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POLYSILSME / NSEListed

Polysil Irrigation Systems Limited

Polysil Irrigation Systems Limited, established in 1985, is a manufacturer and distributor of HDPE pipes, fittings, and micro irrigation systems, including drip and sprinkler irrigation systems, under the brand name Polysil. The company offers a wide range of products, including HDPE pipes, pipe fittings, disc filters, screen filters, hydrocyclone filters, sand (gravel) filters, compression fittings, electrical and mechanical valves, fertilizer tanks, digital controllers, and pressure gauges. Operating across Gujarat, Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, Uttar Pradesh, Rajasthan, and Haryana, Polysil sells its products through both institutional and open markets. As of August 15, 2023, the company had a distribution network of 9 distributors and around 425 dealers across India. Its manufacturing facility, located in Vadodara, Gujarat, spans 100,000 sq. ft., supporting its production and distribution operations. As of March 31, 2023, Polysil employed 52 people, including skilled and unskilled workers, administrative staff, and management, ensuring smooth business operations and product delivery.

₹54 - ₹546.92x sub
Listed Price56.00
Listing Gain+3.70%
TimelineFixed Price Issue IPO
Open08 Feb 2024
Close13 Feb 2024
Allotment14 Feb 2024
Listing16 Feb 2024

Quota Reservation Portions

RetailPortion: 15,32,000 shares
47.45%
Nii(hni)Portion: 15,32,000 shares
47.45%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,08,000
HNI2 lots / 4,000 shares
₹2,16,000

About the Company

Polysil Irrigation Systems Limited, established in 1985, is a manufacturer and distributor of HDPE pipes, fittings, and micro irrigation systems, including drip and sprinkler irrigation systems, under the brand name Polysil. The company offers a wide range of products, including HDPE pipes, pipe fittings, disc filters, screen filters, hydrocyclone filters, sand (gravel) filters, compression fittings, electrical and mechanical valves, fertilizer tanks, digital controllers, and pressure gauges. Operating across Gujarat, Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, Uttar Pradesh, Rajasthan, and Haryana, Polysil sells its products through both institutional and open markets. As of August 15, 2023, the company had a distribution network of 9 distributors and around 425 dealers across India. Its manufacturing facility, located in Vadodara, Gujarat, spans 100,000 sq. ft., supporting its production and distribution operations. As of March 31, 2023, Polysil employed 52 people, including skilled and unskilled workers, administrative staff, and management, ensuring smooth business operations and product delivery.

Company Promoters

Bharatkumar PatelPrafulbhai Radadia
Polysil Irrigation Systems Limited IPO Details | GMP, Allotment & Financials | IPO Trending