Srivasavi Adhesive Tapes Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

23 Feb 2023

Close Date

28 Feb 2023

Allotment

03 Mar 2023

Listing Date

09 Mar 2023

Exchange

NSE SME

Price Band

₹41

Listing Price

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Allotment Status

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Price Band

₹41

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

37,80,000 shares (aggregating up to ₹15.50 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹123,000

1 lot

Pre-IPO Holding

1,03,94,166 shares

Promoters

Post-IPO Holding

1,41,74,166 shares

Promoters

P/E (Pre)

16.08x

UPI Deadline

2023-02-28

Mandate

Anchor AllotmentWed, 22 Feb 2023

Basis of AllotmentFri, 03 Mar 2023

Refund InitiationMon, 06 Mar 2023

Demat CreditWed, 08 Mar 2023

Listing DayThu, 09 Mar 2023

UPI Mandate Deadline2023-02-28

Sale TypeFresh Capital

Net Offer to Public35,88,000 shares (aggregating up to ₹14.71 Cr)

Market Maker Quota1,92,000 shares (aggregating up to ₹0.7872 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Srivasavi Adhesive Tapes Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Feb 2023.

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)
Market Maker	Awaited	192,000	—	₹0.79
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,780,000	100%	₹15.50

IPO Shares Offered

Srivasavi Adhesive Tapes Ltd. IPO total issue size: ₹15.50 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	192,000	₹0.79	5.08%
Total	3,780,000	₹15.50	100.00%

* Based on upper price band ₹41 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹41.00

Upper Band

Min Investment

₹123,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹246,000
Retail (Max — 13 Lots)	13	39,000	₹1,599,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,722,000
B-HNI (Min — 68 Lots)	68	204,000	₹8,364,000

* Issue Price ₹41 × Lot Size 3,000 shares

IPO Schedule

Anchor

22 Feb 2023

✓ Done

IPO Open

23 Feb 2023

✓ Done

IPO Close

28 Feb 2023

✓ Done

Allotment

03 Mar 2023

✓ Done

Refunds

06 Mar 2023

✓ Done

Demat Credit

08 Mar 2023

✓ Done

Listing Day

09 Mar 2023

✓ Done

₹41.00

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Issue ₹41.00 Live Price

About Srivasavi Adhesive Tapes Ltd.

Incorporated in 2010, 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 divisionsDomestic SalesExportsThe 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.

Objects of the Issue

Funding working capital requirements

General Corporate Purpose

Srivasavi Adhesive Tapes Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹5,566.6

31-Mar-21

₹6,392.2

31-Mar-22

₹3,072.6

30-Sep-22

Profit After Tax (PAT)

₹187.3

31-Mar-21

₹362.1

31-Mar-22

₹180.7

30-Sep-22

Particulars	30-Sep-22	31-Mar-22	31-Mar-21
Revenue from Operations	3072.61	6392.19	5566.61
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	180.73	362.12	187.34
Net Worth	1224.25	1043.53	681.41
Total Assets	3051.98	2763.35	2263.66
Reserves & Surplus	184.84	918.80	556.68
Borrowings	600.06	607.08	395.02
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered37,80,000 (100.00%)

Net Offer to Public35,88,000 shares (aggregating up to ₹14.71 Cr)

Reserved for Market Maker1,92,000 shares (aggregating up to ₹0.7872 Cr)

Pre-Issue Promoter Holding1,03,94,166 shares

Post-Issue Promoter Holding1,41,74,166 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Shreni Shares Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Srivasavi Adhesive Tapes Ltd. IPO subscribed? ▲

Srivasavi Adhesive Tapes Ltd. IPO is subscribed 1.00 times by Feb 28, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Srivasavi Adhesive Tapes Ltd. IPO retail subscription status? ▼

The Srivasavi Adhesive Tapes Ltd. IPO retail category is subscribed 1.00 times as of 28 Feb 2023. The retail portion is oversubscribed.

How to subscribe Srivasavi Adhesive Tapes Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 23 Feb 2023 and closes 28 Feb 2023. Min investment: ₹123,000 (1 lot = 3,000 shares). UPI mandate: 2023-02-28.

How many times Srivasavi Adhesive Tapes Ltd. IPO subscribed? ▼

The Srivasavi Adhesive Tapes Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Srivasavi Adhesive Tapes Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Mar 2023. Refunds: on 06 Mar 2023.

When Srivasavi Adhesive Tapes Ltd. IPO will be listed? ▼

The Srivasavi Adhesive Tapes Ltd. IPO listing date is 09 Mar 2023, Thursday. Listed on: NSE SME. Issue price: ₹41. Estimated listing: ₹41. GMP: NIL.

When Srivasavi Adhesive Tapes Ltd. IPO close? ▼

The Srivasavi Adhesive Tapes Ltd. IPO closes on 28 Feb 2023, Tuesday. UPI mandate: 2023-02-28. Allotment: 03 Mar 2023. Listing: 09 Mar 2023.

Quick Actions

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Live Price LIVE

Last Price₹41.00

Change—

Issue Price₹41.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹41

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹123,000

GMPNIL

Est. Listing₹41

Subscribed1.00x

Open Date23 Feb 2023

Close Date28 Feb 2023

Allotment03 Mar 2023

Listing Date09 Mar 2023

ExchangeNSE SME

UPI Deadline2023-02-28