IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Srivari Spices and Foods IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Hyderabad and caters to Agro - Flour Mill sector. GYR Capital Advisors Private is the merchant banker of Srivari Spices and Foods IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st April 2023.
Srivari Spices and Foods IPO open date is 7th August 2023 and close date is 9th August 2023. IPO Allotment Date is 14th August 2023 and Listing date is 18th August 2023.Srivari Spices and Foods IPO size is Rs 9.00 Cr. crores with IPO price of Rs 42.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the Srivari Spices and Foods IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Srivari Spices and Foods IPO.
Srivari Spices and Foods IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Neomile Growth Fund | 366,000.00 | ₹42.00 | ₹15,372,000.00 |
| Zinnia Investment Advisers | 240,000.00 | ₹42.00 | ₹10,080,000.00 |
Srivari Spices and Foods IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Srivari Spices and Foods IPO, based in Hyderabad, operates in the Agro - Flour Mill sector with a focus on Manufacturing spices and flour. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Srivari Spices and Foods IPO size is ₹ 9.00 Cr. Crores with fresh issue size of Rs 9.00 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Srivari Spices and Foods IPO is expected to be 14th August 2023, after the finalization of basis of allotment. Investors can check Srivari Spices and Foods IPO allotment status on the registrars website, Bigshare Services Private Limited. Srivari Spices and Foods IPO refund dates are 16th August 2023.
Srivari Spices and Foods IPO is expected to be listed on 18th August 2023.
The upper price band for the Srivari Spices and Foods IPO is set at ₹ 42.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Srivari Spices and Foods IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Srivari Spices and Foods IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th August 2023. After submission, funds are blocked until the basis of allotment of Srivari Spices and Foods IPO is finalised.
The merchant banker for Srivari Spices and Foods IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Srivari Spices and Foods IPO RHP for further details.
The registrar for Srivari Spices and Foods IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Srivari Spices and Foods IPO through their official website or helpline.
Srivari Spices and Foods IPO was subscribed 450.03 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 9.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.00 Cr.
Sector: Agro - Flour Mill
SME IPO so far:
2
Merchant Banker:
GYR Capital
SME IPO by BRLM so far:
47
City:
Hyderabad
SME IPO so far:
23
Revenue (annualised):
₹ 35.81 cr.
PE
Ratio:
9.59x
Average Sector PE Ratio: 12.87x
Srivari Spices and Foods IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Srivari Spices and Foods Financial Review Page
Merchant Banker(s) of Srivari Spices and Foods IPO: GYR Capital Advisors Private Limited
Srivari Spices and Foods IPO subscription was 450.03 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.
Srivari Spices and Foods IPO listed at a listing price of 106.55 against the offer price of 42.00.
The current market price of Srivari Spices and Foods is 178.25.
Why Us?
