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Shrenik IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 21.60 Cr. The company is based in Ahmedabad and caters to Retail sector. Pantomath Capital Advisors is the merchant banker of Shrenik IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd May 2017.
Shrenik IPO open date is 6th July 2017 and close date is 10th July 2017. IPO Allotment Date is 30th November -0001 and Listing date is 18th July 2017.
IPO
Size:
₹ 21.60 Cr.
Avg IPO Size (Sector Based)
: ₹
14.55 cr.
Sector: Retail
SME
IPO so far:
18
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹
428.09
cr. 
PE
Ratio:
19.00x
Average Sector PE Ratio: 18.72x
Shrenik IPO size is ₹ 21.60 Cr. with IPO price of ₹ 40.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Shrenik IPO. Link Intime India Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Shrenik IPO.
Shrenik IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shrenik IPO, based in Ahmedabad, operates in the Retail sector with a focus on business of trading of different types of papers. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Shrenik IPO size is ₹ 21.60 Cr. with fresh issue size of ₹ 22 and Offer for sale being ₹ Nil
The IPO allotment date for Shrenik IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Shrenik IPO allotment status on the registrars website, Link Intime India Private Limited . Shrenik IPO refund dates are 30th November -0001.
Shrenik IPO is expected to be listed on 18th July 2017.
The upper price band for the Shrenik IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shrenik 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.
To apply for the Shrenik 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 July 2017. After submission, funds are blocked until the basis of allotment of Shrenik IPO is finalised.
The merchant banker for Shrenik IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shrenik IPO RHP for further details.
The registrar for Shrenik IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shrenik IPO through their official website or helpline.
Shrenik IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 21.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.55 Cr.
Sector: Retail
SME
IPO so far:
18
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹ 427.65 cr.
PE
Ratio:
19.00x
Average Sector PE Ratio: 18.72x
Shrenik IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shrenik Financial Review Page
Merchant Banker(s) of Shrenik IPO: Pantomath Capital Advisors Private Limited
Shrenik IPO subscription was 0.00 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.
Shrenik IPO listed at a listing price of 48.00 against the offer price of 40.00.
The current market price of Shrenik is 0.58.
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