Sri Krishna Metcom IPO

Sri Krishna Metcom IPO

Business description from prospectus – Sri Krishna Metcom is one of the largest processors of non-basmati rice with a milling capacity of 350 Metric tons per day in the State of Jharkhand. The company is a processor and supplier of the varieties of rice like Long Grain, Medium Grain, Short Grain, Minicut, Sharbati, Banskati, Swarna, Sonam, Katarni and Sonachur / Govindbhog etc.

The non-basmati rice is processed at our processing plant located in the village Bandheya, Piska Nagri, Ranchi in the State of Jharkhand in India. The company has established an Ultra Modern Highly Automated Continuous Buhler’s Swiss Technology Paddy Processing & Rice Milling Plant with a installed capacity of 16 Tones per hour. We have established ourselves as one of the Industry Leader in a short span of time with a storage capacity of 25,000 Metric tons and milling capacity of 1,26,000 Metric tons per year.

Promoters of Sri Krishna Metcom – Sudhir Prasad Sahu, Yogesh Kumar Sahu , Gyan Prakash Sahu and Sudhir Prasad Sahu (HUF)

Sri Krishna Metcom IPO details

Subscription Dates 14 – 18 September 2017
IPO Price band INR55 per share
Fresh issue 600,000 shares (INR3.30 crore)
Offer for sale 2,900,000 shares (INR15.95 crore)
Total IPO size 3,500,000 shares (INR19.25 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform

Sri Krishna Metcom’s financial performance (in INR lakh)

FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 5.7 2,421.5 7,902.7 8,103.9 8,210.7
Total expenses 0.6  2,581.0 7,815.0 8,031.9 8,037.9
Profit after tax 4.3 -160.5 88.0 86.0 102.8

Sri Krishna Metcom Limited
504, Mangal Murti Heights, 5th Floor,
Rani Bagan, Harmu Road,
Ranchi – 834001, Jharkhand

Phone: +91 651 2285853
Email: [email protected]


Subscription (no. of times)

Day 1 0.24
Day 2 0.78
Day 3 1.15


Earnings Per Share (EPS): INR0.81

Price/Earnings (P/E) ratio: 67.90

Return on Net Worth (RONW): 7.43%

Net Asset Value (NAV): INR10.95 per share

Link Intime India Private Limited
C-101, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai – 400 083
Maharashtra, India

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email[email protected]

Sri Krishna Metcom IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

IPO Opening Date: 14 September 2017

IPO Closing Date: 18 September 2017

Listing Date: 26 September 2017

Listing Price on NSE SME: INR53.95 per share (down 1.9% from IPO price)

Closing Price on NSE SME: INR49 per share (down 10.91% from IPO price)


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