Srivari Spices and Foods Limited IPO
NSE SMEListed On: Aug 18, 2023 at ₹ 101.5
₹ 252000 /6000 Shares
*Min Investment
07 Aug, 2023
Open Date09 Aug, 2023
Close Date14 Aug, 2023
Allotment Date18 Aug, 2023
Listing DateSrivari Spices and Foods Limited IPO Issue Details
- Issue Price ₹40-42 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,142,000 shares(aggregating up to ₹9.00 Cr)
- Listing at NSE SME
- List Price 101.5
- Listing Date 2023-08-18
- Lead Manager Gyr Capital Advisors Limited
- Registrar Bigshare Services Pvt Ltd
Srivari Spices and Foods Limited IPO Details
- Retail Portion 35%
Srivari Spices and Foods Limited IPO Documents
Srivari Spices and Foods Limited IPO Details
Srivari Spices and Foods Limited IPO is an SME IPO, priced at ₹40-42 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Aug 7, 2023 to Aug 9, 2023. The allotment is expected to be finalized on Aug 14, 2023, and the tentative listing date is Aug 18, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Srivari Spices and Foods Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 408,000 / 306,000 | 714,000 | 14,28,000 |
Day 1 07-08-23 06:00 PM | 1.23 / 6.64 x | 16.84 x | 10.19 x |
Day 2 08-08-23 06:00 PM | 1.26 / 28.77 x | 71.00 x | 42..03 x |
Day 3 09-08-23 06:00 PM | 79.10 / 786.46 x | 517.95 x | 450.10 x |
Srivari Spices and Foods Limited Valuations
Srivari Spices and Foods Limited Company Financials
| 31-Dec-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 2,060.26 | 1,067.63 | 627.40 | 235.88 |
| Revenue | 2,191.63 | 1,764.21 | 1,139.90 | 19.05 |
| Profit After Tax | 135.38 | 72.84 | 35.27 | -10.69 |
About Srivari Spices and Foods Limited Company
Srivari Spices and Foods Limited is engaged in the business of manufacturing spices and flour (chakki atta). The company also undertakes the process of marketing and selling its products. The company operates its operations primarily in and around Telangana and Andhra Pradesh.
Srivari Spices and Foods gathers its raw materials from various parts of the country and thereafter process the same to create the final products. The entire procedure is executed with utmost care and without the use of artificial preservatives or chemicals. This way they create organic spices and flour, which carry the freshness and goodness of each ingredient.
The company engages in two business models to sell its end products:
Direct to customer (D2C)
Business to business (B2B)
Srivari Spices and Foods Limited - Promoter(s)
Rathi Narayan Das
Neihaa Rathi
Pre Issue Share Holding : 99.90%
Post Issue Share Holding : %
Srivari Spices and Foods Limited IPO - Issue Objectives
Funding the working capital requirements of our Company
General corporate purposes
Srivari Spices and Foods Limited IPO - FAQs
Ans. Srivari Spices and Foods Limited IPO is a SME IPO. The issue is priced at ₹40-42 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Aug 7, 2023, and closes on Aug 9, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Srivari Spices and Foods Limited IPO opens on Aug 7, 2023 and closes on Aug 9, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Srivari Spices and Foods Limited IPO is 2,142,000 shares(aggregating up to ₹9.00 Cr).
Ans. The Srivari Spices and Foods Limited IPO price band is set between ₹40-42 per equity share.
Ans. To apply for Srivari Spices and Foods Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Srivari Spices and Foods Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Srivari Spices and Foods Limited IPO is Aug 14, 2023.
Ans. The Srivari Spices and Foods Limited IPO will be listed on Aug 18, 2023.
Ans. Follow the steps to check the Srivari Spices and Foods Limited IPO allotment status online.
