Sah Polymers files draft papers for IPO in SEBI

The IPO comprises a new issue of 1.02 crore shares and ₹ 8.45 crore from the proceeds will be utilized for setting up a facility to manufacture new variant of flexible intermediate bulk containers (FIBC).The company will also utilize the IPO funds to repay debts (₹ 16.66 crore), fulfil its working capital