The SRS IPO is a Rs 203.00 crore book-built offering. The SRS IPO auction was held from August 23, 2011, to August 26, 2011. On September 16, 2011, the shares were listed on the BSE and NSE. The pricing range for the SRS IPO is ₹58 to ₹65 per share. An application must have a minimum lot size of 100 shares. Retail investors are required to invest a minimum of ₹6,500.
SRS Limited was established in 2000 and operates in the following sectors: retail, food and beverage, cinema exhibition, and jewelry manufacturing and retailing. In North India, the company runs 30 movie theaters, 15 food courts, and 23 SRS Value Bazaar retail outlets. Along with five retail and wholesale jewelry stores, the company also runs a jewelry manufacturing facility in Delhi. The company runs a chain of theaters spanning six cities under the film exhibition brand SRS Cinemas. This comprises 11 properties with 30 screens and 7,608
seats situated in key locations. The company presently has 15 food courts throughout North and Central India, operating under the SRS 7Dayz and Punjabi Haandi brands. The company runs a series of FMCG-filled retail locations under the SRS Value Bazaar brand. The company also sells multi-brand clothing under the SRS Fashion Wear brand. In North India, the company has 23 retail locations. Under the SRS Jewells brand, they also offer a large selection of gold and diamond jewelry for sale.
SRS IPO Details
| IPO Date | August 23, 2011 to August 26, 2011 |
| Listing Date | September 16, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹58 to ₹65 per share |
| Lot Size | 100 Shares |
| Total Issue Size | 35,000,000 shares (aggregating up to ₹203.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
SRS IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹6,500 |
| Retail (Max) | 30 | 3000 | ₹195,000 |
SRS IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 17,500,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 5,250,000 (15.00%) | |
| Retail Shares Offered | 12,250,000 (35.00%) | 122,500 |
| Total Shares Offered | 35,000,000 (100%) |
SRS Company Financials
| Particulars | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 |
|---|---|---|---|---|---|
| Total Income | 20,775.34 | 13,298.62 | 5,144.58 | 1,877.95 | 595.55 |
| Profit After Tax (PAT) | 373.88 | 261.57 | 55.91 | 104.75 | 101.11 |
Objects of the Issue (SRS IPO Objectives)
The objects of this public issue are to raise funds for:
- Setting up of cinemas;
- Setting up of food courts and restaurants;
- Setting up of retail stores;
- Setting up of jewellery manufacturing facility and jewellery retail stores;
- General Corporate Purposes; and
- Issue-related expenses
SRS IPO Listing Details
| Listing Date | September 16, 2011 |
| BSE Script Code | 533569 |
| NSE Symbol | SRSLTD |
| ISIN | INE219H01039 |
| Final Issue Price | ₹58 per share |
SRS Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹58.00 | ₹58.00 |
| Open | ₹55.00 | ₹68.00 |
| Low | ₹31.80 | ₹31.50 |
| High | ₹61.40 | ₹68.00 |
| Last Trade | ₹33.65 | ₹33.25 |
SRS Limited Contact Details
SRS Limited
SRS Multiplex,
City Centre, Sector-12
Faridabad, Haryana -121007, India
Phone: 91 129 428 2801 -808
Email: [email protected]
Website: http://www.srsparivar.com
SRS IPO Registrar
Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: [email protected]
Website: http://www.beetalfinancial.com
SRS IPO FAQs
Q1. What is SRS IPO?
Ans. SRS IPO is a main-board IPO of 35,000,000 equity shares of the face value of ₹10 aggregating up to ₹203.00 Crores. The issue is priced at ₹58 to ₹65 per share. The minimum order quantity is 100 Shares. The IPO opens on August 23, 2011, and closes on August 26, 2011.
Q2. When SRS IPO will open?
Ans. The SRS IPO opens on August 23, 2011 and closes on August 26, 2011.
Q3. What is the lot size of SRS IPO?
Ans. SRS IPO lot size is 100 Shares, and the minimum amount required is ₹6,500.
Q4. When is SRS IPO listing date?
Ans. The SRS IPO listing date is on September 16, 2011.
