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

Sep 14, 2017 - Sep 18, 2017

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

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 Details

Sri Krishna Metcom IPO Date Sep 14, 2017 to Sep 18, 2017
Sri Krishna Metcom IPO Face Value ₹10 per share
Sri Krishna Metcom IPO Price ₹55 per share
Sri Krishna Metcom IPO Lot Size 2000 Shares
Issue Size3,500,000 shares of ₹10
(aggregating up to ₹19.25 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the company are:

1. Mr. Sudhir Prasad Sahu
2. Mr. Yogesh Kumar Sahu
3. Mr. Gyan Prakash Sahu
4. Sudhir Prasad Sahu (HUF)

Sri Krishna Metcom IPO Lot Size

The Sri Krishna Metcom IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹110,000
Retail (Max) 1 2000 ₹110,000

Sri Krishna Metcom IPO Review

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 Sep 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 Date

Listing Date Tuesday, September 26, 2017
BSE Script Code
Listing In
ISIN INE672X01010
IPO Price ₹55 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹55.00
Open: ₹53.95
Low: ₹44.00
High: ₹53.95
Last Trade: ₹49.00

Company Contact Information

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 Review

Sri Krishna Metcom IPO Recommendation Summary

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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 Sep 14, 2017, and closes on Sep 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 Sep 14, 2017 and closes on Sep 18, 2017.

Sri Krishna Metcom IPO lot size is 2000 Shares and the minimum order quantity is .

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, Edelweiss, 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 Tuesday, 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 |Sep 26, 2017 4:33:24 PM
Bad listing trade in lower circuit
8. Hakimuddin lashkerwala |   Link |Sep 26, 2017 9:06:05 AM
Listing kab he
7. Hitesh Chechani |   Link |Sep 18, 2017 11:45:16 AM
Hi please suggest for this IPO (Sri Krishna Metcom IPO).
Is it worth to bid. What is report?
6. STOCKT |   Link |Sep 12, 2017 7:19:33 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 |Sep 16, 2017 5:36:57 PM
stockt, what is your take on worth peripherails
6.3. snp |   Link |Sep 16, 2017 5:37:07 PM
stockt, what is your take on worth peripherails
5. snp |   Link |Sep 15, 2017 5:05:39 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 |Sep 14, 2017 1:07:44 AM
Top Contributor Top Contributor (400+ Posts, 300+ 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 |Sep 15, 2017 9:06:47 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 |Sep 12, 2017 6:32:59 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 |Sep 13, 2017 7:52:14 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 |Sep 12, 2017 1:36:39 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 |Sep 12, 2017 2:55:06 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Dude, I am taking abt ICICI bank and not ICICIDirect.
1. Huzefa |   Link |Sep 12, 2017 8:40:49 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 |Sep 12, 2017 11:18:59 AM
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 |Sep 12, 2017 1:52:02 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.