Shriram Properties IPO to list on NSE and BSE on 20 December 2021, Monday at 10:00 AM. The Chennai-based Shriram Properties is the best residential real estate development company in South India. The company have strong focuses on the mid-market and affordable housing segments. They are mostly dealing in Bengaluru and Chennai markets in which they have completed 24 projects. The IPO subscribed 4.60x times that comprises Qualified Institutional Buyer (QIB) 1.85x, Non-institutional Bidders (NII) 4.82x, and Retail (RII) 12.72x. The company reported a loss of ā¹65 crores in 2021 against a loss of ā¹86 crores in 2020. The revenues were down in 2021 (9M) to ā¹344 crores against ā¹632 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ā¹100 to ā¹125 range. Check out the Shriram Properties IPO listing details as given below:
Latest Update: Shriram Properties IPO listed at 25% discount at ā¹90 on NSE and ā¹94 on BSE. The stock was hammered due to the bearish market and it was on the cards as the Shriram Properties share price was not able to list above IPO price. Happy Investing!
Shriram Properties Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price |
ā¹118.00
|
ā¹118.00
|
| List Price |
ā¹94.00
|
ā¹90.00
|
| High Price |
ā¹106.35
|
ā¹106.40
|
| Low Price |
ā¹91.75
|
ā¹90.00
|
| Close Price |
ā¹99.40
|
ā¹99.60
|
| Volume |
23,42,848
|
3,00,22,513
|
BSE Notice of Listing: Notice
Shriram Properties IPO Listing Details
Find the Shriram Properties IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Shriram Properties share listing day.
| BSE Code | 543419 |
| NSE Code | SHRIRAMPPS |
| Group | B Group |
| ISIN No | INE217L01019 |
| Offer Price | ā¹118 |
| Face Value | ā¹10 |
| Listing Date | 20 December 2021, Monday |
Important Links:
Shriram Properties IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.12 | 1.85 |
| NII | 0.04 | 0.18 | 4.82 |
| RII | 4.85 | 8.35 | 12.72 |
| EMP | 0.36 | 0.78 | 1.25 |
| Total | 0.89 | 1.63 | 4.60 |
Shriram Properties IPO Date & Price Band
| IPO Open: | 08 December 2021 |
| IPO Close: | 10 December 2021 |
| IPO Size: | Approx ā¹600 Crores |
| Fresh Issue: | Approx ā¹250 Crores |
| Offer for Sale: | Approx ā¹350 Crores |
| Face Value: | ā¹10 Per Equity Share |
| Price Band: | ā¹113 to ā¹118 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | ā¹11 for Employees |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Shriram Properties IPO Market Lot
The Shriram Properties IPO minimum market lot is 125 shares with ā¹14,750 application amount. The retail investors can apply up-to 13 lots, 1625 shares with ā¹191,750 application amount.
| Minimum Lot Size: | Minimum 125 Shares for 1 lot |
| Minimum Amount: | ā¹14,750 for 1 lot |
| Maximum Lot Size: | Maximum 1625 Shares for 13 lot |
| Maximum Amount: | ā¹191,750 for 13 lot |
Shriram Properties IPO Date, Time Table, Allotment & Listing
The Shriram Properties IPO date is 08 December 2021 and the IPO close date is 10 December 2021. The allotment date is 15 December 2021 and the IPO may list on 20 December 2021.
| Price Band Announcement: | 03 December 2021 |
| Anchor Investors Allotment: | 07 December 2021 |
| IPO Open Date: | 08 December 2021 |
| IPO Close Date: | 10 December 2021 |
| Basis of Allotment: | 15 December 2021 |
| Refunds: | 16 December 2021 |
| Credit to Demat Account: | 17 December 2021 |
| IPO Listing Date: | 20 December 2021 |
Shriram Properties IPO Listing FAQs:
When is Shriram Properties IPO Listing Date?
Shriram Properties IPO listing date is 20 December 2021, Monday.
What will be the estimated listing price of Shriram Properties stock?
As per the market speculations, the IPO might list at ā¹100 to ā¹125 level. If the market supports the stock might go on a higher side around ā¹140+ level while on the downside the stock might hit to ā¹90 level.
How many returns are expected in Shriram Properties IPO?
The IPO might give a listing loss of ā¹- to ā¹-.
What is Shriram Properties Share Price on Listing Day?
The IPO is listed at ā¹90.00 on NSE and at ā¹94.00 on BSE.
Will Shriram Properties will list on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.
Should I buy Shriram Properties shares on a listing day?
Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.
What is a BSE and NSE Code for the Shriram Properties IPO?
The BSE Code is 543419 while NSE Code is SHRIRAMPPS.
