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Srivasavi Adhesive Tapes IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Bangalore and caters to Chemical - Paint And Adhesives sector. Shreni Shares is the merchant banker of Srivasavi Adhesive Tapes IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2022.
Srivasavi Adhesive Tapes IPO open date is 23rd February 2023 and close date is 28th February 2023. IPO Allotment Date is 3rd March 2023 and Listing date is 9th March 2023.Srivasavi Adhesive Tapes IPO size is Rs 15.50 Cr. crores with IPO price of Rs 41.00 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.
Shreni Shares Limited is the book-running lead manager of the Srivasavi Adhesive Tapes IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for Srivasavi Adhesive Tapes IPO.
Srivasavi Adhesive Tapes IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Srivasavi Adhesive Tapes IPO, based in Bangalore, operates in the Chemical - Paint And Adhesives sector with a focus on chemical. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Srivasavi Adhesive Tapes IPO size is ₹ 15.50 Cr. Crores with fresh issue size of Rs 15.50 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Srivasavi Adhesive Tapes IPO is expected to be 3rd March 2023, after the finalization of basis of allotment. Investors can check Srivasavi Adhesive Tapes IPO allotment status on the registrars website, Bigshare Services Private Limited. Srivasavi Adhesive Tapes IPO refund dates are 6th March 2023.
Srivasavi Adhesive Tapes IPO is expected to be listed on 9th March 2023.
The upper price band for the Srivasavi Adhesive Tapes IPO is set at ₹ 41.00 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 Srivasavi Adhesive Tapes 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 Srivasavi Adhesive Tapes 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 28th February 2023. After submission, funds are blocked until the basis of allotment of Srivasavi Adhesive Tapes IPO is finalised.
The merchant banker for Srivasavi Adhesive Tapes IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Srivasavi Adhesive Tapes IPO RHP for further details.
The registrar for Srivasavi Adhesive Tapes 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 Srivasavi Adhesive Tapes IPO through their official website or helpline.
Srivasavi Adhesive Tapes IPO was subscribed 7.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 15.50 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.24 Cr.
Sector: Chemical - Paint And Adhesives
SME IPO so far:
6
Merchant Banker:
Shreni Shares
SME IPO by BRLM so far:
47
City:
Bangalore
SME IPO so far:
27
Revenue (annualised):
₹ 61.14 cr.
PE
Ratio:
16.08x
Average Sector PE Ratio: 22.50x
Srivasavi Adhesive Tapes IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Srivasavi Adhesive Tapes Financial Review Page
Merchant Banker(s) of Srivasavi Adhesive Tapes IPO: Shreni Shares Limited
Srivasavi Adhesive Tapes IPO subscription was 7.75 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.
Srivasavi Adhesive Tapes IPO listed at a listing price of 40.00 against the offer price of 41.00.
The current market price of Srivasavi Adhesive Tapes is 73.00.
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