Shriram Properties Limited
ListedMainboardReal Estate · NSE / BSE
Incorporated in 2000, Shriram Properties, part of the Shriram Group, is a leading residential real estate developer in South India, focusing mainly on mid-market and affordable housing. The company also operates in mid-premium and luxury housing, as well as commercial and office spaces, with Bengaluru and Chennai as its primary markets and additional presence in Coimbatore, Visakhapatnam, and Kolkata. As of September 30, 2021, Shriram Properties has completed 29 projects, mostly in Bengaluru and Chennai, and has a total of 35 ongoing, under-development, and upcoming projects covering an estimated 46.72 million square feet of saleable area.
Price Band
₹113 – ₹118
Issue Size
₹600 Cr
Lot Size
125 shares
GMP
₹10
-8.5%
Est. Listing
₹108
at current GMP
Subscribed
—
Open
8 Dec 2021
Close
10 Dec 2021
Allotment
16 Dec 2021
Refund
17 Dec 2021
Demat Credit
18 Dec 2021
Listing
20 Dec 2021
Last updated 12 days ago
Key Highlights
- •Leading player in the Real Estate segment
- •Price band established at ₹113 - ₹118 per equity share
- •Minimum bid lot is 125 shares
- •Estimated listing target of ₹108 based on current grey market activity