Shree Ram Proteins IPO

Shree Ram Proteins IPOBusiness description - Shree Ram Proteins is engaged in the business of de-linting and de-hulling of cotton seeds by mechanical process, oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts. The company’s  manufacturing process is in three stages (I) De-linting and de-hulling of Cotton seeds, this process results in manufacture of shot fiber (linter), and De-linted cotton Seeds (II) Cotton seeds oil extraction process results in pre refine cotton seeds oil and cotton seeds oil cake and (III) Solvent extraction process, results in pre refine wash oil and de-oil cotton seeds cake.

Cotton linter can be use in manufacturing of papers and as raw materials for manufacture of cellulose, this can be further process for medical and cosmetic purpose, linter can be broadly classified as a industrial raw materials. Cotton seeds oil cake, cotton seeds de oil cake and cotton hull are used as animal feeds. Cotton seed pre refine oil further process by refinery to convert in to edible oil.

The company’s manufacturing facility is situated at Survey No.54 P, At- Bhunava, Rajkot- Gondal Highway, Dist. Rajkot. The Registered office of the Company is situated at Imperial Heights Tower- B, Second Floor, and office No. B- 206, 150ft Ring Road, Opposite Big Bazar, Rajkot-36005, Gujarat.

Promoters of Shree Ram Proteins – Lavjibhai Valjibhai Savaliya and Lalitkumar Chandhulal Vasoya
Shree Ram Proteins IPO details
Subscription Dates23 - 25 January 2018
IPO Price bandINR27 - 31 per share
Fresh issue 6,420,000 shares (INR17.33 - 19.90 crore)
Offer for sale Nil
Total IPO size6,420,000 shares (INR17.33 - 19.90 crore)
Minimum bid (lot size)4,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Use of funds
  • Working Capital Requirements - INR15 crore
  • General Corporate Expenses 
Shree Ram Proteins' financial performance (in INR crore)
 FY2013FY2014FY2015FY2016FY2017H1 FY2018
Total revenue116.1157.5174.7183.6157.848.7
Total expenses116.5156.4173.5182.8156.848.2
Profit after tax-0.61.31.40.50.70.4

Shree Ram Proteins Contact Details

Shree Ram Proteins Limited
Imperial Heights Tower-B, Second Floor, Office No. B-206, 
150 Ft Ring Road, Opp Big Bazar 
Rajkot, Gujarat 360005

Phone: +91 0281 2581 152
Email: [email protected] shreeramproteins.com
Website: www.shreeramproteins.com

Shree Ram Proteins IPO Subscription Details

DaySubscription (no. of times)
Day 10.62
Day 21.54
Day 34.57
  
  

Shree Ram Proteins Valuation (Latest FY)

Earnings Per Share (EPS): INR0.44

Price/Earnings (P/E) ratio: 61.36 - 70.45

Return on Net Worth (RONW): 3.43%

Net Asset Value (NAV): INR12.96 per share

Registrar of Shree Ram Proteins IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Shree Ram Proteins IPO Allotment Status

Shree Ram Proteins IPO allotment status is now available on Link Intime's website. Click on this link to get allotment status.

Listing performance of Shree Ram Proteins

IPO Opening Date: 23 January 2018

IPO Closing Date: 25 January 2018

Finalisation of Basis of Allotment: 31 January 2018

Initiation of refunds: 1 February 2018

Transfer of shares to demat accounts: 2 February 2018

Listing Date: 5 February 2018

Listing Price on NSE SME: INR28.95 per share (down 6.61% from IPO price)

Closing Price on NSE SME: INR32.55 per share (up 5% from IPO price)

2 thoughts on “Shree Ram Proteins IPO

  • February 1, 2018 at 8:02 PM
    Permalink

    Dear Mr. Paranjape,
    What do you thing other’s company IPO’s price band is correct ??
    What they declare profit it will genuine ?? Mostly all multi bigger companies are making plant to prepare balance sheet before 05 years to attract investor….. you can see best example of SUZLON……..and check today’s market price…..

    Sometime small company give big benifit which we can’t ignore …..

    Reply
  • January 23, 2018 at 11:29 AM
    Permalink

    This is purely Aoid. Not a good business and not good profits. Not even 1 crore profit but they want 20 crore from investors!!

    Reply

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