Home>IPO>Shriram Properties Ltd.

Shriram Properties IPO

Shriram Properties Ltd.

IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
NANANATo be announced
Issue SizeIPO Doc
800 Cr
DRHP PDFopen_in_new

About Company

Shriram Properties Limited is a residential real estate development company in South India. It primarily focuses on the mid-market and affordable housing categories. In terms of the number of units launched in Tier 1 cities of South India between 2015 and 2020, Shriram Properties is one of the five largest residential real estate companies. It is also present in the mid-market premium and luxury housing segment, as well as commercial and office space segments in its core markets. As of the end of December 2020, Shriram Properties has 29 Completed Projects, representing 16.76 million square feet of Saleable Area. It also has around 35 ongoing projects, projects under development, and forthcoming projects aggregating to 46.74 million square feet.
... Read More
Parent Organisation
Shriram Properties Ltd.
Founded
2000
Managing Director
M. Murali

Strengths & Risks

  • add
    Shriram Group is funded by marquee global and domestic financial investors across several of its businesses.
  • add
    One of the leading residential real estate development companies in South India with a focus on mid-market and affordable housing categories.
  • add
    Proven track record in project identification and detailed execution.
  • add
    Strategic relations with domestic and international financial investors.
  • add
    Scalable and asset-light business model.
  • add
    Well-positioned to benefit from regulatory and industry development.
  • remove
    Dependency on the performance of the real estate market in South India
  • remove
    Continuing impact of the COVID-19 pandemic
  • remove
    Key developments geographically concentrated in key cities in South India
  • remove
    Delay in completing the ongoing projects, projects under development, and/or forthcoming projects.
  • remove
    Increase in price, shortage, or any disruption in the supply of raw materials or labor
  • remove
    Dependence on independent contractors for executing the projects
  • remove
    Capital intensive business and depends on the availability of real estate financing in India
  • remove
    Outstanding legal proceedings involving the company, subsidiaries, directors, group companies, and promoters
  • remove
    Around 22% of the company’s estimated saleable area is located in Kolkata increasing the risk of concentration in one city
  • remove
    Title and development rights or other interests over land may be subject to legal uncertainties and defects
  • remove
    Changing laws, rules and regulations and legal uncertainties, including the withdrawal of certain benefits or adverse application of tax laws in the Indian real estate sector
  • remove
    Property tax rates
  • remove
    Competitive market
  • remove
    Timely receipt of approvals and permits
  • remove
    Difficult to assess the growth rate since the revenues fluctuate from period to period
  • remove
    Dependence on a few projects for a significant part of the revenue.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Top IPO FAQs

What is the Shriram Properties Ltd. IPO?

keyboard_arrow_down
The Shriram Properties IPO issue size is around Rs 800 crores of which Rs 150 crores may be a fresh issue and the rest an offer for sale.

What are the open and close dates of the Shriram Properties Ltd. IPO?

keyboard_arrow_down
The Shriram Properties IPO date is not finalised yet.

What is the lot size and minimum order quantity of the Shriram Properties Ltd. IPO?

keyboard_arrow_down
The Shriram Properties IPO price and lot size has not been finalised.

What are the allotment dates for the Shriram Properties Ltd. IPO?

keyboard_arrow_down
Not finalised ye

Who is the registrar of Shriram Properties Ltd. IPO?

keyboard_arrow_down
KFin Technologies Private Ltd

When is the Shriram Properties Ltd. IPO getting listed?

keyboard_arrow_down
Not finalised ye
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
ABOUT GROWW
keyboard_arrow_down