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Open
23 Jan 2018
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Close
25 Jan 2018
3
Allotment
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Listing
Mon, Feb 5, 2018
Price Band
₹27 to ₹31
Issue Size
64,20,000 shares (agg. up to ₹20 Cr)
Lot Size
4,000 Shares
Listing Date
Mon, Feb 5, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.45x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 77.70 | 87.75 | 83.90 | 104.01 |
| Total Income | 48.72 | 157.80 | 183.58 | 174.67 |
| Profit After Tax | 0.39 | 0.67 | 0.51 | 1.36 |
| NET Worth | 19.82 | 19.43 | 18.77 | 9.51 |
| Reserves and Surplus | 4.82 | 4.43 | 3.77 | 3.26 |
| Total Borrowing | 49.21 | 47.23 | 49.88 | 55.32 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| M.K.Proteins Ltd. | SME | ₹10.23 Cr | ₹70 | null | ₹72.00 | +2.86% | ₹4.48 (+0.88%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 15.00 |
| 2 | General corporate purposes | 3.60 |
About Shree Ram Proteins IPO
Incorporated in 2008, Shree Ram Proteins Ltd is Rajkot Gujarat based company engaged in the business of de-linting and de-hulling of cotton seeds by mechanical process, oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts. The cotton linters are commonly used in manufacturing of papers and as raw materials for manufacture of cellulose. Cotton seeds oil cake, cotton seeds de oil cake and cotton hull are used as animal feeds. Cotton seed pre refine oil further process by refinery to convert in to edible oil.Company’s manufacturing process is in three stages:1. De-linting and de-hulling of Cotton seeds, this process result in manufacture of shot fiber (linter), and De-linted cotton Seeds 2. Cotton seeds oil extraction process result in pre refine cotton seeds oil and cotton seeds oil cake and 3. Solvent extraction process, result in pre refine wash oil and de-oil cotton seeds cake.+ Read More
Contact Details
Shree Ram Proteins Ltd. AddressImperial Heights Tower BOff.No.B 206150 Ft Ring RoadRajkot, Gujarat, 36000591-0281-2581152info@shreeramproteinsns.comVisit Website