Shree Ram Protiens IPO is all about to make its debut on 23 Jan 2018 with issue size of INR 19.90 Cr
Shree Ram Proteins Ltd., an organisation situated in Rajkot, Gujarat, was founded in 2008 and specialises in the mechanical de-linting and de-hulling of cotton seeds as well as the extraction of oil from cotton seeds, powdered nuts, and oil cake using solvents. Cotton linters are frequently utilised in the production of paper and as a raw ingredient for the production of cellulose. Animal meals include cotton hull, cotton seeds with the oil removed, and cotton seeds without the oil. Cotton seed pre-refined oil is then processed further in a refinery to create edible oil.
.Three steps make up the production process for the company:
1. Cotton seeds are de-linted and de-hulled, which produces shot fibre (linter) and de-linted cotton seeds.
2. Cotton seed oil cake and pre-refined cotton seed oil are the products of the cotton seed oil extraction process. and
3. The cotton seeds cake from the solvent extraction process is pre-washed oil.
Industry Overview
India’s food business is expanding rapidly and playing a vital role in the global food trade. The sector has become a high-growth and high-profit business due to its enormous potential for value addition, particularly in the food processing industry. The food sector is now valued at US$39.71 billion, and by 2018, it is projected to increase at a CAGR of 11% to reach US$65.4 billion. By accepting requests for joint ventures, international partnerships, and export-oriented divisions, the Indian government has significantly contributed to stimulating investments in the sector. Macro- and micro-level analyses of the food processing industry are necessary, with a focus on the manufacturing sector and its numerous sub-classes and products.
Shree Ram Protiens IPO Details
| IPO Date | Jan 23, 2018 to Jan 25, 2018 |
| Listing Date | Feb 5, 2018 |
| Face Value | ₹10 per share |
| Price | ₹27 to ₹31 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 6,420,000 shares(aggregating up to ₹19.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Company Financials
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenue | 116.1 | 157.5 | 174.7 | 183.6 | 157.8 | 48.7 |
| Total expenses | 116.5 | 156.4 | 173.5 | 182.8 | 156.8 | 48.2 |
| Profit after tax | -0.6 | 1.3 | 1.4 | 0.5 | 0.7 | 0.4 |
Objects of the Issue
The issues at hand are:
1) financing the company’s need for operating cash
2) general business objectives.
Shree Ram Protiens IPO Prospectus
Company Contact Information
Shree Ram Protiens Ltd
Imperial Heights Tower B,
Off. No.B 206 150 Ft Ring Road,
Rajkot – 360005
Phone: 91-0281-2581152
Email: info@shreeramproteinsns.com
Website: http://www.shreeramproteins.com
Shree Ram Protiens IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: srpl.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Shree Ram Protiens IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
