Shriram Properties Limited IPO
Shriram Properties Limited was a mainboard IPO in the Residential Commercial Projects sector, offered at ₹113–₹118 per share to raise ₹346 crore. The issue was subscribed 4.6× overall (QIBs 1.85×, NIIs 4.82×, retail 12.72×). It listed on 20 Dec 2021 at ₹90 and closed its first day at ₹100, a listing loss of -15.6% versus the ₹118 issue price. It now trades around ₹64 (-45.8% versus the issue price).
Frequently asked questions
- How many times was the Shriram Properties Limited IPO subscribed?
- The Shriram Properties Limited IPO was subscribed 4.6× overall — 1.85× in the QIB category, 4.82× among non-institutional investors, 12.72× in retail.
- What were the Shriram Properties Limited IPO listing gains?
- Shriram Properties Limited listed on 20 Dec 2021 at ₹90, closing its first day at ₹100 — a listing loss of -15.6% versus the ₹118 issue price.
- What were the retail allotment odds for the Shriram Properties Limited IPO?
- Retail was subscribed 12.72×, so a single-lot application had roughly a 7.9% chance of allotment (about 1 in 13), and allotment was finalised on 14 Dec 2021.
- What was the price band and lot size of the Shriram Properties Limited IPO?
- The price band was ₹113–₹118 per share, with a minimum lot of 125 shares (₹14,750 at the upper band).
- Who were the registrar and lead manager for the Shriram Properties Limited IPO?
- KFin Technologies Private Limited was the registrar, and Axis Capital was the book-running lead manager.