Listed Price₹101.50
Listing Gain+141.67%
Price Band₹40 - ₹42
Lot Size3,000 shares
Min Bid₹1,26,000
Subscription450.1x
Listed Market Snapshot
₹101.50Listed price from market data
+141.67%listing gain
Issue Amount
₹9 Cr
Listed Price
₹101.50
Current Price
₹212.6
Registrar
Bigshare Services Private Limited
Timeline•Book Built Issue IPO
Open07 Aug 2023
Close09 Aug 2023
Allotment14 Aug 2023
Listing18 Aug 2023
Quota Reservation Portions
RetailPortion: 7,14,000 shares
33.33%Nii(hni)Portion: 3,06,000 shares
14.29%QIBPortion: 4,08,000 shares
19.05%Market MakerPortion: 1,08,000 shares
5.04%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,26,000HNI2 lots / 6,000 shares
₹2,52,000About the Company
Srivari Spices and Foods Limited specializes in manufacturing spices and flour (chakki atta) while also handling the marketing and sales of its products. Operating mainly in Telangana and Andhra Pradesh, the company sources raw materials from different parts of India and processes them with great care, ensuring no artificial preservatives or chemicals are used. This commitment to quality results in organic spices and flour that retain the freshness and natural goodness of each ingredient. Srivari Spices and Foods follows two business models for selling its products: Direct-to-Customer (D2C) and Business-to-Business (B2B), ensuring a wide market reach.
Company Promoters
Rathi Narayan DasNeihaa Rathi
Lead Managers
Registrar
Bigshare Services Private Limited