shriram ipo

Shriram Properties Limited Review

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 Dates8 – 10 December 2021
Price BandINR113 – 118 per share
Fresh issueINR250 crore
Offer For SaleINR350 crore
Total IPO sizeINR600 crore
Minimum bid (lot size)125 shares (INR14,750)
Face Value INR10 per share
Retail Allocation10%
Listing OnNSE, BSE
 FY2019FY2020FY2021H1 FY2022
Revenue723.8631.8501.3155.2
Expenses754.2671.1512.1185.4
Net income48.1(86.4)(67.5)(60.4)
Margin (%)6.7(13.7)(13.5)(38.9)
 FY2019FY2020FY2021
EPS3.38(5.80)(4.60)
PE ratioNA
RONW (%)5.13Not ApplicableNot Applicable
ROCE (%)0.000.000.00
EBITDA (%)11.0414.3124.15
Debt/Equity0.000.000.00
NAV56.44

Listing Performance of Shriram Properties Limited

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Shriram Properties Limited

NSE : SHRIRAMEPC

ISIN CODE : INE964H01014

BSE :  532945

IPO Open DateDec 8, 2021
IPO Close DateDec 10, 2021
Basis of Allotment DateDec 15, 2021
Initiation of RefundsDec 16, 2021
Credit of Shares to Demat AccountDec 17, 2021
IPO Listing DateDec 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 FAQ's

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.

Shriram Properties Limited IPO Comments