Shri Ahimsa Naturals Limited (NSE SME)

Mar 25, 2025 - Mar 27, 2025

Price ₹113 - ₹119
Premium ₹15
Lot size 1200
Allotment Mar 28, 2025
Listing Apr 2, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 1200 142800 1735
HNI 2 2400 285600 737

Last updated on 27-Mar-2025 18:19:02

CategoryOfferedAppliedTimes
QIB11700002483880021.23
NIB884400161686800182.82
RETAIL20820007286760035
Total413640025939320062.71
Application Wise Breakup
CategoryApp. Received
QIB35
NIB5465
RETAIL60723
Total66223
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIB13.92295.5821.23
NIB10.521924.07182.82
RETAIL24.78867.1235
Total49.223086.7862.71
QIB Interest Cost Per Share (7 Days)
@7%
₹3.4
@8%
₹3.9
@9%
₹4.4
@10%
₹4.8
@11%
₹5.3
@12%
₹5.8
HNI Interest Cost Per Share (7 Days)
@7%
₹29.2
@8%
₹33.4
@9%
₹37.6
@10%
₹41.7
@11%
₹45.9
@12%
₹50.1
About

IPO Reservation

Investor CategoryShares Offered No. of Shares
Retail33.57%2082000
HNI14.26%884400
Anchor28.28%1754400
QIB18.86%1170000
Market Maker5.03%312000
Total100%6202800
 

Shri Ahimsa Naturals IPO Details

Issue Size62,02,800 shares
(aggregating up to ₹73.81 Cr)
Fresh Issue42,03,600 shares
(aggregating up to ₹50.02 Cr)
Offer for Sale19,99,200 shares of ₹10
(aggregating up to ₹23.79 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share Holding Pre Issue1,91,26,500 shares
Share Holding Post Issue2,33,30,100 shares
Market Maker Portion3,12,000 shares
Market MakerChoice Equity Broking

Key Performance Indicator (KPI)

KPISep-24Mar-24Mar-23
ROE9.78%22.25%58.58%
ROCE12.59%25.69%72.46%
RONW9.78%22.25%58.58%
D/E-0.020.07-0.09
EPS
(basic)
5.2510.1920.85
P/E
Pre IPO
12.19
P/E
Post IPO
14.25

Company Financials In Crores

Period EndedSep-24Mar-24Mar-23Mar-22
Assets1111037440
Revenue417910659
Profit After Tax10193811
Net Worth100846527
Reserves and Surplus81666022
Total Borrowing51436

About Company

Incorporated in 1990, Shri Ahimsa Naturals Limited specializes in extracting and manufacturing Caffeine Anhydrous, Green Coffee Bean Extracts, and Crude Caffeine, along with trading other herbal extracts. The company's products cater to industries such as food & beverage, nutraceuticals, cosmetics, and pharmaceuticals due to their various health benefits. Its product portfolio includes Natural Caffeine, extracted from coffee and tea seeds, widely used in energy drinks, soft drinks, cosmetics, and pharmaceuticals, and Green Coffee Bean Extract, sourced from unroasted coffee seeds, known for its antioxidant properties and potential weight loss benefits. The company exports to multiple international markets, including the USA, Germany, South Korea, the UK, and Thailand. For the period ending September 30, 2024, the company reported export revenues of ₹3,530.91 lakhs, while its export revenues for Fiscal 2023 and Fiscal 2022 stood at ₹7,463.71 lakhs and ₹5,633.50 lakhs, respectively, reaching ₹9,988.01 lakhs in the highest fiscal year. The company's manufacturing unit in Jaipur, Rajasthan, adheres to global quality and safety standards, including ISO 9001:2015, ISO 22000:2018, ISO 45001:2018, ISO 14001:2015, HACCP, and GMP, ensuring superior quality production. As of March 2025, the company employed approximately 80 employees.

Lead Manager(s)
Srujan Alpha Capital Advisors Llp 
Strength

Experienced Leadership – Led by a seasoned team with deep industry expertise, driving strategic growth and innovation.

Advanced Manufacturing & R&D – A technology-driven production facility in Jaipur, Rajasthan, ensuring high-quality products and continuous improvement.

Strong Client Relationships – Established long-term partnerships with global clients across the food & beverage, nutraceuticals, cosmetics, and pharmaceutical industries.

Weakness

Project Implementation Risks – The company's planned investment of ₹3,500 lakhs in its wholly owned subsidiary, Shri Ahimsa Healthcare Private Limited, for setting up a manufacturing unit is subject to potential delays, cost overruns, and dependency on Government approvals, which could impact operations and financial performance.

Audit Qualifications – The Statutory Auditors have included certain qualifications in their audit reports for the half-year ended September 30, 2024, and the fiscal years 2024, 2023, and 2022, which may raise concerns about financial reporting and compliance.

Vendor & Supply Chain Dependencies – Delays in procuring machinery, equipment, or completing civil and related works for the new manufacturing unit could disrupt expansion plans, leading to increased costs and operational setbacks.

Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: info@shriahimsa.com
Website: https://ipo.cameoindia.com/