Shri Ahimsa Naturals IPO Receives 62.2x Subscription On Day 3; Check GMP Today
Shri Ahimsa Naturals IPO: Unlisted shares of Shri Ahimsa Naturals Ltd are currently trading at Rs 135 apiece, which is a 13.45 per cent premium (GMP) over the issue price of Rs 119.
Shri Ahimsa Naturals IPO: The initial public offering of Shri Ahimsa Naturals Ltd, which is set to be closed at 5 pm today (Thursday), has received a strong response from investors. Till 4:45 pm on the final day of bidding on Thursday, the Rs 73.81-crore NSE SME IPO received a 62.2 times subscription garnering bids for 25,72,94,400 shares as against 41,36,400 shares on offer.
So far, the retail category has been fully subscribed with 34.01 times subscription, while the NII has got a 182.77 times subscription. The QIB category has received a 21.23 times subscription.
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The price of the IPO, which was opened on Monday, March 25, has been fixed at Rs 119 apiece.
Shri Ahimsa Naturals IPO GMP Today
According to market observers, unlisted shares of Shri Ahimsa Naturals Ltd are currently trading at Rs 135 apiece, which is a 13.45 per cent premium (GMP) over the issue price of Rs 119. Its listing is scheduled to take place on the NSE SME on April 2.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Shri Ahimsa Naturals IPO: More Details
The Rs 73.81-crore Shri Ahimsa Naturals IPO is a combination of a fresh issue of 42.04 lakh shares aggregating to Rs 50.02 crores and an offer for sale of 19.99 lakh shares aggregating to Rs 23.79 crore.
The Shri Ahimsa Naturals IPO bidding started from March 25, 2025 and ended on March 27, 2025. The allotment for the Shri Ahimsa Naturals IPO is expected to be finalised on Friday, March 28, 2025. Shri Ahimsa Naturals IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, April 2, 2025.
The price of the Shri Ahimsa Naturals IPO is fixed at Rs 119 per share. The minimum lot size for an application is 1,200. For retail investors, the minimum amount of investment is Rs 1,35,600. But, it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to Rs 1,42,800. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to Rs 2,85,600.
Srujan Alpha Capital Advisors Llp is the book-running lead manager of the Shri Ahimsa Naturals IPO, while Cameo Corporate Services Limited is the registrar for the issue.The market maker for Shri Ahimsa Naturals IPO is Choice Equity Broking Private Limited.
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