Shree Ram Proteins Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,048,000 (47%) | — | ₹945 Cr |
| Retail | — | 3,048,000 (47%) | — | ₹945 Cr |
| Market Maker | — | 324,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 6,420,000 (100%) | — | ₹19,902 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹124,000 |
| Retail (Max) | 13 | 52,000 | ₹1,612,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,736,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,308,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding working capital requirements of the Company – 15.00
- 2 General corporate purposes – 3.60
Company Overview
Incorporated in 2008, Shree Ram Proteins Ltd is Rajkot Gujarat based company engaged in the business of de-linting and de-hulling of cotton seeds by mechanical process, oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts.
The cotton linters are commonly used in manufacturing of papers and as raw materials for manufacture of cellulose. Cotton seeds oil cake, cotton seeds de oil cake and cotton hull are used as animal feeds. Cotton seed pre refine oil further process by refinery to convert in to edible oil.
Company’s manufacturing process is in three stages:
1. De-linting and de-hulling of Cotton seeds, this process result in manufacture of shot fiber (linter), and De-linted cotton Seeds
2. Cotton seeds oil extraction process result in pre refine cotton seeds oil and cotton seeds oil cake and
3. Solvent extraction process, result in pre refine wash oil and de-oil cotton seeds cake.