Shriram Properties IPO price band, GMP, Allotment, Listing date and Price

Shriram Properties IPO details (8 – 10 Dec), (Price: 113-118)

SJS Enterprises IPO price band, GMP, Allotment, Listing date and Price
Shriram Properties IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of Shriram Properties IPO:

  1. Shriram Properties IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Shriram Properties IPO on NSE – Click Here
  3. 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.

Check the allotment status of Shriram Properties IPO on these three links given by Kfintech.

  1. Shriram Properties IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
  2. Shriram Properties IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
  3. 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’.

KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.

  1. Download KPRISM app by KFin Tech.
  2. Select IPO Status (No need to do login or register to check IPO allotment)
  3. Select Shriram Properties IPO from the list.
  4. Enter Application Number or DPID Client ID or PAN, then Submit.
  5. 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 categoryTotal No. of times applied
No. of shares offered     
Day 1     
Day 2     
Day 3     
Shriram Properties IPO subscription status live

Shriram Properties IPO highlights:

Shriram Properties IPO bid Opens on 8 Dec 2021
Shriram Properties IPO bid Closes on10 Dec 2021
Post issue Modification Period11-Dec-2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation11-Dec-2021 (upto 12:00 PM)
Issue type100% Book Building
Shriram Properties IPO issue size₹ 600 Cr
Face value of each equity shareRs. 10
Shriram Properties IPO Price bandRs. 113 to Rs.118 per share
Shriram Properties IPO market lot125 equity shares and multiples of 125
Shriram Properties IPO minimum order quantity125 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 IPO75 %
NIB portion reservation in Shriram Properties IPO15 %
Retail portion reservation in Shriram Properties IPO10 %
Retail individual bidder can apply in Shriram Properties IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Shriram Properties IPONA
Employees can apply in Shriram Properties IPOup to 5 lakh (500,000)
Employees Reservation in Shriram Properties IPONA
Employees Discount in Shriram Properties IPO11 per equity share
Listing of Shriram Properties at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Shriram PropertiesNA
Registrar of Shriram Properties IPO issueKfin Technologies Private Limited
Shriram Properties IPO highlights

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 on08.12.2021
Shriram Properties IPO Closes on10.12.2021
Allotment basis date of Shriram Properties IPO15.12.2021
Money refund date of Shriram Properties IPO16.12.2021
Shares of Shriram Properties in Demat Account17.12.2021
Shriram Properties IPO listing date on NSE, BSE20.12.2021
Shriram Properties IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Shriram Properties IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 600 Crore
Fresh Issue size₹ 250 Crore
Offer for Sale (OFS)₹ 350 Crore
Employee Reservation
No. of Equity shares offered of Shriram Properties IPO

Shriram Properties financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets32,994.8734,173.0333,656.31
Total Revenue5,013.086,318.437,237.80
Profit After Tax– 681.78– 863.93487.91
Shriram Properties financial statements details

IPO Red Herring Prospectus (RHP) of Shriram Properties:

Click here for IPO RHP of Shriram Properties on SEBI website.

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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Disclaimer: Kindly verify from RHP and concerned company for any clarification.

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