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Home All IPOs Srivasavi Adhesive Tapes Ltd. IPO

Srivasavi Adhesive Tapes Ltd. IPO

NSE SME Fixed Price IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹41
Issue Price
₹41
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹41
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹123,000
1 lot · 3,000 shares
Opens
23 Feb
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Feb 2023
Thu Completed
Done
Close Date
28 Feb 2023
Tue Completed
Done
Allotment
03 Mar 2023
Fri Completed
Done
Refund
06 Mar 2023
Mon Completed
Done
Demat Credit
08 Mar 2023
Wed Completed
Done
Listing Date
09 Mar 2023
Thu Completed
UPI Deadline: 28 Feb 2023
Issue Details
Pricing & Size
Issue Price
₹41 Face ₹10
Lot Size
3,000 shares
Min Investment
₹123,000
Total Issue Size
37,80,000 shares (aggregating up to ₹15.50 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,92,000 (5.08%)
QIB Portion
-
NII / HNI
17,94,000 (47.46%)
Retail
17,94,000 (47.46%)
Employee
-
Net Offer to Public
35,88,000 shares (aggregating up to ₹14.71 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,03,94,166 shares
Post-Issue Shareholding
1,41,74,166 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,23,000
HNI / NII 2 6,000 ₹2,46,000
Objects of Issue
2 objectives
1
Funding working capital requirements
10.84 Cr
2
General Corporate Purpose
3.10 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Shreni Shares Ltd
Market Maker
Shreni Shares Ltd
IPO Timeline
Open
23 Feb
✓ Done
Close
28 Feb
✓ Done
Allotment
03 Mar
✓ Done
Listing
09 Mar
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investors@vasavitapes.com
Phone
08023629383
Address
No. B 100, KSSIDC Industrial Estate, Doddaballapura, Bangalore Urban, Karnataka, 561203
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹41
Est. Listing
₹41
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 17,94,000 (47.46%) — —
Retail Investors — 17,94,000 (47.46%) — —
Market Maker * 1× 1,92,000 (5.08%) 1,92,000 (5.08%) ₹7.87 Cr
Total ** — 37,80,000 (100.00%) — —
* Based on ₹41.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
17,94,000 (47.46%)
Retail
17,94,000 (47.46%)
Market Maker
1,92,000 (5.08%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Lakhs
Metric30-Sep-2231-Mar-2231-Mar-21
Revenue3072.616392.195566.61
PAT180.73362.12187.34
EBITDA———
Net Worth1224.251043.53681.41
Total Assets3051.982763.352263.66
Reserves184.84918.80556.68
Borrowings600.06607.08395.02
Key Financial Ratios
16.08
Pre P/E
P/E Pre-Issue
About Srivasavi Adhesive Tapes Ltd.

Incorporated in 2010, Srivasavi Adhesive Tapes Limited is engaged in manufacturing, coating, converting, and Die cuts of industrial Specialty self-adhesive tapes. Srivasavi is an ISO 9001:2015 certified company certified by TUV Nord.

Srivasavi Adhesive Tapes Limited customized die cuts of Films, Foams, and allied products. It caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries.

The company serves its customers with a wide range of pressure-sensitive adhesive tapes, BOPP tapes, Eco-Friendly paper Tapes, Filament tapes, Double Side tapes, Packaging tapes, Specialty Protection tapes, Surface Protection tapes, Masking tapes, Specialty Foams/ Films.

Srivasavi Adhesive widely has two business divisions

  1. Domestic Sales
  2. Exports

The company has a presence in 23 states in the domestic market base. And Internationally they supply products in including Egypt, United State of America, France, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Indonesia, Sri Lanka, and UAE based on sales made for the period ended September 30, 2022.

Frequently Asked Questions
What is the issue price of Srivasavi Adhesive Tapes Ltd. IPO?
The issue price of Srivasavi Adhesive Tapes Ltd. IPO is ₹41 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹123,000.
What are the IPO dates?
Opens 23 Feb 2023, closes 28 Feb 2023.
When is the listing date?
Tentative listing: 09 Mar 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹41 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Srivasavi Adhesive Tapes Ltd. IPO · Expected 03 Mar 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
03 Mar 2023
Refund Initiation
06 Mar 2023
Demat Credit
08 Mar 2023
Listing Date
09 Mar 2023
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹41
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹123,000
1 lot
Est. Listing
₹41
GMP +₹0
Key Dates
Open
23 Feb Done
Close
28 Feb Done
Listing
09 Mar Done
Registrar
Bigshare Services Pvt.Ltd.
A
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