SRS Limited IPO (SRS IPO) Detail

Aug 23, 2011 - Aug 26, 2011

Incorporated in 2000, SRS Limited is engaged in the business of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations.

Company operates 23 SRS Value Bazaar retail stores, 15 food courts and 30 cinema screens in North India. The company also operates five jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi.

SRS Cinemas is the cinema exhibition brand under which the Company operates a chain of cinemas spread across six cities. This includes 11 properties at strategic locations having 30 screens and 7,608 seats. The food courts are run under the SRS 7dayz and Punjabi Haandi brands and currently, the Company operates 15 food courts across North and Central India. The Company operates a chain of retail stores under the brand name of SRS Value Bazaar that offer FMCG products. SRS Fashion Wear is the other brand under which the Company retails multi-brand apparels. Company has 23 retail stores in North India. They also sell a wide range of gold and diamond jewellery under the brand name of SRS Jewells.

Company Promoters:

Following is the list of the Promoters of the Company:

1. Dr. Anil Jindal
2. Mr. Sunil Jindal
3. Mr. Bishan Bansal
4. Mr. Raju Bansal
5. BTL Industries Limited
6. BTL Portfolio Limited

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31-Mar-1131-Mar-1031-Mar-0931-Mar-0831-Mar-07
Total Income20,775.3413,298.625,144.581,877.95595.55
Profit After Tax (PAT)373.88261.5755.91104.75101.11

Objects of the Issue:

The objects of this Public Issue are to raise funds for:

1. Setting up of cinemas;
2. Setting up of food courts and restaurants;
3. Setting up of retail stores;
4. Setting up of jewellery manufacturing facility and jewellery retail stores;
5. General Corporate Purposes; and
6. Issue related expenses.

SRS IPO Details

IPO Opening DateAug 23, 2011
IPO Closing DateAug 26, 2011
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹58 to ₹65 per equity share
Market Lot100 Shares
Min Order Quantity100 Shares
Listing AtBSE, NSE
Issue Size35,000,000 Eq Shares of ₹10
(aggregating up to ₹203.00 Cr)

SRS IPO Lot Size

The SRS IPO market lot size is 100 shares. A retail-individual investor can apply for up to 30 lots (3000 shares or ₹195,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum1100₹6,500
Maximum303000₹195,000

SRS Limited IPO Grading

ICRA has assigned an IPO Grade 3 to SRS Limited IPO. This means as per ICRA, company has '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 SRS Ltd IPO Report

SRS IPO Subscription Status (Bidding Detail)

The SRS IPO is subscribed 1.25x times on Aug 26, 2011 18:00. The public issue subscribed 0.32x in the retail category, 0.75x in the QIB category, and 5.11x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

0.75x

NII

5.11x

RII

0.32x

Total

1.25x

SRS IPO Prospectus

SRS IPO Rating

184
3.7
Rating:Rated 3.7 stars

Vote Here ...

SRS IPO Listing Date

Listing DateFriday, September 16, 2011
BSE Script Code533569
NSE SymbolSRSLTD
Listing InB
ISININE219H01039
IPO Price₹58 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹58.00
₹55.00
₹31.80
₹61.40
₹33.65
33,244,319
NSE
₹58.00
₹68.00
₹31.50
₹68.00
₹33.25
56,691,927

SRS IPO Reviews / Ratings

Company Contact Information

SRS Limited
SRS Multiplex,
City Centre, Sector-12
Faridabad, Haryana -121007, India

Phone: 91 129 428 2801 -808
Email: ipo@srsparivar.com
Website: http://www.srsparivar.com

SRS IPO Registrar

Beetal Financial & Computer Services (P) Limited
   Beetal House, 3rd Floor,
   99, Madangir, Behind Local Shopping Centre,
   New Delhi - 110062

Phone: +91 11 29961281
Email: srs_ipo@beetalfinancial.com
Website: http://www.beetalfinancial.com

SRS IPO FAQs

  1. What is SRS IPO?

    SRS IPO is a main-board IPO of 35,000,000 equity shares of the face value of ₹10 aggregating up to ₹203.00 Crores. The issue is priced at ₹58 to ₹65 per equity share. The minimum order quantity is 100 Shares.

    The IPO opens on Aug 23, 2011, and closes on Aug 26, 2011.

    Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When SRS IPO will open?

    The SRS IPO opens on Aug 23, 2011 and closes on Aug 26, 2011.

  3. What is the lot size of SRS IPO?

    SRS IPO lot size is 100 Shares and the minimum order quantity is 100 Shares.

  4. How to apply for SRS IPO?

    You can apply in SRS 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 SRS IPO allotment?

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

  6. When is SRS IPO listing date?

    The SRS IPO listing date is on Friday, September 16, 2011.

SRS IPO Message Board

Ranked Members  Ranked Members

Loading...
86. gundu anna |Sep 16, 2011 22:20
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
89. Sreedhar.

My only point is we should avoid telling this will go to that price and that will come to this price. In third class issues no body can predict what will happen. Not to make just a joke... regarding ONGC, I am happy that Govt differed it. All speculators trapped....
85. Sreedhar |Sep 16, 2011 21:54
IPO Mentor IPO Mentor (900+ Posts)
gundu anna,
I did not apply for SRS OK.The fact that the idiot management inspite of filling up the issue with friends & family could not give a exit price is a pity for those faithfuls.Based on assumption he will give a exit price to the faithfuls I thought they will take to 65.Poor fellows the investors got a good whammy.I neither applied for it nor encouraged to apply.
It is great achievement for me that people who had heeded to my call & not shorted ONGC saved a princely 20 K.So do not become a clown by laughing upon yourself.
84. CHD |Sep 16, 2011 20:10
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
WHAT A VIBRANT DEMOCRACY WE HAVE !

MINISTERS' WEALTH DOUBLING / TRIPLING EVERY YEAR ( ONLY THE DISCLOSED PORTION-ONLY TIP OF THE ICE-BERG).

A GROWING ECONOMY INDEED.
83. SkDash |Sep 16, 2011 16:39
IPO Mentor IPO Mentor (600+ Posts)
Bhups

Is it virtual buying or actual ? Is yr SL is 0 ?
82. BHUPS |Sep 16, 2011 16:15
look SRS going to shoot up like rocket buy buy buy
81. BHUPS |Sep 16, 2011 15:54
Bought 1000 @ 48 another 1000 @ 38 and another 2000 @ 34 my average is 38.5 looking to buy another 4000 if come down to 28 with a 2-3 days target of Rs. 45-50 range
80. SkDash |Sep 16, 2011 14:32
IPO Mentor IPO Mentor (600+ Posts)
KKN Sir-welcome. I think it will be test match now.

Anyway, when we will leave for shopping ?
79. KK Natarajan |Sep 16, 2011 14:04
IPO Mentor IPO Mentor (500+ Posts)
Done and dusted. Sitting in the audience near SkDash's seat.
78. SkDash |Sep 16, 2011 12:45
IPO Mentor IPO Mentor (600+ Posts)
any news on RBI credit policy ? Is it pause/ 0.25/ 0.50 ?
77. Sreedhar |Sep 16, 2011 12:35
IPO Mentor IPO Mentor (900+ Posts)
Jubilant good one :p
76. JUBILANT |Sep 16, 2011 11:58
deep fry still, no respite ,jaipur and Ahamadabad is taking knockout on noida people for holding their grip
75. Allan Stanley |Sep 16, 2011 11:39
wad the hell! lost RS 5000 bot @48 sold @43
74. SkDash |Sep 16, 2011 11:31
IPO Mentor IPO Mentor (600+ Posts)
position closed. now only audience and cheering to players like KKN, Ravi, Sreedhar and Others
73. KK Natarajan |Sep 16, 2011 10:51
IPO Mentor IPO Mentor (500+ Posts)
Shorted at 53.55. Covered 50% at 46.05, 25 % at 42 and for the remaining 25% put a target of 35. Watching closely as the recent listings have trapped traders on both sides.
72. MOGLI |Sep 16, 2011 10:47
SELL SELL ----- immediate
TARGET 30
71. SkDash |Sep 16, 2011 10:37
IPO Mentor IPO Mentor (600+ Posts)
I think 40% down at the end of the day. but punters may trap us and will try to swing to cut both longer as well shorters. So i am in with strict SL
70. BHUPS |Sep 16, 2011 10:22
Definately a buy at current rate of Rs. 48
69. BHUPS |Sep 16, 2011 10:21
FII will surly be in buying mood at Rs. 50 or low so buy at Rs. 50
68. BHUPS |Sep 16, 2011 10:19
it can give ample profit to day trader short any above 70 with stop loss of Rs. +5 similarly buy at any price below 55 with stop loss of -5
67. JUBILANT |Sep 16, 2011 10:11
DEAR SK dassji,
your prediction & target in brooks was worked outstanding.







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