Srivari Spices and Foods Limited IPO
Srivari Spices and Foods Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹40–₹42 per share. The stock debuted at ₹101.5, delivering a listing gain of 141.7%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,26,000.
Srivari Spices and Foods Limited IPO
- IPO Dates
- Aug 7, 2023 – Aug 9, 2023
- Price band
- ₹40-42 per equity share
- Minimum Investment
- ₹1,26,000
- Issue size
- 2,142,000 shares(aggregating up to ₹9.00 Cr)
- Lot size
- 3000
- Allotment Date
- Aug 14, 2023
- Listing
- Aug 18, 2023
- Listing At
- NSE SME
IPO timeline
-
Aug 7, 2023
Open Date
Completed
-
Aug 9, 2023
Close Date
Completed
-
Aug 14, 2023
Allotment Date
Completed
-
Aug 18, 2023
Listing Date
Completed
Srivari Spices and Foods Limited IPO Essentials
Srivari Spices and Foods Limited IPO Details
Srivari Spices and Foods Limited IPO is priced at ₹40-42 per share with a total issue size of 2,142,000 shares(aggregating up to ₹9.00 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹40-42 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,142,000 shares(aggregating up to ₹9.00 Cr)
- Listing at
- NSE SME
- List price
- 101.5
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Gyr Capital Advisors Limited
Srivari Spices and Foods Limited IPO Details
- Retail Portion 35%
Srivari Spices and Foods Limited IPO Documents
Srivari Spices and Foods Limited IPO Analytics
Srivari Spices and Foods Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Srivari Spices and Foods Limited IPO Subscription Status
Srivari Spices and Foods 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 | 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
Earnings
- EPS (Post IPO)
- ₹7.07/-
Returns
- RoNW
- 34.35%
Srivari Spices and Foods Limited Financials( In Lakhs)
| 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 |
Srivari Spices and Foods Limited Company & Offer Insights
About Srivari Spices and Foods Limited
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 are the company's promoters of Srivari Spices and Foods Limited.
Srivari Spices and Foods Limited IPO Issue Objectives
- •
- Funding the working capital requirements of our Company
- •
- General corporate purposes
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Srivari Spices and Foods Limited IPO is a book-built IPO worth ₹2,142,000 shares(aggregating up to ₹9.00 Cr). The price band is ₹40–₹42 per share. The IPO opens on Aug 7, 2023 and closes on Aug 9, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Srivari Spices and Foods Limited IPO is ₹40 to ₹42 per share.
The lot size of Srivari Spices and Foods Limited IPO is 3000 shares.
The minimum investment for Srivari Spices and Foods Limited IPO is approximately ₹1,26,000 based on the upper price band .
Srivari Spices and Foods Limited IPO opens on Aug 7, 2023 and closes on Aug 9, 2023.
The allotment date of Srivari Spices and Foods Limited IPO is Aug 14, 2023.
Srivari Spices and Foods Limited IPO is expected to be listed on Aug 18, 2023, on NSE SME Platform.
Srivari Spices and Foods Limited IPO valuation snapshot: P/E N/A, EPS ₹7.07/-, P/B N/A, RoNW 34.35%, and market cap N/A.
To apply for Srivari Spices and Foods 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 Srivari Spices and Foods 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 Srivari Spices and Foods Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Srivari Spices and Foods Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Srivari Spices and Foods Limited IPO allotment status on IPO Ji for quick and easy access.