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Open
23 Feb 2023
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Close
28 Feb 2023
3
Allotment
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Listing
Thu, Mar 9, 2023
Price Band
₹41 per share
Issue Size
37,80,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Mar 9, 2023
Latest GMP
₹2
Est. Gain
4.88%
✦ AI Insight
GMP Trend
09-03-2023₹2Est. ₹43+4.88%
08-03-2023₹3Est. ₹44+7.32%
07-03-2023₹2Est. ₹43+6.1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.37x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 30.52 | 27.63 | 22.64 | 20.39 |
| Total Income | 30.73 | 63.92 | 55.67 | 46.35 |
| Profit After Tax | 1.81 | 3.62 | 1.87 | 1.01 |
| NET Worth | 12.24 | 10.44 | 6.81 | 4.94 |
| Reserves and Surplus | 1.85 | 9.19 | 5.57 | 3.69 |
| Total Borrowing | 6.00 | 6.07 | 3.95 | 5.73 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sealmatic India Ltd. | SME | ₹56.24 Cr | ₹225 | 18.75 | ₹236.25 | +5.00% | ₹393.65 (+0.94%) |
| Ameya Precision Engineers Ltd. | SME | ₹7.14 Cr | ₹34 | 16.75 | ₹65.40 | +92.35% | ₹113.50 (+2.25%) |
| Harsha Engineers International Ltd. | Mainboard | ₹755.00 Cr | ₹330 | 32.67 | ₹486.50 | +47.42% | ₹427.45 (+0.42%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements | 10.84 |
| 2 | General Corporate Purpose | 3.10 |
About Srivasavi Adhesive Tapes IPO
Incorporated in 2010, Srivasavi Adhesive Tapes Limited is engaged in manufacturing, coating, converting, and Die cuts of industrial Specialty self-adhesive tapes. Srivasavi is an ISO 9001:2015 certified company certified by TUV Nord. Srivasavi Adhesive Tapes Limited customized die cuts of Films, Foams, and allied products. It caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries. The company serves its customers with a wide range of pressure-sensitive adhesive tapes, BOPP tapes, Eco-Friendly paper Tapes, Filament tapes, Double Side tapes, Packaging tapes, Specialty Protection tapes, Surface Protection tapes, Masking tapes, Specialty Foams/ Films. Srivasavi Adhesive widely has two business divisions Domestic Sales Exports The company has a presence in 23 states in the domestic market base. And Internationally they supply products in including Egypt, United State of America, France, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Indonesi
Contact Details
Srivasavi Adhesive Tapes Ltd. AddressNo.B 100KSSIDC Industrial EstateDoddaballapuraBengaluru, Karnataka, 56120308023629383investors@vasavitapes.comVisit Website