Shri Ahimsa Naturals IPO is scheduled to start on March 25, 2025, and will close on March 27, 2025. The allotment is expected to be finalized by March 28, 2025, with a tentative listing date set for April 2, 2025, on the NSE SME exchange.
This IPO is a book-built issue, aiming to raise ₹73.81 crores, comprising a fresh issue of 42.04 lakh shares worth ₹50.02 crores and an offer for sale (OFS) of 19.99 lakh shares totaling ₹23.79 crores.
The IPO price band is set between ₹113 and ₹119 per share. Investors can apply with a minimum lot size of 1,200 shares, requiring an investment of ₹1,35,600, while high-net-worth individuals (HNI) need to bid for at least 2 lots (2,400 shares) amounting to ₹2,85,600.
Due to potential oversubscription, investors are advised to bid at the cutoff price, which may go up to ₹1,42,800 for a single lot. The IPO allocation is structured with 50% reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNI/NII), and 35% for retail investors.
Financially, the company recorded a revenue of ₹78.70 crores in FY24, compared to ₹106.14 crores in FY23. The net profit stood at ₹18.67 crores in FY24, down from ₹38.21 crores in FY23. While the financials indicate a decline, long-term investors may find potential in the company’s growth prospects.
Overview of Contents
About Shri Ahimsa Naturals IPO
Shri Ahimsa Naturals Limited, incorporated in 1990, is engaged in the extraction and manufacturing of natural caffeine, green coffee bean extracts (GCE), and crude caffeine. The company supplies its products to industries such as food & beverage, nutraceuticals, cosmetics, and pharmaceuticals. It sources crude caffeine from Vietnam and Mexico and has also been processing caffeine from coffee and tea waste since 2022.
The company exports to over 14 countries, including the USA, Germany, South Korea, the UK, and Thailand. In FY24, Shri Ahimsa Naturals reported revenue of ₹7,463.71 lakhs, with exports contributing ₹3,530.91 lakhs. Its manufacturing unit in Jaipur, Rajasthan, is ISO-certified and follows GMP and HACCP guidelines. With an experienced management team and strong client relationships, the company aims for long-term growth.
Shri Ahimsa Naturals IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Shri Ahimsa Naturals IPO Overview
| IPO Details | Shri Ahimsa Naturals IPO |
|---|---|
| IPO Opening Date | March 25, 2025 |
| IPO Closing Date | March 27, 2025 |
| Bid Date | March 24, 2025 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per share |
| Issue Price Band | ₹113 to ₹119 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 62,02,800 shares (₹73.81 Cr) |
| Fresh Issue | 42,03,600 shares (₹50.02 Cr) |
| Offer for Sale (OFS) | 19,99,200 shares (₹23.79 Cr) |
| Pre-Issue Shareholding | 1,91,26,500 shares |
| Post-Issue Shareholding | 2,33,30,100 shares |
| Market Maker Portion | 3,12,000 shares |
| Listing Exchange | NSE SME |
| Expected Listing Date | April [.] 2025 |
| Anchor Portion Size | ₹20.88 Cr |
| Shares Offered in Anchor Round | 17,54,400 |
| Anchor Lock-in Period (50% Shares) | Until April 27, 2025 |
| Anchor Lock-in Period (Remaining 50%) | Until June 26, 2025 |
| Qualified Institutional Buyers (QIBs) | Not more than 50% of Net Offer |
| Retail Investors | Not less than 35% of Net Offer |
| Non-Institutional Investors (HNI/NII) | Not less than 15% of Net Offer |
Shri Ahimsa Naturals IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,42,800 |
| Retail (Max) | 1 | 1200 | ₹1,42,800 |
| HNI (Min) | 2 | 2,400 | ₹2,85,600 |
Shri Ahimsa Naturals IPO Dates
| Event | Date & Day |
|---|---|
| IPO Opening | Tuesday, March 25, 2025 |
| IPO Closing | Thursday, March 27, 2025 |
| UPI Mandate Cut-off Time | March 27, 2025 (5:00 PM) |
| Allotment Finalization (Tentative) | Friday, March 28, 2025 |
| Refund Initiation | Tuesday, April 1, 2025 |
| Shares Credited to Demat | Tuesday, April 1, 2025 |
| Listing on Stock Exchange (Tentative) | Wednesday, April 2, 2025 |
Objects of the Issue
- Investment in Shri Ahimsa Healthcare Pvt. Ltd. (SAHPL) for setting up a new facility in Sawarda, Jaipur – ₹350 Cr
- Funds allocated for business growth and operational needs.
Shri Ahimsa Naturals IPO Promoter Holding
The promoters of Shri Ahimsa Naturals IPO include Mr. Nemi Chand Jain, Mrs. Sumitra Jain, Mr. Amit Kumar Jain, Mr. Sumit Jain, Mrs. Prerna Jain, along with Ahimsa Holdings Pvt. Ltd. and Bimneer Investments Pvt. Ltd. Below is the promoter shareholding structure before and after the IPO:
| Stage | Shareholding (%) |
|---|---|
| Before IPO | 94.22% |
| After IPO | [To be updated] |
Shri Ahimsa Naturals IPO Financial Performance
| Financial Metrics | Sep 30, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Total Assets (₹ Cr.) | 111.39 | 103.15 | 74.13 | 40.34 |
| Total Revenue (₹ Cr.) | 41.37 | 78.70 | 106.14 | 58.94 |
| Net Profit (₹ Cr.) | 9.74 | 18.67 | 38.21 | 11.02 |
| Net Worth (₹ Cr.) | 99.67 | 83.89 | 65.22 | 27.02 |
| Reserves (₹ Cr.) | 80.54 | 65.57 | 59.99 | 21.78 |
| Total Debt (₹ Cr.) | 4.85 | 13.83 | 3.43 | 6.36 |
Shri Ahimsa Naturals IPO – Key Performance Indicators (KPI)
| Metric | Value |
|---|---|
| Return on Capital Employed (ROCE) | 25.69% |
| Return on Equity (ROE) | 22.25% |
| Return on Net Worth (RoNW) | 22.25% |
| Profit After Tax (PAT) Margin | 23.91% |
| EBITDA Margin | 35.12% |
| Debt-to-Equity Ratio | 0.07 |
| Earnings Per Share (EPS) (Basic) | ₹10.19 |
| Net Asset Value (NAV) per Share | ₹45.79 |
| Price-to-Earnings (P/E) Ratio | N/A |
Shri Ahimsa Naturals IPO Review
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
📜 IPO Registrar
📌 Cameo Corporate Services Limited
📞 +91-44-28460390
✉️ [email protected]
🌐 ipo.cameoindia.com
🏦 Lead Manager:
📌 Srujan Alpha Capital Advisors LLP
📍 Company Address
🏢 Shri Ahimsa Naturals Limited
📍 E-94, RIICO Industrial Area, Bagru Ext., Bagru
📞 0141-2202482
✉️ [email protected]
🌐 naturalcaffeine.co.in
Shri Ahimsa Naturals IPO FAQs
When is the Shri Ahimsa Naturals IPO open for subscription?
The IPO opens on March 25, 2025, and closes on March 27, 2025.
What is the price band and lot size for the IPO?
The price band is ₹113 to ₹119 per share, and the minimum lot size is 1,200 shares.
When will the allotment be finalized and listing take place?
The allotment is expected on March 28, 2025, and listing on April 2, 2025, at NSE SME.
How is the IPO structured in terms of fresh issue and offer for sale?
The IPO includes a fresh issue of 42.04 lakh shares (₹50.02 Cr) and an offer for sale of 19.99 lakh shares (₹23.79 Cr).
Who are the lead managers and registrar for the IPO?
Lead Manager: Srujan Alpha Capital Advisors LLP
Registrar: Cameo Corporate Services Limited