
Srivari Spices and Foods Limited
listed
₹1.20LMin. investment
About Srivari Spices and Foods Limited
Issue size
₹9Cr
IPO type
SME
Price range
₹40.00 – ₹42.00
Lot size
3000 shares
Price range₹40.00 – ₹42.00
IPO type
SME
Lot size3000 shares
Issue size₹9Cr
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About the Srivari Spices and Foods Limited IPO
Srivari Spices and Foods is engaged in the business of manufacturing spices and flour (chakki atta). Company primarily markets and sells its products in Telangana and Andhra Pradesh. Company gets its raw materials from various parts of the country, processes it to create the final product and sells it through distribution channels.
Over the years, Srivari Spices and Foods has diversified its product portfolio and now sells madras sambar masala, chicken masala, garam masala and mutton masala in pouches, boxes and bottles. Company has two manufacturing facilities located in Telangana.
Now, Srivari Spices & Foods Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet working capital requirements & for general corporate purposes.
Here are key details about the Srivari Spices and Foods Limited IPO :
Company Name | Srivari Spices and Foods Limited | Company Type | Private | |
---|---|---|---|---|
IPO Type | SME |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Srivari Spices and Foods Limited ?
The issue size of the Srivari Spices and Foods Limited is 9 Cr.
What is 'pre-apply' for Srivari Spices and Foods Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Srivari Spices and Foods Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts7 Aug 2023
- Bidding ends9 Aug 2023
- Allotment finalisation9 Aug 2023
- Release of funds16 Aug 2023
- Demat transfer14 Aug 2023
- Listing18 Aug 2023