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SRS IPO is a book built issue of Rs 203.00 crores.
SRS IPO bidding started from August 23, 2011 and ended on August 26, 2011. The shares got listed on BSE, NSE on September 16, 2011.
SRS IPO price band is set at ₹58 to ₹65 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹6,500.
Idbi Capital Market Services Limited, Karvy Investor Services Limited and Spa Capital Advisors Ltd are the book running lead managers of the SRS IPO, while Beetal Financial & Computer Services (P) Limited is the registrar for the issue.
Refer to SRS IPO DRHP for detailed information.
| IPO Date | August 23, 2011 to August 26, 2011 |
| Listing Date | September 16, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹58 to ₹65 per share |
| Lot Size | 100 Shares |
| Total Issue Size | 35,000,000 shares (aggregating up to ₹203.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
SRS IPO offers 35,000,000 shares. 17,500,000 (50.00%) to QIB, 5,250,000 (15.00%) to NII, 12,250,000 (35.00%) to RII. 122,500 RIIs will receive minimum 100 shares and (sNII) and (bNII) will receive minimum 3,100 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 17,500,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 5,250,000 (15.00%) | |
| Retail Shares Offered | 12,250,000 (35.00%) | 122,500 |
| Total Shares Offered | 35,000,000 (100%) |
Investors can bid for a minimum of 100 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹6,500 |
| Retail (Max) | 30 | 3000 | ₹195,000 |
| Lot Size Calculator | |||
Incorporated in 2000, SRS Limited is engaged in the business of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations.
Company operates 23 SRS Value Bazaar retail stores, 15 food courts and 30 cinema screens in North India. The company also operates five jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi.
SRS Cinemas is the cinema exhibition brand under which the Company operates a chain of cinemas spread across six cities. This includes 11 properties at strategic locations having 30 screens and 7,608 seats. The food courts are run under the SRS 7dayz and Punjabi Haandi brands and currently, the Company operates 15 food courts across North and Central India. The Company operates a chain of retail stores under the brand name of SRS Value Bazaar that offer FMCG products. SRS Fashion Wear is the other brand under which the Company retails multi-brand apparels. Company has 23 retail stores in North India. They also sell a wide range of gold and diamond jewellery under the brand name of SRS Jewells.
| Particulars | For the year/period ended (in Rs. Million) | ||||
| 31-Mar-11 | 31-Mar-10 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | |
| Total Income | 20,775.34 | 13,298.62 | 5,144.58 | 1,877.95 | 595.55 |
| Profit After Tax (PAT) | 373.88 | 261.57 | 55.91 | 104.75 | 101.11 |
The objects of this Public Issue are to raise funds for:
1. Setting up of cinemas;
2. Setting up of food courts and restaurants;
3. Setting up of retail stores;
4. Setting up of jewellery manufacturing facility and jewellery retail stores;
5. General Corporate Purposes; and
6. Issue related expenses.
The SRS IPO is subscribed 1.25 times on August 26, 2011 6:00:00 PM. The public issue subscribed 0.32 times in the retail category, 0.75 times in the QIB category, and 5.11 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 0.75 |
| NII | 5.11 |
| Retail | 0.32 |
| Total | 1.25 |
ICRA has assigned an IPO Grade 3 to SRS Limited IPO. This means as per ICRA, company has 'Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read SRS Ltd IPO Report
| Listing Date | September 16, 2011 |
| BSE Script Code | 533569 |
| NSE Symbol | SRSLTD |
| ISIN | INE219H01039 |
| Final Issue Price | ₹58 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹58.00 |
| ₹55.00 |
| ₹31.80 |
| ₹61.40 |
| ₹33.65 |
| NSE |
|---|
| ₹58.00 |
| ₹68.00 |
| ₹31.50 |
| ₹68.00 |
| ₹33.25 |
SRS Limited
SRS Multiplex,
City Centre, Sector-12
Faridabad, Haryana -121007, India
Phone: 91 129 428 2801 -808
Email: ipo@srsparivar.com
Website: http://www.srsparivar.com
Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: srs_ipo@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo
SRS IPO is a main-board IPO of 35,000,000 equity shares of the face value of ₹10 aggregating up to ₹203.00 Crores. The issue is priced at ₹58 to ₹65 per share. The minimum order quantity is 100 Shares.
The IPO opens on August 23, 2011, and closes on August 26, 2011.
Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The SRS IPO opens on August 23, 2011 and closes on August 26, 2011.
SRS IPO lot size is 100 Shares, and the minimum amount required is ₹6,500.
You can apply in SRS IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for SRS IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the SRS IPO allotment status.
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DRHP
Top Contributor (1000+ Posts, 200+ Likes)
My only point is we should avoid telling this will go to that price and that will come to this price. In third class issues no body can predict what will happen. Not to make just a joke... regarding ONGC, I am happy that Govt differed it. All speculators trapped....