Issue Price
₹41
Per Share
GMP
NIL
Grey Market
Est. Listing
₹41
Expected Price
Min. Application
₹246,000
2 lots × 3000 shares
Incorporated in 2010, Srivasavi Adhesive Tapes Limited is engaged in manufacturing, coating, converting, and Die cuts of industrial Specialty self-adhesive tapes. Srivasavi is an ISO 9001:2015 certified company certified by TUV Nord.Srivasavi Adhesive Tapes Limited customized die cuts of Films, Foams, and allied products. 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 widely has two business divisionsDomestic SalesExportsThe company has a presence in 23 states in the domestic market base. And Internationally they supply products in including Egypt, United State of America, France, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Indonesia, Sri Lanka, and UAE based on sales made for the period ended September 30, 2022.
Srivasavi Adhesive Tapes Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 192,000 | — | ₹0.79 Cr | — |
| TOTAL | 3,780,000 | 100.00% | ₹15.50 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹123,000 |
| Retail (Max) | 13 | 39,000 | ₹1,599,000 |
| sNII (Min) | 14 | 42,000 | ₹1,722,000 |
| bNII (Min) | 68 | 204,000 | ₹8,364,000 |
| Particulars | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 3072.61 | 6392.19 | 5566.61 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 180.73 | 362.12 | 187.34 |
| Net Worth | 1224.25 | 1043.53 | 681.41 |
| Total Assets | 3051.98 | 2763.35 | 2263.66 |
| Reserves & Surplus | 184.84 | 918.80 | 556.68 |
| Total Borrowings | 600.06 | 607.08 | 395.02 |