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Open
6 Jul 2017
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Close
10 Jul 2017
3
Allotment
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Listing
Tue, Jul 18, 2017
Price Band
₹40 per share
Issue Size
54,00,000 shares (agg. up to ₹22 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Jul 18, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.09x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 144.64 | 113.41 | 80.24 |
| Total Income | 428.09 | 329.47 | 265.86 |
| Profit After Tax | 4.19 | 2.94 | 1.03 |
| NET Worth | 27.82 | 23.63 | 8.09 |
| Reserves and Surplus | 12.82 | 8.63 | 2.09 |
| Total Borrowing | 87.45 | 61.33 | 59.48 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 15.75 |
| 2 | General corporate purposes | 4.85 |
About Shrenik IPO
Incorporated in 2012, Shrenik Ltd is (SL) primarily engaged in the business of trading of different types of papers in Gujarat and Rajasthan through distribution channel. They offers coated papers, notebook papers, photocopy papers, folding box boards, etc.The company serves customers with variety of papers like copier, maplitho, coated paper, FBB Board and a speciality paper commodity royal executive bond. Besides being a wholesaler they have also introduces its own brand “Shrenik” covering copier, sticker sheet etc. It’s customer base in Gujarat and Rajasthan is around 3000 plus. They are also a wholesaler for Tamil Nadu Newsprint and Papers Ltd in Gujarat and for Asia Pulp in Gujarat and Rajasthan. Its sticker sheets are used in soap and pharma industries, and stationary business.+ Read More
Contact Details
Shrenik Ltd. AddressD/87, Nava Anaj BazarOpp.Anupam CinemaKhokharaAhmedabad, Gujarat, 380008079-22931502cs@shrenik.co.inVisit Website