114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

Shriram Properties IPO (Shriram Properties Limited IPO) Detail

Shriram Properties IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 600.00 Cr. The company is based in Chennai and caters to Real Estate sector. Axis Capital , ICICI Securities , Nomura Financial Advisory And Securities (India) are the merchant bankers of Shriram Properties IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th April 2021.

Shriram Properties IPO open date is 8th December 2021 and close date is 10th December 2021. IPO Allotment Date is 15th December 2021 and Listing date is 20th December 2021.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Shriram Properties IPO Date

Date of DRHP:
9th April 2021
IPO Open Date:
8th December 2021
IPO Close Date:
10th December 2021
IPO Allotment Date:
15th December 2021
Initiation of Refund:
16th December 2021
IPO Listing Date:
20th December 2021

Shriram Properties IPO Info, Size, Subscription

Shriram Properties IPO size is ₹ 600.00 Cr. with IPO price of ₹ 118.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 600.00 Cr.

Issue Price:
₹ 118.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
0.00

Subscription :
4.60 times

Pre Issue Promoter Holding :
32.00 %

Post Issue Promoter Holding :
28.00 %

Shriram Properties IPO Information

Sub Sector : realty developers
Shriram Properties Limited is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. It is among the five largest residential real estate companies in South India in terms of the number of units launched between calendar years 2015 and 2020 across Tier 1 cities of South India, including Bengaluru and Chennai (Source: JLL). The company is present in the mid-market premium and luxury housing categories as well as commercial and office space categories in its core markets. It is part of the Shriram Group, a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. The company believes
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Object of Issue (Shriram Properties IPO Objectives)

  • Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and its subsidiaries, Shriprop Structures, Global Entropolis and Bengal Shriram and
  • General Corporate Purposes

Axis Capital Limited is the book-running lead manager of the Shriram Properties IPO. Kfin Technologies Limited is the Registrar for Shriram Properties IPO.

Shriram Properties IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Shriram Properties IPO?

Shriram Properties IPO, based in Chennai, operates in the   Real Estate sector with a focus on realty developers. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Shriram Properties IPO size is ₹ 600.00 Cr. with fresh issue size of ₹ 250 and Offer for sale being ₹ 350.00 Cr.

When is Shriram Properties IPO allotment?

The IPO allotment date for Shriram Properties IPO is expected to be 15th December 2021, after the finalization of basis of allotment. Investors can check Shriram Properties IPO allotment status on the registrars website, Kfin Technologies Limited . Shriram Properties IPO refund dates are 16th December 2021.

When is Shriram Properties IPO listing date?

Shriram Properties IPO is expected to be listed on 20th December 2021.

What is the price band for Shriram Properties IPO?

The upper price band for the Shriram Properties IPO is set at ₹ 118.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Shriram Properties IPO Review?

For IPO analysis on Shriram Properties IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Shriram Properties IPO?

To apply for the Shriram Properties IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 10th December 2021. After submission, funds are blocked until the basis of allotment of Shriram Properties IPO is finalised.

Who is the merchant banker of Shriram Properties IPO?

The merchant banker for Shriram Properties IPO is Axis Capital Limited , ICICI Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited . Axis Capital Limited , ICICI Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shriram Properties IPO RHP for further details.

Who is the Registrar of Shriram Properties IPO?

The registrar for Shriram Properties IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Shriram Properties IPO through their official website or helpline.

What is the Shriram Properties IPO subscription?

Shriram Properties IPO was subscribed 4.60 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Shriram Properties IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shriram Properties Financial Review Page

Shriram Properties IPO subscription was 4.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shriram Properties IPO listed at a listing price of 99.40 against the offer price of 118.00.

The current market price of Shriram Properties is 96.31.

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