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
Official Registrar Verification
Srivari Spices and Foods Limited Allotment Status
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
14 Aug 2023
Basis finalization
Refunds Initiate
15 Aug 2023
Mandate release
Demat Credit
16 Aug 2023
Shares in demat
Listing Debut
18 Aug 2023
Trading begins
How to Check Srivari Spices and Foods Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Pvt Ltd's allotment portal.
- Select Srivari Spices and Foods Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Srivari Spices and Foods Limited Public Issue & Market Profile
Srivari Spices and Foods Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹9 Crores. The shares are offered at a price band of ₹40 to ₹42 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-16, while un-allotted funds or UPI block mandates will be released on 2023-08-15.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.