Srivari Spices & Foods Ltd IPO
Price Range
₹40 - ₹42
-
Min. Quantity
3,000 Shares
Closes on
9 August 2023
-
Min. investment
₹1,26,000
Srivari Spices & Foods Ltd IPO Timeline
| Event | Date |
|---|---|
| Srivari Spices & Foods Ltd IPO Opening Date | 7 August 2023 |
| Srivari Spices & Foods Ltd IPO Closing Date | 9 August 2023 |
| Basis of Allotment | 14 August 2023 |
| Initiation of Refunds | 16 August 2023 |
| Credit of Shares to Demat | 17 August 2023 |
| Srivari Spices & Foods Ltd IPO Listing Date | 18 August 2023 |
Srivari Spices & Foods Ltd IPO Details
| Srivari Spices & Foods Ltd IPO Date | 7 August 2023 to 9 August 2023 |
| Srivari Spices & Foods Ltd IPO Face Value | ₹10 per share |
| Srivari Spices & Foods Ltd IPO Price | ₹40 to ₹42 per share |
| Srivari Spices & Foods Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹9 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹8.57 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rathi Narayan Das, Neihaa Rathi |
Srivari Spices & Foods Ltd IPO Lot Size
The Srivari Spices & Foods Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,26,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,26,000 |
| Maximum | 1 | 3,000 | ₹1,26,000 |
- Strengths
- Risks
- Opportunities
- Scaled platform with strong track record of growth and market leadership;
- Experienced management team, backed by a strong board and marquee shareholders, along with strong culture of compliance;
- Deeply entrenched, long-standing client relationships with a diversified and expanding client base.
Company Financials
Srivari Spices & Foods Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 82.08 | 111.99 | 9.72 |
| 03-2024 | 54.86 | 78.29 | 7.03 |
| 03-2023 | 25.68 | 35.82 | 3.09 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the working capital requirements of the company
- General corporate purposes
Srivari Spices & Foods Ltd IPO Promoter Holding
| Pre Issue Share Holding | 50.72% |
| Post Issue Share Holding | 35.51% |
Srivari Spices & Foods Ltd IPO Subscription Status (Bidding Detail)
The Srivari Spices & Foods Ltd IPO is subscribed 300.0686 times on 9 August 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 300.0686 |
Srivari Spices & Foods Ltd IPO Prospectus
Srivari Spices & Foods Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0ON201012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
# 5-105/4/A, SY # 234/A SriramIndus Area Kattedan Jalpally,Hyderabad-500077
Phone: +91 40 3576 8663
Email: info@srivarispices.com
Website: www.srivarispices.com
Srivari Spices & Foods Ltd IPO Registrar
Srivari Spices & Foods Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
How to Check the Allotment Status of Srivari Spices & Foods Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Srivari Spices & Foods Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Srivari Spices & Foods Ltd IPO
Srivari Spices & Foods Limited was incorporated on January 29, 2019 as a Private Limited Company with the Deputy Registrar of Companies, Central Registration Centre. Later on, the status of the Company got converted into a Public Company and the name changed to Srivari Spices and Foods Limited' through fresh Certificate of Incorporation dated December 27, 2022.