Shriram Properties Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹113-₹118
- Lot size
- 125 shares
- Issue amount
- ₹600 cr
- Total subscription
- 0×
- Opens
- 8 Dec 2021
- Closes
- 10 Dec 2021
- Allotment
- 16 Dec 2021
- Listing
- 20 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 5,08,73,592 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,125
- Fresh issue
- ₹250 cr
- Offer for sale
- ₹350 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,750
- Issue type
- Book Built Issue IPO
- Shares before issue
- 14,84,11,448
- Shares after issue
- 16,96,24,024
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 125 | ₹14,750 |
| sHNI | 14 | 1,750 | ₹2,06,500 |
| bHNI | 68 | 8,500 | ₹10,03,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2000, Shriram Properties, part of the Shriram Group, is a leading residential real estate developer in South India, focusing mainly on mid-market and affordable housing. The company also operates in mid-premium and luxury housing, as well as commercial and office spaces, with Bengaluru and Chennai as its primary markets and additional presence in Coimbatore, Visakhapatnam, and Kolkata. As of September 30, 2021, Shriram Properties has completed 29 projects, mostly in Bengaluru and Chennai, and has a total of 35 ongoing, under-development, and upcoming projects covering an estimated 46.72 million square feet of saleable area.
Strengths
- Reputed Group Affiliation: Part of the well-known Shriram Group.
- Leading Developer: One of South India’s top residential real estate companies.
- Proven Execution Capabilities: Strong track record in project identification and delivery.
- Financial Partnerships: Maintains strategic relationships with investors.
- Scalable & Asset-Light Model: Business designed for efficient growth with minimal assets.
- Strong Financial Position: Demonstrates solid financial health.
- Regulatory Advantage: Well-positioned to benefit from industry and regulatory developments.
- Experienced Team: Managed by skilled and professional leadership.
Promoters
M. Murali
Shriram Properties Holdings Private Limited
Shriram Group Executives Welfare Trust
Registrar & documents
Lead manager
Axis Capital Limited, ICICI Securities Limited, Nomura Financial Advisory And Securities (India) Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Lakshmi Neela Rite Choice Chamber, New No. 9, Bazullah Road, T. Nagar, Chennai 600017, Tamil Nadu, India
+91 44 4001 4410
[email protected]Company website ↗Understanding SHRIRAMPPS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.