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Sri Krishna Metcom Limited IPO (Sri Krishna Metcom IPO) Detail

September 14, 2017 - September 18, 2017

Sri Krishna Metcom IPO is a fixed price issue of Rs 19.25 crores.

Sri Krishna Metcom IPO bidding started from September 14, 2017 and ended on September 18, 2017. The shares got listed on NSE SME on September 26, 2017.

Sri Krishna Metcom IPO price is ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000.

Microsec Capital Ltd is the book running lead manager of the Sri Krishna Metcom IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Sri Krishna Metcom IPO RHP for detailed information.

Sri Krishna Metcom IPO Details

IPO Date September 14, 2017 to September 18, 2017
Listing Date September 26, 2017
Face Value ₹10 per share
Price ₹55 per share
Lot Size 2000 Shares
Total Issue Size3,500,000 shares
(aggregating up to ₹19.25 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Sri Krishna Metcom IPO Reservation

Sri Krishna Metcom IPO offers 3,500,000 shares. 1,750,000 (50.00%) to NII, 1,750,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered1,750,000 (50.00%)
Retail Shares Offered1,750,000 (50.00%)
Total Shares Offered3,500,000 (100%)

Sri Krishna Metcom IPO Lot Size

Investors can bid for a minimum of 2000 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 2000 ₹110,000
Retail (Max) 1 2000 ₹110,000
Lot Size Calculator

About Sri Krishna Metcom Limited

Incorporated in 2008, Sri Krishna Metcom Ltd is engaged in the business of processing of non-basmati and basmati rice in India. They also sells rice bran, a by-product of rice to oil manufacturers. The company offers its products to various wholesalers and retailers under the BABA, PANCHAKANYA, SINGHAM, and MIDDU BHAI brands.

They are the one of the largest processors of non-basmati rice with a milling capacity of 350 Metric tons per day in the State of Jharkhand. They process varieties of rice with the help of state of the art plant and machinery of International Standards i.e. Automatic Ultra Modern State of Art Buhler's Swiss Technology Rice Mill.

Objects of the Issue (Sri Krishna Metcom IPO Objectives)

The object of the issue are:

1. Working Capital requirement;
2. Enhance the Company�s corporate image, brand name and create a public market for the Equity Shares in India;
3. Issue Expenses.

Sri Krishna Metcom IPO Review (Avoid)

[Dilip Davda]  Considering aggressive pricing, there is no harm in giving this issue a miss. Read detail review...

Sri Krishna Metcom IPO Subscription Status (Bidding Detail)

The Sri Krishna Metcom IPO is subscribed times on September 18, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Sri Krishna Metcom IPO Prospectus

Sri Krishna Metcom IPO Rating

Rating:Rated 2.9 stars
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Sri Krishna Metcom IPO Listing Details

Listing Date September 26, 2017
BSE Script Code
ISIN INE672X01010
Final Issue Price ₹55 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Sri Krishna Metcom Limited Contact Details

Sri Krishna Metcom Limited
504, Mangal Murti Heights,
5th Floor, Rani Bagan,
Harmu Road, Ranchi - 834001
Phone: +91 651 2285853

Sri Krishna Metcom IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Sri Krishna Metcom IPO - Buy or Not

Sri Krishna Metcom IPO Recommendation Summary

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Brokers 0 0 1
Members 0 0 0

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Sri Krishna Metcom IPO FAQs

Sri Krishna Metcom IPO is a SME IPO of 3,500,000 equity shares of the face value of ₹10 aggregating up to ₹19.25 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000 Shares.

The IPO opens on September 14, 2017, and closes on September 18, 2017.

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

The Sri Krishna Metcom IPO opens on September 14, 2017 and closes on September 18, 2017.

Sri Krishna Metcom IPO lot size is 2000 Shares, and the minimum amount required is ₹110,000.

You can apply in Sri Krishna Metcom 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 Sri Krishna Metcom IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sri Krishna Metcom IPO allotment status.

The Sri Krishna Metcom IPO listing date is on September 26, 2017.
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Sri Krishna Metcom IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



9. Hakimuddin lashkerwala |   Link |September 26, 2017 5:33:24 PM
Bad listing trade in lower circuit
8. Hakimuddin lashkerwala |   Link |September 26, 2017 10:06:05 AM
Listing kab he
7. Hitesh Chechani |   Link |September 18, 2017 12:45:16 PM
Hi please suggest for this IPO (Sri Krishna Metcom IPO).
Is it worth to bid. What is report?
6. STOCKT |   Link |September 12, 2017 8:19:33 PM
coming to loot public at 67 P/E.

what a pity a new lead manager pricing stock at such high price

a clear avoid
6.2. snp |   Link |September 16, 2017 6:36:57 PM
stockt, what is your take on worth peripherails
6.3. snp |   Link |September 16, 2017 6:37:07 PM
stockt, what is your take on worth peripherails
5. snp |   Link |September 15, 2017 6:05:39 PM
Bid Details for SKML as on 15-Sep-2017 17:00:02 IST
Sr. No      Category      No of shares bid for
1      Qualified Institutional Buyers(QIBs)      0
1(a)      Foreign Institutional Investors(FIIs)      0
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      0
1(c)      Mutual funds      0
1(d)      Others      0
2      Non Institutional Investors      24,46,000
2(a)      Corporates      9,66,000
2(b)      Individuals(Other than RIIs)      14,80,000
2(c)      others      0
3      Retail Individual Investors(RIIs)      2,70,000
3(a)      Cut Off      0
3(b)      Price bids      2,70,000
Total      27,16,000
4. Rafiq |   Link |September 14, 2017 2:07:44 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)

Leave Huzefa bhai for the time being. Lets discuss about this IPO, as this forum is not for resolving only one person''s query for ASBA

From now let us talk about this IPO because people here comes and tracks our reviews for the IPO and make decisions according.
4.1. Huzefa |   Link |September 15, 2017 10:06:47 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Rafiq bhai, This IPO is highly priced and clear Avoid. See the review of Mr Dilip Davda on this IPO.
3. KARTHIKEYAN T |   Link |September 12, 2017 7:32:59 PM
hi huzefa ji
icici bank asba was working well for me.
i have applied dixon technologies through icici bank asba. fyi
3.1. Huzefa |   Link |September 13, 2017 8:52:14 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I am taking abt SME IPO. Dixon was not SME. Check if this IPO, "Sri Krishna Metcom", which is opening on 14th is available on ICICIDirect. It wont be seen in IPO section of ICICIDirect
Regarding, applying through ICICIBank ASBA, Were you able to click on "apply IPO" link under Investments section of ICICI Bank website? I am getting error when I click on this link. Can you check?
2. KARTHIKEYAN T |   Link |September 12, 2017 2:36:39 PM
hi Huzefa
ICICI DIRECT is working properly for me. I have 3 accounts . All are fine.
Perhaps for any aadhaar update, kyc they might have blocked . check with whom you opened the account. Can use NSE website for which icici direct are not dealing the sme shares and download the e application forms and submit manually to the accepted bankers. Nothing to worry
2.1. Huzefa |   Link |September 12, 2017 3:55:06 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Dude, I am taking abt ICICI bank and not ICICIDirect.
1. Huzefa |   Link |September 12, 2017 9:40:49 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I have account in ICICIDirect and I spoke to ICICI direct customer care and they said ICICIDirect will not have this IPO. In that case how to apply for this IPO?
1.2. Sunder |   Link |September 12, 2017 12:18:59 PM
Hi Huzefa
Net banking ASBA facility (online IPO) through ICICI Bank site is also blocked for more than a month. I have even sent mails and spoken to customer care centre. NO USE.
Download from NSE site e-forms and apply. You cannot sell it through IDirect even if you are allotted. Be aware of that
1.3. Huzefa |   Link |September 12, 2017 2:52:02 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I spoke with ICICI bank and they said they do support ASBA but currently there are some technical issues due to which ASBA is not working.