Shriram Properties Limited
08 Dec 2021 – 10 Dec 2021
LISTED
Offer Price
₹113–118
Bid lot
125
Min Application
₹14,750
Issue Size
₹346 Cr
Key dates
Open date
08 Dec 2021
Done
Close date
10 Dec 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
20 Dec 2021
Today
Issue reservation
₹346 CrQIB 50%Retail 35%5%
QIB
1.47 Cr sh · ₹173.00 Cr
Retail
1.03 Cr sh · ₹121.10 Cr
Employee
14.7 L sh · ₹17.30 Cr
BRLM: Axis Capital Limited · ICICI Securities Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 125 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
125 sh · ₹14,750
Max · 13 lots
1,625 sh · ₹1,91,750
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
1,750 sh · ₹2,06,500
Max · 67 lots
8,375 sh · ₹9,88,250
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
8,500 sh · ₹10,03,000
Entry point
₹10,03,000 onward
Issue details
Lead managersAxis Capital Limited, ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
6.04×
0×1×2×3×+
Oversubscribed
Book₹311.40 Cr
Subscribed₹1,882 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,46,61,017₹173.00 Cr | 2,71,22,881₹320.05 Cr | 1.85× |
| HNI | 43,98,305₹51.90 Cr | 2,11,99,831₹250.16 Cr | 4.82× |
| Retail | 1,02,62,712₹121.10 Cr | 13,05,41,695₹1,540 Cr | 12.72× |
| Employee | 14,66,102₹17.30 Cr | 18,32,627₹21.62 Cr | 1.25× |
| Total | 2,63,89,831₹311.40 Cr | 15,94,97,203₹1,882 Cr | 6.04× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 320.05 |
| HNI | 250.16 |
| Retail | 1,540.39 |
| Employee | 21.62 |
| Total | 1,882.07 |
Amounts at the upper band (₹118). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Shriram Properties Limited IPO?
One lot of 125 shares — ₹14,750 at the upper price band of ₹118.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-12-20 on NSE.