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Home › IPOs › Shrenik Ltd.
SH
Shrenik Ltd.
CLOSED NSE SME Fixed Price IPO Fresh Capital Shrenik IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹40
Issue Price: ₹ 40
Issue Price
₹40
Face Value
₹10
Lot Size
3,000 shares
Open Date
06 Jul 2017
Close Date
10 Jul 2017
Listing Date
18 Jul 2017
Exchange
NSE SME
Shrenik IPO About the Company
...read more
Shrenik IPO Objects of the Issue
Purpose Amount (₹ Cr)
Working Capital Requirement ₹16
Shrenik IPO Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Issue Details
Total Shares Offered
5,400,000 (100%
Reserved for Market Maker
Up to ₹1 Cr
Net Offer to Public
Up to ₹20 Cr
Pre-Issue Shareholding
15,000,000 shares
Post-Issue Shareholding
20,400,000 shares
UPI Mandate
10 Jul 2017
IPO Analytics Dashboard
LIVE
Shrenik IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Moderate
Shrenik IPO GMP Strength Score
8 / 10 Strong
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Shrenik IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 2,556,000 (47%) —
👤 Retail (RII) — 2,556,000 (47%) —
📊 Market Maker — 288,000 (5%) —
Σ Total — 5,400,000 (100% —

* Amount calculated at upper price band (₹40) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 2,556,000 (47%)
47%
👤
Retail (RII) ? 2,556,000 (47%)
47%
📊
Market Maker ? 288,000 (5%)
5%
Total Shares Offered 5,400,000 (100%
Shrenik IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 3,000
Min. Investment ₹120,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 6,000
Min. Investment ₹240,000
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.

This IPO shows strong fundamentals and healthy investor demand. Research the business model and compare with sector peers before applying.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 40  ·  Symbol: —
H —
L —
O —
Shrenik IPO Company Info
📍 D/87, Nava Anaj Bazar, Opp. Anupam Cinema, Khokhara Ahmedabad, Gujarat, 380008
Visit Website
Shrenik IPO Registrar
MUFG Intime India Pvt.Ltd.
Check Allotment Status
Shrenik IPO FAQs
Shrenik IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Shrenik IPO is ₹40 per share. One lot has 3,000 shares, so the minimum investment is about ₹120,000. It is a Fresh Capital issue.
Shrenik IPO opened on 06 Jul 2017 and closed on 10 Jul 2017. Shares are listed on NSE SME on 18 Jul 2017.
As per the offer document, Shrenik plans to use the IPO proceeds for: Working Capital Requirement (₹16).
The lead manager of Shrenik IPO is Pantomath Capital Advisors Pvt.Ltd..
Shrenik IPO is proposed to list on NSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
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