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

March 11, 2008 - March 14, 2008

Sita Shree IPO is a book built issue of Rs 31.50 crores.

Sita Shree IPO bidding started from March 11, 2008 and ended on March 14, 2008. The shares got listed on BSE, NSE on April 7, 2008.

Sita Shree IPO price band is set at ₹27 to ₹30 per share. The minimum lot size for an application is 200 Shares. The minimum amount of investment required by retail investors is ₹6,000.

Keynote Financial Services Ltd is the book running lead manager of the Sita Shree IPO, while Ankit Consultancy Private Limited is the registrar for the issue.

Refer to Sita Shree IPO RHP for detailed information.

Sita Shree IPO Details

IPO Date March 11, 2008 to March 14, 2008
Listing Date April 7, 2008
Face Value ₹10 per share
Price Band ₹27 to ₹30 per share
Lot Size 200 Shares
Total Issue Size10,500,000 shares
(aggregating up to ₹31.50 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Sita Shree IPO Lot Size

Investors can bid for a minimum of 200 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) 1 200 ₹6,000
Retail (Max) 33 6600 ₹198,000
Lot Size Calculator

About Sita Shree Food Products Ltd

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 (Sita Shree IPO Objectives)

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 Subscription Status (Bidding Detail)

The Sita Shree IPO is subscribed 2.44 times on March 14, 2008 5:00:00 PM. The public issue subscribed 4.13 times in the retail category, 1.02 times in the QIB category, and 3.25 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Sita Shree IPO Prospectus

Sita Shree IPO Rating

Rating:Rated 3.4 stars
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Sita Shree IPO Listing Details

Listing Date April 7, 2008
BSE Script Code 532961
ISIN INE686I01011
Final Issue Price ₹30 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Sita Shree Food Products Ltd Contact Details

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

Sita Shree IPO Registrar

Ankit Consultancy Private Limited

Phone: 0731 - 491 298 / 492 698

Sita Shree IPO - Buy or Not

Sita Shree IPO Recommendation Summary

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Sita Shree IPO FAQs

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 share. The minimum order quantity is 200 Shares.

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

Ankit Consultancy Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Sita Shree IPO opens on March 11, 2008 and closes on March 14, 2008.

Sita Shree IPO lot size is 200 Shares, and the minimum amount required is ₹6,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

Ranked Members of Forum  Ranked Members | Most Liked Members



98. Rajesh Kabra |   Link |  Bookmark |June 4, 2008 6:25:30 PM
Jay corp kab 900 rs hoga
97. DHARMESH THAKKAR |   Link |  Bookmark |April 9, 2008 7:48:42 PM
96. Chintan |   Link |  Bookmark |April 7, 2008 3:51:52 PM
95. GOURAV |   Link |  Bookmark |April 6, 2008 10:57:31 PM
94. read it |   Link |  Bookmark |April 5, 2008 7:35:22 PM
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 |   Link |  Bookmark |April 5, 2008 6:12:59 PM
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 |   Link |  Bookmark |April 5, 2008 5:43:44 PM
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 |   Link |  Bookmark |April 4, 2008 6:01:17 PM
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.

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SP Tulsian
90. read it |   Link |  Bookmark |April 4, 2008 4:18:59 PM
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 |   Link |  Bookmark |April 3, 2008 6:01:21 PM
88. MEHUL LALITBHAI SHAH |   Link |  Bookmark |April 3, 2008 12:25:48 PM
wht is the kostak of kiri dyes
87. daniel |   Link |  Bookmark |April 3, 2008 10:26:22 AM
sita shri ka refund kab milega...koi batado yaar...
86. kalpesh |   Link |  Bookmark |April 2, 2008 6:10:11 PM
SITA.....9--TO--11--RS...TITTAGRA.----57--TO-65...OK GOOD DAY BY
85. kalpesh shah |   Link |  Bookmark |April 2, 2008 6:03:05 PM
jo hota he vo aache ke liye hota he SENSEX hoga hiiiii ok koi nahi bacha sakta
84. chintan |   Link |  Bookmark |April 1, 2008 11:04:59 PM
Hello buddies,Sita Shree Food Products going to list on
7th of APRIL be ready.I read today in newspaper.
83. Dhaval Sheth |   Link |  Bookmark |April 1, 2008 11:04:45 PM
sita food will list on monday on 7th april
82. goutam |   Link |  Bookmark |March 31, 2008 4:32:12 PM
sith shri foods kya rate ma list hoga karpriya batava
81. digamber khatri |   Link |  Bookmark |March 31, 2008 12:47:24 PM
dear prakash iska allotment ho chuka hain tum mujhe appl. no. batao main tumhe allotment status batata hoon
80. digamber khatri |   Link |  Bookmark |March 31, 2008 12:45:00 PM
my dear manish pahali baat to yah ki max. lot 3200 ka hota hai apane 3300 kaise laga diya
79. vikash |   Link |  Bookmark |March 30, 2008 10:35:23 PM
iska sllotment kab hoga, mer demat main ab tak koi sharenahi aya iska koi to batao