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15 Days Price Change

Polysil Irr Systems IPO

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WEBSITE Inc. Year: 1985 Industry: Plastic Products Listed Page

Profile
Issue Size --
Profile
Price Range 54  to  54 per share
Profile
Min Investment ₹54
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Polysil Irrigation Systems Limited is a leading provider of irrigation solutions, specializing in the manufacturing and distribution of irrigation equipment and systems. Based in India, the company offers a comprehensive range of products designed to optimize water usage and enhance agricultural productivity. Polysil's product line includes drip irrigation systems, sprinklers, pipes, fittings, and accessories, catering to the diverse needs of farmers and agricultural enterprises. With a focus on innovation and quality, Polysil Irrigation Systems integrates advanced technology and sustainable practices into its solutions to address water scarcity challenges and promote efficient irrigation practices. The company's commitment to customer satisfaction, coupled with its extensive distribution network and technical support services, has positioned it as a trusted partner for agricultural irrigation solutions, both domestically and internationally. Through continuous research and development efforts, Polysil Irrigation Systems Limited strives to remain at the forefront of the irrigation industry, driving sustainable agriculture practices and contributing to food security initiatives. Read More

Basic Info

Face Value 10 per share

Price 54  to  54 per share

P/E (x) -0.3

Sales( Cr.) 14

PAT( Cr.) -2

EPS -163

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Bharatkumar Patel Prafulbhai Radadia.

Pre Issue Share Holding 33.79%

Post Issue Share Holding 29.49%

Listing Details:

Listing Price: 46.35

Listing Gain: -16.5%

Current Price: 153.9

Gain On Issue: 153.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Feb 08, 2024
Closing Date Feb 13, 2024
Allotment Feb 14, 2024
Refund Feb 15, 2024
Delivery of Shares Feb 15, 2024
Listing Date Feb 16, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 108,000
Retail (Max) 1 2000 108,000
S-HNI (Min) 2 4000 216,000
S-HNI (Max) 9 18000 972,000
B-HNI (Min) 10 20000 1,080,000

Objective of the Issue

1. Funding our Working Capital Requirements. 2. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 1614500 3422740 2.1x
Retail 1614500 18760490 11.6x
EMP 0 0 0x
Total 3229000 22215520 6.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Polysil Irr Systems Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 55 38 44 44 14
Other Income 0 0 0 0 0
Total Income 55 38 44 45 14
Total Expenditure 52 35 40 39 13
Operating Profit 3 3 4 6 1
Interest 1 1 1 2 2
Depreciation 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 1 1 2 3 -1
Provision for Tax 0 0 2 1 1
Profit After Tax 1 0 1 2 -2
Adjustments 0 0 0 0 0
Profit After Adjustments 1 0 1 2 -2
Adjusted Earnings Per Share 0.7 0.4 0.9 1.8 -1.6

Polysil Irr Systems Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 13 14 15 25 23
Minority's Interest 0 0 0 0 0
Borrowings 1 2 2 1 1
Other Non-Current Liabilities 2 3 4 4 3
Total Current Liabilities 25 27 35 49 62
Total Liabilities 42 46 55 78 89
Fixed Assets 7 8 9 9 8
Other Non-Current Assets 1 0 0 1 0
Total Current Assets 34 38 46 69 79
Total Assets 42 46 55 78 89

Polysil Irr Systems Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0
Cash Flow from Operating Activities -0 -0 2 -6 2
Cash Flow from Investing Activities -1 -2 -2 -1 1
Cash Flow from Financing Activities 1 2 -0 7 -2
Net Cash Inflow / Outflow 0 -0 -0 -0 0
Closing Cash & Cash Equivalent 0 0 0 0 0

Polysil Irr Systems Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.68 0.35 0.88 1.83 -1.63
CEPS(Rs) 1.74 1.12 1.41 2.47 -1.01
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 14.01 14.36 15.52 22.02 18.26
Core EBITDA Margin(%) 5.5 7.24 9.89 12.51 6.92
EBIT Margin(%) 3.91 5.52 8.83 11.11 3.58
Pre Tax Margin(%) 1.87 1.73 5.43 6.79 -9.66
PAT Margin (%) 1.17 0.86 1.98 4.66 -13.33
Cash Profit Margin (%) 2.99 2.71 3.18 6.29 -8.22
ROA(%) 1.55 0.77 1.71 3.1 -2.21
ROE(%) 4.84 2.49 5.97 10.28 -8.11
ROCE(%) 8.9 8.18 13.03 13.63 1.26
Receivable days 119.06 184.55 207.17 310.39 1179.34
Inventory Days 76.83 110.34 108.38 123.34 612
Payable days 110.49 177.14 162.11 232.82 1040.23
PER(x) 0 0 0 16.7 0
Price/Book(x) 0 0 0 1.39 1.3
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.19 0.38 0.56 1.12 3.09
EV/Core EBITDA(x) 3.27 4.99 5.56 8.8 35.53
Net Sales Growth(%) 0 -31.08 16.62 1.34 -68.77
EBIT Growth(%) 0 -0.11 78.39 27.52 -89.94
PAT Growth(%) 0 -47.92 157.19 138.68 -189.39
EPS Growth(%) 0 -47.92 148.29 108.29 -189.39
Debt/Equity(x) 0.83 1.09 1.01 0.67 0.8
Current Ratio(x) 1.38 1.38 1.31 1.42 1.26
Quick Ratio(x) 0.91 0.93 0.91 1.09 0.77
Interest Cover(x) 1.91 1.46 2.6 2.57 0.27
Total Debt/Mcap(x) 0 0 0 0.48 0.61

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -68% -28% 0% 0%
Operating Profit CAGR -83% -31% 0% 0%
PAT CAGR -200% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 311% NA% NA% NA%
ROE Average -8% 3% 3% 3%
ROCE Average 1% 9% 9% 9%

Company Contact Information

Polysil Irrigation Systems Ltd.

Survey No- 340/1, Beside Hystuff Steel At Post Raniya Taluka Savli

IPO Lead Manager(s)

Polysil Irrigation Systems Ltd.

Fedex Securities Ltd.

Registrar Info

Polysil Irrigation Systems Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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