The Shree Ram Protiens IPO date has been confirmed from January 23, 2018 and ended on January 25, 2018. Read the post to learn about Shree Ram Protiens IPO GMP.
Shree Ram Protiens aims to generate Rs 19.90 crores through an IPO. Shree Ram Proteins IPO’s shares are priced between ₹27 and ₹31. To apply, ensure a minimum lot size of 4000 shares. Retail investors are required to put in a minimum of ₹124,000 for investment.
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Bidding Dates
January 23-25
Price Range
₹27 to ₹31 per share
Face Value
₹10 per share
GMP
₹1.05
Shree Ram Protiens IPO GMP
The Shree Ram Protiens Limited IPO GMP Today is ₹1.05.
IPO Overview
The Shree Ram Proteins IPO, valued at Rs 19.90 crores, follows a book-building process. Shree Ram Proteins initiated its IPO bidding on January 23, 2018, wrapping it up on January 25, 2018. Shares became part of the NSE SME listing on February 5, 2018. Shree Ram Proteins’ IPO offers shares at a range of ₹27 to ₹31 per share. Shree Ram Protiens Limited IPO GMP Today is ₹1.05. Retail investors must allocate a minimum of ₹140,000, meeting the requirement of a lot size of 4000 shares for the application.
Companys manufacturing process is in three stages:
- De-linting and de-hulling of Cotton seeds, this process result in manufacture of shot fiber (linter), and De-linted cotton Seeds
- Cotton seeds oil extraction process result in pre refine cotton seeds oil and cotton seeds oil cake and
- Solvent extraction process, result in pre refine wash oil and de-oil cotton seeds cake.
Shree Ram Protiens IPO Details
| IPO Date | January 23, 2018 to January 25, 2018 |
| Listing Date | February 5, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹27 to ₹31 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 6,420,000 shares (aggregating up to ₹19.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 324,000 shares |
Shree Ram Protiens IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹124,000 |
| Retail (Max) | 1 | 4000 | ₹124,000 |
Shree Ram Protiens IPO Listing Details
| Listing Date | February 5, 2018 |
| BSE Script Code | |
| NSE Symbol | SRPL |
| ISIN | INE008Z01012 |
| Final Issue Price | ₹31 per share |
Company Profile
Founded in 2008, Shree Ram Proteins Ltd is situated in Rajkot, Gujarat, and specializes in mechanical de-linting and de-hulling of cotton seeds, oil extraction from cotton seeds, and solvent extraction from cotton seeds oil cake and ground nuts. Cotton linters are extensively utilised in the production of papers and as raw materials in the production of cellulose. Cotton hull, cotton seed oil cake, and cotton seed de oil cake are all used as animal feeds. Cotton seed pre-refined oil is then refined and converted into edible oil by a refinery.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Shree Ram Protiens Ltd |
| Phone number | 91-0281-2581152 |
| Email ID | [email protected] |
| Website | shreeramproteins.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.
Shree Ram Protiens IPO FAQs
When Shree Ram Protiens IPO will open?
The Shree Ram Protiens IPO opens on January 23, 2018 and closes on January 25, 2018.
What is the lot size of Shree Ram Protiens IPO?
Shree Ram Protiens IPO lot size is 4000 Shares, and the minimum amount required is ₹124,000.
When is Shree Ram Protiens IPO listing date?
The Shree Ram Protiens IPO listing date is on February 5, 2018.
