Srivari Spices and Foods Limited
ListedSMEEmerging SME Services · NSE
Srivari Spices and Foods Limited specializes in manufacturing spices and flour (chakki atta) while also handling the marketing and sales of its products. Operating mainly in Telangana and Andhra Pradesh, the company sources raw materials from different parts of India and processes them with great care, ensuring no artificial preservatives or chemicals are used. This commitment to quality results in organic spices and flour that retain the freshness and natural goodness of each ingredient. Srivari Spices and Foods follows two business models for selling its products: Direct-to-Customer (D2C) and Business-to-Business (B2B), ensuring a wide market reach.
Price Band
₹40 – ₹42
Issue Size
₹9.00 Cr
Lot Size
3000 shares
GMP
₹27
+64.3%
Est. Listing
₹69
at current GMP
Subscribed
450.10x
overall
Open
7 Aug 2023
Close
9 Aug 2023
Allotment
14 Aug 2023
Refund
15 Aug 2023
Demat Credit
16 Aug 2023
Listing
18 Aug 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹40 - ₹42 per equity share
- •Minimum bid lot is 3000 shares
- •Estimated listing target of ₹69 based on current grey market activity