Shrenik Limited IPO

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Shrenik Ltd is (SL) primarily engaged in the business of trading of different types of papers in Gujarat and Rajasthan through the distribution channel. They offer coated papers, notebook papers, photocopy papers, folding box boards, etc.
The company serves customers with a variety of papers like copier, maplitho, coated paper, FBB Board and a speciality paper commodity royal executive bond. Besides being a wholesaler they have also introduces its own brand Shrenik covering copier, sticker sheet etc. Its customer base in Gujarat and Rajasthan is around 3000 plus. They are also a wholesaler for Tamil Nadu Newsprint and Papers Ltd in Gujarat and for Asia Pulp in Gujarat and Rajasthan. Its sticker sheets are used in soap and pharma industries, and stationery business.

Shrenik Limited IPO Stock Quote & Charts

39.40

+5.49%

  • Open: 37.50
  • High - Low: 40.00 - 36.80
  • Previous Close: 37.35
  • Total Traded Volume: 351747
  • Updated On: 24-Dec-2019

Objects of the Shrenik Limited IPO:

1. Fulfil working capital requirements 2. General corporate purpose

Shrenik Limited IPO Details:

Open Date: Jul 06 2017
Close Date: Jul 10 2017
Total Shares: 5,400,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 21.60 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 40 Per Equity Share
Listing At: NSE Emerge
Listing Date: Jul 18 2017

Promoters And Management:

1. Shrenikbhai Vimawala 2. Rishit Vimawala

Lead Manager of Shrenik Limited IPO:

  1. Pantomath Capital Advisors Private Limited

Registrar of Shrenik Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Shrenik Limited D/87, Nava Anaj Bazar, Opp. Anupam Cinema, Khokhara, Ahemdabad - 380008 Phone: 079 22931502 Email: cs@shrenik.co.in Website: www.shrenik.co.in

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