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Shriram Properties Ltd.

Shriram Properties Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹118
₹118
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹118
Based on GMP
Min. Investment
₹14,750
1 lot × 125 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 Dec 2021
Close Date
10 Dec 2021
Allotment
15 Dec 2021
Listing Date
20 Dec 2021
Exchange
NSE & BSE
Price Band
₹118
Listing Price
See chart
Allotment Status
Price Band
₹118
Per share
Face Value
₹10 per share
 
Lot Size
125 Shares
per lot
Issue Size
5,08,73,592 shares (aggregating up to ₹600.04 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,750
1 lot
Pre-IPO Holding
14,84,11,448 shares
Promoters
Post-IPO Holding
16,96,24,024 shares
Promoters
UPI Deadline
2021-12-10
Mandate
Anchor AllotmentTue, 07 Dec 2021
Basis of AllotmentWed, 15 Dec 2021
Refund InitiationThu, 16 Dec 2021
Demat CreditFri, 17 Dec 2021
Listing DayMon, 20 Dec 2021
UPI Mandate Deadline2021-12-10
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares2,12,12,576 shares (aggregating up to ₹250.20 Cr)
Offer for Sale2,96,61,016 shares of ₹10 (aggregating up to ₹349.84 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Shriram Properties Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 10 Dec 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
50,873,592
100% ₹600.31
IPO Shares Offered
Shriram Properties Ltd. IPO total issue size: ₹600.31 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 50,873,592 ₹600.31
100.00%
* Based on upper price band ₹118 per share
Lot Size & Investment
Lot Size
125
Shares per Lot
Issue Price
₹118.00
Upper Band
Min Investment
₹14,750
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2250₹29,500
Retail (Max — 13 Lots)131,625₹191,750
S-HNI (Min — 14 Lots)141,750₹206,500
B-HNI (Min — 68 Lots)688,500₹1,003,000
* Issue Price ₹118 × Lot Size 125 shares
IPO Schedule
Anchor
07 Dec 2021
✓ Done
IPO Open
08 Dec 2021
✓ Done
IPO Close
10 Dec 2021
✓ Done
Allotment
15 Dec 2021
✓ Done
Refunds
16 Dec 2021
✓ Done
Demat Credit
17 Dec 2021
✓ Done
Listing Day
20 Dec 2021
✓ Done
Shriram Properties Ltd. — Live Price LIVE
₹118.00
INR · BSE
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Issue ₹118.00 Live Price
About Shriram Properties Ltd.
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.Competitive Strengths:Part of the reputed Shriram GroupOne of the leading residential real estate development companies in South IndiaProven capabilities in project identification and executionStrong strategic relationships with financial investorsScalable and asset-light business modelStrong Financial PositionWell-positioned to benefit from regulatory and industry developmentsThe experienced and professional management team
Objects of the Issue
1
1 Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company and our Subsidiaries, Shriprop Structures, Global Entropolis and Bengal Shriram; and
2
2 General corporate purposes, subject to applicable laws
Shriram Properties Ltd. Financials (Amount in Crore)
Revenue from Operations
₹631.8
31-Mar-20
₹501.3
31-Mar-21
₹155.2
30-Sep-21
Profit After Tax (PAT)
-₹86.4
31-Mar-20
-₹68.2
31-Mar-21
-₹60.0
30-Sep-21
Particulars30-Sep-2131-Mar-2131-Mar-20
Revenue from Operations 155.15 501.31 631.84
EBITDA N/A N/A N/A
Profit After Tax (PAT) -60.03 -68.18 -86.39
Net Worth N/A N/A N/A
Total Assets 3293.36 3299.49 3417.30
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered5,08,73,592 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding14,84,11,448 shares
Post-Issue Promoter Holding16,96,24,024 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
ICICI Securities Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Shriram Properties Ltd. IPO subscribed?

Shriram Properties Ltd. IPO is subscribed 1.00 times by Dec 10, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Shriram Properties Ltd. IPO retail subscription status?

The Shriram Properties Ltd. IPO retail category is subscribed 1.00 times as of 10 Dec 2021. The retail portion is oversubscribed.

How to subscribe Shriram Properties Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 08 Dec 2021 and closes 10 Dec 2021. Min investment: ₹14,750 (1 lot = 125 shares). UPI mandate: 2021-12-10.

How many times Shriram Properties Ltd. IPO subscribed?

The Shriram Properties Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Shriram Properties Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 15 Dec 2021. Refunds: on 16 Dec 2021.

When Shriram Properties Ltd. IPO will be listed?

The Shriram Properties Ltd. IPO listing date is 20 Dec 2021, Monday. Listed on: NSE & BSE. Issue price: ₹118. Estimated listing: ₹118. GMP: NIL.

When Shriram Properties Ltd. IPO close?

The Shriram Properties Ltd. IPO closes on 10 Dec 2021, Friday. UPI mandate: 2021-12-10. Allotment: 15 Dec 2021. Listing: 20 Dec 2021.