Shriram Properties, a subsidiary of the Shriram Group, was founded in 2000 and is one of the largest residential real estate development businesses in South India. The firm primarily serves the mid-market and low-income housing markets. The firm is also active in the mid-market premium and luxury houses, as well as commercial and office space. The company’s primary markets are Bengaluru and Chennai. Coimbatore, Visakhapatnam, and Kolkata are also serviced by the airline.
By September 30, 2021, the business has completed 29 projects, 24 of which were in Bengaluru and Chennai. As of September 30, 2021, the business has a total portfolio of 35 projects in various stages of completion, projects in development, and upcoming projects, totaling 46.72 million square feet of anticipated saleable area.
Subscription Dates | 8 – 10 December 2021 |
Price Band | INR113 – 118 per share |
Fresh issue | INR250 crore |
Offer For Sale | INR350 crore |
Total IPO size | INR600 crore |
Minimum bid (lot size) | 125 shares (INR14,750) |
Face Value | INR10 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
FY2019 | FY2020 | FY2021 | H1 FY2022 | |
Revenue | 723.8 | 631.8 | 501.3 | 155.2 |
Expenses | 754.2 | 671.1 | 512.1 | 185.4 |
Net income | 48.1 | (86.4) | (67.5) | (60.4) |
Margin (%) | 6.7 | (13.7) | (13.5) | (38.9) |
FY2019 | FY2020 | FY2021 | |
EPS | 3.38 | (5.80) | (4.60) |
PE ratio | – | – | NA |
RONW (%) | 5.13 | Not Applicable | Not Applicable |
ROCE (%) | 0.00 | 0.00 | 0.00 |
EBITDA (%) | 11.04 | 14.31 | 24.15 |
Debt/Equity | 0.00 | 0.00 | 0.00 |
NAV | – | – | 56.44 |
Available soon
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Shriram Properties Limited | – | – | – | – |
NSE : SHRIRAMEPC
ISIN CODE : INE964H01014
BSE : 532945
Available Soon.
IPO Open Date | Dec 8, 2021 |
IPO Close Date | Dec 10, 2021 |
Basis of Allotment Date | Dec 15, 2021 |
Initiation of Refunds | Dec 16, 2021 |
Credit of Shares to Demat Account | Dec 17, 2021 |
IPO Listing Date | Dec 20, 2021 |
Shriram Properties Limited
Shriram House, No. 31,
2nd Main Road, T. Chowdaiah Road,
Sadashivanagar,
Bengaluru 560 080,
Karnataka, India
Phone: +91 80 4022 9999
Email: cs.spl@shriramproperties.com
Website: www.shriramproperties.com
Kfin Technologies Private Limited
Selenium, Tower B,
Plot No- 31 and 32, Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Phone : +91 40 6716 2222/ 1800 309 4001
E-mail: Shriram.ipo@kfintech.com
Website: www.kfintech.com
Shriram Properties Limited IPO is a main-board IPO of ₹[.] per equity share of the face value of ₹10 aggregating up to ₹600.00 Crore. The issue is priced at ₹113 to ₹118 per equity share. The minimum order quantity is 125 Shares. The initial public offering (IPO) date Dec 8, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.
The Shriram Properties Limited IPO opening date is Dec 8, 2021. and the closing date is Dec 10, 2021.
Shriram Properties Limited IPO Market lot size is 125 Shares and the minimum order quantity is 125 Shares.
The Basis of Allotment for Shriram Properties Limited IPO will be done on Dec 15, 2021 and the allotted shares will be credited to your demat account by Dec 17, 2021. Check the Shriram Properties Limited IPO allotment status.
The Shriram Properties Limited IPO listing date is Dec 20, 2021.
Shriram Properties Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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