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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 25,423,729 | — | 0.00x |
| Non-Institutional (NII / HNI) | 7,627,119 | — | 0.00x |
| Retail Individual (RII) | 17,796,610 | — | 0.00x |
| Total | 50,847,458 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 142,373 | 142,373 | 1.00x |
| HNIs (10L +) | 911 | 911 | 1.00x |
| HNIs (2-10L) | 4,358 | 4,358 | 1.00x |
| Total Applications | 147,642 | 147,642 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Shriram Properties Limited Public Issue & Market Profile
Shriram Properties Limited is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹600 Crores. The shares are offered at a price band of ₹113 to ₹118 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2021-12-10, the basis of allotment is scheduled to be finalized on 2021-12-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Shriram Properties Limited IPO GMP today?
Currently, Shriram Properties Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹113 to ₹118 per equity share.
What is the expected profit per lot for Shriram Properties Limited IPO?
The retail lot size is 125 shares requiring a minimum application amount of ₹14,750. Expected listing price is ₹108 per equity share.
What is the issue size and price band for Shriram Properties Limited IPO?
The Shriram Properties Limited IPO aggregate issue size is ₹600 Crores with an equity price band set at ₹113 to ₹118 per equity share. The retail lot size is 125 shares requiring a minimum capital outlay of approx. ₹14,750.
How can I check Shriram Properties Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Shriram Properties Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-12-16. Investors can verify status using PAN card or application number.
When is the listing date for Shriram Properties Limited IPO?
Shriram Properties Limited shares are scheduled to list on NSE and BSE on 2021-12-20.