Sabar Flex India Limited IPO

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i. Sabar Flex India is promoted by Mr. Hikmatbahadur K. Kunwar. At present look after the overall management, day to day affairs and is the guiding force behind the strategic decisions of the Company. His industry knowledge and understanding of the current market situation enables us to improve its geographic horizon and market presence. The company believes that they shall be able to create a market position by adhering to the vision of our Promoter and senior management and their experience.

ii. Their business operations are broadly divided into:

a. To carry on the business as manufacturers of and dealer in products, articles of packaging, made from paper, board, pulp of all kinds, cellulose films, polyethylene, plastic films, and metal foils and films of all kinds and other flexible or laminated materials, bags, pouches, envelops, sheets, rolls and all kinds of flexible packaging and manufacturing, fabricating, printing, treating, waxing and laminating all kinds of packing materials and all type of Raw Materials of packing materials. Manufacturing of ink and all type of raw material of ink.

b.  To carry on the business as manufacturers, processors, designers, buyers, sellers, exporters, importers and otherwise dealers in all kinds of packing cases, cartons, drums, crates, cans and containers, wooden boxes, plastic containers, polythene containers, bottles, hollow wares etc., whether made of plastic or any manmade fiber, or of other material, including high and low density polythene, polypropylene, plastic and other manmade fibrous material used in manufacture of all or any of the above products and raw materials used therefore.

c.  To carry on the business of manufacturers, buyers, sellers, importers, exporters and dealers in all kinds of packing materials, containers, receptacles, boxes, cartons, cases, drums, cages, tins, bins, jars, tubes, crates, packing cases, cans, bottles, vials and fittings thereof of every kind and to manufacture and deal in plastic, any other materials whether chemically treated or not, used for the manufacture of any of the articles or products or goods.

iii. Competitive Strengths :

  • Location Advantage
  • Strong management team and motivated and efficient work force
  • Quality Assurance
  • Research and Development capability

Objects of the Sabar Flex India Limited IPO:

The company proposes to utilize the funds which are being raised through this Issue towards the following objects: a) Funding the working capital requirements of the company b) General Corporate Purposes

Sabar Flex India Limited IPO Details:

Open Date: Sep 08 2022
Close Date: Sep 13 2022
Total Shares: 4,070,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue
Issue Size: 4.48 Cr.
Lot Size: 10000 Shares
Issue Price: ₹ 11 Per Equity Share
Listing At: NSE Emerge
Listing Date: Sep 21 2022

Promoters And Management:

i. Hikmatbahadur Krishnabahadur Kunwar, aged 51 years, is the Managing Director and promoters of the Company. He holds bachelor’s degree in business administration from Gujarat University. He also holds a graduation degree in commerce. He holds a diploma in computer training from ACT Computer Education and a post-graduate diploma in international business from University of Salford. He has experience of around 13 years in flexible packaging industry. He is associated with the company since its incorporation. ii. Manoj Kumar Agarwal, aged 49 years, is Executive Director of the Company. He has completed graduation from Ajmer University. He has experience of arounf 5 years in the packaing industry. He is associated with the company since incorporation. iii. Sonalbahen Pratik Bhatt, aged 34 years, is Additional Non-Executive Director the Company. She is a law graduate from Hemchandracharya North Gujarat University. She is a member of Bar Councile of Gujarat. She has expeience of around 8 years in practice of law. She is associated with the company since February 17, 2022.

Financials of Sabar Flex India Limited IPO:

Particulars (in crores) March 22 March 21 March 20
Revenue from operations 72.00 73.00 63.00
Cost of Materials Consumed 64.00 68.00 58.00
Direct Expense 2 2.00 2
Change in Inventories -1 -1.00 -3
Employee Benifit Expense 2 2 2
Other Expense 0 0 1
Operating Profit 4.80 1.70 3.50
OPM% 6.67% 2.33% 5.56%
Finance Cost 2 1 1
Depreciation 1 1 1
Other Income 0 1 1
Profit (Loss) before tax 1 1 1
Tax Expense -1 0 0
Profit (Loss) for the period 1 1 1
Earnings per share 1 1 1

Comparison With Peers:

Name of the Company P/E EPS Face value RONW %
Revenue (In Millions)
Huhtmaki PPL Limited 53.9 -3 2 -3.17 26,252.80
Mold-tek Packaging Limited 38.69 20.59 5 22.31 4,789
Essel Propack Limited 25 27.2 10 16.5 46,351
Sabar Flex India Limited  - 1.27 10 10 739.788

Lead Manager of Sabar Flex India Limited IPO:


Registrar of Sabar Flex India Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Sabar Flex India Limited B/1/104, Palledium, Nr. Orchid Wood Opp. Divya Bhaskar, Corporate Road, Prahladnagar, Ahmedabad 380015 Phone: 9429111979 Email: Website

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