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Srivasavi Adhesive Tapes IPO Details

Objects of the Offer

  • Funding working capital requirements
  • General Corporate Purpose

IPO Details, Price, Market Lot

IPO Details
IPO Open Date23 February 2023
IPO Close Date28 February 2023
IPO Issue Size3,780,000 shares of ₹10 (Aggregating up ₹1,549.80 lakhs)
Fresh Issue3,780,000 shares of ₹10 (Aggregating up ₹1,549.80 lakhs)
Offer for SaleNIL
Retail Portion50% of net offer
NII Portion50% of net offer
Market Maker portion192,000 equity shares (Aggregating up ₹78.72 lakhs)
Listing AtNSE EMERGE
IPO Price
Face Value₹10 per equity share
IPO Price₹41 per equity share
Employee Discount
IPO Issue TypeFixed price issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot3000 equity shares
Minimum Lot Size1 lot of 3000 equity shares
Maximum Lot Size1 lot of 3000 equity shares
Minimum Amount₹123,000
Maximum Amount₹123,000
IPO Market Lot For HNI
No. of Shares Per Lot3000 equity shares
Minimum Lot Size2 lots of 6000 equity shares
Minimum Amount₹246,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date23 February 2023
IPO Close Date28 February 2023
Basis of Allotment Date3 March 2023
Initiation of Refunds6 March 2023
Credit of Share to Demat Account8 March 2023
IPO Listing Date9 March 2023

Financial Report

Period EndedTotal Assets
(₹, Lakhs)
Total Revenue
(₹, Lakhs)
Profit After Tax
(₹, Lakhs)
EPS
(₹)
30 September 20223051.983072.61180.731.74
31 March 20222763.356392.19362.123.48
31 March 20212263.665566.61187.341.80
31 March 20202038.864634.50101.130.97

Srivasavi Adhesive Tapes Promotor & Promotor’s Holding

D N Anilkumara and Ashwini DA are the promoters of Srivasavi Adhesive Tapes.

Pre Issue Promotor Holding99.84% 
Post Issue Promotor Holding73.21%

Srivasavi Adhesive Tapes Promotor & Promotor's Holding

Company Address

Registered Office: No. B 100, KSSIDC Industrial Estate, Doddaballapura, Bangalore 561 203, Karnataka, India

Corporate Office: 17/2, 2nd Floor, Kodigehalli Main Road, Sahakarnagar, Bangalore – 560 092 Karnataka, India

  • Website: www.vasavitapes.com;
  • Email: investors@vasavitapes.com
  • Phone: 08023629383

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar

Bigshare Services Private Limited

  • Website: www.bigshareonline.com
  • Email: ipo@bigshareonline.com
  • Phone: 022 – 6263 8200
IPO Lead Manager

Shreni Shares Private Limited

  • Website: www.shreni.in
  • Email: shrenishares@gmail.com
  • Phone: 22-2808 8456

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