The Initial Public Offering (IPO) of Shri Ahimsa Naturals Limited has officially opened for subscription on Tuesday, March 25. Investors looking to participate in this exciting opportunity can apply for the IPO online. The price band for this IPO has been set between ₹113 and ₹119 per share, offering a fresh issue of 42.04 lakh shares, alongside an offer for sale worth ₹23.79 crores.
The IPO aims to raise a total of ₹73.81 crores, with the funds primarily directed towards investing in Ahimsa Healthcare Private Limited, a wholly-owned subsidiary of Shri Ahimsa Naturals. The company intends to use the capital to set up a state-of-the-art manufacturing facility in Jaipur, enhancing its production capabilities. A section of the funds will be allocated for corporate purposes.
Shri Ahimsa Naturals IPO: Lot size and investment details
For those looking to apply for the IPO online, the minimum lot size is one lot consisting of 1,200 shares. The minimum investment for retail investors will amount to ₹1,35,600, while High Net-worth Investors (HNIs) can apply for two lots, making their total investment ₹2,85,600.
The allotment of shares has been structured to benefit a diverse range of investors. The company has allocated at least 50% of the net offer to Qualified Institutional Buyers (QIBs), 35% to retail investors, and the remaining 15% to non-institutional investors. These allocations ensure that there is broad participation in the IPO, providing opportunities for various investor categories to apply for the IPO online.
Shri Ahimsa Naturals IPO allotment and listing date
For those eagerly awaiting their allotment, Shri Ahimsa Naturals has announced that the IPO allotment will be finalised on March 28, 2025. Refunds for non-allottees will be initiated on April 1, 2025. Successful investors will see their shares credited to their Demat accounts on the same day, ensuring smooth and timely processing. The stock is expected to be listed on the NSE SME platform Emerge on April 2, marking a significant milestone for the company.
The IPO is being managed by Srujan Alpha Capital Advisors Limited as the book-running lead manager. Cameo Corporate Services Limited has been appointed as the registrar to handle the allotment and share transfer processes.
About Shri Ahimsa Naturals
Shri Ahimsa Naturals is engaged in the extraction and manufacturing of green coffee bean extracts (GCE), caffeine anhydrous natural, and crude caffeine. The company also trades in other herbal extracts, catering to industries such as food and beverages, cosmetics, nutraceuticals, and pharmaceuticals due to their health benefits. The company has a strong export-focused operation, supplying its products to over 14 countries, including the USA, South Korea, Germany, the UK, and Thailand.
The expansion of its manufacturing facility in Jaipur is a major part of the company's growth strategy, aimed at increasing production capacity to meet the growing global demand for its high-quality natural extracts.
How to apply for the Shri Ahimsa Naturals IPO online?
Investors who want to apply for the IPO online can do so through various platforms such as stockbroking websites and mobile apps. The process is straightforward, and applicants will need to follow the steps provided by their platform of choice. To ensure that you can secure your allotment, make sure to apply for the IPO online before the closing date on March 27, 2025.
Summing up
The listing of the IPO on the NSE SME platform Emerge on April 2, 2025, will be a significant event, and investors can track the stock's performance in real-time. Following live stock updates will allow investors to stay informed about market trends, pricing, and any changes in the company’s stock valuation after listing.
The IPO's price band is set at ₹113 to ₹119 per share, with the total issue size being ₹73.81 crores. The IPO closes on March 27, and interested investors are encouraged to apply for the IPO online before the deadline. With its plans for expansion and a focus on global markets, Shri Ahimsa Naturals Limited is poised for continued success. Don't miss out on this exciting opportunity to be part of the company’s journey.
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