Sri Priyanka Geo Commex (Withdrawn) IPO
Sri Priyanka Geo Commex (Withdrawn) IPO Details
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Open Date
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Close Date
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- IPO Price Range
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Sri Priyanka Geo Commex (Withdrawn) IPO Timeline
Sri Priyanka Geo Commex (Withdrawn) IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 24-June-2026 | 0.00 | 0.20 | 0.07 | 0.11 |
| 25-June-2026 | 13.14 | 0.16 | 0.14 | 0.28 |
| 29-June-2026 | 13.14 | 0.17 | 0.15 | 0.29 |
Last Updated: 29 June 2026 5:50 PM by 5paisa
Sri Priyanka Geo Commex Limited (SPGCL) is a trailblazer in the solvent extraction and mineral trading industries, with over three decades of expertise. Headquartered in Chennai, the company supplies industrial minerals like barite, fluorspar and copper to oil and gas, renewable energy, metallurgy and chemical sectors. SPGCL has forged strategic partnerships with global leaders such as Deutsche Baryt-Industries and Cimbar Performance Minerals, expanding its sustainable, customer-centric footprint across North America, Europe, Asia and the Middle East through optimised logistics and operations.
Established in: 1990
Managing Director: Venkata Sai Shiv Prasad Nuthalapati
Sri Priyanka Geo Commex (Withdrawn) Objectives
1. Prepayment or repayment of certain loans availed by our Company (₹10 Cr)
2. Funding of working capital requirements of our Company (₹16.5 Cr)
3. Investment in the company's wholly owned subsidiary Geo Min Commodities Pte. Ltd., Singapore for funding of its working capital requirements (₹47 Cr)
4. General corporate purposes
Sri Priyanka Geo Commex IPO Size
| Types | Size |
|---|---|
| Total IPO Size |
₹94.51 Cr |
| Offer For Sale | - |
| Fresh Issue |
₹94.51 Cr |
Sri Priyanka Geo Commex IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | 2,48,400 |
| Retail (Max) | 2 | 1,200 | 2,54,400 |
| S-HNI (Min) | 3 | 1,800 | 3,72,600 |
| S-HNI (Max) | 7 | 4,200 | 8,90,400 |
| B-HNI (Min) | 8 | 4,800 | 10,17,600 |
Sri Priyanka Geo Commex IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 13.14 | 41,400 | 5,44,200 | 11.537 |
| Non-Institutional Buyers | 0.17 | 12,58,200 | 2,08,800 | 4.427 |
| BNII | 0.24 | 8,38,800 | 2,01,600 | 4.274 |
| SNII | 0.55 | 4,19,400 | 2,30,400 | 4.884 |
| Individual Investors (IND category bidding for 2 Lots) | 0.15 | 29,35,200 | 4,40,400 | 9.336 |
| Total** | 0.28 | 42,34,800 | 11,93,400 | 25.300 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 219.48 | 250.19 | 266.65 |
| EBITDA | 4.08 | 6.05 | 16.46 |
| PAT | 1.33 | 2.04 | 9.82 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 66.88 | 67.27 | 81.22 |
| Share Capital | 2.96 | 2.96 | 2.96 |
| Total Liabilities | 66.88 | 67.27 | 81.22 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | -3.77 | -4.49 | 6.56 |
| Net Cash Generated From / (used in) Investing Activities | -0.26 | 0.18 | 1 |
| Net Cash Generated From / (used in) Financing Activities | 4.73 | 5.45 | -1.94 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.70 | 1.14 | 4.72 |
Strengths
1. Presence across critical minerals and rice bran oil businesses.
2. Multiple revenue streams reduce dependence on a single segment.
3. Integrated sourcing, trading and manufacturing capabilities.
4. Established operations across India and international markets.
Weaknesses
1. Earnings remain exposed to commodity price fluctuations.
2. Working capital-intensive business model.
3. Dependence on global sourcing and supply chains.
4. Margins can be impacted by volatile input costs.
Opportunities
1. Rising demand for industrial minerals across key industries.
2. Expansion of overseas trading operations through subsidiaries.
3. IPO proceeds to strengthen working capital position.
4. Scope to deepen presence in international commodity markets.
Threats
1. Global trade disruptions may affect mineral supplies.
2. Currency fluctuations can impact profitability.
3. Regulatory changes in commodity markets remain a risk.
4. Intense competition from domestic and international players.
1. Diversified business model with exposure to both industrial minerals trading and edible oil manufacturing, reducing dependence on a single segment.
2. Global sourcing and trading network across multiple geographies, providing access to broader markets and growth opportunities.
3. Strong industry tailwinds driven by rising demand for critical minerals used in infrastructure, manufacturing and industrial applications.
4. Growth-focused utilisation of IPO proceeds towards working capital, debt reduction and international expansion, supporting future scalability.
Sri Priyanka Geo Commex operates a diversified commodities business spanning global trading of critical minerals such as barite, fluorspar and copper cathodes, alongside rice bran oil manufacturing. The company has built sourcing and trading networks across India, Singapore, Morocco and other international markets, creating multiple growth avenues. IPO proceeds will support working capital, debt reduction and overseas subsidiary expansion, positioning the company to capitalize on rising demand for industrial minerals and strengthen its global commodity trading footprint.
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FAQs
Sri Priyanka Geo Commex IPO dates are yet to be announced.
The size of Sri Priyanka Geo Commex IPO is yet to be announced.
The price band of Sri Priyanka Geo Commex IPO is yet to be announced.
To apply for Sri Priyanka Geo Commex IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Sri Priyanka Geo Commex IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size and investment required for Sri Priyanka Geo Commex IPO is yet to be announced.
The share allotment date of Sri Priyanka Geo Commex IPO is yet to be announced.
The listing date of Sri Priyanka Geo Commex IPO is yet to be announced.
Horizon Management Private Limited is the book running lead manager for Sri Priyanka Geo Commex IPO.
Sri Priyanka Geo Commex IPO plans to utilise the raised capital from the IPO for:
1. Prepayment or repayment of certain loans availed by our Company (₹10 Cr)
2. Funding of working capital requirements of our Company (₹16.5 Cr)
3. Investment in the company's wholly owned subsidiary Geo Min Commodities Pte. Ltd., Singapore for funding of its working capital requirements (₹47 Cr)
4. General corporate purposes