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Shri Ahimsa Naturals SME IPO

Shri Ahimsa Naturals came to market through an SME IPO that opened on 25 March 2025 and closed on 27 March 2025, and the shares listed on 2 April 2025 on NSE SME. The price band was ₹113 to ₹119 per share and one lot was 1200 shares, so the minimum application was ₹1,42,800. The issue size was ₹73.81 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.

Cameo Corporate Services Limited was the registrar to the issue, and Srujan Alpha Capital Advisors Llp was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹113 to ₹119
Lot size
1200 shares
Minimum investment
₹1,42,800
Face value
₹10 per share
Issue size
₹73.81 crore
Fresh issue
42,03,600 shares (aggregating up to ₹50.02 crore)
Offer for sale
19,99,200 shares (aggregating up to ₹23.79 crore)
Listing at
NSE SME
Registrar
Cameo Corporate Services Limited
Lead managers
Srujan Alpha Capital Advisors Llp
Promoter holding before the issue
94.22%

Timeline

Opens
25 March 2025
Closes
27 March 2025
Allotment
28 March 2025
Listing
2 April 2025

Subscription status by day

Day
1
2
3

About Shri Ahimsa Naturals

Incorporated in 1990, Shri Ahimsa Naturals Limited produces and extracts Caffeine Anhydrous, Green Coffee Bean Extracts, and Crude Caffeine and also trades other herbal extracts. The products of the company have its application in the food & beverage, nutraceuticals, cosmetics and pharmaceutical industries as they are healthy.

The product range of the company includes the following:- Natural Caffeine:Is derived from seeds of several plants such as coffee and tea, whose caffeine finds application in energy drinks, soft drinks, cosmetics, and drugs. Green Coffee Bean Extract:Derived from green coffee seeds which are not roasted, this extract contains a lot of chlorogenic acid, a compound that has antioxidant activity as well as being beneficial for weight loss.

The company exports products to the USA, Germany, South Korea, the UK, Thailand, etc.For the period up to September 30, 2024, export revenue (including deemed exports) of the products of the Company stood at ₹3,530.91 lakhs, ₹7,463.71 lakhs, and ₹9,988.01 lakhs for Fiscal 2023 and ₹5,633.50 lakhs for Fiscal 2022.

The manufacturing unit is located at Jaipur, Rajasthan.The production plant follows 2015 [Quality Management System], 2018 ISO 22000 [Food Safety Management System], 2018 ISO 45001 [Occupational Health & Safety Management System], 2015 ISO 14001 [Environmental Management System], HACCP, and GMP standards for best quality. In March 2025, the company had approximately 80 workers.

As described in the offer document.

Objects of the issue

  • Investment in our Wholly-Owned Subsidiary, Shri Ahimsa Healthcare Private Limited (SAHPL) for setting up a manufacturing unit at Sawarda, Jaipur, Rajasthan
  • General Corporate Purposes

Financials (₹ crore)

Metric30-Sep-2431-Mar-2431-Mar-2331-Mar-22

Promoters

s Bimneer Investments Private Limited. Promoter holding 94.22% before the issue.

Valuation

EPS Pre IPO
₹9.76
EPS Post IPO
₹8.35
P/E Pre IPO
12.19
P/E Post IPO
14.25
ROE
22.25%
ROCE
25.69%
RoNW
22.25%
Debt/Equity
0.07
Price/Book
2.60

Registrar and allotment status

Registrar
Cameo Corporate Services Limited
Allotment status
https://ipo.cameoindia.com/
Phone
+91-44-28460390
Email
priya@cameoindia.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Shri Ahimsa Naturals SME IPO

What is Shri Ahimsa Naturals IPO?

Shri Ahimsa Naturals IPO was a ₹73.81 crore book-built issue, comprising a fresh issue of ₹50.02 crore and an offer for sale of ₹23.79 crore. It was priced at ₹113–₹119 per share with a lot size of 1,200 shares (₹1,42,800). The IPO was open from March 25 to March 27, 2025. Shares listed on NSE SME on April 2, 2025 at ₹140, a 17.6% premium to the issue price of ₹119. Cameo Corporate Services Limited is the registrar.

Srujan Alpha Capital Advisors Llp is the book running lead manager.

What is the price band of Shri Ahimsa Naturals IPO?

The price band of Shri Ahimsa Naturals IPO is ₹113 to ₹119 per share.

What is the lot size of Shri Ahimsa Naturals IPO?

The lot size of Shri Ahimsa Naturals IPO is 1200 shares.

What is the minimum investment for Shri Ahimsa Naturals IPO?

The minimum investment for Shri Ahimsa Naturals IPO is approximately ₹1,42,800 based on the upper price band.

What is the allotment date of Shri Ahimsa Naturals IPO?

The allotment date of Shri Ahimsa Naturals IPO is Mar 28, 2025.

What was the GMP of Shri Ahimsa Naturals IPO before listing?

Shri Ahimsa Naturals IPO's final recorded GMP before listing was ₹15 per share (a 13% premium over the ₹119 upper price band). The shares listed at ₹140. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Shri Ahimsa Naturals IPO allotment status?

You can check Shri Ahimsa Naturals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shri Ahimsa Naturals IPO allotment status on Rupix for quick and easy access.

What was the price band of the Shri Ahimsa Naturals SME IPO?

₹113 to ₹119 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Shri Ahimsa Naturals SME IPO?

One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,42,800. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Shri Ahimsa Naturals SME IPO?

₹1,42,800, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Shri Ahimsa Naturals SME IPO open and close?

It opened on 25 March 2025 and closed on 27 March 2025.

When was the allotment of the Shri Ahimsa Naturals SME IPO?

The basis of allotment was published on 28 March 2025 by Cameo Corporate Services Limited, and allotted shares were credited to demat accounts before listing.

When did Shri Ahimsa Naturals list on NSE SME?

The shares listed on 2 April 2025 on NSE SME.

How large was the Shri Ahimsa Naturals SME IPO?

The issue size was ₹73.81 crore. The fresh issue was 42,03,600 shares (aggregating up to ₹50.02 crore). The offer for sale was 19,99,200 shares (aggregating up to ₹23.79 crore).