Srivari Spices and Foods IPO Details, Opening Date, Price, GMP today, Review.

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Srivari Spices and Foods IPO is an SME IPO that is open for subscription on Monday, 7 August 2023. Srivari Spices and Foods IPO price band is set ₹40 to ₹42 per share.

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About Srivari Spices and Foods Limited.

Srivari Spices and Foods Limited started its business in 2019 with the express goal of offering quality spices, masalas, sharbati, and regular Atta (wheat flour) to Indian consumers. Srivari Spices and Foods Limited is headquartered in Hyderabad.

Srivari Spices and Foods Limited products include sharbati and regular atta, spices such as red chilli, dhania (coriander), and Haldi (turmeric), and masalas such as Madras Sambar Masala, Chicken Masala, Garam Masala, and Mutton Masala, are imported from across India to providing customers with a distinct flavor to enhance their dishes.

Srivari Spices and Foods Limited supplies their spices and masala to over 3000 retail locations and supplies their whole wheat and sharbati atta to over 15000 outlets in Telangana and Andhra Pradesh.

Srivari Spices and Foods Limited Products.

Srivari Spices and Foods Limited delivers below products;

  • Spices – Red chilli, Dhania (coriander), and Haldi (turmeric).
  • Masalas – Madras Sambar Masala, Chicken Masala, Garam Masala and Mutton Masala.
  • Atta (wheat flour) – Sharbati and Regular.

Srivari Spices and Foods IPO Details.

Srivari Spices and Foods Limited comes under an FMCG company and is preparing for its initial public offering (IPO). Srivari Spices and Foods Limited IPO subscription will open on Monday, 7 August 2023, and close on Wednesday, 9 August 2023. Srivari Spices and Foods Limited IPO price band is set for ₹40 to ₹42 per share. The funds collected from the IPO, Srivari Spices and Foods Limited will be utilized to finance working capital requirements and general corporate purposes.

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Purpose Of the Srivari Spices and Foods IPO Issue.

The public can be a part of investors in Srivari Spices and Foods Limited by buying the shares offered in the Srivari Spices and Foods IPO. The total funds collected through the Srivari Spices and Foods IPO, Srivari Spices and Foods Limited will use that to finance the company’s requirements for working capital, and general corporate purposes.

Srivari Spices and Foods IPO Date, Price, Lot Size, Listing.

IPO DateAugust 7, 2023, to August 9, 2023
Face Value₹10 per share
Price₹40 to ₹42 per share
Lot Size3000 Shares
Total Issue SizeAggregating up to ₹9.00 Cr
Fresh Issue2,142,000 Shares
Issue TypeBook Built Issue IPO
Listing AtNSE SME

Srivari Spices and Foods IPO Timetable (Tentative), Open Date, Close Date, Allotment, Listing Date.

IPO Open DateMonday, 7 August 2023
IPO Close DateWednesday, 9 August 2023
Basis of AllotmentMonday, 14 August 2023
Initiation of RefundsWednesday, 16 August 2023
Credit of Shares to DematThursday, 17 August 2023
Listing DateFriday, 18 August 2023
Cut-off time for UPI mandate confirmation5 PM on Aug 9, 2023

Srivari Spices and Foods IPO Lot Size, Minimum Investment & Maximum Investment.

ApplicationLotsSharesAmount
Retail (Min)13000₹126,000
Retail (Max)13000₹126,000
HNI (Min)26,000₹252,000

Srivari Spices and Foods Limited Board Of Directors.

Name of the DirectorDesignation
Mr. Narayan Das RathiChairman and Managing Director
Mrs. Neihaa RathiWhole Time Director
Mr. Hari PuttumurthiIndependent Director
Mr. Uday Kiran Reddy SamaIndependent Director
Mr. Rashida Younus AhmedabadwalaIndependent Director

Srivari Spices and Foods IPO Promoter Holding.

Pre Issue Share Holding99.90%
Post Issue Share Holding

Srivari Spices and Foods IPO Reservation, Shares Offered To QIB, NII (HNI), Retail.

QIB Shares OfferedNot more than 50% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue

Srivari Spices and Foods Limited Company Financial Status.

Below are the Srivari Spices and Foods Limited Company Financial Details in ₹ Lakhs figure.

Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets235.88627.381,067.622,568.13
Revenue19.051,139.901,764.213,582.01
Profit After Tax-10.6935.2672.84312.61
Net Worth177.54426.91499.75910.02
Reserves and Surplus-10.6924.5797.41410.02
Total Borrowing277.391,283.51

Srivari Spices and Foods Limited Company Market Cap, P/E Ratio, ROE, ROCE.

P/E Ratio9.59
Market Cap (₹ Cr.)30
ROE44.35%
ROCE23.65%
Debt/Equity1.41
EPS (Rs)4.45
RoNW24.79%

Srivari Spices and Foods Limited Financial Report For The Year 2021 – 2022.

Below is the Srivari Spices and Foods Limited Financial Year 2021-2022 Report. Here you can find a complete PDF of Srivari Spices and Foods Limited Financial Report For The Year 2021 – 2022.

Srivari Spices and Foods IPO

Srivari Spices and Foods Limited Company Investor Contacts Details.

Address: Srivari Spices and Foods Limited
Shed No. 5-105/4/A, SY No.234/A,
Sriram Industrial Area, Kattedan,
Jalpally, Hyderabad – 500 077

Phone: +91 40 3576 8663

Email: compliance@srivarispices.com

Websitewww.srivarispices.com

Srivari Spices and Foods IPO Grey Market Price. Srivari Spices and Foods IPO GMP Today.

Below is the Srivari Spices and Foods IPO GMP Per Day.

GMP DateGMPSub2 Sauda RateEstimated Listing PriceLast Updated Time
06-08-2023₹2358600₹65 (54.76%)6-Aug-2023 11:26:19 AM
05-08-2023₹2358600₹65 (54.76%)5-Aug-2023 09:00:17 PM
04-08-2023₹2358600₹65 (54.76%)4-Aug-2023 11:30:17 PM
03-08-2023₹2051000₹62 (47.62%)3-Aug-2023 11:30:17 PM
02-08-2023₹923000₹51 (21.43%)2-Aug-2023 11:30:24 PM
01-08-2023₹10₹10 (21.43%)1-Aug-2023 11:30:17 PM
31-07-2023₹10₹10 (21.43%)31-Jul-2023 11:30:17 PM

How To Buy Srivari Spices and Foods IPO.

Srivari Spices and Foods IPO applications can be submitted online with either UPI or ASBA as a payment method.

The ASBA IPO application is available in your bank’s net banking.

You can apply for Srivari Spices and Foods IPO via UPI Payment directly from the broker platforms that offer IPO. You can also apply for Srivari Spices and Foods IPO through the below broker platforms.

  • Apply for Srivari Spices and Foods IPO in Zerodha.

Create an Account & Apply for Srivari Spices and Foods IPO In Zerodha.

  • Apply for Srivari Spices and Foods IPO in Upstox.

Create an Account & Apply for Srivari Spices and Foods IPO In Upstox.

Srivari Spices and Foods IPO Frequently Asked Questions. People Also Ask Srivari Spices and Foods IPO.

What is Srivari Spices and Foods IPO?

Srivari Spices and Foods IPO is an SME IPO open to subscription on Monday, 7 August 2023. Srivari Spices and Foods IPO price band is set ₹40 to ₹42 per share. The 1 lot size is 3000 Shares and the minimum investment to buy Srivari Spices and Foods IPO is ₹126,000 for 1 lot.

When Srivari Spices and Foods IPO will open?

Srivari Spices and Foods IPO will open on 7 August 2023.

When Srivari Spices and Foods IPO will close?

Srivari Spices and Foods IPO will close on 9 August 2023.

When is Srivari Spices and Foods IPO allotment?

Srivari Spices and Foods IPO allotment is on 14 August 2023.

When are Srivari Spices and Foods IPO shares credited to the Demat account?

Srivari Spices and Foods IPO shares credit to the Demat account on 17 August 2023.

What is Srivari Spices and Foods IPO listing price?

As on 6 August 2023, the Srivari Spices and Foods IPO gmp is ₹23 with an estimated listing price of ₹65.

What is Srivari Spices and Foods IPO GMP today?

As on 6 August 2023, the Srivari Spices and Foods IPO gmp is ₹23.

How to apply the Srivari Spices and Foods IPO?

Srivari Spices and Foods IPO applications can be submitted online with either UPI or ASBA as a payment method.
The ASBA IPO application is available in your bank’s net banking.

You can apply for Srivari Spices and Foods IPO via UPI Payment directly from the broker platforms that offer IPO. You can also apply for Srivari Spices and Foods IPO through the below broker platforms.

Apply for Srivari Spices and Foods IPO in Zerodha.
Create an Account & Apply for Srivari Spices and Foods IPO In Zerodha.

Apply for Srivari Spices and Foods IPO in Upstox.
Create an Account & Apply for Srivari Spices and Foods IPO In Upstox.

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