Shriram Properties IPO Date, Review, Price, Form & Market Lot Details:- Shriram Properties IPO to hit the market on December 08, 2021, and to close on December 10, 2021. Shriram Properties India Limited IPO to raise around Rs 600 crores via IPO that comprises fresh issue of Rs 250 crores and offer for sale up to Rs 350 crores of Rs 10 each. The retail quota is 10% while QIB is 75% and HNI is 15%. Shriram Properties IPO GMP
Shriram Properties are one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. Shriram Properties are among the five largest residential real estate companies in South India, including specifically in Bengaluru and Chennai, in terms of the number of aggregate units launched in the calendar years 2012 to 2017 and the six months ended June 30, 2018. Shriram Properties are also present in the mid-market premium and luxury housing categories, commercial and office space category as well as plotted development category. Nupur Recyclers IPO
Shriram Properties IPO Date, Review, Price, Form & Market Lot Details
Shriram Properties IPO Review
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Shriram Properties IPO Date & Price Band
| IPO Open: | 08 December 2021 |
| IPO Close: | 10 December 2021 |
| IPO Size: | Approx Rs 600 crore |
| Fresh Issue: | Approx Rs 250 Crores |
| Offer for Sale: | Approx Rs 350 Crores |
| Face Value: | Rs 10 Per Equity Share |
| Price Band: | Rs 113 to Rs 118 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Shriram Properties IPO Market Lot
| Minimum Lot Size: | Minimum 125 Shares for 1 lot |
| Minimum Amount: | Rs 14,750 for 1 lot |
| Maximum Lot Size: | Maximum 1625 Shares Shares for 13 lot |
| Maximum Amount: | Rs 191,750 for 13 lot |
Shriram Properties IPO Reservation :
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 75% | N/A | N/A |
| NII : | 15% | N/A | N/A |
| RII : | 10% | N/A | N/A |
| EMP : | N/A% | N/A | N/A |
| Total : | 100 % | N/A | N/A |
Shriram Properties IPO Dates, Allotment & Listing :
Shriram Properties IPO Date is 08 December 2021. The allotment date is December 2021 and the IPO may list in December 2021.
| Open Date : | 08 December 2021 |
| Close Date : | 10 December 2021 |
| Allotment Date : | 15 December 2021 |
| Refund Date : | 16 December 2021 |
| Share Credit Date : | 17 December 2021 |
| Listing Date : | 20 December 2021 |
Shriram Properties IPO Form
There are two ways to apply in Shriram Properties IPO. You can apply for Shriram Properties IPO through ASBA available in your bank account. You have to go to your online bank login and select Shriram Properties IPO in the Invest section and apply through your bank account. Another option is you can apply for Shriram Properties IPO through IPO form download through NSE and BSE. See the Shriram Properties IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Shriram Properties Financial Report:
| Year | Assets | Revenue | Expense | PAT |
| 2021 (As at September 30, 2021) | 3293.3 | Rs 155.1 Crores | Rs 185.4 Crores | – Rs 60 Crores |
| 2021 (As at March 31, 2021) | 3299.4 | Rs 501.3 Crores | Rs 512.1 Crores | – Rs 68.1 Crores |
| 2020 | 3417.3 | Rs 631.8 Crores | Rs 671 Crores | – Rs 86.3 Crores |
| 2019 | 3365.6 | Rs 723.7 Crores | Rs 754.2 Crores | – Rs 48.7 Crores |
Promoters
- M. Murali
- Shriram Properties Holdings Private Limited
- Shriram Group Executives Welfare Trust
Shriram Properties IPO Registrar
Selenium, Tower B, Plot No. – 31 and 32
Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Investor grievance ID: [email protected]
Contact Person: M. Murali Krishna
SEBI Registration Number: INR000000221
#Formerly known as Karvy Fintech Private Limited
Shriram Properties IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- Nomura Financial Advisory and Securities (India) Private Limited
Company Address
Shriram Properties Board of Directors
| Name | Designation |
| M. Murali | Chairman and Managing Director |
| S. Natarajan | Non-Executive Director |
| Raphael Rene Dawson | Non-executive Director |
| Gautham Radhakrishnan | Non-Executive Director |
| T.S. Vijayan | Independent Director |
| K.G. Krishnamurthy | Independent Director |
| Anita Kapur | Independent Director |
| Professor R. Vaidyanathan | Independent Director |
About Shriram Properties
We are one of 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 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 premium and luxury 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.
As of September 30, 2021, we have 29 Completed Projects, representing 16.76 million square feet of Saleable Area, out of which our 24 Completed Projects in the cities of Bengaluru and Chennai accounted for 90.56% of our Saleable Area. Further, 83.69% of our total Saleable Area for Completed Projects were in the mid-market category and affordable housing category (with mid-market and affordable categories accounting for 51.44% and 32.25% respectively), and the remainder in the commercial and office space and luxury housing categories, as of September 30, 2021. Additionally, plotted developments accounted for 33.41% and 34.67% of sales volumes during the six months ended September 30, 2021 and the Financial Year 2021, respectively.
Shriram Properties IPO FAQs
What is Shriram Properties IPO?
Shriram Properties IPO are going to raise Rs 600 Crores via IPO. The issue is priced at Rs 113 to Rs 118 per equity share. The IPO is to be listed on BSE & NSE.
When Shriram Properties IPO will open?
The IPO is to open on 08 December 2021 for QIB, NII, and Retail Investors.
What is Shriram Properties IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, and Retail 10%.
How to Apply the Shriram Properties IPO?
You can apply Shriram Properties IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Shriram Properties IPO through Zerodha?
Log in to Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Shriram Properties”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Shriram Properties IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shriram Properties”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
What is Shriram Properties IPO Size?
Shriram Properties IPO size is Rs 600 crores. The IPO comprises Rs 250 crores fresh issue and offers for sale of Rs 350 crores.
What is Shriram Properties IPO Price Band?
Shriram Properties IPO Price Band is Rs 113 to Rs 118 per equity share.
What is Shriram Properties IPO Minimum and Maximum Lot Size?
The minimum bid is 125 Shares with Rs 14,750 amount while the maximum bid is 1625 shares with Rs 191,750.
What is Shriram Properties IPO Allotment Date?
Shriram Properties IPO allotment date is 15 December 2021.
What is Shriram Properties IPO Listing Date?
Shriram Properties IPO listing date is 20 December 021. The IPO to list on BSE and NSE.