Srivasavi Adhesive Tapes Limited
NSE SME₹123,000 / 3000 Shares
Srivasavi Adhesive Tapes Limited IPO Details
The Srivasavi Adhesive Tapes Limited IPO price band is set between ₹41 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 23 Feb, 2023 and closes on 28 Feb, 2023. Investors can check the allotment status on 3 Mar, 2023, while the listing date is tentatively scheduled for 9 Mar, 2023.
The total issue size is Fresh Issue of 3,780,000 shares of ₹10 , aggregating up to ₹15.50 Cr. Stay tuned for the latest Srivasavi Adhesive Tapes Limited IPO review and GMP updates.
Srivasavi Adhesive Tapes Limited IPO Review, Rating & Analysis
Srivasavi Adhesive Tapes Limited IPO Review
NO REVIEWSrivasavi Adhesive Tapes Limited IPO Rating
Srivasavi Adhesive Tapes Limited IPO Highlights
IPO Date
Feb 23, 2023 - Feb 28, 2023
Listing Date
9 Mar, 2023
Face Value
₹10 Per Equity Share
Price Band
₹41 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Srivasavi Adhesive Tapes Limited IPO Lot Size
The minimum market lot for Srivasavi Adhesive Tapes Limited IPO is 3000 shares with an application amount of ₹1,23,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,23,000 |
| Retail (Max) | 1 | 3000 | ₹1,23,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,46,000 |
| S-HNI (Max) | 8 | 24000 | ₹9,84,000 |
| B-HNI (Min) | 9 | 27000 | ₹11,07,000 |
Srivasavi Adhesive Tapes Limited IPO Timeline
Issue Price
₹41 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Shreni Shares Private LimitedIssue Size
Fresh Issue of 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr)Srivasavi Adhesive Tapes Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sept 22 | 3051.98 | 3072.61 | 180.73 | - | - | - |
| 31 Mar 22 | 2763.35 | 6392.19 | 362.12 | - | - | - |
| 31 Mar 21 | 2263.66 | 5566.61 | 187.34 | - | - | - |
| 31 Mar 20 | 2038.86 | 4634.50 | 101.13 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- D N Anilkumara
- Ashwini DA
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.84% | 73.21% |
About Company
Srivasavi Adhesive Tapes Limited is engaged in manufacturing, coating, converting, and Die cuts of industrial Specialty self-adhesive tapes. Srivasavi is an ISO 9001:2015 certified company certified by TUV Nord.
Srivasavi Adhesive Tapes Limited customized die cuts of Films, Foams, and allied products. It caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries.
The company serves its customers with a wide range of pressure-sensitive adhesive tapes, BOPP tapes, Eco-Friendly paper Tapes, Filament tapes, Double Side tapes, Packaging tapes, Specialty Protection tapes, Surface Protection tapes, Masking tapes, Specialty Foams/ Films.
Srivasavi Adhesive widely has two business divisions
-Domestic Sales
-Exports
The company has a presence in 23 states in the domestic market base. And Internationally they supply products in including Egypt, United State of America, France, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Indonesia, Sri Lanka, and UAE based on sales made for the period ended September 30, 2022.
Srivasavi Adhesive Tapes Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,794,000 | 1,794,000 | 3,588,000 |
Day 1 -23-02-23 06:00 PM | 0.68 x | 0.18 x | 0.43 x |
Day 2 -24-02-23 06:00 PM | 1.15 x | 0.41 x | 0.78 x |
Day 3 -27-02-23 06:00 PM | 1.46 x | 1.39 x | 1.42 x |
Day 4 -28-02-23 06:00 PM | 7.11 x | 8.27 x | 7.69 x |
Frequently Asked Questions about Srivasavi Adhesive Tapes Limited IPO
When will Srivasavi Adhesive Tapes Limited IPO open for subscription?
The Srivasavi Adhesive Tapes Limited IPO opens on 23 Feb, 2023 and closes on 28 Feb, 2023.
What is the investors portion for Srivasavi Adhesive Tapes Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1794000.
How to apply for Srivasavi Adhesive Tapes Limited IPO?
You can apply for Srivasavi Adhesive Tapes 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 Srivasavi Adhesive Tapes Limited IPO?
The issue size of Srivasavi Adhesive Tapes Limited IPO is approx ₹Fresh Issue of 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr) crores.
What is the price band of Srivasavi Adhesive Tapes Limited IPO?
The price band for Srivasavi Adhesive Tapes Limited IPO is ₹41 per equity share to ₹undefined.
What is the lot size of Srivasavi Adhesive Tapes Limited IPO?
The minimum bid (lot size) for Srivasavi Adhesive Tapes Limited IPO is N/A shares with an investment of approx ₹123,000 .
What is the allotment date of Srivasavi Adhesive Tapes Limited IPO?
The allotment date for Srivasavi Adhesive Tapes Limited IPO is 3 Mar, 2023.
What is the listing date of Srivasavi Adhesive Tapes Limited IPO?
The listing date for Srivasavi Adhesive Tapes Limited IPO is expected to be 9 Mar, 2023.
What is the GMP of Srivasavi Adhesive Tapes Limited IPO?
The latest Grey Market Premium (GMP) for Srivasavi Adhesive Tapes 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.