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

Shriram Properties Limited IPO (Shriram Properties IPO) Details

Shriram Properties Limited is an Real Estate based company, located in Chennai, Shriram Properties Limited IPO size was 600.00 Cr. and was issued at 118.00 per share. The share of Shriram Properties Limited were listed at 99.40 per share and are currently trading at 100.00 per share.

Type :
Sub Sector : Realty Developers
MainBoard IPO

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

Revenue :
310.30 Cr.

PAT :
-120.06 Cr.

Pricing Report

Issue Price :
118.00

Listing Price :
99.40

Current Market Price :
100.00

Issue Price vs CMP :
18 (15.25%)

listing Price vs CMP :
0.59999999999999 (0.60%)

Performance Report (CAGR* wise)

CAGR : -5.21
-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 Shriram Properties

Company Information
Shriram Properties Limited is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. It is among the five largest residential real estate companies in South India in terms of the number of units launched between calendar years 2015 and 2020 across Tier 1 cities of South India, including Bengaluru and Chennai (Source: JLL). The company is present in the mid-market premium and luxury housing categories as well as commercial and office space categories in its core markets. It is part of the Shriram Group, a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. The company believes
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Object of Issue
  • 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 and
  • General Corporate Purposes

Shriram Properties MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2021
IPO Size :
600.00 Cr.
IPO Subscription :
4.60 X     
PE Multiple :
0.00
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Kfin Technologies Limited

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Peer Companies Of This Sector

FAQs

Shriram Properties operates in Real Estate and Realty Developers. The Issue is listed on MainBoard in Dec, 2021. Shriram Properties IPO size was 600.00 Cr. with Issue price of 118.00 .

Merchant Banker(s) of Shriram Properties IPO: Axis Capital Limited , ICICI Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited

Shriram Properties IPO subscription was 4.60 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.

Shriram Properties IPO listed at a listing price of 99.40 against the offer price of 118.00.

The current market price of Shriram Properties is 100.00.

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