31 Mar 2020
Assets2.36
Total Income0.19
Profit After Tax-0.11
NET Worth1.78
Reserves and Surplus-0.11
At a glance
Updated 2026-09-16The shares listed at ₹101.50, a 141.67% move from the issue price. Srivari Spices and Foods is a SME IPO with an issue size of ₹9.00 crore, proposed for listing on NSE SME. The offer opens on 7th Aug 2023 and closes on 9th Aug 2023. The issue structure includes a fresh issue of ₹8.54 crore. The current listing schedule points to 18th Aug 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹9.00 Cr
Fresh issue₹8.54 Cr
Face value₹10
Price band₹40.00–₹42.00
Allotment14th Aug 2023
Listing18th Aug 2023
Listing performance
Full performance ↗Issue price₹42.00
Listing price₹101.50
Current price—
Listing gain141.67%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹27.00
GMP / upper price64.29%
Est. listing₹69.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th Aug 2023
Closes9th Aug 2023
Allotment14th Aug 2023
Refund16th Aug 2023
Demat17th Aug 2023
Listing18th Aug 2023
Subscription demand
Full bidding ↗Total450.03×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | ₹126,000 |
Company
Incorporated2019
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of the Company; and | ₹5.93 Cr |
| General corporate purposes | ₹2.14 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue35.82₹ Cr · +103.1% vs prior year
PAT3.13₹ Cr · +328.8% vs prior year
Assets25.68₹ Cr · +140.4% vs prior year
Net Worth9.10₹ Cr · +82.0% vs prior year
Borrowing12.84₹ Cr · +363.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets6.27
Total Income11.40
Profit After Tax0.35
NET Worth4.27
Reserves and Surplus0.25
31 Mar 2022
Assets10.68
Total Income17.64
Profit After Tax0.73
NET Worth5.00
Reserves and Surplus0.97
Total Borrowing2.77
31 Mar 2023
Assets25.68
Total Income35.82
Profit After Tax3.13
NET Worth9.10
Reserves and Surplus4.10
Total Borrowing12.84
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS4.45
Pre-IPO P/E9.59
Promoter holding pre99.9%
Promoter holding post69.94%
Market cap₹30.00 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Srivari Spices and Foods IPO | — | 9.59 x | — | — |
| Baba Food IPO | — | 16.14 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹0.82 Cr |
| Advertising and Marketing Expenses | ₹0.02 Cr |
| Fees payable to the stock exchange(s) and other regulators | ₹0.05 Cr |
| Printing & Stationery, Distribution, Postage, etc | ₹0.01 Cr |
| Brokerage and selling commission | ₹0.04 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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