Exchanges
BSE, NSE
Industry
Residential, Commercial Projects
Issue
Book building

Shriram Properties IPO

₹99.60

−15.59% on listing

Listing-day close · NSE · 20 Dec 2021 · issue price ₹118

Shriram Properties’ ₹600 crore IPO was priced at ₹118 a share. It listed on the NSE on 20 Dec 2021 and closed its first day at ₹99.60, down 15.59% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹600 Cr
Fresh issue
₹250 Cr
Offer for sale
₹350 Cr
Lot size
125 shares
Minimum investment
₹14,750
Face value
₹10
Registrar
Kfin Technologies

Subscription

Shriram Properties IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.20×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,002 Cr
Promoter holding
32.00% → 28.00%

From the offer documents.

Listing

Listing date
20 Dec 2021
Issue price
₹118
Open
₹90.00
High
₹106.40
Low
₹90.00
Close
₹99.60

Listing day on the NSE. The close was −15.59% on the issue price.

SHRIRAMPPS share price today

FAQs

When did the Shriram Properties IPO open and close?

It opened on 8 Dec 2021 and closed on 10 Dec 2021.

What was the Shriram Properties IPO price?

The price band was ₹113–118 a share. The final issue price was ₹118.

What is the lot size and minimum investment?

One lot is 125 shares, ₹14,750 at ₹118 a share. Retail investors apply in whole lots.

How much did Shriram Properties raise?

₹600 crore: ₹250 crore of new shares and ₹350 crore offered by existing shareholders.

How many times was the Shriram Properties IPO subscribed?

2.20 times overall.

How did Shriram Properties list?

It listed on the NSE on 20 Dec 2021 at ₹90.00 and closed the day at ₹99.60, down 15.59% on the ₹118 issue price.

Who is the registrar of the Shriram Properties IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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