Srivari Spices IPO Subscription Details

Bookbuilding IPO | ₹9 Cr | Listed at NSE SME | Mon, Aug 7, 2023 - Wed, Aug 9, 2023

Basis of Allotment - Srivari Spices IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)4,08,0006,06,00010,14,0003,06,0007,14,00020,34,000
Allotment price (Rs.)424242424242
No.of applications312336,7601,26,9641,33,757
No.of shares applied2,99,22,0009,57,0003,08,79,00023,93,10,00038,08,92,00065,10,81,000
Amount collected (Rs.cr.)125.67 4.02 129.69 1,005.10 1,599.75 2,734.54
No.of times subscribed73.341.5830.45782.06533.46320.10
No.of shares allotted4,08,0006,06,00010,14,0003,06,0007,14,00020,34,000
Amount (Rs.cr.)1.71 2.55 4.26 1.29 3.00 8.54
No.of allottees30232102238372

IPO Shares Offered

Srivari Spices IPO is a public issue of 0.20 Cr equity shares. The issue offers 0.07 Cr shares to retail investors, 0.10 Cr shares to qualified institutional buyers, and 0.03 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,08,0000.45 5.04%
QIB 10,14,0004.26 47.34%
    Anchor 6,06,000 2.55 28.29%
    QIB (Ex Anchor) 4,08,000 1.71 19.05%
NII* 3,06,0001.29 14.29%
Retail7,14,0003.00 33.33%
Total21,42,0009.00 100%

Srivari Spices IPO Anchor Investor Allocation

A total of 6,06,000 shares at a price of Rs 42 per share will be allotted to the anchor investors.

Anchor investors bid opening dateAug 04, 2023
Anchor investor price₹42.00
Anchor investors as % of QIBs59.76%
No. of shares locked-in for 30 days3,03,000
No. of shares locked-in for 90 days3,03,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NEOMILE GROWTH FUND NEOMILE 3,66,000 1.54 60.40 17.09
2 ZINNIA INVESTMENT ADVISERS PVT.LTD. ZINNIA INVESTMENT 2,40,000 1.01 39.60 11.20
6,06,0002.5510028.29

IPO Subscription FAQs

The Srivari Spices IPO is subscribed 450.03 times by Aug 09, 2023 19:29.

Srivari Spices IPO Subscription

Investor Category Subscription (times)
Qualified Institutional79.1
Non Institutional786.11
Retail Individual517.95
Total Subscription450.03

Retail category of Srivari Spices IPO subscribed 517.95 times as of date Aug 09, 2023 19:29. The public issue closes on Wed, Aug 9, 2023 for bidding.

An investor can apply in Srivari Spices IPO online via bank (using ASBA) or the broker (using UPI). The Srivari Spices IPO shares are offered online only.

The Srivari Spices IPO is subscribed 450.03 times by Aug 09, 2023 19:29.

The Srivari Spices IPO allotment status is expected on or around Monday, August 14, 2023. Visit Srivari Spices IPO allotment status to check.

The Srivari Spices IPO listing date is August 18, 2023. The equity share of Srivari Spices IPO will list on NSE SME.

Visit Srivari Spices IPO subscription status page for real-time bidding information about Srivari Spices IPO.

Srivari Spices IPO Timetable

IPO opens OnMonday, August 7, 2023
IPO Closes OnWednesday, August 9, 2023
Finalisation of Basis of AllotmentMonday, August 14, 2023
Initiation of RefundsWednesday, August 16, 2023
Credit of Shares to Demat AccountThursday, August 17, 2023
IPO Listing DateFriday, August 18, 2023
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