Home  »  Ipo Review  »  Srivasavi Adhesive Tapes Ipo

Let’s have a detailed review of the company and analytics of the Srivasavi Adhesive Tapes IPO release date, IPO offer price, subscription, Srivasavi Adhesive Tapes Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face Value Rs 10
Price Band Rs 41
Listing At NSE, SME
Min. Order Quantity 3000 Shares
Listing Date Mar 9, 2023
Offer for Sale Rs Lakh
Fresh Issue Rs 1,550 Lakh
IPO Size Rs 1,550 Lakh
Tick Size 1

Srivasavi Adhesive Tapes IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Live Performance – Srivasavi Adhesive Tapes Share Price

Srivasavi Adhesive Tapes IPO – Summary

Srivasavi Adhesive Tapes IPOThey are an ISO 9001:2015 certified company certified by TUV Nord and engaged in manufacturing/ coating, converting and Die cuts of industrial Specialty self-adhesive tapes,

They do customized die cutes of Films, Foams and allied products catering 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

Also, serves 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.

The Promoter of this company is D N ANILKUMARA AND ASHWINI D A. The lead manager to the issue is SHRENI SHARES PRIVATE LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.

Srivasavi Adhesive Tapes IPO Date

The opening and closing dates of Srivasavi Adhesive Tapes IPO are Feb 23, 2023 and Feb 28, 2023 respectively.

Srivasavi Adhesive Tapes IPO Subscription

Day / Date NII RII Total Subscription
1st Day – 23rd Feb 0.68x 0.18x 0.43x
2nd Day –  24th Feb 1.15x 0.41x 0.78x
3rd Day – 27th Feb 1.46x 1.39x 1.42x
4th Day – 28th Feb 7.11x 8.27x 7.69x
Shares Offered or Net Issue 1,794,000 1,794,000 3,588,000

The shares subscribed by the public will be updated here.

Srivasavi Adhesive Tapes IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Srivasavi Adhesive Tapes Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment Finalization Mar 3, 2023
Refunds Initiation Mar 6, 2023
Credit of Shares to Demat Account Mar 8, 2023
Share Listing Date Mar 9, 2023

Srivasavi Adhesive Tapes IPO Price Band

The face value of each share is Rs.10, but the price band of the IPO is Rs.41 

Srivasavi Adhesive Tapes IPO Equity Size

This Initial Public Issue of 3,780,000 Equity Shares of Rs.10 each for cash at a price of Rs.41 per equity share aggregating to Rs.1,550 Lakh.

Srivasavi Adhesive Tapes IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 3,780,000 Equity Shares of Rs.10/ each.

Issue Size: 3,780,000 Equity Shares of Rs.10 each, aggregating to Rs.1,550 Lakh

Open Free Demat Account Now!

    Fill Your Details Here
    1. Open Demat AccountInvest in IPO

    Srivasavi Adhesive Tapes IPO – Live Performance

    The listing date of this IPO is Mar 9, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Srivasavi Adhesive Tapes Share Price

    Srivasavi Adhesive Tapes IPO Grey Market Premium

    The Srivasavi Adhesive Tapes Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X. 

    Srivasavi Adhesive Tapes IPO – Company Overview

    They have two business divisions (i) domestic sales; and (ii) exports. They have presence in 23 states for their domestic market based on sales made for the period ended September 30, 2022.

    Internationally they supply products in 13 countries such as Egypt, France, Indonesia, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Sri Lanka, United State of America and UAE based on sales made for the period ended September 30, 2022.

    For the period ended September 30, 2022 and for the Fiscals 2022, 2021 and 2020 their revenue from exports was Rs 39.45 lakhs, Rs. 288.58 lakhs, Rs. 341.55 lakhs and Rs. 217.85 lakhs contributed 1.29%, 4.55%, 6.18%, and 4.74% respectively of their revenue from operations.

    Srivasavi Adhesive Tapes IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Lakh)
    30-Sep-22 31-Mar-22 Mar-21 31-Mar-20
    Total Assets 3051.98 2763.35 2263.66 2038.86
    *Total Revenue 3072.61 6392.19 5566.61 4634.50
    Total Expense 2849.66 5908.31 5311.51 4457.98
    Profit After Tax 180.73 362.12 187.34 101.13

    Earnings per Equity Share (in Lakh)

    30-Sep-22 31-Mar-22 Mar-21 31-Mar-20
    Basic & Diluted 1.74 3.48 1.80 0.97

    Further, their PAT for the period ended on Sep 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 180.73 Lakh, Rs. 362.12 Lakh, Rs. 187.34 Lakh and Rs. 101.13 Lakh respectively.

    Srivasavi Adhesive Tapes IPO – Promoters

    The Promoter of this company is:

    2. ASHWINI D A

    List of Related Parties (Key Managerial Personnel)

    • D N Anilkumara, Chairman and Managing Director
    • Ashwini D A, Executive Director
    • Rathnamma K N, Non-Executive Director
    • Prajakta Sangoram, Non-Executive Independent Director
    • Gopi D K, Non-Executive Independent Director
    • Giriraj Bhutra, Non-Executive Independent Director

    Srivasavi Adhesive Tapes IPO – Promoters Holding

    • Pre-Issue Share Holding – 99.84%
    • Post Issue Share Holding – 73.21%

    Srivasavi Adhesive Tapes IPO Offer Details or Issue Details

     Particulars  No. Of Equity Shares
     Equity Shares Offered  Up to 37,80,000 Equity Shares aggregating up to Rs.1,549.80 Lakh
    of which:
    Issue Reserved for the Market Makers Up to 1,92,000 Equity Shares aggregating up to Rs.78.72
    Net Issue to the Public Up to 35,88,000 Equity Shares aggregating up to Rs.1,471.08
    Of which:
    Retail Investors Portion Not less than 17,94,000 Equity Shares
    Other than Retail Individual Investors Not more than 17,94,000 Equity Shares
     Equity Shares outstanding prior to the Issue 1,03,94,166 Equity Shares
     Equity Shares outstanding after the Issue 1,41,74,166 Equity Shares

    Srivasavi Adhesive Tapes IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. Funding working capital requirements; and
    2. General corporate purposes.

    Srivasavi Adhesive Tapes IPO – Business Strategy

    • Focus on Consultancy Business and spreading awareness about carbon neutrality
    • Increase the use of technology to improve operational efficiency
    • Expanding their customer base
    • Creating awareness to reduce carbon emissions

    Srivasavi Adhesive Tapes IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Their Product portfolio.
    • Customer base across geographies and industries.
    • Leveraging the experience of their promoters.
    • Quality assurance.

    The relevant quantitative factors are:

    Basic & Diluted EPS RONW (%) NAV (Rs.)
    31-Mar-22 3.48 34.70 10.04
    31-Mar-21 1.80 27.49
    Mar-20 0.97 20.47

    Srivasavi Adhesive Tapes IPO: Competitive Peers

    Face Value (Rs.) P/E EPS  (Rs.) Return on Net Worth (%) Total Income (Rs. in Lakhs)
    Srivasavi Adhesive Tapes Limited 10 [●] 3.48 34.70 6392.19
    Listed Peers

    Srivasavi Adhesive Tapes IPO Lead Managers

    Lead Managers
    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.
    Telephone: 22-2808 8456
    E-mail: shrenishares@gmail.com
    Investors Grievance e-mail: info@shreni.in
    Contact Person: Krunal Pipalia
    Website: www.shreni.in
    SEBI Registration Number: INM000012759

    Srivasavi Adhesive Tapes IPO Registrar to offer

    Registrar to the Offer
    Office No S6-2, 6th floor Pinnacle Business Park, Next to Ahura Centre, Mahakali
    Caves Road, Andheri (East) Mumbai – 400 093, Maharashtra, India.
    Telephone: 022 – 6263 8200
    E-mail: ipo@bigshareonline.com
    Investor grievance e-mail: investor@bigshareonline.com
    Website: www.bigshareonline.com
    Contact Person: Swapnil Kate
    SEBI Registration No.: INR000001385

    Srivasavi Adhesive Tapes IPO – Other Details

    • Statutory Auditor – M/s C S M R & Associates, Chartered Accountants
    • Legal Counsel to the Company – Asha Agarwal & Associates
    • Bankers to the Company –  Kotak Mahindra Bank Limited

    Srivasavi Adhesive Tapes IPO Review by Stock Brokers

    Top Stock Brokers Review Company Reputation Competitive Edge Financial Statement Popularity Index Promoters Reputation
    Angel Broking 7.5/10 7.4/10 8.5/10 8.1/10 7.1/10
    Sharekhan 7.2/10 7.1/10 8.6/10 8.1/10 7.2/10
    Kotak Securities 7.3/10 7.5/10 8.4/10 8.1/10 7.3/10
    ICICI Direct 7.3/10 7.3/10 8.7/10 8.1/10 7.1/10
    IIFL 7.5/10 7.2/10 8.8/10 8.0/10 7.1/10
    Edelweiss 7.5/10 7.4/10 8.4/10 8.3/10 7.2/10
    Zerodha 7.4/10 7.1/10 8.5/10 8.1/10 7.0/10
    5Paisa 7.1/10 7.1/10 8.4/10 8.1/10 7.1/10
    Karvy 7.4/10 7.3/10 8.2/10 8.1/10 7.1/10
    Motilal Oswal 7.1/10 7.1/10 8.6/10 8.3/10 7.2/10


    Subscribe to Srivasavi Adhesive Tapes IPO

      Fill Your Details Here
      1. Open Demat AccountInvest in IPO

      Srivasavi Adhesive Tapes Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download

      Srivasavi Adhesive Tapes IPO Review FAQs

      Check out various FAQs related to Srivasavi Adhesive Tapes IPO:

      What is the Issue Size of Srivasavi Adhesive Tapes IPO?

      The Company is making an initial public offer of 3,780,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      What is the Price band of Srivasavi Adhesive Tapes IPO?

      The price band for this particular IPO ranges between Rs 41. As far as the face value of the share is of concern, it is Rs.10 per share.

      What is the Srivasavi Adhesive IPO Open Date?

      The opening and closing dates for this IPO have been updated. The IPO is set to open on Feb 23, 2023, while the closing date is set at Feb 28, 2023.

      What is the Srivasavi Adhesive IPO Allotment Date?

      They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on Mar 3, 2023, refund initiation is on Mar 6, 2023, credit of shares is on Mar 8, 2023, and share listing date is on Mar 9, 2023.

      What is the Srivasavi Adhesive IPO Listing Date?

      Shares of this company shall be listed in the exchanges Mar 9, 2023. The date, when the listing would be done, is stagnant on Mar 9, 2023.

      Who is the Registrar of Srivasavi Adhesive IPO?

      One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Pvt Ltd. Their website will help you regarding the further information you are on the lookout for.

      Who is the Promoter of Srivasavi Adhesive IPO?

      Here are the promoters of this IPO – D N ANILKUMARA AND ASHWINI D A. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

      What is the GMP of Srivasavi Adhesive IPO?

      They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.

      Is Srivasavi Adhesive Tapes IPO good for Investment?

      They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      What is the PAT of Srivasavi Adhesive Tapes Company?

      They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 362.12, 2021 is 187.34, and 2020 is 101.13. PAT from Sep 2022 is 180.73.

      Calculate your return on investment!

      Asset Class ROI (Rs.) Profit (Rs.) Profit (%)
      Real Estate
      Fixed Deposit
      Mutual Fund

      Featured Topics


      Get 100% IPO Allotment Guarantee! Subscribe to IPO