Shriram Food Industry IPO Details

MAINBOARD

Shriram Food Industry IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

Shriram Food Industry IPO total issue size comprises 2,64,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 2,12,00,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 52,00,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 8,40,00,070, which will increase to 10,52,00,070 post-issue.

The Lead Managers for Shriram Food Industry IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Choice Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Shriram Food Industry Limited DRHP.

Shriram Food Industry IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
8,40,00,070 shares
Share holding post issue
10,52,00,070 shares
Total Issue Size
2,64,00,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
2,12,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
52,00,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
SEBI Approval Received

Shriram Food Industry IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Shriram Food Industry IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Anup Ramavtar Goyal, Nitesh Chaudhari, Aman Anup Goyal, Orient Dealtrade Pvt Ltd, Greta Industries Pte Ltd

Documents

Shriram Food Industry IPO Valuations

ROE:34.39%
ROCE:28.14%
DEBT/EQUITY:1.53
RONW:34.39%
PAT MARGIN:3.15%

Shriram Food Industry Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets410.88161.55229.91
Total Income1,370.71674.071,273.90
Profit After Tax42.7614.4833.91
EBITDA73.5527.8254.56
NET Worth145.69102.9689.06
Total Borrowing222.3624.0371.16
Amount in ₹ Crore

About Shriram Food Industry IPO

Incorporated in 2014, the company operates on a B2B model and mainly export rice to international markets. It is a part of Greta Group of companies, operating in diverse sectors like Steel, Scrap metals recycling, power generation, mineral exploration and food processing, etc.

The company offers different varieties of rice such as Parboiled Rice, White Rice, 100% Broken Rice, and by-products like rejection rice and rice bran.

Business Segments.

  • Buy fully processed rice from third-party processors and sell it to international buyers, or

  • Buy paddy/raw rice and process it at our own facility to meet specific quality, grain size, or packaging requirements.

Revenue: It derives majority of revenue from export acros Asia, Africa, Russia, and the Middle East. We derive majority of our sales revenue from international markets, with key export destinations across Asia, Africa, Russia and the Middle East. The company export rice to over 33 countries.

The company export goods in bulk under third-party labels in a range of flexible packaging formats like one-side metallic bags, one side BOPP bags, both side BOPP bags, jumbo bags, PP woven bags/sacks and white bags. In Fiscal 2025, the company exported over 2,50,253.74 metric tons of rice.

Strengths

  • Strategically located integrated milling and processing facility with adequate storage and expansion potential
  • Integrated business model combining trading and manufacturing activities
  • Third-party labelling service for international market
  • Long standing relationships with customers with high retention rate
  • Supply Chain Efficiency
  • Track Record of healthy growth

Strength Of Shriram Food Industry IPO

To be announced

Risk Of Shriram Food Industry IPO

To be announced

Objectives Shriram Food Industry IPO

1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company from banks or financial institutions; and

2. General corporate purposes

Company Contact Details

Shriram Food Industry Ltd.
S.No.181/2, 182/1A, 182/2, Marodi,
Mauda Tahsil, Nagpur
Nagpur, Maharashtra, 441104
Phone: +91 71229 97067
Email: cs@shriramfood.com
Website: http://www.shriramfood.com/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

Shriram Food Industry IPO - FAQs

The Shriram Food Industry IPO is a MAINBOARD public issue comprising 26400000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Shriram Food Industry IPO opens on TBA.

Shriram Food Industry IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Shriram Food Industry IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Shriram Food Industry IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Shriram Food Industry IPO allotment status for updates.

The listing date for the Shriram Food Industry IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Shriram Food Industry IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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