Srivari Spices and Foods Limited IPO
NSE SMEListed On: Aug 18, 2023 at ₹ 101.5
₹ 126000 /3000 Shares
Check AllotmentSrivari Spices and Foods Limited IPO Details
07 Aug, 2023
Open Date09 Aug, 2023
Close Date14 Aug, 2023
Allotment Date18 Aug, 2023
Listing DateIssue Price
₹40-42 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
101.5Listing Date
2023-08-18Market Lot
3000 Shares (₹126,000/-)Lead Manager
Gyr Capital Advisors LimitedIssue Size
2,142,000 shares(aggregating up to ₹9.00 Cr)Retail Portion
35%Subscription
450.10 timesIPO Docs
DRHPSrivari Spices and Foods Limited IPO Subscription 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
Earnings Per Share (EPS)
₹7.07/-P/E Ratio
N/ARoNW
34.35%Net Asset Value (NAV) - Post Issue
₹N/A/-Srivari Spices and Foods Limited Company Financials All values are in ₹ Lakh
| 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 The 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)
Pre Issue Share Holding: 99.90%
Post Issue Share Holding: %
Company Promoter(s)
- Rathi Narayan Das
- Neihaa Rathi
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. The size of Srivari Spices and Foods Limited IPO is 2,142,000 shares(aggregating up to ₹9.00 Cr).
Ans. The IPO price band is set between ₹40-42 per equity share.
Ans. To apply for Srivari Spices and Foods Limited IPO 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 allotment status for Srivari Spices and Foods Limited IPO here.
