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

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Frequently Asked Questions

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