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LISTEDSME

Polysil Irrigation Systems IPO

Open 8th Feb 2024 · Close 13th Feb 2024 · Listing 16th Feb 2024

Verified 2026-08-2483% data coverage
Issue Price₹54.00
Listing Price₹56.00
Current Price
Listing Gain3.70%
Current Return

At a glance

Updated 2026-08-24

The shares listed at ₹56.00, a 3.70% move from the issue price. Polysil Irrigation Systems is a SME IPO with an issue size of ₹17.43 crore, proposed for listing on NSE SME. The offer opens on 8th Feb 2024 and closes on 13th Feb 2024. The issue structure includes a fresh issue of ₹6.91 crore and an offer-for-sale component of ₹9.63 crore. The current listing schedule points to 16th Feb 2024.

Issue details

Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹17.43 Cr
Fresh issue₹6.91 Cr
Offer for sale₹9.63 Cr
Face value₹10
Price band—–—
Allotment14th Feb 2024
Listing16th Feb 2024

Listing performance

Full performance ↗
Issue price₹54.00
Listing price₹56.00
Current price
Listing gain3.70%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹54.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens8th Feb 2024
Closes13th Feb 2024
Allotment14th Feb 2024
Refund15th Feb 2024
Demat15th Feb 2024
Listing16th Feb 2024

Subscription demand

Full bidding ↗
Total6.88×

Lot size

InvestorLotsSharesAmount
Minimum Bid12000

Company

Use of proceeds

ObjectAmount
Funding the Working Capital Requirements₹5.00 Cr
General corporate purposes₹1.05 Cr

31 Mar 2021

Assets41.78
Total Income54.72
Profit After Tax0.65
NET Worth13.38
Reserves and Surplus12.93
Total Borrowing11.05

31 Mar 2022

Assets46.17
Total Income37.67
Profit After Tax0.34
NET Worth13.72
Reserves and Surplus13.27
Total Borrowing14.95

31 Mar 2023

Assets55.31
Total Income43.92
Profit After Tax1.14
NET Worth15.36
Reserves and Surplus5.46
Total Borrowing15.47

31 Aug 2023

Assets56.71
Total Income10.20
Profit After Tax1.10
NET Worth16.46
Reserves and Surplus6.56
Total Borrowing15.66
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin
Price to Book Value

Valuation & shareholding

Pre-IPO EPS1.15
Post-IPO EPS2.33
Pre-IPO P/E47.08
Post-IPO P/E23.13
Promoter holding pre35.72%
Promoter holding post31.17%
Market cap₹61.24 Cr.

Issue expenses

ExpenseAmount
Lead manager(s) fees₹0.15 Cr
Fees payable to the Registrar to the Offer, Legal Advisors, Advisor to the Offer, Advertising, Expenses, Printing and Distribution of issue stationery, Brokerage, Selling, Commission and upload fees₹0.35 Cr
Regulators fees including stock exchanges₹0.08 Cr
Others, if any (including Underwriting Commission, Market making, advisory fees, depositories, marketing fees etc.)₹1.16 Cr

Registrar & lead managers

Registrar

Bigshare Services Pvt.Ltd.

Lead managers

  • Fedex Securities Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.