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Shriram Properties IPO

Shriram Properties Ltd.

₹14,125 /125 sharesMinimum Investment

Shriram Properties IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
₹118.00₹90.00-₹28.00 (23.73%)

Shriram Properties IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
8 Dec '21 - 10 Dec '21₹14,125125₹113 - ₹118
Issue SizeIPO Doc
600.00Cr
RHP PDF

Subscription Status As on 10 Dec '21, 5:00 PM

  • Retail Individual Investor
    12.72x
  • Non-Institutional Investor
    4.82x
  • Qualified Institutional Buyers
    1.85x
  • Employees
    1.25x

About Shriram Properties

Shriram Properties Limited is a residential real estate development company in South India. It primarily focuses on the
Parent Organisation
Shriram Properties Ltd.
Founded
2000
Managing Director
M. Murali
Shriram Properties IPO review | Mapmyindia IPO review | Upcoming IPO 2021

Strengths & Risks

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

The Shriram Properties IPO issue size is around Rs 600 crore.

What is 'pre-apply' for Shriram Properties IPO?

Pre-apply will alow you to apply for the Shriram Properties IPO 2 days before the subscription period starts. Shriram Properties IPO is open for subscription between December 8 and 10.

If I pre-apply for Shriram Properties IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Shriram Properties IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Shriram Properties IPO order is placed?

We will notify you when your Shriram Properties IPO order is placed with the exchange.

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

The Shriram Properties IPO date is December 8 to 10.

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

The Shriram Properties IPO price is Rs 113 to 118 and lot size is 125 shares.

What are the allotment dates for the Shriram Properties IPO?

The Shriram Properties IPO allotment date is December 15 (tentative).

Who is the registrar of Shriram Properties IPO?

KFin Technologies Private Ltd.

Where is the Shriram Properties IPO getting listed?

The shares are proposed to be listed on BSE and NSE.
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