| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 2,000 | ₹1,08,000 |
| HNI / NII | 2 | 4,000 | ₹2,16,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 15,32,000 (47.46%) | — | ₹827.28 Cr |
| Retail Investors | — | 15,32,000 (47.46%) | — | ₹827.28 Cr |
| Total ** | — | 32,28,000 (100.00%) | — | ₹17,431.20 Cr |
| Market Maker * | — | 1,64,000 (5.08%) | — | ₹8.86 Cr |
| Metric | 31 Aug 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1019.74 | 4392.49 | 3767.21 |
| PAT | 110.31 | 113.53 | 33.75 |
| EBITDA | — | — | — |
| Net Worth | 1646.02 | 1535.71 | 1372.06 |
| Total Assets | 5671.49 | 5531.46 | 4616.80 |
| Reserves | 656.31 | 546.00 | 1326.56 |
| Borrowings | 1566.17 | 1547.25 | 1494.96 |
Polysil Irrigation Systems Limited was established in 1985 and manufactures and distributes HDPE pipes, fittings, and micro irrigation systems, such as drip irrigation systems and sprinkler irrigation systems as well as their components, accessories, and related products under the brand name Polysil.
The company's product range includes HDPE pipes, pipe fittings, and irrigation equipment, including disc filters, screen filters, hydro cyclone filters, sand filters (gravel), compression fittings, valves (electrical and mechanical), fertilizer tanks, digital controllers, pressure gages, etc.
Polysil Irrigation Systems operates in Gujarat, Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh, Uttar Pradesh, Rajasthan and Haryana. The company sells its products through institutional markets and the open market. As of August 15, 2023, the company sold its products through 9 distributors and around 425 dealers in India.
The company's manufacturing unit is located in Vadodara, Gujarat, and covers an area of 100,000 sq.ft.
As of March 31, 2023, the company had 52 people, including skilled and unskilled workers, administrative staff, and the management team.