Srivari Spices IPO Date, GMP, Review, Price, Form & Market Lot Details

The Srivari Spices and Foods IPO has begun on 07-Aug 2023. It will close on 09-Aug-2023. The Total IPO Size is 9 Crores. The company set its IPO price is 42 Rs Per Share. Basically, There are three basic categories in Srivari Spices and Foods IPO Subscription 1) QIB 2) NII 3) Retail Individual Investors (RIIs)

Srivari Spices and Foods is established in 2019.

Srivari Spices and Foods is engaged in the business of manufacturing spices and flour (chakki atta) and market & sell it in and around Telangana and Andhra Pradesh.

They operate from two manufacturing units located in Telangana namely, Unit – I situated at 234/5, Jalpally Village, Balapur Mandal, Jalpally Municpality, Ranga Reddy District, Telangana and Unit – II situated at Raikal Village, Farooqnagar Mandal, Ranga Reddy District, Telangana.

They have two business model : business has two model 1) direct to customer (“D2C”) 2) business to business (“B2B’’).

Check :- Upcoming SME IPO 2023

Srivari Spices and Foods IPO Promotors


Name of the Promoter No. of Shares held Average cost of Acquisition (in ₹ )
Rathi Narayan Das 25,36,250 11.30
Neihaa Rathi 24,58,750 11.84
Total Pre Issue 49,95,000 (99.90%)

Srivari Spices and Foods IPO Date, Details & Price Band

IPO Opening Dates 07 August 2023
IPO Closing Dates 09 August 2023
Price Band 40-42 Rs
Fresh issue 9 Crore ( 2,142,000 Shares )
Total IPO size 9 Crore ( 2,142,000 Shares )
Minimum bid (lot size) 3000 Shares
Face Value 10 INR Per Share
QIB 19.05%
NII 14.29%
Retail 33.33%
Listing On NSE SME

Srivari Spices and Foods IPO Market Lot

The Srivari Spices and Foods IPO minimum market lot is 3000 shares With 1,26,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 3000 1,26,000 Rs
Maximum 1 3000 1,26,000 Rs
S-HNI (Min) 2 6000 2,52,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-21 627.38 1,139.90 35.26
31-Mar-22 1,067.62 1,764.21 72.84
31-Mar-2023 2,568.13 3,582.01 312.61

Srivari Spices and Foods IPO GMP Grey Market Premium

Srivari Spices and Foods IPO GMP Grey market premium has been started today. Check Latest Srivari Spices and Foods IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Srivari Spices and Foods IPO Prospectus

Srivari Spices and Foods IPO
DRHP Download
RHP Download

Srivari Spices and Foods IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

Srivari Spices and Foods IPO Form Download

Srivari Spices and Foods IPO is available on NSE Website as well as on our Portal. Please click here Srivari Spices and Foods IPO form Download.

Srivari Spices and Foods IPO Allotment Date & Details

Allotment Date 14 August 2023
Initiation of refunds 16 August 2023
Transfer of shares to Demat accounts 17 August 2023
Listing Date 18 August 2023
Check Allotment Status Click here

Registrar of Srivari Spices and Foods IPO

BIGSHARE SERVICES PRIVATE LIMITED
Office No. 56-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Center, Mahakali Caves Road,
Andheri East, Mumbai-400 093, Maharashtra, India.
Tel: +91 22 6263 8200
Fax: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Aniket Chindarkar
SEBI Registration Number: INR000001385
CIN : U99999MH1994PTC076534

Srivari Spices and Foods Contact Details

Srivari Spices and Foods Limited
Shed No. 5-105/4/A, SY No.234/A,
Sriram Industrial Area, Kattedan,
Jalpally, Hyderabad – 500 077
Phone: +91 737 588 8999
Email: compliance@srivarispices.com
Website: http://www.srivarispices.com/

Srivari Spices and Foods IPO Lead Managers

GYR CAPITAL ADVISORS PRIVATE LIMITED
(Formerly known as Alpha Numero Services Private Limited)
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahmedabad -380 054, Gujarat, India.
Telephone: +91 87775 64648
Fax: N.A.
E-mail: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Investor grievance: investors@gyrcapitaladvisors.com
Contact Person: Mr. Mohit Baid
SEBI Registration Number: INM000012810
CIN: U67200GJ2017PTC096908

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