Srivasavi Adhesive IPO GMP | Details, Date, Price, Review

Srivasavi Adhesive IPO GMP, Srivasavi Adhesive IPO Details, Srivasavi Adhesive IPO Date, Srivasavi Adhesive IPO Price, Srivasavi Adhesive IPO Review, Srivasavi Adhesive IPO Allotment

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Srivasavi Adhesive Tapes IPO Details ( Srivasavi Adhesive IPO Review )

(23 Feb 2023 – 28 Feb 2023)

Srivasavi Adhesive Tapes Limited, established in 2010, specializes in producing, coating, converting, and die-cutting industrial specialty self-adhesive tapes. The company has received ISO 9001:2015 certification from TUV Nord, attesting to its commitment to quality.

Srivasavi Adhesive Tapes Limited offers tailored die cuts of films, foams, and related materials to meet the specific needs of industries such as automotive, locomotives, aerospace, defense, electrical and electronics, renewable energy, print and paper, food and pharmaceuticals, fast-moving consumer goods, white and brown goods, furniture, retail, construction, infrastructure, sports and fitness equipment, as well as textiles and leather industries.

Srivasavi Adhesive Tapes Limited provides a comprehensive selection of pressure-sensitive adhesive tapes, including BOPP tapes, eco-friendly paper tapes, filament tapes, double-sided tapes, packaging tapes, specialty protection tapes, surface protection tapes, masking tapes, as well as specialty foams and films, to meet the various needs of its customers.

Srivasavi Adhesive widely has two business divisions:

  1. Domestic Sales
  2. Exports

Srivasavi Adhesive Tapes Limited maintains a strong domestic presence, operating in 23 states within the country. In addition, the company exports its products to various countries, including Egypt, the United States of America, France, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Indonesia, Sri Lanka, and the United Arab Emirates. This information is based on the company’s sales figures for the period ending on September 30, 2022.

Srivasavi Adhesive Company Product:

  1. Acrylic Foam Tapes
  2. Polyimide Kapton Tape
  3. Green Polyester Tape
  4. General Purpose Masking Tapes
  5. Double Sided Adhesive Tapes
  6. Double Sided Polyester Tapes
  7. Fine Line Masking Tapes
  8. Paper Tape
  9. Cross Filament Tape
  10. Double Sided PVC
  11. Seam Sealing Tape
  12. Duct Tape
  13. HDPE Packing Tape
  14. Aluminium Foil Tape
  15. PVC Wire Harness Tape
  16. Floor Marking Tape
  17. Double Sided Tissue Tape
  20. Double Sided Cross Filament Tape
  21. Copper Foil Tape
  22. PVC Insulation Tape
  23. Blue Holding Tape
  24. Monta Tape
  25. Heat Seam Sealing Tape
  26. Pink Rayon Tape
  27. BOPP Packing Tape
  28. PUFOAM
  29. Double Sided Solar Mount Tape
  30. Bopp Hot Melt
  31. PTFE Coated Tape
  32. Paper Reinforced Tape
  33. Double Sided Cloth Tape
  34. DRY Wall Tape

Srivasavi Adhesive IPO Competitive Strength

  • Our Product portfolio
  • Customer base across geographies and industries
  • Leveraging the experience of our promoter
  • Quality assurance

Srivasavi Adhesive IPO Our Business Strategies

  • Expansion of our production capacity
  • Widen our product portfolio
  • Increase our customer network in existing markets and enter new geographical markets
  • Continue to improve operating efficiencies through technology enhancements

Srivasavi Adhesive IPO Financials Performance ( Results )

Srivasavi Adhesive Limited Financial Information ( Restated )

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPSNet WorthNAVReservesBorrowing

Objective of IPO Issue

  • Funding working capital requirements
  • General corporate purposes

Srivasavi Adhesive IPO Basic Details

IPO DateFeb 23, 2023 to Feb 28, 2023
Listing DateThursday, March 09, 2022
Face Value₹10 per share
Price₹41 per share
Lot Size3000 Shares
Issue Size3,780,000 shares of ₹10
(aggregating up to ₹15.50 Cr)
Fresh Issue3,780,000 shares of ₹10
(aggregating up to ₹15.50 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Price to Earing Ratio11.77x
NII (HNI) Shares Offered50% of the Offer
Retail Shares Offered50% of the Offer
Company PromotersD N Anilkumara and Ashwini DA
are the Promoters of the company.

Srivasavi Adhesive IPO Timetable

Srivasavi Adhesive IPO will open on Feb 23, 2023 and close on Feb 28, 2023. You can join Srivasavi Adhesive IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening DateFeb 23, 2023
Closing DateFeb 28, 2023
Basis of AllotmentMar 03, 2023
Initiation of RefundsMar 06, 2023
Credit of Shares to DematMar 08, 2023
Listing DateMar 09, 2023

Srivasavi Adhesive IPO Lot Size

For retail investors in Srivasavi Adhesive IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹123,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹123,000.

Retail (Min)13000₹123,000
Retail (Max)13000₹123,000
S-HNI (Min)26000₹246,000

Srivasavi Adhesive IPO Promoter Holding

Pre Issue Share Holding99.84%
Post Issue Share Holding73.21%

Srivasavi Adhesive IPO Valuation – FY2022

Earning Per Share (EPS)₹3.48 per Equity Share
Price/Earning (P/E) Ratio11.77x
Return on Net Worth (RoNW)34.70%
Net Asset Value (NAV)₹10.04 per Equity Share
Upper Price/Book Value (Price/BV) Ratio

Srivasavi Adhesive Ltd Peer comparison

Company NameCPM
Srivasavi Adhesive Tapes Limited4110.03.4811.7734.70
Hindustan Adhesives Limited20310.012.4416.325.51.74
3M India Limited22,25910.035463.111.29.39

Srivasavi Adhesive IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
08 March 2023₹3.5
07 March 2023₹3.5
06 March 2023₹3.5
05 March 2023₹2
04 March 2023₹2
03 March 2023₹2.5
02 March 2023₹2
01 March 2023₹2.5
28 February 2023₹2.5
27 February 2023₹2.5
26 February 2023₹3
25 February 2023₹2.5
24 February 2023₹2.5
23 February 2023₹2
22 February 2023₹0
21 February 2023₹0

Srivasavi Adhesive IPO Detail Video:

Srivasavi Adhesive IPO Subscription Status (Bidding Detail)

The Srivasavi Adhesive IPO on Feb 28, 2023 at 7:00:00 PM was subscribed 7.75 times, with the retail category being subscribed 8.38 times, the NII (Non-Institutional Investor) category being subscribed 7.12 times.


Srivasavi Adhesive IPO Prospectus

Srivasavi Adhesive IPO DRHPDownload
Srivasavi Adhesive IPO RHPDownload

Srivasavi Adhesive IPO Rating

Our Rating2.0/5.0

Srivasavi Adhesive Compnay Contact Information


Registered Office: No. B 100, KSSIDC Industrial Estate, Doddaballapura,
Bangalore 561 203, Karnataka, India.
Corporate Office: 17/2, 2nd Floor, Kodigehalli Main Road,
Sahakarnagar, Bangalore – 560 092 Karnataka, India.
Tel: 08023629383
Contact Person: Nikhil Jain, Company Secretary and Compliance Officer

Srivasavi Adhesive IPO Registrar


Address: Office No S6-2, 6th floor Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East) Mumbai – 400 093, Maharashtra, India.
Telephone: 022 – 6263 8200
Investor grievance e-mail:
Contact Person: Swapnil Kate
SEBI Registration No.: INR000001385

Srivasavi Adhesive IPO Lead Manager


Address: Office No. 102, 1st Floor, Sea Lord CHS, Plot No. 1/B, 1/A,
Survey No. A-12, Ram Nagar, Borivali (West), Mumbai- 400 092, Maharashtra, India.
Telephone: 22-2808 8456
Investors Grievance e-mail:
Contact Person: Krunal Pipalia
SEBI Registration Number: INM000012759

Srivasavi Adhesive IPO FAQs

What is the lot size of Srivasavi Adhesive IPO?

The total size of Srivasavi Adhesive IPO is ₹15.50 crores and this is a complete fresh Issue.

When will Srivasavi Adhesive IPO start?

Srivasavi Adhesive IPO will start from 23 Feb 2023 and IPO will close on 28 Feb 2023.

What is the open date of Srivasavi Adhesive IPO?

Srivasavi Adhesive IPO will open from 23 Feb 2023.

What is the last date ( close date ) of Srivasavi Adhesive IPO?

Srivasavi Adhesive IPO will close from 28 Feb 2023.

What is the price band of Srivasavi Adhesive IPO?

Srivasavi Adhesive IPO price band is ₹41.

What is the minimum amount required to apply for Srivasavi Adhesive IPO?

The minimum investment for retailers to apply for Srivasavi Adhesive IPO is ₹123,000 and the maximum investment is ₹123,000.

What is going on gray market premium of Srivasavi Adhesive IPO?

View gray market premium of Srivasavi Adhesive IPO by Clicking Here

How much is the GMP of Srivasavi Adhesive IPO?

Watch Srivasavi Adhesive IPO GMP Today: Click Here

What is the allotment date of Srivasavi Adhesive IPO?

The allotment date of Srivasavi Adhesive IPO is 03 March 2023.

How to check allotment status in Srivasavi Adhesive IPO?

To check the allotment status of Srivasavi Adhesive IPO, first of all go to the registrar website by clicking here, select your bad Srivasavi Adhesive IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Srivasavi Adhesive IPO?

The listing date of Srivasavi Adhesive IPO is 09 March 2023.

How much will be the listing gain in Srivasavi Adhesive IPO?

View listing gain of Srivasavi Adhesive IPO by Clicking Here

How much time Srivasavi Adhesive IPO is subscribed?

Total 7.75 times subscribed in Srivasavi Adhesive IPO out of which 8.38 times subscription was done in retail quota, and 7.12 times subscription in NII quota.

How to apply for Srivasavi Adhesive IPO from Upstox?

Click Here to see how to apply for Srivasavi Adhesive IPO from Upstox. (step by step)

How to apply for Srivasavi Adhesive IPO from Zerodha?

Click Here to see how to apply for Srivasavi Adhesive IPO from Zerodha. (step by step)

How to apply for Srivasavi Adhesive IPO from Angle One?

Click Here to see how to apply for Srivasavi Adhesive IPO from Angle One. (step by step)

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