1. Home
  2. IPO
  3. Title

Shree Ram Protiens Ltd IPO

Add to Calendar 2018-01-23 12:00 AM 2018-01-25 12:00 AM Asia/Kolkata Shree Ram Protiens Ltd IPO Shree Ram Protiens Ltd India

Introduction: Shree Ram group is involved in the business of cotton seeds solvent extraction plant as well dealing in cotton seeds, cotton seeds oil cake, cotton processing, linter and de linter. Company’s aim is to provide  a diverse product portfolio  to meet demands of customers globally. Company uses state-of-the-art  technology and innovation for the solvent extraction process. Goal of the company is to be the global leader for cottonseed oil, cotton oil cake, cotton de oil cake and cotton linter

Date of Establishment:     Company was established in the year 2008

Product& Service Offering: Company’s products/services can be segregated into the following categories

      - Manufacturing/Processing: Cotton linter, delinted cotton seeds, cotton seeds oil cake, cotton seeds de-oil cake, pre-refine wash oil, ground nuts oil cake.

      - Trading: Cotton(kapas),cotton bales

Customer Segment: Products manufactured by the company are majorly used in paper manufacturing  and as raw materials for cellulose manufacturing

Promoters of Shree Ram Protiens Ltd:  Company is promoted by  Lavjibhai Valjibhai Savaliya  and Lalitkumar Chandhulal Vasoya

Objects of the Issue: The key objectives of the IPO issues is to meet cash requirement for day to day running of the business and for sundry corporate expenses

Company Financials:

Summary of financial Information (Consolidated)

Particulars

For the year/period ended (in Rs. million)
 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

  

Total Assets

877.5

838.9

1040.1

723.3

538.4

  

Total Revenue

1578.0

1835.7

1746.6

1575.4

1161.1

  

Profit After Tax

6.6

5.0

13.6

12.9

-6.3

Issue Detail

  • Issue Open: Jan 23, 2018
  • Issue Close: Jan 25, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 27 - Rs 31 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 19.90 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Day 0 - Jan 22, 2018IST 0 3,048,000 3,048,000 - 324,000 6,420,000
Day 1 - Jan 23, 2018IST 0 2,732,000 1,220,000 - - 3,952,000
Day 2 - Jan 24, 2018IST 0 4,792,000 5,072,000 - - 9,864,000
Day 3 - Jan 25, 2018IST 0 8,948,000 20,364,000 - - 29,312,000

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 31.00
Open - Rs 28.95
Low - Rs 28.95
High - Rs 33.45
Last Trade - Rs 32.55
Volume - 3,424,000

Shree Ram Protiens Ltd Red Herring Prospectus

Shree Ram Protiens Ltd User Rating

Votes
0

Shree Ram Protiens Ltd Life IPO Reviews

View All Review

Shree Ram Protiens Ltd IPO News & Updates

View All IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.

Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.

Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
View All FAQ

Latest IPO

  • Find out which all IPOs are going to hit the Stock Exchanges and probably providing an opportunity for investors to make money Read More>>

  • Investing in an IPO has always been a point of discussion amongst investors and with the recent increase in the number of companies going public, the discussion is catching more attention. While this article attempts to answer the question, let us start b Read More>>

  • Once you have invested in an IPO the next thing to concern yourself about is to have an exit strategy in order to maximize your gains. In order to have an efficient exit strategy, there are certain factors to take note on. This article will try to explain Read More>>

IPO Events Calendar

Go
Sun
Mon
Tues
Wed
Thu
Fri
Sat

IPO Updates on Facebook

Get the latest IPO updates on your Facebook feeds.
Click here to Join Us on Facebook.

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us