Strong Listing and Stellar Subscription Make Shree Ahimsa IPO a Winning Bet
New Delhi, April 2, 2025 – Business Desk – Shree Ahimsa Naturals Ltd, a manufacturer of caffeine anhydrous, green coffee bean extracts, and crude caffeine, made a power-packed debut on the NSE SME platform, rewarding IPO investors with a whopping 23.53% gain on listing day.
IPO Listing Performance
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IPO Issue Price: ₹119 per share
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Listing Price: ₹140 (17.65% premium)
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Upper Circuit Price: ₹147
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Day-One Gain for Investors: 23.53%
Shares opened with strong buying interest and surged rapidly to hit the upper circuit limit of ₹147 shortly after listing, indicating robust demand and investor confidence.
Massive IPO Subscription Led to Strong Debut
The ₹73.81 crore IPO saw overwhelming investor response, being oversubscribed 62.71 times overall:
| Investor Category | Subscription |
|---|---|
| QIB (Qualified Institutional Buyers) | 21.23x |
| NII (Non-Institutional Investors) | 182.82x |
| Retail Investors | 35.20x |
The IPO comprised:
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Fresh issue of ₹50.02 crore
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Offer for Sale (OFS): 19,99,200 equity shares (₹10 face value)
Utilization of IPO Funds
Shree Ahimsa Naturals plans to use the IPO proceeds for:
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Establishing a manufacturing unit in Savarda, Jaipur
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Meeting working capital requirements
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Supporting general corporate purposes
Financial Overview: Strong Revenue, Volatile Profits
While the company has shown strong revenue performance, its profit margins have fluctuated over the last few years:
| Financial Year | Net Profit (₹ Cr) | Revenue (₹ Cr) |
|---|---|---|
| FY 2021–22 | ₹11.02 | – |
| FY 2022–23 | ₹38.21 | – |
| FY 2023–24 | ₹18.67 | – |
| H1 FY 2024–25 (Apr–Sep) | ₹9.74 | ₹41.37 |
Despite the dip in profits in FY24, the company’s growth in revenue and niche product line have made it a favored choice among investors in the SME segment.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.