Shriram Properties GMP Today, Kostak Rate, Subject to Sauda
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Shriram Properties IPO GMP Today:
IPO GMP is ₹25 as of today.
Shriram Properties IPO Gray Market Premium today:
IPO GMP is ₹25 as of today.
What is Shriram Properties IPO GMP Today?
IPO GMP is ₹25 as of today.
Shriram Properties IPO Kostak Rate Today:
Rs: #NA
What is Shriram Properties IPO Kostak Rate Today?
IPO Kostak Rate is ₹- as of today.
Shriram Properties IPO Subject to Sauda:
Rs: #Na
Company All Details
Founded
2000
Managing Director
Chairman and Managing Director of The Company, namely M. Murali
Company Promoters:
Promoters of the Company, namely, M. Murali, Shriram Properties Holdings Private Limited and
Shriram Group Executives Welfare Trust.
About the company.
The leading residential real estate development companies in South India, primarily focused on the mid-market and affordable, housing categories. We are among the top five residential real estate companies in South India in terms ofnumber 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.
We commenced operations in Bengaluru in the year 2000 and have since expanded our presence to other cities in South India, i.e., Chennai, Coimbatore and Visakhapatnam. In addition, we also have presence in Kolkata in East India, where we are developing a large mixed-use project. Bengaluru and Chennai are two key markets for us. These cities are among two key residential housing markets in India, contributing to approximately 29.3% of the launches in India between the calendar year 2012 and the third quarter of calendar year 2021, and 28.7% of the sold inventory in India between calendar year 2019 and the third quarter of the calendar year 2021. (Source: JLL Report).
Objects Of The Offer:
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our
Company, our Subsidiaries, namely, Shriprop Structures, Global Entropolis and Bengal
Shriram: 2,000 Million. - General corporate purposes.
Shriram Properties Limited IPO Details:
Issue Amount : Upto Rs 600 Cr
Post Issue Implied Market Cap: Upto ₹4,537 Cr at Upper band
Total shares on offer : Upto 31,441,282 Equity Shares
Face Value : ₹10 per share
Price Band : ₹113 to ₹118
Lot Size : 125 shares
IPO Registrar : Kfin Technologies Pvt Ltd.
Shriram Properties Limited IPO Timeline, I.P.O Open Date, Listing Date, Refund Date
| IPO Open Date | Dec 8, 2021 |
| IPO Close Date | Dec 10, 2021 |
| Basis of Allotment Date | Dec 15, 2021 |
| Initiation of Refunds | Dec 16, 2021 |
| Credit of Shares to Demat Account | Dec 17, 2021 |
| IPO Listing Date (Trading commence) NSE & BSE | Dec 20, 2021 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 75% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 10% |
| Employee | – |
| Total | 100% |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ Crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 3,299 | 3,417 | 3,366 |
| Total Revenue | 501 | 632 | 724 |
| Net Profit & Loss for the period | –67 | -86 | 48 |
Prospectus Document:
Download RHP File
Download DRHP File
What is Shriram Properties Limited I.P.O?
Issue Amount : Upto Rs 600 Cr.
What is Shriram Properties IPO?
Issue Amount : Upto Rs 600 Cr.
Shriram Properties Limited IPO Open?
8 Dec 2021 to 10 Dec 2021.
Sriram Properties IPO Open?
Dec 8, 2021 to Dec 10, 2021.
Registered Office
Shriram Properties Limited
Lakshmi Neela Rite Choice Chamber
New No. 9, Bazullah Road
T. Nagar, Chennai 600 017
Tamil Nadu, India
Registration Number: 044560
CIN: U72200TN2000PLC044560
How to apply on Zerodha, Shriram Properties Limited I.P.O. through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Sriram IPO by login into Zerodha Console (back office) and Select an IPO application form.
Steps to apply in Sriram IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Sriram Properties Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.