IPO Details
Bidding Dates
23 Feb '23 - 28 Feb '23
Minimum Investment
₹123,000 / 1 Lots ( 3000 Shares )
Price Range
₹41
Maximum Investment
₹123,000 / 1 Lots ( 3000 Shares )
Retail Discount
To be announced
Issue Size
₹15.50 crore
Investor category and sub category
Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual InvestorsIPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Feb 23, 23
IPO Closing Date
Feb 28, 23
IPO Allotment Date
Mar 3, 23
Initiation of Refunds
Mar 6, 23
Credit of Shares to Demat Account
Mar 8, 23
Listing Date
Mar 9, 23
IPO Subscription Details
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1Feb 23 2023 | 0.68 | 0.18 | 0.43 |
Day 2Feb 24 2023 | 1.15 | 0.41 | 0.78 |
Day 3Feb 27 2023 | 1.46 | 1.39 | 1.42 |
Day 4Feb 28 2023 | 7.11 | 8.27 | 7.69 |
About Company
The company manufactures (coating and converting) die cuts of industrial speciality self-adhesive tapes. They have specialised in producing die cuts of films, foams and allied products used across industries - automotive, locomotive, aerospace, defence, electrical and electronics, renewable industries and others.
They have two business divisions. One caters to the domestic market. They have a presence in twenty-three Indian states. The export division takes care of marketing and sales in the international markets where it exports to thirteen countries.
Srivasavi Adhesive Tapes Ltd. IPO Objective
- The company proposes to utilise the funds from the fresh issue IPO to meet working capital requirements and fund general corporate purposes.
Why should you invest in the Srivasavi Adhesive Tapes Ltd. IPO?
Here are your top reasons to invest in the IPO.
- Their product portfolio includes industrial self-adhesive tapes with various types of adhesive systems to suit different industrial applications.
- They have an extensive client base across twenty-three Indian states and thirteen foreign countries. A sizable portion of the company’s revenue comes from export activities.
Srivasavi Adhesive Tapes Company Financials
| Parameters | Year ending on 31st March, 2022 | Year ending on 31st March, 2021 |
|---|---|---|
| Revenue from operation | 6,434.27 | 5,525.69 |
| Profit After Tax (PAT) | 362.12 | 187.34 |
| EBITDA | 594.62 | 338.81 |
| EBITDA Margin in % | 9.37 | 6.13 |
| EPS | 3.48 | 1.80 |
Know before investing
Strengths
3The company has future plans to install a new manufacturing unit and expand its product base.
They are exploring new geographical markets to expand their global footprint.
The company is leveraging technology to improve operational efficiency and quality assurance.
Risks
3There are legal cases pending against the company which might impact its future business.
Losing top customers can be a blow to the company’s business and impact future profitability.
The company may face losses in the future if there is a shortage or inadequate supply of raw materials or fluctuation in raw material prices.
- How to Apply in IPO
- How to Check IPO Allotment Status
Login to Angel One App / Website & click on IPO
Select desired IPO & tap on "Apply"
Enter UPI ID, set quantity/price & submit
Accept mandate on the UPI app to complete the process
Srivasavi Adhesive Tapes IPO FAQs
What is the Srivasavi Adhesive Tapes Ltd. IPO?
When will Srivasavi Adhesive Tapes Ltd. IPO allotment be available?
What will be the Srivasavi Adhesive Tapes Ltd. IPO lot size?
When will Srivasavi Adhesive Tapes Ltd. IPO open for subscription?
What minimum lot size can retail investors subscribe to?
When will Srivasavi Adhesive Tapes Ltd. list on exchanges?
How to check the allotment status of Srivasavi Adhesive Tapes Ltd. IPO?
What would be the listing gains on the Srivasavi Adhesive Tapes Ltd. IPO?
I have finished the application process for Srivasavi Adhesive Tapes Ltd. IPO, but the funds are not yet debited. What is the reason?
How to approve the UPI mandate request for Srivasavi Adhesive Tapes Ltd. IPO?
Can I submit more than one application for the public issue of Srivasavi Adhesive Tapes Ltd. using one PAN?
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