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SA

Shri Ahimsa Naturals IPO

Listed SME NSE SME

Price Band

₹113.0–119.0

Issue Size

₹73.81 Cr

Lot Size

1,200 shares

Min Investment

₹142,800

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹19.5 (16.39%)

Issue Price

₹119.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹17800

Paid only if allotted

Shri Ahimsa Naturals IPO AI Summary

  • Shri Ahimsa Naturals IPO is listed on NSE SME.
  • Price band: ₹113.0–₹119.0 per share, lot size 1,200 shares (min. investment ₹142,800).
  • Subscription window: 25 Mar–27 Mar 2025, listing on 02 Apr 2025.
  • Current GMP is +₹19.5 (16.39%), an estimated listing price of ₹139 — unofficial and can change daily.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Shri Ahimsa Naturals IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 27 Mar 2025 — not a current signal.

Subscribe 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Tue, 25 Mar 2025
IPO Close Date
Thu, 27 Mar 2025
Allotment Date
Fri, 28 Mar 2025
Refund Initiation
Tue, 01 Apr 2025
Credit of Shares
Tue, 01 Apr 2025
Listing Date
Wed, 02 Apr 2025
Listing Price
₹138.5 +16.39%

Subscription Status

Subscription data unavailable

Shri Ahimsa Naturals IPO Grey Market Premium (GMP) Today

GMP

+₹19.5

GMP %

+16.39%

Est. Listing

₹138.5

Updated: 25 Jul 2026 14:30

About the Company

Incorporated in 1990, Shri Ahimsa Naturals Limited extracts and manufactures Caffeine Anhydrous, Green Coffee Bean Extracts, and Crude Caffeine, also trading other herbal extracts. The company's products find its application in the food & beverage, nutraceuticals, cosmetics and pharmaceutical industries due to their health benefits. The company's product portfolio includes the following:- Natural Caffeine:Extracted from seeds of various plants like coffee and tea, their caffeine is used in energy drinks, soft drinks, cosmetics, and pharmaceuticals. Green Coffee Bean Extract:Sourced from unroasted green coffee seeds, this extract is rich in chlorogenic acid, known for its antioxidant properties and potential weight loss benefits. The company exports its products to the USA, Germany, South Korea, the UK, Thailand, etc. For the period ending September 30, 2024, revenue from exports (including deemed exports) of the Company’s products was ₹3,530.91 lakhs, ₹7,463.71 lakhs, and ₹9,988.01 lakhs for Fiscal 2023 and ₹5,633.50 lakhs for Fiscal 2022. The manufacturing unit is situated in Jaipur, Rajasthan. The manufacturing facility complies with 2015 [Quality Management System], 2018 ISO 22000 [Food Safety Management System], 2018 ISO 45001 [Occupational Health & Safety Management System], 2015 ISO 14001 [Environmental Management System], HACCP, and GMP guidelines for superior quality. As of March 2025, the company employed about 80 employees. Competitive Strength: Experienced Promoters and Management Team. Manufacturing facility supported by technology-driven process and R&D capabilities. Long term relationship with the clients.

Company Financials (₹ Cr)

As of 2024-09-30

Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 111.39 103.15 74.13 40.34
Total Income 41.37 78.70 106.14 58.94
Profit After Tax 9.74 18.67 38.21 11.02
NET Worth 99.67 83.89 65.22 27.02
Reserves and Surplus 80.54 65.57 59.99 21.78
Total Borrowing 4.85 13.83 3.43 6.36

Key Ratios

EPS

₹9.76

NAV

₹45.79

ROE

22.25%

ROCE

25.69%

RoNW

22.25%

P/B Value

2.60

P/E Ratio

12.19

Market Cap

₹277.63 Cr

PAT Margin

23.91%

Debt/Equity

0.07

Promoters

Nemi Chand Jain, Sumitra Jain, Amit Kumar Jain, Sumit Jain, Prerna Jain, Ahimsa Holdings Pvt.Ltd. and Bimneer Investments Pvt.Ltd.

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Investment in Wholly-Owned Subsidiary, Shri Ahimsa Healthcare Pvt.Ltd. (SAHPL) for setting up a manufacturing unit at Sawarda, Jaipur, Rajasthan 35.00 2 General Corporate Purposes 4.30 3 Issue Expenses 10.71 Total 50.00

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Revenue was ₹58.94 Cr in the fiscal year ending March 31, 2022, rising to ₹106.14 Cr by March 31, 2023. However, it declined to ₹78.70 Cr for the fiscal year ending March 31, 2024, and further decreased to ₹41.37 Cr by September 30, 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit After Tax (PAT) was ₹11.02 Cr in the fiscal year ending March 31, 2022, increasing to ₹38.21 Cr by March 31, 2023. It then fell to ₹18.67 Cr for the fiscal year ending March 31, 2024, and further decreased to ₹9.74 Cr by September 30, 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before its official listing. A higher GMP suggests strong demand, while a lower GMP may indicate weaker interest.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's financial health and market conditions before making a decision.

Who May Want to Wait

Investors who are risk-averse or those who prefer stable and established companies may want to avoid IPOs like this, which can involve higher volatility and uncertainty.

IPO Timeline, Explained

The IPO process includes several key dates: the opening date for subscription is March 25, 2025, the closing date is March 27, 2025, the allotment date is March 28, 2025, and the listing date is April 2, 2025.

Listing Gains — The Risk

Listing gains refer to the potential profit an investor can make by selling shares on the listing day. However, these gains are not guaranteed and can be influenced by market conditions, demand for the stock, and overall investor sentiment.

This evaluation is generated from Shri Ahimsa Naturals's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Shri Ahimsa Naturals IPO GMP today?

Shri Ahimsa Naturals IPO GMP today is +₹19.5 (16.39%), indicating an estimated listing price of ₹139. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Shri Ahimsa Naturals IPO?

The price band of Shri Ahimsa Naturals IPO is ₹113.0–₹119.0 per share.

When does Shri Ahimsa Naturals IPO open and close?

Shri Ahimsa Naturals IPO opens on 25 March 2025 and closes on 27 March 2025.

When does Shri Ahimsa Naturals IPO list on the stock exchange?

Shri Ahimsa Naturals IPO listed on 02 April 2025 at ₹138.5.

What is the lot size for Shri Ahimsa Naturals IPO?

The lot size for Shri Ahimsa Naturals IPO is 1200 shares, requiring a minimum investment of ₹142,800.

What is the lot size for this IPO?

The lot size for this IPO is 1200 shares.

What is the minimum investment required?

The minimum investment required is ₹142,800.

What is the price band for the IPO?

The price band for the IPO is ₹113.0 to ₹119.0.

When does the IPO open and close for subscription?

The IPO opens on March 25, 2025, and closes on March 27, 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.

Issue Details

Issue Type SME Book Built
Issue Size ₹73.81 Cr
Price Band ₹113.0 – ₹119.0
Issue Price ₹119.0
Lot Size 1,200 shares
Min Investment ₹142,800
Exchange NSE SME
Sector —
Open Date 25 Mar 2025
Close Date 27 Mar 2025
Allotment 28 Mar 2025
Listing Date 02 Apr 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Cameo Corporate Services Ltd.

Lead Managers / Book Running

Srujan Alpha Capital Advisors LLP

IPO Timeline

Open

25 Mar 2025

Close

27 Mar 2025

Allotment

28 Mar 2025

Listing

02 Apr 2025

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