Shri Ahimsa Naturals IPO Details

Bookbuilding IPO | ₹74 Cr | Listed at NSE SME | Tue, Mar 25, 2025 - Thu, Mar 27, 2025

Shri Ahimsa Naturals IPO Logo

Shri Ahimsa Naturals IPO is a book build issue of ₹73.81 crores. The issue is a combination of fresh issue of 0.42 crore shares aggregating to ₹50.02 crores and offer for sale of 0.20 crore shares aggregating to ₹23.79 crores.

Shri Ahimsa Naturals IPO bidding started from Mar 25, 2025 and ended on Mar 27, 2025. The allotment for Shri Ahimsa Naturals IPO was finalized on Mar 28, 2025. The shares got listed on NSE SME on Apr 2, 2025.

Shri Ahimsa Naturals IPO price band is set at ₹119 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,42,800 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,85,600.

Srujan Alpha Capital Advisors LLP is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..

Refer to Shri Ahimsa Naturals IPO RHP for detailed Information.

IPO Open

Tue, Mar 25, 2025

IPO Close

Thu, Mar 27, 2025

Issue Price

₹119 per share

Market Cap (Pre-IPO)

₹277.63 Cr

IPO Details

IPO Date25 to 27 Mar, 2025
Listed onWed, Apr 2, 2025
Face Value10 per share
Price Band₹113 to ₹119
Issue Price₹119 per share
Lot Size1,200 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtNSE SME

Total Issue Size62,02,800 shares
(agg. up to ₹74 Cr)
Reserved for Market Maker
3,12,000 shares
(agg. up to ₹4 Cr)
Choice Equity Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
38,91,600 shares
(agg. up to ₹46 Cr)
Offer for Sale19,99,200 shares of ₹10
(agg. up to ₹24 Cr)
Net Offered to Public58,90,800 shares
(agg. up to ₹70 Cr)
Share Holding Pre Issue1,91,26,500 shares
Share Holding Post Issue2,33,30,100 shares
NSE Symbol SHRIAHIMSA
ISININE0DM401012

IPO Timetable

Issue Reservation

Shri Ahimsa Naturals IPO comprises a total issue size of 62,02,800 shares. The net offer to the public is 58,90,800 shares, after excluding 3,12,000 shares allotted on a firm basis. Of the Net offer 29,24,400 (49.64%) are allocated to QIB, 8,84,400 (15.01%) allocated to NII 20,82,000 (35.34%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 29,24,40049.64%47.15%
  − Anchor Investor Shares Offered 17,54,40028.28%
  − QIB (Ex. Anchor) Shares Offered 11,70,00018.86%
NII (HNI) Shares Offered 8,84,40015.01%14.26%
Retail Shares Offered 20,82,00035.34%33.57%
Firm Reservations
Market Maker Shares Offered 3,12,0005.03%
Total Shares Offered 62,02,800100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,200 ₹1,42,800
Retail (Max) 1 1,200 ₹1,42,800
HNI (Min) 2 2,400 ₹2,85,600
IPO Subscription Details

IPO Anchor Investors

Shri Ahimsa Naturals IPO raises ₹20.88 crore from anchor investors. Shri Ahimsa Naturals IPO Anchor bid date is March 24, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateMon, Mar 24, 2025
Shares Offered17,54,400
Anchor Portion (₹ Cr.)20.88
Anchor lock-in period end date for 50% shares (30 Days)Mon, Apr 28, 2025
Anchor lock-in period end date for remaining shares (90 Days)Fri, Jun 27, 2025

About Shri Ahimsa Naturals Ltd.

Incorporated in 1990, Shri Ahimsa Naturals Limited extracts and manufactures Caffeine Anhydrous, Green Coffee Bean Extracts, and Crude Caffeine, also trading other herbal extracts.

The company's products find its application in the food & beverage, nutraceuticals, cosmetics and pharmaceutical industries due to their health benefits.

The company's product portfolio includes the following:-

  • Natural Caffeine:Extracted from seeds of various plants like coffee and tea, their caffeine is used in energy drinks, soft drinks, cosmetics, and pharmaceuticals.

  • Green Coffee Bean Extract:Sourced from unroasted green coffee seeds, this extract is rich in chlorogenic acid, known for its antioxidant properties and potential weight loss benefits.

The company exports its products to the USA, Germany, South Korea, the UK, Thailand, etc.

For the period ending September 30, 2024, revenue from exports (including deemed exports) of the Company’s products was ₹3,530.91 lakhs, ₹7,463.71 lakhs, and ₹9,988.01 lakhs for Fiscal 2023 and ₹5,633.50 lakhs for Fiscal 2022.

The manufacturing unit is situated in Jaipur, Rajasthan.

The manufacturing facility complies with 2015 [Quality Management System], 2018 ISO 22000 [Food Safety Management System], 2018 ISO 45001 [Occupational Health & Safety Management System], 2015 ISO 14001 [Environmental Management System], HACCP, and GMP guidelines for superior quality.

As of March 2025, the company employed about 80 employees.

Competitive Strength:

  • Experienced Promoters and Management Team.
  • Manufacturing facility supported by technology-driven process and R&D capabilities.
  • Long term relationship with the clients.

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets111.39103.1574.1340.34
Total Income41.3778.70106.1458.94
Profit After Tax9.7418.6738.2111.02
NET Worth99.6783.8965.2227.02
Reserves and Surplus80.5465.5759.9921.78
Total Borrowing4.8513.833.436.36
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Investment in our Wholly-Owned Subsidiary, Shri Ahimsa Healthcare Private Limited (SAHPL) for setting up a manufacturing unit at Sawarda, Jaipur, Rajasthan 35.00
2 General Corporate Purposes 4.30

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE22.25%
ROCE25.69%
Debt/Equity0.07
RoNW22.25%
PAT Margin23.91%
Price to Book Value2.60
Pre IPOPost IPO
EPS (₹)9.768.35
P/E (x)12.1914.25
Promoter Holding94.22%68.68%
Market Cap277.63 Cr.
The Promoters of the company are Mr Nemi Chand Jain, Mrs Sumitra Jain, Mr Amit Kumar Jain, Mr Sumit Jain, Mrs Prerna Jain, M/s Ahimsa Holdings Private Limited and M/s Bimneer Investments Private Limited.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 available in RHP.

IPO Review

[Dilip Davda]
SANL is engaged in the manufacturing and extraction of caffeine anhydrous Natural, Green Coffee Beans Extracts and Crude Caffeine. It is also trading in herbal extracts, and enjoys status as an 100% EoU. It posted exceptional year of boost in top and bottom lines amidst the Pandemic impact. The company marked sustainable trends for its top and bottom-line growth. Based on its recent set of financial data, the issue appears reasonably priced. Investors may park funds for medium to long term.
Read detail review...

Shri Ahimsa Naturals IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers1000
Members0000

Shri Ahimsa Naturals IPO Subscription Status (Bidding Detail)

The Shri Ahimsa Naturals IPO is subscribed 62.71 times on March 27, 2025 6:19:58 PM (Day 3). The public issue subscribed 35 times in the retail category, 21.23 times in the QIB category, and 182.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB21.2311,70,0002,48,38,80035
NII*182.828,84,40016,16,86,8005,465
Retail3520,82,0007,28,67,60060,723
Total62.7141,36,40025,93,93,20066,223

Total Application : 66,223

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 BRLM Fees and commissions (including underwriting commission, brokerage and selling commission) 9.86
2 Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs and brokerage and selling commission and bidding/uploading charges for members of the Syndicate (including their Sub-Syndicate Members), Registered Brokers, RTAs and CDPs 1,2,3 0.20
3 Advertising and marketing expenses 0.14
4 Fees payable to the Legal Advisors 0.03
5 Fees payable to the Registrar to the Offer 0.01
6 Fees payable to the to the regulators including Stock Exchange 0.04
7 Printing and distribution of Offer stationary 0.01
8 Others (Banker to the Offer, auditor’s fees etc.)4 0.42

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price119.00
Open140.00
Low140.00
High147.00
Last Trade147.00

Check IPO Performance…

IPO Registrar

Cameo Corporate Services Ltd.

Contact Details

Shri Ahimsa Naturals Ltd. Address
E-94, RIICO Industrial Area
Bagru, Ext.
Bagru
Jaipur, Rajasthan, 303007
Open an Instant Account with Zerodha

IPO FAQs

Shri Ahimsa Naturals IPO is a SME IPO of 62,02,800 equity shares of the face value of ₹10 aggregating up to ₹74 Crores. The issue is priced at ₹119 per share. The minimum order quantity is 1200.

The IPO opens on Tue, Mar 25, 2025, and closes on Thu, Mar 27, 2025.

Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Shri Ahimsa Naturals IPO using UPI as a payment gateway. Zerodha customers can apply in Shri Ahimsa Naturals IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Shri Ahimsa Naturals IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Shri Ahimsa Naturals IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Shri Ahimsa Naturals IPO opens on Tue, Mar 25, 2025 and closes on Thu, Mar 27, 2025.

Shri Ahimsa Naturals IPO lot size is 1200, and the minimum amount required for application is ₹1,42,800.

You can apply in Shri Ahimsa Naturals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Shri Ahimsa Naturals IPO will be done on Friday, March 28, 2025, and the allotted shares will be credited to your demat account by Tue, Apr 1, 2025. Check the Shri Ahimsa Naturals IPO allotment status.

The Shri Ahimsa Naturals IPO listing date is on Wed, Apr 2, 2025.

Compare: