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Srivari Spices and Foods Limited IPO Subscriptions Status Live Today

 

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Srivari Spices and Foods Limited IPO

August 07, 2023 - August 09, 2023 Closed

Srivari Spices and Foods Limited IPO Details

Issue Open

07 August 2023

Issue Close

09 August 2023

IPO Price

₹40 to ₹42 per equity share

Face Value

₹10 per equity share

IPO Size

₹9.00 Cr.

Listing At

NSE, SME

IPO Lot Size

3,000 Shares

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered retail investors.

Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.

Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.

Others- A category of eligible shareholders or other investors with a reserved IPO quota.

Frequently Asked Question

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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