Srivasavi Adhesive Tapes Limited

Offer PeriodFeb 23, 2023 – Feb 28, 2023

NSE - SMEListed

Listed Price

₹40.00

-2.44%

Price Band₹41 - ₹41

Lot Size3,000 Shares

Allotment DateMar 03, 2023

Listing DateMar 09, 2023

Subscription7.69 Times

Issue Size₹15.50 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹2.5
(6.10%)

Premium (ELP)

Srivasavi Adhesive Tapes Limited's successfully transitioned to public market status with its listing on NSE on Mar 09, 2023. The IPO mobilized 37,80,000 Shares in cumulative capital, including 37,80,000 Shares for corporate expansion.

The public offering was conducted within the price parameters of ₹41 to ₹41, with minimum investment lots of 3000 shares. subscription activity between Feb 23, 2023 and Feb 28, 2023 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on Mar 03, 2023, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

Srivasavi Adhesive IPO Details

IPO Date

Feb 23, 2023 to Feb 28, 2023

Allotment Date

Mar 03, 2023

List Date

Mar 09, 2023

Lot Size

3,000 share

Issue Price

₹41 - ₹41

Issue Size

37,80,000 (aggregating up to 15.50 Cr)

Fresh Issue

37,80,000 (aggregating up to 15.50 Cr)

Offer For Sale

Listing At

NSE

Share Holding Pre-Issue

1,03,94,166

Share Holding Post-Issue

1,41,74,166

Market Marker Portion

1,92,000

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	3000	1,23,000
HNI	2	6000	2,46,000

IPO Reservation

Shares37,80,000

Market Maker

5.08%(1,92,000)

NII (HNI)

47.46%(17,94,000)

RETAIL

47.46%(17,94,000)

Total

100.00%(37,80,000)

Srivasavi Adhesive IPO Key Performance Indicators

KPI	Values

KPI	Values
EPS	0
ROE	0
ROCE	0
RONW	0
PRE IPO(PE)	16.08
POST IPO(PE)	0

Company Financials (In Lakhs)

Period Ended	Mar 2020	Mar 2021	Mar 2022	Sep 2022

Period Ended	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Assets	2,038.86	2,263.66	2,763.35	3,051.98
Revenue	4,634.50	5,566.61	6,392.19	3,072.61
Net Worth	494.07	681.41	1,043.53	1,224.25
Total borrowing	572.93	395.02	607.08	600.06
Profit after tax	101.13	187.34	362.12	180.73
Reserves and Surpluses	369.34	556.68	918.80	184.84

Srivasavi Adhesive IPO About Company

Incorporated in 2010, Srivasavi Adhesive Tapes Limited is an ISO 9001:2015 certified company by TUV Nord, engaged in the manufacturing, coating, converting, and die-cutting of industrial specialty self-adhesive tapes. The company offers customized die cuts of films, foams, and related products catering to diverse industries such as automotive, aerospace, electronics, defence, FMCG, and renewable energy. Its wide product range includes pressure-sensitive, BOPP, eco-friendly paper, filament, double-sided, masking, and surface protection tapes. Srivasavi operates through two divisions — domestic and exports — with a presence in 23 Indian states and international markets including the USA, France, Egypt, Australia, and the UAE.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Srivasavi Adhesive IPO Strength Factors

⚠️Srivasavi Adhesive IPO Risk Factors

🏦Srivasavi Adhesive IPO Lead Manager(s)

Shreni Shares Limited

👤Srivasavi Adhesive IPO Promoter(s)

D N Anilkumara
Ashwini DA

🏢Srivasavi Adhesive IPO Company Details

Srivasavi Adhesive Tapes Limited

Email:investors@vasavitapes.com

Phone:08023629383

Website:http://www.vasavitapes.com/

address:No. B 100, KSSIDC Industrial Estate, Doddaballapura, Bangalore 561 203

📋Srivasavi Adhesive IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:http://www.bigshareonline.com

❓Srivasavi Adhesive IPO FAQs

Srivasavi Adhesive IPO is a main-board IPO of 37,80,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹41 - ₹41 per share. The minimum order quantity is .The IPO opens on Feb 23, 2023, and closes on Feb 28, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE.

Zerodha customers can apply online in Srivasavi Adhesive IPO using UPI as a payment gateway. Zerodha customers can apply in Srivasavi Adhesive IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Srivasavi Adhesive IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Srivasavi Adhesive IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Srivasavi Adhesive IPO opens on Feb 23, 2023 and closes on Feb 28, 2023.

You can apply in Srivasavi Adhesive IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Srivasavi Adhesive IPO will be done on Mar 03, 2023, and the allotted shares will be credited to your demat account by Mar 03, 2023

Srivasavi Adhesive IPO's listing date is Mar 09, 2023.

Srivasavi Adhesive Tapes Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹2.5(6.10%)

Premium (ELP)

₹2.5
(6.10%)