Srivari Spices and Foods Limited IPO Date, Price, Review and Details
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August 07, 2023 - August 09, 2023
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Srivari Spices and Foods Limited IPO
Srivari Spices and Foods Limited was engaged produces spices and chakki atta (flour) and distributing these products in the regions of Telangana and Andhra Pradesh. They carefully select the ingredients for their products from different places in the country. They process these products very carefully and don't add any artificial preservatives or chemicals. This way, they make a range of organic spices and flour that keeps the freshness and goodness of each ingredient. They make and pack their items in amounts that can last customers until the product expires. This helps prevent unnecessary waste and ensures a variety of products that retain the freshness and quality of each ingredient.
Company Promoters:
• Rathi Narayan Das
• Neihaa Rathi
Objects of this Issue:
• Funding the working capital requirements of their Company.
• General corporate purposes.
Financial Information of the Company:
|
Particular |
Amount in Lakhs (Rs.) |
||
|
As
on 31 March 2023 |
As
on 31 Mar 2022 |
As
on 31 Mar 2021 |
|
|
Total Assets |
2,568.13 |
1,067.62 |
627.38 |
|
Total Liabilities |
1,658.11 |
567.88 |
200.48 |
|
Net Profit |
312.61 |
72.84 |
35.27 |
Srivari Spices and Foods Limited IPO Schedule
1. Bid or Offer Opens on: 07 August 2023
2. Bid or Offer Closes on: 09 August 2023
3. Finalization of BoA: 14 August 2023
4. Initiation of Refunds: 16 August 2023
5. Credit of shares to Demat account: 17 August 2023
6. Listing Date: 18 August 2023
Srivari Spices and Foods Limited IPO Lot Size
The market lot size of Srivari Spices and Foods Limited IPO is 6,000 shares. The minimum and maximum order quantity is as follows:
|
Application |
Lots |
Shares |
Amount |
|
Minimum |
1 |
3,000 |
₹126,000 |
|
Maximum |
1 |
3,000 |
₹126,000 |
|
S-HNI(Minimum) |
2 |
6,000 |
₹252,000 |
Frequently Asked Question
Minimum and maximum order quantity is 1 lot only.
The meaning of "Srivari Spices and Foods Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Srivari Spices and Foods Limited IPO on the current day.
Opening date of Srivari Spices and Foods Limited IPO is August 07, 2023.
Lot size of the Srivari Spices and Foods Limited IPO is 3000 shares.
If you do not get the allotment of Srivari Spices and Foods Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Srivari Spices and Foods Limited IPO share price ₹40 to ₹42 per share.
Srivari Spices and Foods Limited IPO shares will get listed on August 18, 2023.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Srivari Spices and Foods Limited IPO Shares will get listed at NSE SME.
Pre-issue shareholding of the Srivari Spices and Foods Limited IPO promoter is 99.90%.
Post-issue shareholding of the Srivari Spices and Foods Limited IPO promoter is [.] %.
You will receive Srivari Spices and Foods Limited IPO shares in your Demat account on August 17, 2023, if allotted.
Closing date of Srivari Spices and Foods Limited IPO is August 09, 2023.
The face value of Srivari Spices and Foods Limited IPO IPO is ₹10 per share.
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