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Srivari Spices and Foods Limited

Srivari Spices and Foods Limited

smelisted
Registrar: BIGSHARE SERVICES PRIVATE LIMITED · Listing 2023-08-18
IPO Timeline
Today · 20 Oct 2026
Opens
07 Aug 2023
Closes
09 Aug 2023
Allotment
09 Aug 2023
Refund
16 Aug 2023
Demat
14 Aug 2023
Listing
18 Aug 2023
Price Band
₹40–42
GMP
₹0
0%
Lot Size
3000 Shares
Min ₹126,000
Subscription
0x
Issue Size
₹9 Cr
Open
2023-08-07
Close
2023-08-09
Listing
2023-08-18

About the company

## **About the Srivari Spices and Foods Limited  IPO** Srivari Spices and Foods is engaged in the business of manufacturing spices and flour (chakki atta). Company primarily markets and sells its products in Telangana and Andhra Pradesh.  Company gets its raw materials from various parts of the country, processes it to create the final product and sells it through distribution channels. Over the years, Srivari Spices and Foods has diversified its product portfolio and now sells madras sambar masala, chicken masala, garam masala and mutton masala in pouches, boxes and bottles. Company has two manufacturing facilities located in Telangana. Now, Srivari Spices & Foods Limited  is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet working capital requirements & for general corporate purposes. ## **Here are key details about the Srivari Spices and Foods Limited  IPO :** Company Name| Srivari Spices and Foods Limited|  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 18 Aug 2023
      Listed 1159 days ago
      1. IPO Opens

        Completed
        07 Aug 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        09 Aug 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        09 Aug 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        16 Aug 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        14 Aug 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        18 Aug 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      3000 shares
      Price / Share (upper)
      ₹42
      Min Investment (1 lot)
      ₹126,000
      Price Band
      ₹40–42
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      3000
      Min amount
      ₹126,000
      Max amount
      ₹126,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      6000
      Min amount
      ₹252,000
      Max amount
      ₹252,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹4.5 Cr
      Shares offered
      1,097,561
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹1.35 Cr
      Shares offered
      329,268
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹3.15 Cr
      Shares offered
      768,293
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).