Opening soonSMEMining & MineralsSPGCL

Sri Priyanka Geo Commex IPO

Sri Priyanka Geo Commex IPO is an SME IPO raising ₹95 Cr at ₹207 – ₹212 a share. The smallest application you can make is 600 shares, costing ₹1,27,200 at the top of the band. So far it has been subscribed 0.42× in total.

207 – 212
Price band
1,27,200
Minimum to apply (600 shares)
95 Cr
Issue size
Bidding opens
0.42×Subscribed · all exchanges

Only 42% of shares on offer have been bid for

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹207 – ₹212
Cut-off price₹212
Issue size₹95 Cr
Shares per lot600
Minimum application₹1,27,200
Minimum quantity1200
Face value₹10
Listing exchangesNSE
ISININE0WEN01019
Bidding hours10:00 – 17:00 IST
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.