024
Price Band
₹54 per share
Issue Size
32,28,000 shares (agg. up to ₹17 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Feb 16, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.57x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 56.71 | 55.31 | 46.17 | 41.78 |
| Total Income | 10.20 | 43.92 | 37.67 | 54.72 |
| Profit After Tax | 1.10 | 1.14 | 0.34 | 0.65 |
| NET Worth | 16.46 | 15.36 | 13.72 | 13.38 |
| Reserves and Surplus | 6.56 | 5.46 | 13.27 | 12.93 |
| Total Borrowing | 15.66 | 15.47 | 14.95 | 11.05 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| AIK Pipes & Polymers Ltd. | SME | ₹15.02 Cr | ₹89 | 21.54 | ₹105.00 | +17.98% | ₹33.20 |
| Swashthik Plascon Ltd. | SME | ₹40.76 Cr | ₹86 | 17.23 | ₹126.10 | +46.63% | ₹22.75 |
| Master Components Ltd. | SME | ₹15.43 Cr | ₹140 | 27.09 | ₹140.20 | +0.14% | ₹423.00 |
| Shri Techtex Ltd. | SME | ₹45.14 Cr | ₹61 | 16.71 | ₹85.20 | +39.67% | ₹60.30 |
| Kaka Industries Ltd. | SME | ₹21.23 Cr | ₹58 | 11.03 | ₹115.71 | +99.50% | ₹220.00 |
| Command Polymers Ltd. | SME | ₹7.09 Cr | ₹28 | 121.74 | ₹26.50 | -5.36% | ₹21.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Working Capital Requirements | 5.00 |
| 2 | General corporate purposes | 1.05 |
About Polysil Irrigation Systems IPO
Updated on Aug 5, 2026
Contact Details
Polysil Irrigation Systems Ltd. AddressSurvey No-340/1, Beside Hystuff SteelAt Post RaniyaTaluka SavliVadodara, Gujarat, 391780026 6724 4271/2secretarial@polysilirrigation.comVisit Website