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IPO Details


Shriram Properties Ltd
Registered Office: Lakshmi Neela Rite Choice Cham, New No 9 Bazullah Road T Nagar, Chennai - 600017, Tamil Nadu
Phone: 91-44-4001 4410
Email: cs.spl@shriramproperties.com
Website: www.shriramproperties.com
Initial public offer of 50,873,592* equity shares of face value of Rs. 10 each (Equity Shares) of Shriram Properties Limited (Company or Issuer) for cash at a price of Rs. 118* per equity share (including a share premium of Rs. 108 per equity share) aggregating to Rs. 600.00 crores (The Offer) comprising of a fresh issue of 21,212,576* equity shares aggregating to Rs. 250.00 crores (The Fresh Issue) and an offer for sale of 29,661,016* equity shares aggregating to Rs. 350.00 crores comprising of 7,708,009* equity shares aggregating Rs. 90.95 crores by Omega TC Sabre Holdings Pte. Limited; 707,156* equity shares aggregating to Rs. 8.34 crores by Tata Capital Financial Services Limited; 7,814,083* equity shares aggregating to Rs. 92.20 crores by TPG Asia SF V Pte. Ltd.; 11,313,124* equity shares aggregating to Rs. 133.49 crores by WSI/WSQI V (XXXII) Mauritius Investors Limited (collectively, the Investor Selling Shareholders) and 2,118,644* equity shares aggregating to Rs. 25.00 crores by the other selling shareholders (as defined hereunder) (the other selling shareholders collectively with the investor selling shareholders are referred to as the Selling Shareholders and such equity shares the Offered Shares) (Offer for Sale). The offer constitutes 29.99% of the post-offer paid-up equity share capital of the company. The offer included a reservation of 280,373* equity shares, aggregating up Rs. 3.00 crores, for subscription by eligible employees (as defined herein) not exceeding 0.17% of the post-offer paid-up equity share capital ('Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The net offer constitutes 29.83%, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 11.8 times the face value of the equity shares. *Subject to finalisation of the basis of allotment. #A discount of Rs. 11 per equity share was offered to eligible employees bidding in the employee reservation portion. Bids cans be made for a minimum of 125 equity and in multiple of 125 shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Dec-2021 10-Dec-2021 118.00 0.00
Minimum Application for shares in Nos : 125 Further Multiples of : 125
()Cr. Lead Managers to the Issue
Project Cost 250.00 Axis Capital Ltd
Project Financed through Current Offer 600.00
Post Issue Equity Share Capital 169.62
Issue Price 118.00
Projects
Repayment and/or pre-payment, in full or part, of certain Borrowings availed by the Company
General Corporate Purposes
Promoted By
M Murali
Shriram Properties Holdings P
Shriram Group Excutives Welfar
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

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