Shree Ram Protiens Limited IPO
Incorporated in 2008, Shree Ram Proteins Ltd is Rajkot Gujarat based company engaged in the business of de-linting and de-hulling of cotton seeds by mechanical process, oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts.
The cotton linters are commonly used in manufacturing of papers and as raw materials for manufacture of cellulose. Cotton seeds oil cake, cotton seeds de oil cake and cotton hull are used as animal feeds. Cotton seed pre refine oil further process by refinery to convert in to edible oil.
Company’s manufacturing process is in three stages:
1. De-linting and de-hulling of Cotton seeds, this process result in manufacture of shot fiber (linter), and De-linted cotton Seeds
2. Cotton seeds oil extraction process result in pre refine cotton seeds oil and cotton seeds oil cake and
3. Solvent extraction process, result in pre refine wash oil and de-oil cotton seeds cake.
Objects of the Shree Ram Protiens Limited IPO:
Shree Ram Protiens Limited IPO Details:
|Open Date:||Jan 23 2018|
|Close Date:||Jan 25 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue IPO|
|Issue Size:||19.90 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 31 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Feb 05 2018|