Srivasavi Adhesive Tapes IPO description –Incorporated in 2010, Srivasavi Adhesive Tapes is engaged in manufacturing, coating, converting, and die cuts of industrial Specialty self-adhesive tapes. It caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries.
The company serves its customers with a wide range of pressure-sensitive adhesive tapes, BOPP tapes, Eco-Friendly paper Tapes, Filament tapes, Double Side tapes, Packaging tapes, Specialty Protection tapes, Surface Protection tapes, Masking tapes, Specialty Foams/ Films.
Srivasavi Adhesive Tapes has presence in 23 states in India and in international markets, its products are supplied to 13 countries including Egypt, France, Indonesia, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Sri Lanka, United State of America and UAE.
Promoters of Srivasavi Adhesive Tapes – D N Anilkumara and Ashwini D A
Srivasavi Adhesive Tapes IPO Details
| Srivasavi Adhesive Tapes IPO Dates | 23 – 28 February 2023 |
| Srivasavi Adhesive Tapes IPO Price | INR 41 per share |
| Fresh issue | 37,80,000 shares (INR 15.50 crore) |
| Offer For Sale | Nil |
| Total IPO size | 37,80,000 shares (INR 15.50 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 123,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Srivasavi Adhesive Tapes Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 |
| Revenue | 46.01 | 55.26 | 63.43 | 30.57 |
| Expenses | 44.58 | 53.12 | 59.08 | 28.50 |
| Net income | 1.01 | 1.87 | 3.62 | 1.81 |
Srivasavi Adhesive Tapes offers News
- Srivasavi Adhesive Tapes RHP
- Srivasavi Adhesive Tapes Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Srivasavi Adhesive Tapes Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.97 | 1.80 | 3.48 |
| PE ratio | – | – | 11.78 |
| RONW (%) | 20.47 | 27.49 | 34.70 |
| NAV | – | – | 10.04 |
| ROCE (%) | 50.69 | 43.72 | 52.29 |
| EBITDA (%) | 6.18 | 6.13 | 9.37 |
| Debt/Equity | 1.16 | 0.58 | 0.58 |
Srivasavi Adhesive Tapes IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Srivasavi Adhesive Tapes IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,890,000 | 1,890,000 | 3,780,000 |
| 28 Feb 2023 | 6.75 | 7.85 | 7.30 |
| 27 Feb 2023 | 1.39 | 1.32 | 1.35 |
| 24 Feb 2023 | 1.10 | 0.39 | 0.74 |
| 23 Feb 2023 | 0.64 | 0.17 | 0.41 |
Srivasavi Adhesive Tapes Offer Lead Manager
SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor,
Sea Lord CHS, Plot No. 1/B, 1/A,
Survey No. A-12, Ram Nagar, Borivali (West),
Mumbai- 400 092, Maharashtra, India.
Phone: 22-2808 8456
Email: [email protected]
Website:Â www.shreni.in
Srivasavi Adhesive Tapes Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: [email protected]
Website:Â www.bigshareonline.com
Srivasavi Adhesive Tapes Contact Details
SRIVASAVI ADHESIVE TAPES LIMITED
17/2, 2nd Floor, Kodigehalli Main Road,
Sahakarnagar, Bangalore – 560 092 Karnataka
Phone: 08023629383
E-mail: [email protected]
Website: www.vasavitapes.com
Srivasavi Adhesive Tapes IPO Allotment Status
Srivasavi Adhesive Tapes IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.
Srivasavi Adhesive Tapes IPO Dates & Listing Performance
| IPO Opening Date | 23 February 2023 |
| IPO Closing Date | 28 February 2023 |
| Finalisation of Basis of Allotment | 3 March 2023 |
| Initiation of refunds | 6 March 2023 |
| Transfer of shares to demat accounts | 8 March 2023 |
| Srivasavi Adhesive Tapes IPO Listing Date | 9 March 2023 |
| Opening Price on NSE SME | INR 40 per share (down 2.44%) |
| Closing Price on NSE SME | INR 42 per share (up 2.44%) |
Srivasavi Adhesive Tapes IPO FAQs
What is Srivasavi Adhesive Tapes’ offer size?
Srivasavi Adhesive Tapes’ offer size is INR 15.50 crore.
What is Srivasavi Adhesive Tapes IPO Price Band?
Srivasavi Adhesive Tapes public offer price is INR 41 per share.
What is the lot size of the Srivasavi Adhesive Tapes IPO?
Srivasavi Adhesive Tapes offers a lot size is 3,000 shares.
What is Srivasavi Adhesive Tapes IPO GMP today?
Srivasavi Adhesive Tapes IPO GMP today is INR NA per share.
What is Srivasavi Adhesive Tapes kostak rate today?
Srivasavi Adhesive Tapes kostak rate today is NA per application.
What are Srivasavi Adhesive Tapes Subject to Sauda rate today?
Srivasavi Adhesive Tapes Subject to Sauda rate today is INR NA per application.
