Srivasavi Adhesive Tapes Limited IPO
NSE SMEListed On: Mar 9, 2023 at ₹ 40.0
₹ 246000 /6000 Shares
*Min Investment
23 Feb, 2023
Open Date28 Feb, 2023
Close Date03 Mar, 2023
Allotment Date09 Mar, 2023
Listing DateSrivasavi Adhesive Tapes Limited IPO Issue Details
- Issue Price ₹41 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price Fresh Issue of 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr)
- Listing at NSE SME
- List Price 40.0
- Listing Date 2023-03-09
- Lead Manager Shreni Shares Private Limited
- Registrar Bigshare Services Pvt Ltd
Srivasavi Adhesive Tapes Limited IPO Details
- Retail Portion N/A
Srivasavi Adhesive Tapes Limited IPO Details
Srivasavi Adhesive Tapes Limited IPO is an SME IPO, priced at ₹41 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 Feb 23, 2023 to Feb 28, 2023. The allotment is expected to be finalized on Mar 3, 2023, and the tentative listing date is Mar 9, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Srivasavi Adhesive Tapes Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,794,000 | 1,794,000 | 3,588,000 |
Day 1 23-02-23 06:00 PM | 0.68 x | 0.18 x | 0.43 x |
Day 2 24-02-23 06:00 PM | 1.15 x | 0.41 x | 0.78 x |
Day 3 27-02-23 06:00 PM | 1.46 x | 1.39 x | 1.42 x |
Day 4 28-02-23 06:00 PM | 7.11 x | 8.27 x | 7.69 x |
Srivasavi Adhesive Tapes Limited Valuations
Srivasavi Adhesive Tapes Limited Company Financials
| 30-Sept-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 3,051.98 | 2,763.35 | 2,263.66 | 2,038.86 |
| Revenue | 3,072.61 | 6,392.19 | 5,566.61 | 4,634.50 |
| Profit After Tax | 180.73 | 362.12 | 187.34 | 101.13 |
About Srivasavi Adhesive Tapes Limited Company
Srivasavi Adhesive Tapes Limited is engaged in manufacturing, coating, converting, and Die cuts of industrial Specialty self-adhesive tapes. Srivasavi is an ISO 9001:2015 certified company certified by TUV Nord.
Srivasavi Adhesive Tapes Limited customized die cuts of Films, Foams, and allied products. It caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries.
The company serves its customers with a wide range of pressure-sensitive adhesive tapes, BOPP tapes, Eco-Friendly paper Tapes, Filament tapes, Double Side tapes, Packaging tapes, Specialty Protection tapes, Surface Protection tapes, Masking tapes, Specialty Foams/ Films.
Srivasavi Adhesive widely has two business divisions
-Domestic Sales
-Exports
The company has a presence in 23 states in the domestic market base. And Internationally they supply products in including Egypt, United State of America, France, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Indonesia, Sri Lanka, and UAE based on sales made for the period ended September 30, 2022.
Srivasavi Adhesive Tapes Limited - Promoter(s)
D N Anilkumara
Ashwini DA
Pre Issue Share Holding : 99.84%
Post Issue Share Holding : 73.21%
Srivasavi Adhesive Tapes Limited IPO - Issue Objectives
Funding working capital requirements;
General corporate purposes.
Srivasavi Adhesive Tapes Limited IPO - FAQs
Ans. Srivasavi Adhesive Tapes Limited IPO is a SME IPO. The issue is priced at ₹41 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Feb 23, 2023, and closes on Feb 28, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Srivasavi Adhesive Tapes Limited IPO opens on Feb 23, 2023 and closes on Feb 28, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Srivasavi Adhesive Tapes Limited IPO is Fresh Issue of 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr).
Ans. The Srivasavi Adhesive Tapes Limited IPO price band is set between ₹41 per equity share.
Ans. To apply for Srivasavi Adhesive Tapes Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Srivasavi Adhesive Tapes 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 Srivasavi Adhesive Tapes Limited IPO is Mar 3, 2023.
Ans. The Srivasavi Adhesive Tapes Limited IPO will be listed on Mar 9, 2023.
Ans. Follow the steps to check the Srivasavi Adhesive Tapes Limited IPO allotment status online.
