| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹15.50 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹15.50 Cr |
| Fresh Issue | ₹14.71 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน41.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SRIVASAVI |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Shreni Shares Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2010, Srivasavi Adhesive Tapes Limited is engaged in manufacturing, coating, converting, and Die cuts of industrial Specialty self-adhesive tapes. Srivasavi is an ISO 9001:2015 certified company certified by TUV Nord.
Srivasavi Adhesive Tapes Limited customized die cuts of Films, Foams, and allied products. It caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries.
The company serves its customers with a wide range of pressure-sensitive adhesive tapes, BOPP tapes, Eco-Friendly paper Tapes, Filament tapes, Double Side tapes, Packaging tapes, Specialty Protection tapes, Surface Protection tapes, Masking tapes, Specialty Foams/ Films.
Srivasavi Adhesive widely has two business divisions
The company has a presence in 23 states in the domestic market base. And Internationally they supply products in including Egypt, United State of America, France, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Indonesia, Sri Lanka, and UAE based on sales made for the period ended September 30, 2022.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding working capital requirements | 10.84 |
| 2 | General Corporate Purpose | 3.10 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 30.52 | 27.63 | 22.64 | 20.39 |
| Total Income | 30.73 | 63.92 | 55.67 | 46.35 |
| Profit After Tax | 1.81 | 3.62 | 1.87 | 1.01 |
| NET Worth | 12.24 | 10.44 | 6.81 | 4.94 |
| Reserves and Surplus | 1.85 | 9.19 | 5.57 | 3.69 |
| Total Borrowing | 6.00 | 6.07 | 3.95 | 5.73 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 41.99% |
| ROCE | 52.29% |
| Debt / Equity | 0.58% |
| RoNW | 34.7% |
| PAT Margin | 5.71% |
| EBITDA Margin | 9.37% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.48 | |
| P/E (x) | 16.08 | |
| Promoter Holding | 99.84% | 73.21% |
| Market Cap | โน58.11 Cr. | |