Shriram Properties Limited IPO
Mainboard₹14,750 / 125 Shares
Shriram Properties Limited IPO Details
The Shriram Properties Limited IPO price band is set between ₹113-118 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 8 Dec, 2021 and closes on 10 Dec, 2021. Investors can check the allotment status on 16 Dec, 2021, while the listing date is tentatively scheduled for 20 Dec, 2021.
The total issue size is Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 Crores, aggregating up to . Stay tuned for the latest Shriram Properties Limited IPO review and GMP updates.
Shriram Properties Limited IPO Review, Rating & Analysis
Shriram Properties Limited IPO Review
NO REVIEWShriram Properties Limited IPO Rating
Shriram Properties Limited IPO Highlights
IPO Date
Dec 8, 2021 - Dec 10, 2021
Listing Date
20 Dec, 2021
Face Value
₹10 Per Equity Share
Price Band
₹113-118 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Shriram Properties Limited IPO Lot Size
The minimum market lot for Shriram Properties Limited IPO is 125 shares with an application amount of ₹14,750. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹14,750 |
| Retail (Max) | 13 | 1625 | ₹1,91,750 |
| S-HNI (Min) | 14 | 1750 | ₹2,06,500 |
| S-HNI (Max) | 67 | 8375 | ₹9,88,250 |
| B-HNI (Min) | 68 | 8500 | ₹10,03,000 |
Shriram Properties Limited IPO Timeline
Issue Price
₹113-118 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital Limited,ICICI Securities Limited,Nomura Financial AdvisoryIssue Size
Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 CroresShriram Properties Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 3299.48 | 501.30 | (68.17) | - | - | - |
| 31 Mar 20 | 341730 | 63184 | (86.39) | - | - | - |
| 31 Mar 19 | 3365.63 | 723.78 | 48.79 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- M. Murali
- Shriram Properties Holdings Private Limited
- Shriram Group Executives Welfare Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 31.98% | 27.98% |
About Company
Incorporated in 2000, Shriram Properties is a part of the Shriram Group and is one of the leading residential real estate development companies in South India. The company primarily focuses on the mid-market and affordable housing segments. The company is also present in the mid-market premium and luxury housing categories as well as commercial and office space categories. Bengaluru and Chennai are the key markets for the company. The company also has operations in Coimbatore, Visakhapatnam, and Kolkata.As of September 30, 2021, the company has completed 29 projects, out of which 24 are in the cities of Bengaluru and Chennai. As of September 30, 2021, the company has a total portfolio of 35 projects in ongoing, projects under development, and forthcoming projects, stages, aggregating to 46.72 million square feet of estimated saleable area.
Shriram Properties Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
11.28 times
Frequently Asked Questions about Shriram Properties Limited IPO IPO
When will Shriram Properties Limited IPO open for subscription?
The Shriram Properties Limited IPO opens on 8 Dec, 2021 and closes on 10 Dec, 2021.
What is the investors portion for Shriram Properties Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Shriram Properties Limited IPO?
You can apply for Shriram Properties Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shriram Properties Limited IPO?
The issue size of Shriram Properties Limited IPO is approx ₹Approx 600 Crores : Fresh Issue 250 Crores + OFS 350 Crores crores.
What is the price band of Shriram Properties Limited IPO?
The price band for Shriram Properties Limited IPO is ₹113 to ₹118 per equity share.
What is the lot size of Shriram Properties Limited IPO?
The minimum bid (lot size) for Shriram Properties Limited IPO is N/A shares with an investment of approx ₹14,750 .
What is the allotment date of Shriram Properties Limited IPO?
The allotment date for Shriram Properties Limited IPO is 16 Dec, 2021.
What is the listing date of Shriram Properties Limited IPO?
The listing date for Shriram Properties Limited IPO is expected to be 20 Dec, 2021.
What is the GMP of Shriram Properties Limited IPO?
The latest Grey Market Premium (GMP) for Shriram Properties Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.