IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
Srivari Spices & Foods Ltd
Srivari Spices & Foods Ltd
Registered Office : # 5-105/4/A, SY # 234/A Sriram,Indus Area Kattedan Jalpally,Hyderabad Telangana 500077 Phone : +91 40 3576 8663
Fax :
Email : info@srivarispices.com
Website : www.srivarispices.com
Initial public issue of 21,42,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Srivari Spices and Foods Limited (the "Company" or "Srivari" or "Issuer") at an issue price of 42 per equity share (including a share premium of Rs. 32 per equity share) for cash, aggregating up to Rs. 9.00 crores* ("Public Issue") out of which 1,08,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 42 per equity share for cash, aggregating Rs. 0.46 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 20,34,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 42 per equity share for cash, aggregating up to Rs. 8.54 crores* is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 29.99 % and 28.48 % respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment The face value of the equity share is Rs. 10 and offer price is Rs. 42. The offer price is 4.2 times of the face value of the equity share.
Opens On
Closes On
07-Aug-2023
09-Aug-2023
Application
Allotment
42.00
0.00
Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
8.07
9.00
7.14
42.00
GYR Capital Advisors Pvt Ltd
- Funding the working capital requirements of the company
- General corporate purposes
- Rathi Narayan Das
- Neihaa Rathi
- NSE - SME
- Bigshare Services Pvt Ltd