Shri Ahimsa Naturals Ltd

Shri Ahimsa Naturals Ltd IPO

IPO Price Range: ₹113 - 119

Our Company primarily processes crude caffeine procured from multiple decaffeination plants. The primary raw material is crude caffeine, a bi-product of such decaffeination plants. We process crude caffeine to manufacture Green Coffee Beans Extracts (GCE) and Caffeine Anhydrous Natural. Our Companys business focused on extraction, manufacturing & sale of Caffeine Anhydrous Natural. To capitalize on this opportunity, our Company developed a process to extract GCE from the crude caffeine & subsequently added GCE to its product portfolio. In response to growing demand for other herbal extracts from its customers, Company expanded its product portfolio to include various herbal extracts in year 2021. Since 2022, our Company has started manufacturing Crude Caffeine from Tea waste & Coffee waste, which is sold in open market & also used for captive consumption.

Min Investment

₹1,42,800

IPO Size

₹73 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Shri Ahimsa Naturals Ltd

passed
Open Date25 Mar 2025
passed
Close Date27 Mar 2025
passed
Allotment Date28 Mar 2025
upcoming
Listing Date3 Apr 2025

IPO subscribed over

🚀 58.3817x

This IPO has been subscribed by 34.9989x in retail and 21.2297x in QIB.

Subscription Rate

Total Subscription58.3817x
Retail Individual Investors34.9989x
Qualified Institutional Buyers21.2297x
Non Institutional Investors183.1737x

Key Statistics

Bid Opening DateBid Opening Date25 Mar 2025
Bid Closing DateBid Closing Date27 Mar 2025
Allotment DateAllotment Date28 Mar 2025
Issue SizeIssue Size₹73.81Cr
Quantity in 1 lotQuantity in 1 lot1200

Strengths and Risks of Shri Ahimsa Naturals Ltd IPO

Strengths

Strengths

  • Experienced Promoters and Management Team.

  • Manufacturing facility supported by technology driven process and R&D capabilities.

  • Quality Service.

  • Long term relationship with the clients.

  • Healthy relationship with Crude Caffeine Suppliers.


Risks

Risks

  • The Primary Object to issue is Investment in Wholly Owned Subsidiary which is setting up a manufacturing unit (Proposed Project). Such Proposed Project is subject to the risk of unanticipated delays in implementation, cost overruns and certain Government approvals and licenses. If the company is unable to implement the expansion plans at the planned cost or time or unable to obtain Government approvals and licenses, it could materially and adversely impact its business, results of operations and financial condition.

  • Its Statutory Auditors have included certain qualifications in the annexure to their audit reports, for half year ended September 30, 2024 and the years ended March 31, 2024, March 31, 2023 and March 31, 2022.

  • The Company plans to invest an estimated sum of Rs. 3,500 lakhs out of the Net proceeds of the Issue in its Wholly Owned Subsidiary namely Shri Ahimsa Healthcare Private Limited for setting up a manufacturing unit (Proposed Project). Inthe event of any delay in placing these orders, or if the vendors are not able to provide the equipment / machinery or complete the civil and related works etc. in a timely manner, or at all, may result in time and cost over-runs.

  • A significant majority of its revenues from operations are derived from a limited number of customers.

  • The company is dependent on third parties for the supply of raw materials and such providers could fail to meet their obligations, which may have a material adverse effect on its business, results of operations and financial condition.

  • Some of the immediate relatives of its Promoters, who are deemed to be a part of the Promoter Group under SEBI ICDR Regulations have not provided consent and / or any confirmations, undertakings for them to be included as a members of the Promoter Group.

  • Its cost of production is exposed to fluctuations in the prices of raw material particularly Crude Caffeine and the Company has not entered into any agreement with respect to long-term supply for raw materials required.

  • Relevant documents of the Secretarial Records are not traceable by the Company.

  • The Company has not complied with certain financial covenants of the financing facility and debt facility in past.

  • In the Past, one of its Independent Director, Mr. Rakesh Kumar, was involved in a legal investigation by the Directorate General of GST Intelligence (DGGI).

Promoters Holding

Investors Holdings %
Nemi Chand Jain38.72%
Sumitra Jain13.61%
Amit Kumar Jain20.4%
Sumit Jain2.29%
Ahimsa Holdings Pvt Ltd8.09%

Frequently Asked Questions of Shri Ahimsa Naturals Ltd IPO

  • What is the size of the Shri Ahimsa Naturals Ltd IPO?

    The size of the Shri Ahimsa Naturals Ltd IPO is ₹73.81Cr .

  • What is 'pre-apply' for Shri Ahimsa Naturals Ltd IPO?

    'Pre-apply' for Shri Ahimsa Naturals Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Shri Ahimsa Naturals Ltd IPO order be placed?

    Your Shri Ahimsa Naturals Ltd IPO order will be placed on 25 Mar 2025.

  • What are the open and close dates of the Shri Ahimsa Naturals Ltd IPO?

    The open and close dates of the Shri Ahimsa Naturals Ltd IPO are 25 Mar 2025 to 27 Mar 2025.

  • What is the lot size and minimum order quantity of the Shri Ahimsa Naturals Ltd IPO?

    The lot size and minimum order quantity of the Shri Ahimsa Naturals Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Shri Ahimsa Naturals Ltd IPO?

    The potential listing gains on the Shri Ahimsa Naturals Ltd IPO will depend on various market factors and cannot be predicted with certainty.