Sabar Flex India Ltd.
NNSE:SABAR9.35
INR
-0.05
(-0.53%)
ISIN
INE0DZ101013
Return %
Stock
S&P 500
1Y
74.77
14.20
3Y
-65.24
81.12
5Y
- -
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
INR
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in mil. unless spec.Semi-annual Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Hikmatbahadur K. Kunwar
- Full Time Employees
- 40
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- B1/104 Palladium Building Ahmedabad India 380015
- IPO Date
- Sep 21, 2022
- Website
- sabarflex.com
- Similar Companies
- Business
- Sabar Flex India Ltd manufactures and supplies flexible packaging solutions primarily for the food, beverage, gourmet foods, and other consumer industries. The company specializes in the conversion of flexible packaging materials through gravure printing and production of specialized fancy pouches; custom-designed laminate structures for primary packaging of solid, powder, or liquid products in consumer and bulk formats; and duplex and triplex laminates from substrates including PET, BOPET, metallized PET, pearlized BOPP, matt BOPP, BOPP, metallized BOPP, CPP, metallized CPP, BOPA (nylon), aluminum foil, and co-extruded PE. It also offers stretch and colored films, mulch films, pouches, and liner bags, serving multinational FMCG companies, tea, confectionery, cakes, snacks, ice creams, textiles, pharmaceuticals, and automotive sectors. Originally established as a partnership firm, Sabar Flex Industries, on March 6, 2007, the company converted to a public limited entity under the name Sabar Flex India Ltd on June 7, 2018, with corporate identification number U25209GJ2018PLC102720. Headquartered in Ahmedabad, Gujarat, India, at B/1/104, Palledium, Corporate Road, Prahladnagar, it operates manufacturing facilities strategically located near major Indian ports to facilitate exports. In recent developments, Sabar Flex India listed on the National Stock Exchange (NSE SME) in September 2022 following its initial public offering. The company approved fundraising initiatives, including up to INR 20 crore via further public offer of equity shares as of April 2024 and allotment of 58 lakh convertible warrants on December 6, 2024; it also expects to receive INR 34.8 million in funding from RFBL Flexi Pack Limited and other investors as announced in early December. Additional strategic actions encompass increases in authorized share capital, alterations to the memorandum of association, and board approvals for financial results and expansions in 2024 and 2025.