Servalakshmi Paper Ltd IPO (Servalakshmi IPO) Detail

Apr 27, 2011 - Apr 29, 2011

Incorporated in 2005, Servalakshmi Paper Limited engaged in the business of manufacturing Printing & Writing Paper and Newsprint. Companys production unit situated at Kodaganallur Village, Tirunelveli district, Tamil Nadu with total installed production capacity of 90,000 MTPA. In printing and writing segment, they produce coated, uncoated, copier, cream wove, SS Maplitho, computer stationary and text/note book papers.

Company's major clients are Times VPL Limited (Times Group), The Hindu Daily, Dinamalar, Kerala Kaumudi Pvt Ltd, The Printers Mysore Pvt Ltd (Deccan Herald), Sakal Papers Ltd, Deshabhimani Daily, Rashtra Deepika Ltd, Metro Vartha, Perfect Systems and Services, Manipal Press Ltd, Vimala Note Book, Rajhans Enterprises and Veer Pack Industries.

Clients in the export market include Saifi Trading, Colombo, Sri Lanka, Jupiter Trading Company, Sri Lanka, Vital Solutions PTE Limited, Singapore, New Thought Investments Pvt Ltd, Harare, Zimbabwe, 5. Raccolta, Molnar & Greiner GmbH, Vienna, Austria, Dinowic PTE Limited, Singapore, Paper World Wide, Dubai, UAE.

Company Promoters:

Mr. R. Ramswamy (Age: 70 years) - Chairman and Managing Director of the company.

Objects of the Issue:

The Object of the issue are:

1. Purchase of equipments for value added products;
2. Long term working capital requirement;
3. Preliminary & Pre Operative Expenses including expenses for IPO.

Servalakshmi IPO Details

IPO Opening DateApr 27, 2011
IPO Closing DateApr 29, 2011
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹27 to ₹29 per equity share
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE, NSE
Issue Size20,689,655 Eq Shares of ₹10
(aggregating up to ₹60.00 Cr)

Servalakshmi IPO Lot Size

The Servalakshmi IPO market lot size is 200 shares. A retail-individual investor can apply for up to 34 lots (6800 shares or ₹197,200).

ApplicationLotsSharesAmount (Cut-off)
Minimum1200₹5,800
Maximum346800₹197,200

Servalakshmi Paper Ltd IPO Grading

ICRA has assigned an IPO Grade 2 to Servalakshmi Paper Ltd IPO. This means as per ICRA, company has 'Below 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 Servalakshmi Paper IPO Grading Report

Servalakshmi Paper Ltd IPO Tags:

Servalakshmi Paper IPO, Servalakshmi Paper Ltd IPO, Servalakshmi Paper IPO Bidding, Servalakshmi Paper IPO Allotment Status, Servalakshmi Paper IPO drhp and Servalakshmi Paper IPO listing.

Servalakshmi IPO Subscription Status (Bidding Detail)

The Servalakshmi IPO is subscribed 1.47x times on Apr 29, 2011 17:30. The public issue subscribed 1.90x in the retail category, 0.34x in the QIB category, and 4.21x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

0.34x

NII

4.21x

RII

1.90x

Total

1.47x

Servalakshmi IPO Prospectus

Servalakshmi IPO Rating

221
3.6
Rating:Rated 3.6 stars

Vote Here ...

Servalakshmi IPO Listing Date

Listing DateThursday, May 12, 2011
BSE Script Code533401
NSE SymbolSERVALL
Listing InB
ISININE431L01016
IPO Price₹29 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹29.00
₹30.00
₹17.30
₹48.75
₹19.00
121,857,744
NSE
₹29.00
₹29.00
₹17.70
₹48.70
₹19.05
147,017,375

Servalakshmi IPO Reviews / Ratings

Company Contact Information

Servalakshmi Paper Ltd
31 (Old no. 10-Z),
Bharathi Park 7th Cross, Saibaba Colony,
Coimbatore 641 011

Phone: 0422 4333344
Email: sppl@servalakshmi.in
Website: http://www.servalakshmi.in

Servalakshmi IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: spl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Servalakshmi IPO FAQs

  1. What is Servalakshmi IPO?

    Servalakshmi IPO is a main-board IPO of 20,689,655 equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹27 to ₹29 per equity share. The minimum order quantity is 200 Shares.

    The IPO opens on Apr 27, 2011, and closes on Apr 29, 2011.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Servalakshmi IPO will open?

    The Servalakshmi IPO opens on Apr 27, 2011 and closes on Apr 29, 2011.

  3. What is the lot size of Servalakshmi IPO?

    Servalakshmi IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.

  4. How to apply for Servalakshmi IPO?

    You can apply in Servalakshmi 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Servalakshmi IPO allotment?

    The finalization of Basis of Allotment for Servalakshmi IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Servalakshmi IPO allotment status.

  6. When is Servalakshmi IPO listing date?

    The Servalakshmi IPO listing date is on Thursday, May 12, 2011.

Servalakshmi IPO Message Board

Ranked Members  Ranked Members

Loading...
189. Rupesh Jain |Jun 1, 2011 13:22
why SPL prices are soaring down. Will it recover again or will take long time.
188. MUNDRATHI RAMU |May 19, 2011 23:46
dear vishal R @179

Where do u get the information. Please let me know..
187. IPO/STOCK GURO |May 18, 2011 10:41
Pramoters nay ak baar Lead managers kay sath mil kar apna ipo subscribe karkay retailes ko pasa liya uskay baad share bhaad may jai uska kiya, samjhay sebi bacha.
186. Gapoo |May 13, 2011 12:18
hello ravi, sridhar
thanks for your comments, however, one thing i would like to mention that I do not invest in these types of issues but i try to educate all the investor community not to get carried away with these types of issues and operators game.

Yes i fully agree with you that everyone here want to earn profit and want to taste success, but here border blindly follows your advices and Sridhar advices, earlier SJ was giving all such kinds of advices but people lost heavily because of SJ (SKS Microfinance) and allied advices now somewhat mixed trend has been started by SRIDHAR and i am not being judgemental but looking at people blindly followed SRIDHAR advices alarmed ?

Plese keep on the good work u r doing because I know U r one of the gem of this fourmn ravi, I appreciate keep on good work, and let the people englighten with your thoughts...........
185. Ravi, Bangalore |May 13, 2011 12:09
Top Contributor Top Contributor (300+ Posts)
169. Gapoo

As investor, first lesson we must learn is stop blaming others for our losses. This is stock market. FIIs, MFs, Hedge Funds & even Regulator are here to make money.

If you are investor, you should not invest in such type of IPOs at all. If you are trader, you should have some system to buy / sell & exit with minimum loss.

There is no use of writing to SEBI. SEBI knows more than us & they are corrupt. We need to blame ourselves for losses.
184. G S |May 13, 2011 08:37
Yesterday it was a good roller coaster. Immediately after listing it Servalakshmi went down so I sold it for 27.9. After half an hour, the trend had started reversing, so I bought it at 29.8. Then it went up to 48. And started coming down, so I sold it at 44.9. Again, when I checked the price at 3.00 it was hovering around 17. So decided to cover and purchased at 18.75. I was a lucky day for me and made a cool profit of 22K. Thought of taking a ride along with the operators and succeeded.
183. Santosh. |May 12, 2011 23:45
stiffknot thanks for ur reply...
182. P K Singh |May 12, 2011 22:23
Made proffit of rs 32000 by sell 2000 share @ 45. Cheers
181. Vishal R |May 12, 2011 20:44
from my previous post,

it seems like hemantlal ratilal shah was doing charity today!
180. Vishal R |May 12, 2011 20:26
Look at the figure below, who lost how much & who gained how much..

Losers

ANGEL INFIN PRIVATE LIMITED      -23,044
DHANRAJ SHARADCHANDRA SHAH      -105,000
DIPA SHI TALBHAI CHOKSHI      -201,450
DIPIKA RAKESH SHAH      -101,257
HEMANT RATILAL SHAH      -53,243,646
KAILESH ARVIND SHAH HUF      -7,160,000
NAVEEN GUPTA      -2,428
R M SHARES TRADING PRIVATE LIMITED      -369,914
RAMAKANT MANGALCHAND GAGGAR      -730,209
RAMKRIPA SECURITIES PVT LTD      -3,460,000
SANGEETKUMAR HISARIA HUF      -2,556,000
SHREE AERAN MARKETING PRIVATE LIMITED      -494,699
SIDHISHREE TRADECOMM PRIVATE LIMITED      -5,752,000
THINK BULL PRIVATE LIMITED      -22,017
VELOCITY REAL ESTATE PRIVATE LIMITED      -2,769,616
AASHISH CHITLANGI      -738,247
ADROIT FINANCIAL SERVICES PRIVATE LIMITED      -76,517
ASSET ALLIANCE SECURITIES PVT. LTD.      -20,930
BALAJI INVESTMENT (SHIRISH NATWARLAL DAVE)      -24,308
BCB FINANCE PRIVATE LIMITED      -16,094
CHANDARANA INTERMEDIARIES BROKERS P. LTD      -408,399
CROSSEAS CAPITAL SERVICES PVT. LTD.      -5,384,171
DEEPAK JAGDISHRAM GUPTA      -220,375
DHAN STOCK & SHARE BROKERS PVT. LTD.      -833,103
DINESH KUMAR SHARMA      -143,792
DINESH MUNJAL(HUF)      -84,480
EXCEL MERCANTILE PRIVATE LIMITED      -30,446
EXCEL STOCK BROKING PRIVATE LIMITED      -20,133
GENUINE STOCK BROKERS PVT LTD      -609,495
GHALLA BHANSALI STOCK BROKERS PRIVATE LIMITED      -14,049
GKN SECURITIES      -217,130
HEMANT RATILAL SHAH      -45,485,834
HORNIC INVESTMENT PVT. LTD.      -7,897
JAI SIYARAM COMMODITY TRADING PVT. LTD.      -4,224,000
KAILESH ARVIND SHAH HUF      -4,887,500

GAINERS


A K G SECURITIES AND CONSULTANCY LTD      133,379
A K G STOCK BROKERS PRIVATE LIMITED      241,794
AMIT MANILAL GALA      36,716
ASHISH MUKUNDRAO KHANDEKAR      701,800
ASSET ALLIANCE SECURITIES PVT. LTD      674,586
BELA PROPERTIES PVT LTD      6,411,594
BHOGILAL VITHALJI BHANSHALI      19,758
BIHARILAL MANDHANA      824,890
BLUE PEACO CK SECURITIES PVT LT      1,809,203
BP FINTRADE PRIVATE LIMITED      31,992
CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED      635,792
CROSSEAS CAPITAL SERVICES PRIVATE LIMITED      6,040,833
DHAN STOCK AND SHARE BROKERS PVT LTD.      1,131,923
DINESH N SHAH HUF      207,001
DYNAMIC EQUITIES PRIVATE LIMITED      52,713
EUREKA STOCK & SHARE BROKING SERVICES LTD      265,023
GASPAR GABRIEL SERRAO      2,525,766
GENUINE STOCK BROKERS PVT. LTD.      886,918
GKN SECURITIES      593,799
JAYANTILAL H GAN DHI      955,926
JMP SECURITIES PVT LTD      737,743
KALASH SHARES AND SECURITIES PRIVATE LIMITED      209,172
M/S. RIKHAV INVESTMENTS      72,956
MANISH MANDHANA      1,786,608
MANSUKH SECURITIES & FINANCE LTD      225,573
MARWADI SHARES AND FINANCE LIMITED      234,614
MILKWAY MERCANTILES PRIVATE LIMITED      64,608
MILLENNIUM STOCK BROKING PVT LTD      25,254
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED      78,036
Naman Securities & Finance Pvt. Ltd.      930,636
PRADIP NATHALAL SHAH (HUF)      158,922
PRADIP NATHALAL SHAH (HUF)      546,000
PRIYAVRAT PURUSHOTTAM MANDHANA      681,932
Purshottam Chhagan Mandhana      2,274,052
PURSHOTTAM MANDHANA      1,860,158
RAVI INDRAKUMAR GUPTA      7,196,000
RUPA PRADIP SHAH      13,104,650
SHRADDHA KEDIA      134,420
SYKES AND RAY EQUITIES (INDIA) LIMITED      3,244,673
TANSENBHAI THAKORLAL SONI      2,995,000
TRANSGLOBAL SECURITIES LTD.      510,562
VASANTI SHARE BROKAERS LTD      232,669
VIJETA BROKING INDIA PRIVATE LIMITED      625,611
VISHESH CAPITAL PVT LTD      95,992
AJAY      37,644
ALIVE CONSULTANTS ALIVE      33,886
AMIT SWARUPCHAND KORADIA      24,000
ANGEL GLOBAL CAPITAL PRIVATE LIMITED      22,654
ASHWIN STOCKS AND INVESTMENT PRIVATE LIMITED      276,294
B M TRADERS      41,297
BAKORI RASHMINBHAI HARIDASBHAI      20,319
BELA PROPERTIES PVT LTD      3,432,000
BLUE PEAC OCK SECURITIES PVT LT      987,782
BP FINTRADE PRIVATE LIMITED      54,391
C D INTEGRATED SERVICES LTD.      72,029
CPR CAPITAL SERVICES LTD.      4,238
DEEPAK SHANTILAL CHHEDA      14,720
DHANRAJ SHARDCHANDRA SHAH      165,000
DHYAN SECURITIES PVT LTD      19,901
DIPIKA RAKESH SHAH      5,331,044
G JYOTHI      34,021
HARBUX SINGH SIDHU      82,236
JMP SECURITIES PVT LTD      32,718


DELIVERED


FORTUNE CAPITAL HOLDING PVT LTD      -28,143,890        S
INDIA FOCUS CARDINAL FUND      -39,238,240        S
MANDHANA INDUSTRIES LIMITED      28,973,408        B
SWATI RAJESH SHAH      20,800,576        B
SWATI RAJESH SHAH      12,024,000        B
ANJU SARAOGI      -13,412,370       SELL
BANK OF INDIA      -10,092,296       SELL
INDIAN OVERSEAS BANK      -10,360,000       SELL
KHANDWALA TRADELINK CO      9,827,446       BUY
179. IPO/STOCK GURO |May 12, 2011 20:16
ak game ho gaya 4300 ka profit secondary market may uskay baad company Bhaad may jai.
178. Rasmi's Beuro |May 12, 2011 20:06
Once again my pradection on Servalakshmi Paper comes true.
I m shorted 750 share @43 and buy it @31.50 get nearly 8600 profit.
I thought operator play big game in this IPO ang also get succed. So all the retail investor be aware of HNI......all the best for future IPO
177. stiffknot |May 12, 2011 19:43
Santosh, Sharekhan allowed to me short Servalakshmi today. I did a couple of times today.
176. Santosh. |May 12, 2011 19:08
Swati B congrats 4 profit booking ... which trading a/c u r used...it allows short selling or not ... please inform me my iifl ac dont allow short selling of z category stock
175. Venky IPO |May 12, 2011 18:36
Yet another Indigeneous Plundering Organization offering. Pity the poor retail investors who lost money today. It is all too easy to blame self greed for being willingly taken for a ride and losing your shirt, but I wonder what the SEBI and this useless Government are doing about IPO when it is OUTRAGEOUSLY OBVIOUS that 95% IPO offerings are OPERATOR MANIPULATED CHEATING. I again reiterate my point, in Indian markets, there are way too many companies who are out to swindle the gullible investors. The system will only sit and watch your agony. Please restrict yourself to select trusted companies/stocks which have a proper track record. There might be a satyam like tsunami once in a while, but still your majority of Portfolio will remain solid even in a fluctuating market like we have in 2010-11.
174. AjayIndian |May 12, 2011 16:46
Hi All,

Apne jaan-maal ki raksha swayam karen. Kripya SEBI ke bharose mein na rahen. Nobody is snatching money from you. When you make some profit then no hue and cry. But when have loss start crying that sebi is not doing anything.
Tell me after coal india, all ipos were mostly driven by operator and pepole made money. Everybody happy. Now somebody is trapped then put blame on sebi.

In standard 4th, story was about greedy dog having one bread in his mouth and for getting the another bread, dog jumped into river and lost the bread.

Same situation is of all these people who are crying over foul play.
We all know that there will be operator game, then why do you invest in these ipos.

Ab bhugto.
JAISI KARNI WAISI BHARNI
173. AjayIndian |May 12, 2011 16:45
Hi All,
Apne jaan-maal ki raksha swayam karen. Kripya SEBI ke bharose mein na rahen. Nobody is snatching money from you. When you make some profit then no hue and cry. But when have loss start crying that sebi is not doing anything.
Tell me after coal india, all ipos were mostly driven by operator and pepole made money. Everybody happy. Now somebody is trapped then put blame on sebi.

In standard 4th, story was about greedy dog having one bread in his mouth and for getting the another bread, dog jumped into river and lost the bread.

Same situation is of all these people who are crying over foul play.
We all know that there will be operator game, then why do you invest in these ipos.

Ab bhugto.
JAISI KARNI WAISI BHARNI
172. Gapoo |May 12, 2011 16:43
hello again there thanks for your support, u r not supporting me but yourself only.........

talked to SEBI official on phone, they say they are watching the things closely, will take action only when any norms is breached, it means no one will take action because no norms was breached......

hope anything will happens to stop this menace.......

it is open gambling...........why do not they just open Casino....

investors are playing in the hands of investors and above all Regulator SEBI doing nothing...............

what will u do..............
171. Jigar K Shah |May 12, 2011 16:37
Best Thing which we can do is not to suscribe this kind of IPOs and teach them a lesson.

Jigar K Shah May 09, 2011 5:12:53 PM IST | Like | Report Abuse

Jigar K Shah's - IPO Recommendations, IPO Comments, Public Profile

Paramount Printpackaging Ltd IPO
@ SkDash,

I too exited @ 35.90 for some of my portfoilo and still holding some nominal amt.However I am not saying because i have fear of loosing money but because as an investor to teach such companies a lesson when govt. is not doing anything, we have only option left - NOT TO APPLY. Our griddyness makes them more powerful and more such IPOs are coming.

And here question is not that I gain or loose? If I exited @ 35.90 ,some other person has bought at the same time. Now instead of me, that person is suffering losses. So to stop such cheating with public WE SHOULD JOIN together and OPPOSE such issues by NOT SUBSCRIBING.
170. Golmaal |May 12, 2011 16:24
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Nobody can change the system. It is totally rotten. Best thing u can do is you have to decide whether to stay or go away. That is only solution. Looking at some of recently listed IPOs, it is good to say GOODBYE and leave the IPO Market. If can give away with your PEACE OF MIND, GOODNIGHT SLEEP and risk taking ability, then this IPO market is for you. That's all I can see, I have seen many people raise HUE and CRY, but nothing works. SEBI is hand-in-hand with these guys. There is nothing AAM AADMI can do about it.







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