Shree Ram Protiens Ltd IPO

Shree Ram Protiens Ltd

Issue Open

Jan 23, 2018

Price Band

₹ 27 - ₹ 31

Issue Size

₹ 19.90 Cr

Credit of Shares to Demat

-

Issue Close

Jan 25, 2018

Bid Lot

4000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

4000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Feb 05, 2018

Refunds

-

About the company:

Introduction: Shree Ram group is involved in the business of cotton seeds solvent extraction plant as well dealing in cotton seeds, cotton seeds oil cake, cotton processing, linter and de linter. Company’s aim is to provide  a diverse product portfolio  to meet demands of customers globally. Company uses state-of-the-art  technology and innovation for the solvent extraction process. Goal of the company is to be the global leader for cottonseed oil, cotton oil cake, cotton de oil cake and cotton linter

Date of Establishment:     Company was established in the year 2008

Product& Service Offering: Company’s products/services can be segregated into the following categories

      - Manufacturing/Processing: Cotton linter, delinted cotton seeds, cotton seeds oil cake, cotton seeds de-oil cake, pre-refine wash oil, ground nuts oil cake.

      - Trading: Cotton(kapas),cotton bales

Customer Segment: Products manufactured by the company are majorly used in paper manufacturing  and as raw materials for cellulose manufacturing

Promoters of Shree Ram Protiens Ltd:  Company is promoted by  Lavjibhai Valjibhai Savaliya  and Lalitkumar Chandhulal Vasoya

Objects of the Issue: The key objectives of the IPO issues is to meet cash requirement for day to day running of the business and for sundry corporate expenses

Company Financials:

Summary of financial Information (Consolidated)

Particulars

For the year/period ended (in Rs. million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

877.5

838.9

1040.1

723.3

538.4

 

Total Revenue

1578.0

1835.7

1746.6

1575.4

1161.1

 

Profit After Tax

6.6

5.0

13.6

12.9

-6.3

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