247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Shrenik Limited IPO (Shrenik IPO) Details

Shrenik Limited is an Retail based company, located in Ahmedabad, Shrenik Limited IPO size was 21.60 Cr. and was issued at 40.00 per share. The share of Shrenik Limited were listed at 48.00 per share and are currently trading at 0.73 per share.

Type :
Sub Sector : Business Of Trading Of Different Types Of Papers
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
428.09 Cr.

PAT :
4.19 Cr.

Pricing Report

Issue Price :
40.00

Listing Price :
48.00

Current Market Price :
0.73

Issue Price vs CMP :
39.27 (98.18%)

listing Price vs CMP :
47.27 (98.48%)

Performance Report (CAGR* wise)

CAGR : -41.29
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Shrenik

Company Information
Incorporated in 2012, Shrenik is primarily engaged in the business of trading of different types of paper in Gujarat and Rajasthan through distribution channel. Their paper journey began with trading of variety of papers by their promoter Shrenikbhai Vimawala under the flagship of his proprietorship concern, 'Shree Shyam Corporation'. With gaining an insight of the industry coupled with an available opportunity, he converted his proprietorship concern into partnership firm 'Shrenik Tradelink', which was subsequently converted into Company.
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Object of Issue
  • Fulfill working capital requirements
  • General Corporate Purposes

Shrenik SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2017
IPO Size :
21.60 Cr.
PE Multiple :
19.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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Peer Companies Of This Sector

FAQs

Shrenik operates in Retail and Business Of Trading Of Different Types Of Papers. The Issue is listed on NSE EMERGE in Jul, 2017. Shrenik IPO size was 21.60 Cr. with Issue price of 40.00 .

Shrenik IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shrenik IPO listed at a listing price of 48.00 against the offer price of 40.00.

The current market price of Shrenik is 0.73.

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