Shriram Properties IPO details (8 – 10 Dec), (Price: 113-118)
Listing date and Listing Price of Shriram Properties IPO:
- Shriram Properties IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Shriram Properties IPO on NSE – Click Here
- Listing Price of Shriram Properties IPO on BSE – Click Here
Grey Market premium (GMP) price of Shriram Properties IPO :
Grey Market premium (GMP) price of Shriram Properties IPO is Rs 20. Grey Market premium (GMP) of Shriram Properties IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Shriram Properties IPO Allotment link status on Kfintech:
Check the allotment status of Shriram Properties IPO on these three links given by Kfintech.
- Shriram Properties IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- Shriram Properties IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- Shriram Properties IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/
Shriram Properties IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
Shriram Properties IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select Shriram Properties IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of Shriram Properties IPO, with no. of shares allotted will come.
Shriram Properties IPO subscription status details:
|QIB (Qualified Institl. Bidders)||NIB (Non-institutional Investor)||RII (Retail Individual Investor)||Employee category||Total No. of times applied|
|No. of shares offered||1,58,49,559||79,24,778||52,83,185||2,94,117||2,93,51,639|
Shriram Properties IPO highlights:
|Shriram Properties IPO bid Opens on||8 Dec 2021|
|Shriram Properties IPO bid Closes on||10 Dec 2021|
|Post issue Modification Period||11-Dec-2021 (10.00 A.M. to 11.00 A.M.)|
|Cut-off time for UPI Mandate Confirmation||11-Dec-2021 (upto 12:00 PM)|
|Issue type||100% Book Building|
|Shriram Properties IPO issue size||₹ 600 Cr|
|Face value of each equity share||Rs. 10|
|Shriram Properties IPO Price band||Rs. 113 to Rs.118 per share|
|Shriram Properties IPO market lot||125 equity shares and multiples of 125|
|Shriram Properties IPO minimum order quantity||125 equity shares|
|Pre IPO equity share of promoters of Shriram Properties||__ %|
|Post IPO paid-up equity share of promoters of Shriram Properties||__ %|
|QIB portion reservation in Shriram Properties IPO||75 %|
|NIB portion reservation in Shriram Properties IPO||15 %|
|Retail portion reservation in Shriram Properties IPO||10 %|
|Retail individual bidder can apply in Shriram Properties IPO||up to 2 lakh (200,000) – Maximum 13 Lot|
|Retail individual discount in Shriram Properties IPO||NA|
|Employees can apply in Shriram Properties IPO||up to 5 lakh (500,000)|
|Employees Reservation in Shriram Properties IPO||NA|
|Employees Discount in Shriram Properties IPO||11 per equity share|
|Listing of Shriram Properties at Exchanges||NSE, BSE|
|Fund raised from Anchor Investors in Pre-IPO of Shriram Properties||NA|
|Registrar of Shriram Properties IPO issue||Kfin Technologies Private Limited|
Shriram Properties IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Shriram Properties IPO are mentioned below.
|Shriram Properties IPO opens on||08.12.2021|
|Shriram Properties IPO Closes on||10.12.2021|
|Allotment basis date of Shriram Properties IPO||15.12.2021|
|Money refund date of Shriram Properties IPO||16.12.2021|
|Shares of Shriram Properties in Demat Account||17.12.2021|
|Shriram Properties IPO listing date on NSE, BSE||20.12.2021|
How much shares of Shriram Properties IPO are being offered?
|Type of Issue (Fresh / OFS)||No. of Equity shares offered||Amount of Equity shares|
|Total Issue size||₹ 600 Crore|
|Fresh Issue size||–||₹ 250 Crore|
|Offer for Sale (OFS)||–||₹ 350 Crore|
Shriram Properties financial statements details:
|(₹ million)||(₹ million)||(₹ million)|
|Profit After Tax||– 681.78||– 863.93||487.91|
IPO Red Herring Prospectus (RHP) of Shriram Properties:
Objectives of the Shriram Properties IPO Issue: (Source – RHP)
Objects of the Fresh Issue
Our Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: 1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company and our Subsidiaries, Shriprop Structures, Global Entropolis and Bengal Shriram; and 2. General corporate purposes, subject to applicable laws.
Business of Shriram Properties: (Source – RHP)
We are one of the leading residential real estate development companies in South India, primarily focused on the mid-market2 and affordable3, 6 housing categories. We are among the top five residential real estate companies in South India in terms of number of units launched between the calendar years 2012 and the third quarter of 2021 across Tier 1 cities of South India including Bengaluru, Chennai and Hyderabad. (Source: JLL Report) We are also present in the mid-market premium4 and luxury5 housing categories as well as commercial and office space categories in our core markets.
We are part of the Shriram Group, which is a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. We believe that our relationship with the Shriram Group provides us with strong brand recall and that we benefit, and will continue to benefit, from the trust and confidence that homebuyers, lenders, financial investors, landowners, development partners, contractors and other stakeholders place in the Shriram brand and its operational history.
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