Shriram Properties Limited IPO
MainboardConstruction - Real Estate
Listed On: Dec 20, 2021 at ₹ 90.00(NSE)
₹ 14750 /125 Shares
Check AllotmentPrice Summary
Last Closing
107.77 (-8.67%)52 Week High
147.6052 Week Low
91.05Last Update
8-Nov-2024 3:30 PMIPO Details
08 Dec, 2021
Open Date10 Dec, 2021
Close Date16 Dec, 2021
Allotment Date20 Dec, 2021
Listing DateIssue Price
₹113-118 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedList Price
90.00(NSE)Listing Date
2021-12-20Market Lot
125 Shares (₹14,750/-)Lead Manager
Axis Capital Limited,ICICI Securities Limited,Nomura Financial AdvisoryIssue Size
Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 CroresRetail Portion
10% (Number of Retail Applications : 40,500 Approx)Subscription
4.60 timesIPO Subscription Details
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 | 0.04 | 4.85 x | 0.36 x | 0.89 x |
Day 2 - 09-12-21 05:00 PM | 0.12 x | 0.19 | 8.35 x | 0.79 x | 1.63 x |
Day 3 - 10-12-21 05:00 PM | 1.85 x | 4.83 | 12.72 x | 1.24 x | 4.60 x |
Valuations
Earnings Per Share (EPS)
₹(4.02)/-P/E Ratio
(29.35)RoNW
5.13%Net Asset Value (NAV) - As on 30.09.21
₹51.53Company Financials All values are in ₹ Cr.
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 |
About The Company
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.
Read More- Peers Comparison
P/B Ratio | P/E Ratio | RoNW | Net Worth | |
---|---|---|---|---|
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 |
- Promoter(s)
Pre Issue Share Holding: 31.98%
Post Issue Share Holding: 27.98%
Company Promoter(s)
- M. Murali
- Shriram Properties Holdings Private Limited
- Shriram Group Executives Welfare Trust
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.
IPO - Anchor Investors
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.
IPO - FAQs
Ans. Shriram Properties Limited IPO is a Mainboard IPO. The issue is priced at ₹113-118 per equity share. The minimum order quantity is 125 Shares. The IPO opens on Dec 8, 2021, and closes on Dec 10, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Shriram Properties Limited IPO opens on Dec 8, 2021 and closes on Dec 10, 2021.
Ans. The size of Shriram Properties Limited IPO is Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 Crores.
Ans. The IPO price band is set between ₹113-118 per equity share.
Ans. To apply for Shriram Properties Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shriram Properties 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 Shriram Properties Limited IPO is Dec 16, 2021.
Ans. The Shriram Properties Limited IPO will be listed on Dec 20, 2021.
Ans. Follow the steps to check the allotment status for Shriram Properties Limited IPO here.