Shriram Properties Limited IPO
Shriram Properties Limited IPO is listed on BSE and NSE, priced at ₹113–₹118 per share. The stock debuted at ₹90. The IPO had a lot size of ₹125 shares and a minimum investment of ₹14,750.
Shriram Properties Limited IPO
- IPO Dates
- Dec 8, 2021 – Dec 10, 2021
- Price band
- ₹113-118 per equity share
- Minimum Investment
- ₹14,750
- Issue size
- Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 Crores
- Lot size
- 125
- Allotment Date
- Dec 16, 2021
- Listing
- Dec 20, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Dec 8, 2021
Open Date
Completed
-
Dec 10, 2021
Close Date
Completed
-
Dec 16, 2021
Allotment Date
Completed
-
Dec 20, 2021
Listing Date
Completed
Price Summary
- Last closing
- 84.92 (-28.03%)
- 52 week high
- 105.58
- 52 week low
- 60.57
- Last update
Shriram Properties Limited IPO Essentials
Shriram Properties Limited IPO Details
Shriram Properties Limited IPO is priced at ₹113-118 per share with a total issue size of Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 Crores. The IPO has a lot size of 125 shares and is listed on BSE and NSE.
- Issue price
- ₹113-118 per equity share
- Lot size
- 125 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 Crores
- Listing at
- BSE, NSE
- List price
- 90.00(NSE)
- Listing date
- Registrar
- KFintech Private Limited
- Lead manager
-
Axis Capital Limited,ICICI Securities Limited,Nomura Financial Advisory
Shriram Properties Limited IPO Analytics
Shriram Properties Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shriram Properties Limited IPO Subscription Status
Shriram Properties Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 158,49,559 |
79,24,778
|
52,83,185 | 2,94,117 | 293,51,639 |
|
Day 1
08-12-21 05:00 PM
|
0.00 x |
0.04x
|
4.85 x | 0.36 x | 0.89 x |
|
Day 2
09-12-21 05:00 PM
|
0.12 x |
0.19x
|
8.35 x | 0.79 x | 1.63 x |
|
Day 3
10-12-21 05:00 PM
|
1.85 x |
4.83x
|
12.72 x | 1.24 x | 4.60 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 456666 (Approx) | 11.28 | ||
Shriram Properties Limited Valuations
Earnings
- EPS (Post IPO)
- ₹(4.02)/-
- P/E Ratio
- (29.35)
Returns
- RoNW
- 5.13%
Shriram Properties Limited Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 3,299.48 | 3,417,30 | 3,365.63 |
| Revenue | 501.30 | 631,84 | 723.78 |
| Profit After Tax | (68.17) | (86.39) | 48.79 |
Shriram Properties Limited Company & Offer Insights
About Shriram Properties Limited
Incorporated in 2000, Shriram Properties is a part of the Shriram Group and is one of the leading residential real estate development companies in South India. The company primarily focuses on the mid-market and affordable housing segments. The company is also present in the mid-market premium and luxury housing categories as well as commercial and office space categories. Bengaluru and Chennai are the key markets for the company. The company also has operations in Coimbatore, Visakhapatnam, and Kolkata.As of September 30, 2021, the company has completed 29 projects, out of which 24 are in the cities of Bengaluru and Chennai. As of September 30, 2021, the company has a total portfolio of 35 projects in ongoing, projects under development, and forthcoming projects, stages, aggregating to 46.72 million square feet of estimated saleable area.
Shriram Properties Limited Promoter(s)
M. Murali, Shriram Properties Holdings Private Limited, Shriram Group Executives Welfare Trust are the company's promoters of Shriram Properties Limited.
Shriram Properties Limited IPO Issue Objectives
- •
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and its subsidiaries, Shriprop Structures, Global Entropolis and Bengal Shriram;
- •
- General corporate purposes, subject to applicable laws.
Shriram Properties Limited IPO - Anchor Investors
Shriram Properties mops up Rs 268.65 crore from anchor investors ahead of IPO
Global investors including Optimix Wholesale Global Emerging Markets, Societe Generale, Pioneer Investment Fund, Nomura, and Blue Mount Capital made investments in the company through the anchor book.
Domestic investors — SBI Life Insurance, Sundaram Mutual Fund, Aditya Birla Sun Life, Nippon Life, HDFC Life Insurance Company, and HDFC Trustee — also participated in the anchor book.
Shriram Properties Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Shriram Properties | 2.29 | (29.3) | 5.13% | 501.31 |
| Sobha Limited | 3.40 | 77.33 | 4.39% | 2,190.49 |
| Godrej Properties | 6.32 | 638.0 | 0.99% | 1,333.09 |
| Oberoi Reality | 4.49 | 60.50 | 7.42% | 2,090.59 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Shriram Properties Limited IPO is a book-built IPO worth ₹Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 Crores. The price band is ₹113–₹118 per share. The IPO opens on Dec 8, 2021 and closes on Dec 10, 2021. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.
The price band of Shriram Properties Limited IPO is ₹113 to ₹118 per share.
The lot size of Shriram Properties Limited IPO is 125 shares.
The minimum investment for Shriram Properties Limited IPO is approximately ₹14,750 based on the upper price band .
Shriram Properties Limited IPO opens on Dec 8, 2021 and closes on Dec 10, 2021.
The allotment date of Shriram Properties Limited IPO is Dec 16, 2021.
Shriram Properties Limited IPO is expected to be listed on Dec 20, 2021, on BSE and NSE .
Shriram Properties Limited IPO listed on Dec 20, 2021. It was issued at ₹90.00(NSE) and is currently around ₹84.92 as on 14-May-2026 3:30 PM, which is approximately -28.0% versus issue price. The 52-week high is ₹105.58.
Based on listing and post-listing performance, Shriram Properties Limited IPO delivered around -28.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Shriram Properties Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Shriram Properties Limited IPO valuation snapshot: P/E (29.35), EPS ₹(4.02)/-, P/B N/A, RoNW 5.13%, and market cap N/A.
To apply for Shriram Properties Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shriram Properties Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shriram Properties Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shriram Properties Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shriram Properties Limited IPO allotment status on IPO Ji for quick and easy access.