Sita Shree Food Products Ltd IPO (Sita Shree IPO) Detail

Mar 11, 2008 - Mar 14, 2008

Incorporated in 1997, Sita Shree Food Products Limited is in the business of wheat and pulse processing. The manufacturing unit of the Company is located in the city of Indore on approx. 2.5 acres of land which is connected with major cities like Nagpur and Ahmadabad by roads.

The product portfolio of the Company consists of Wheat Flour, Maida, Rawa, Daliya, Suji, Chana Dal etc. These products are marketed under its own brand like 'Sita Shree Regular' and 'Sita Shree Gold'. The Company now proposes to set up a solvent extraction plant, a Lecithin plant and one additional flour mill to cater to the increasing demand. The proposed project will be set up at Badiakima, Indore, just 8 km away from existing location.

Company achieved a turnover of Rs. 8074.17 lacs during the year ended on 31/03/2007. Presntly the Company is supplying its products to major players in retail industry such as Pantaloon Retail and Reliance Retail. Other clients are Satnam Overseas, Sumermal Surana Traders, Kavita Trading Company, Kishanlal and Sons, Bhavanji Thakarshi and Company, Manilal Shyamji, Shyam Marketing, Raghuram Enterprises & Sondurga Sales etc.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Meet general corporate purposes;
2. Meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges.

Sita Shree IPO Details

IPO Opening Date	Mar 11, 2008
IPO Closing Date	Mar 14, 2008
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹27 to ₹30 per equity share
Market Lot	200 Shares
Min Order Quantity	200 Shares
Listing At	BSE, NSE
Issue Size	10,500,000 Eq Shares of ₹10 (aggregating up to ₹31.50 Cr)

Sita Shree IPO Lot Size

The Sita Shree IPO market lot size is 200 shares. A retail-individual investor can apply for up to 33 lots (6600 shares or ₹198,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	200	₹6,000
Maximum	33	6600	₹198,000

Sita Shree IPO Subscription Status (Bidding Detail)

The Sita Shree IPO is subscribed 2.44x times on Mar 14, 2008 17:00. The public issue subscribed 4.13x in the retail category, 1.02x in the QIB category, and 3.25x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	2.44x

Sita Shree IPO Prospectus

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Sita Shree IPO Rating

213

3.4

Rating:

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Sita Shree IPO Listing Date

Listing Date	Monday, April 7, 2008
BSE Script Code	532961
NSE Symbol	SITASHREE
Listing In	B
ISIN	INE686I01011
IPO Price	₹30 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE
₹30.00
₹30.00
₹30.00
₹46.65
₹43.90
37,984,808

NSE
₹30.00
₹35.00
₹33.95
₹46.70
₹43.70
35,354,825

Sita Shree IPO Reviews / Ratings

Hem Securities - Avoid
S P Tulsian - Avoid
KR Choksey Securities Ltd - Avoid
Smart Investments Ltd - Avoid

Company Contact Information

Sita Shree Food Products Ltd
332/4/2, R.D. Udhyog Nagar,
Palda Nemawar road,
Mathurawala�s Colony, Indore 452001, India.

Phone: + 91-731-2862122
Email: sitashreefoodproducts@yahoo.com
Website: http://www.sitashri.com

Sita Shree IPO Registrar

Ankit Consultancy Private Limited
   Ankit Consultancy Private Limited,
   Geeta Bhawan Chouraha, 2nd Floor, Alankar Point,
   A.B.Road,Indore - 452 001

Phone: 0731 - 491 298 / 492 698
Email: ankitind@sancharnet.in
Website: http://

Sita Shree IPO Lead Manager(s)

Keynote Corporate Services Ltd

Lead Manager Reports

Sita Shree IPO FAQs

What is Sita Shree IPO?

Sita Shree IPO is a main-board IPO of 10,500,000 equity shares of the face value of ₹10 aggregating up to ₹31.50 Crores. The issue is priced at ₹27 to ₹30 per equity share. The minimum order quantity is 200 Shares.

The IPO opens on Mar 11, 2008, and closes on Mar 14, 2008.

Ankit Consultancy Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Sita Shree IPO will open?

The Sita Shree IPO opens on Mar 11, 2008 and closes on Mar 14, 2008.
What is the lot size of Sita Shree IPO?

Sita Shree IPO lot size is 200 Shares and the minimum order quantity is 200 Shares.
How to apply for Sita Shree IPO?

You can apply in Sita Shree 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.
When Sita Shree IPO allotment?

The finalization of Basis of Allotment for Sita Shree IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sita Shree IPO allotment status.
When is Sita Shree IPO listing date?

The Sita Shree IPO listing date is on Monday, April 7, 2008.

Sita Shree IPO Message Board

Ranked Members

98. Rajesh Kabra |Jun 4, 2008 18:25

Jay corp kab 900 rs hoga

97. DHARMESH THAKKAR |Apr 9, 2008 19:48

RELIANCE POWER NU BONUS KYARE AVSE? RECORD DATE KAI CHE?

96. Chintan |Apr 7, 2008 15:51

HI FRIENDS,AS DISCUSSED SITA SHREE GAVE EXCELLENT LISTING GAINS.HOPE ALL THE RETAILLERS WHO INVESTED IN IT ARE HAPPY.
B BYE.
THE MORAL OF THE STORY IS
EVERY IPO IS SPECIAL

95. GOURAV |Apr 6, 2008 22:57

MUJHE SHARE BAZAR ME KHUCH BHI NAHI AATA PLEASE AAP MUJHE KUCH BATAYIYE.

94. read it |Apr 5, 2008 19:35

hahahha what a joke
i have entered market when it was at 10000 still i am not making money.
do you know most of the scrips are down the price when market were 5000.parsvnath,omaxe see urself all stocks are down.
thsi is where u r wrong sebi is moving stocks which perform a little better to show that sensex is at 15000 whereas i assure u market is not above 10000 also.everything midcap,small,largecap everything is down.
now regarding long term investment i will tell u i have got parsvnath at 275 which was its earlier low when market was at 12000
it went to 600 id ont know how and operator manipulating and now its shocking it went to 168 also who was selling at that price if there is no buyers.
dont tell me as i am more experienced than you but in the end i know there is no retailer who earns money and by the way can you tell me how much profit have u made in this market.
capital market is not that 1 out of 100 make money and 99 loose it its about atleast 80 make money out of 100.
if you are so positive buy as much and even take loan to buy stocks.congress and finance minister will take u to raods and make u beggar

93. read it is wrong |Apr 5, 2008 18:12

mr Read it i am portfolio managermr read it you are not long term investor as you are talking your portfolio is now down because u have entred in the market and made your position at 21000 level which is very risky zone and seller market now its time to buy or accumalative stock, i will assure you you will earn lots of money within 3 months to 24 months people are india are so greedy they directly went in market rather than making sip in mutual fund and mr read it there is no gain in the market without pain so i am very much bullish about indian growth story mr finance minister is right he is taking inflation down he want that middle class will buy property and this time is consolidation in the market finance minster is taking very nice steps regarding to protect economy very sound its time now buying grdually u cant predict bottam of the market ok make a long time investor after all equity is the long time instrument in assest class.

92. read it |Apr 5, 2008 17:43

We have shown we are weak people and cannot chage rule o ask mr finanace minister to withdraw stt tax which has been increased to make the markets attractive.
even i have also been a long term investor and now looking at my portfolio i seem to cry looking at it going down each day.
mr fianance minister said that it will give reward for long term investor whereas it is only long term investor feeling the pain whereas day traders may or may not earn
why dont people understand simple thing its all because off incresead stt and in future policy to increase intereset rates by mr fianance minster which will hurt long term investor even more.
i request everyone to take strong action whatever like send complaints to sebi or finance minister and dont sit idle.

why dont u understand hong kong market have been 2000 up last week, pakistan,taiwan,starits,europe all have been up and its only indian markets going down just because of finance minister.
do u know i have been watching cnbc few days back and in night is shows pakistan market that indian markets have increased stt whereas they have decreasd it for more investors to come in pakistan stock market is now at above 15500 from 8000 it went to 15500 and we have gone from 21000 to 15300.
shame on mr finenec minister because of his rude policies.

91. jitendra |Apr 4, 2008 18:01

Sita Shree Food Products having issued shares at Rs 30 is likely to list above its issue price and would witness momentum. This is based on grey market premium of Rs 4,000 per Rs 1 lakh form which implies a premium of Rs 2 per share.

Cover Feature

SP Tulsian

90. read it |Apr 4, 2008 16:18

where is mr finanace minister he is hiding and does not have even got courage when cpital markets have gone down to say atleast something because now he has no excuses like he had earlier that global markets are weak whereas now global markets have strengthen.
Finance minister chidambaram is just earning all money from poor retailers and will spend them in next time election.
i would again say never vote for congress

89. KALPESH SHAH |Apr 3, 2008 18:01

CHAHE DUSHMAN KUCHH BHI KARE... SENSEX JITNA CHAHE GHATE.....
AAKHIR ME TO UUUUUUUUUUUPAR TO AANE HI WALA HAI

88. MEHUL LALITBHAI SHAH |Apr 3, 2008 12:25

wht is the kostak of kiri dyes

87. daniel |Apr 3, 2008 10:26

sita shri ka refund kab milega...koi batado yaar...

86. kalpesh |Apr 2, 2008 18:10

SITA.....9--TO--11--RS...TITTAGRA.----57--TO-65...OK GOOD DAY BY

85. kalpesh shah |Apr 2, 2008 18:03

jo hota he vo aache ke liye hota he SENSEX 14000...to hoga hiiiii ok koi nahi bacha sakta

84. chintan |Apr 1, 2008 23:04

Hello buddies,Sita Shree Food Products Ltd.is going to list on
7th of APRIL be ready.I read today in newspaper.

83. Dhaval Sheth |Apr 1, 2008 23:04

sita food will list on monday on 7th april

82. goutam |Mar 31, 2008 16:32

sith shri foods kya rate ma list hoga karpriya batava

81. digamber khatri |Mar 31, 2008 12:47

dear prakash iska allotment ho chuka hain tum mujhe appl. no. batao main tumhe allotment status batata hoon

80. digamber khatri |Mar 31, 2008 12:45

my dear manish pahali baat to yah ki max. lot 3200 ka hota hai apane 3300 kaise laga diya

79. vikash |Mar 30, 2008 22:35

iska sllotment kab hoga, mer demat main ab tak koi sharenahi aya iska koi to batao

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