IPO

Shrenik Ltd IPO

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Initial public issue of 54,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Shrenik Limited (The Company ot The Issuer) for cash at a price of Rs. 40 per equity share, including a share premium of Rs. 30 per equity share (The Issue Price), aggregating Rs. 21.60 crores (The Issue), of which upto 2,88,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share, aggregating Rs. 1.15 crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 51,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 40 per equity share, aggregating Rs. 20.45 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 26.47% and 25.06% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10 each and the issue price of Rs. 40 is 4 times of the face value of the equity shares.

Shrenik Ltd IPO Subscription Details

Company

Shrenik Ltd

Issue Type

Fixed Price - SME

Open Date

06 Jul

Close Date

10 Jul

Offer Price

40.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Shrenik Ltd IPO

Company Contact Information

Shrenik Ltd IPO
505-508 TEN/11,
Beside Mardia Plaza CG Road,
Ahmedabad, Gujarat 380009.

Phone: 91-79-26440303-0505
Email: cs@shrenik.co.in

Shrenik Ltd IPO Register

Link Intime India Pvt Ltd

Shrenik Ltd IPO Lead Manager(s)

  • Pantomath Capital Advisors Pvt Ltd

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