The Sarveshwar Foods IPO date has been confirmed from March 5, 2018 and ended on March 7, 2018. Read the post to learn about Sarveshwar Foods IPO GMP.
Sarveshwar Foods IPO is a fixed price issue of Rs 54.97 crores. The price band is set at ₹83 to ₹85 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹136,000.
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Key Details Of Sarveshwar Foods IPO
Bidding Dates
March 5-7
Price Range
₹83 to ₹85 per share
Face Value
₹10 per share
GMP
₹5.35
Sarveshwar Foods IPO GMP
The Sarveshwar Foods IPO GMP Today is ₹5.35.
Sarveshwar Foods IPO Overview
The book-built way of offering Sarveshwar Foods IPO is a proposal of 54.97 crores worth. An auction for the “Sarveshwar” food company started on March 5, 2018, and finished on March 7th, 2018. On March 15, 2018, the shares were admitted to the NSE (SME platform) public offer market. The group allocated the ₹83 to ₹85 a share price band for the initial public offering of Sarveshwar Foods. Today’s SAVES IPO price is given as ₹5.35, which is better than the equity SAVES seems to be somewhat alternate for a candidate with sufficient financial training and exceptionally skilled accounting knowledge. On a reselling of an application, a minimum quantity is 1600 Shares. Retail investors must grapple with a minimum investment of ₹136,000 [₹1].
The shop, with an environmentally responsible outlook, is intended to house organic products such as rice, red rice, brown rice, flours, pulses, nuts & dry fruits, spices & condiments, jaggery, sugar, breakfast cereals, edible oils, saffron, flaxseed, as well as sesame seed among others. Sarveshvar is a J&K-based operational zone since, operates in the area where the company is based.
Sarveshwar Foods IPO Details
| IPO Date | March 5, 2018 to March 7, 2018 |
| Listing Date | March 15, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹83 to ₹85 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 6,467,200 shares (aggregating up to ₹54.97 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 324,800 shares |
Sarveshwar Foods IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹136,000 |
| Retail (Max) | 1 | 1600 | ₹136,000 |
Sarveshwar Foods IPO Listing Details
| Listing Date | March 15, 2018 |
| BSE Script Code | |
| NSE Symbol | SARVESHWAR |
| ISIN | INE324X01018 |
| Final Issue Price | ₹85 per share |
Company Profile
Sarveshwar Foods Ltd, founded in 2015, is in the business of processing and marketing branded and unbranded basmati and non-basmati rice in domestic and international markets. Rice acquisition, storage, grinding, sorting, packaging, branding, and distribution are all services provided by them. The company’s product line includes numerous types of Basmati and non-Basmati rice, such as white raw rice, steam rice, broken rice, brown rice, and parboiled rice. In addition to a wide choice of conventional Basmati and non-Basmati rice, their product line
includes organic Basmati and non-Basmati rice, as well as a number of other organic items. They market and distribute these organic foods under the “Nimbark” brand.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Sarveshwar Foods Ltd |
| Phone number | +91-191-2547391 |
| Email ID | [email protected] |
| Website | sarveshwarrice.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Sarveshwar Foods IPO FAQs
When Sarveshwar Foods IPO will open?
The Sarveshwar Foods IPO opens on March 5, 2018 and closes on March 7, 2018.
What is the lot size of Sarveshwar Foods IPO?
Sarveshwar Foods IPO lot size is 1600 Shares, and the minimum amount required is ₹136,000.
When is Sarveshwar Foods IPO listing date?
The Sarveshwar Foods IPO listing date is on March 15, 2018.
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