Srivasavi Adhesive Tapes IPO Review
Srivasavi Adhesive Tapes IPO Overview
Srivasavi Adhesive Tapes Ltd, founded in 2010, manufactures, coats, converts, and die cuts industrial Specialized self-adhesive tapes. TUV Nord has recognised Srivasavi as an ISO 9001:2015 certified company.
Srivasavi Adhesive Tapes Limited offers custom die cuts of films, foams, and related items. Automotive, Aerospace, FMCG, Defense, Electrical & Electronics, Locomotives, Renewable Energy, Furniture, Print & Paper, Food & Pharma, White & Brown Goods, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries are some of the industries it serves.
The company provides pressure-sensitive adhesive tapes, Eco-Friendly paper Tapes, Filament tapes, BOPP tapes, Packaging tapes, Specialty Protection tapes, Double Side tapes, Surface Protection tapes, Masking tapes, and Specialty Foams/ Films to its customers.
Srivasavi Adhesive Tapes IPO Details
IPO Date | Feb 23, 2023 to Feb 28, 2023 |
Listing Date | March 9, 2023 |
Face Value | ₹10 per share |
Price | ₹41 per share |
Lot Size | 3000 Shares |
Issue Size | 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr) |
Fresh Issue | 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr) |
Market Maker portion | 192,000 shares |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
P/E (x) | 11.77 |
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker | SHRENI SHARES PRIVATE LIMITED |
Company Promoters | D N Anilkumara and Ashwini DA are the Promoters of the company. |
Srivasavi Adhesive Tapes IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-20 | 2,038.86 | 4,634.50 | 101.13 |
31-Mar-21 | 2,263.66 | 5,566.61 | 187.34 |
31-Mar-22 | 2,763.35 | 6,392.19 | 362.12 |
30-Sep-22 | 3,051.98 | 3,072.61 | 180.73 |
Amount in ₹ Lakhs | |||
Period Ended | Net Worth | Reserves and Surplus | Total Borrowing |
31-Mar-20 | 494.07 | 369.34 | 572.93 |
31-Mar-21 | 681.41 | 556.68 | 395.02 |
31-Mar-22 | 1,043.53 | 918.80 | 607.08 |
30-Sep-22 | 1,224.25 | 184.84 | 600.06 |
Amount in ₹ Lakhs | |||
Srivasavi Adhesive Tapes IPO Key Ratios
FY 2020 | FY 2021 | FY 2022 | |
EPS | 0.97 | 1.80 | 3.48 |
PE ratio | – | – | 11.78 |
RONW (%) | 20.47 | 27.49 | 34.70 |
NAV | – | – | 10.04 |
ROCE (%) | 50.69 | 43.72 | 52.29 |
EBITDA (%) | 6.18 | 6.13 | 9.37 |
Debt/Equity | 1.16 | 0.58 | 0.58 |
Listing Performance of Srivasavi Adhesive Tapes IPO
Listed On : NSE SME
Issue Price : ₹41 per share
Listing Day Close : NA
Listing Day Gain : NA
Srivasavi Adhesive Tapes IPO ISIN Number Code
NSE Symbol : NA
ISIN CODE : INE634E01010
BSE Script : 513609
Srivasavi Adhesive Tapes IPO Allotment Status
Srivasavi Adhesive Tapes IPO Important Dates
Opening Date | Feb 23, 2023 |
Closing Date | Feb 28, 2023 |
Basis of Allotment | Mar 3, 2023 |
Initiation of Refunds | Mar 6, 2023 |
Credit of Shares to Demat | Mar 8, 2023 |
Listing Date | Mar 9, 2023 |
Srivasavi Adhesive Tapes IPO Contact Details
No. B 100, KSSIDC Industrial Estate,
Doddaballapura,
Bangalore 561 203
Phone: 08023629383
Email: investors@vasavitapes.com
Website: http://www.vasavitapes.com/
Srivasavi Adhesive Tapes IPO Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Srivasavi Adhesive Tapes IPO FAQ's
The Srivasavi Adhesive Tapes IPO is a NSE SME IPO of ₹41 per equity share with a face value of 10 per equity share.
The issue size is priced a t 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr).
The fresh issue size priced at 3,780,000 shares of ₹10 (aggregating up to ₹15.50 Cr).
The registrar for the IPO is Link Intime India Private Ltd.
The Srivasavi Adhesive Tapes IPO begins on Feb 23, 2023 and ends on Feb 28, 2023.
Srivasavi Adhesive Tapes IPO Market lot size is 3000 Shares..
The finalisation of Basis of Allotment for Srivasavi Adhesive Tapes IPO will be done on March 3, 2023 and the allotted shares will be credited to your demat account by March 8, 2023. Check the Srivasavi Adhesive Tapes IPO status.
The Srivasavi Adhesive Tapes IPO listing date is on March 9, 2023.
Srivasavi Adhesive Tapes IPO applications 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.
Srivasavi Adhesive Tapes IPO Comments
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