Shri Ahimsa Naturals Limited is coming up with an IPO consisting of a fresh issue of 42,03,600 shares worth INR 50.02 crores and an offer to sell 19,99,200 existing shares worth INR 23.79 crores. The company aims to invest in a wholly owned subsidiary to set up a manufacturing unit in Rajasthan and support general corporate purposes.
Shri Ahimsa Naturals IPO – Important Dates
| Shri Ahimsa Naturals Limited IPO Date | March 25, 2025 to March 27, 2025 |
| Shri Ahimsa Naturals Limited IPO Listing Date | April 2, 2025 |
| Shri Ahimsa Naturals Limited IPO Price | INR 113-119 per share |
| Shri Ahimsa Naturals Limited IPO Lot Size | 1,200 shares |
| Shri Ahimsa Naturals Limited IPO Total Issue Size | INR 73.81 crores |
| Shri Ahimsa Naturals Limited IPO Basis of Allotment | March 28, 2025 |
| Shri Ahimsa Naturals Limited IPO Initiation of Refunds | April 1, 2025 |
| Shri Ahimsa Naturals Limited IPO Credit of Shares to Demat | April 1, 2025 |
| Shri Ahimsa Naturals Limited IPO Issue Type | Book Built Issue IPO |
| Shri Ahimsa Naturals Limited IPO Listing At | NSE SME |
Shri Ahimsa Naturals Limited IPO – Company Profile
Shri Ahimsa Naturals commenced its operations in 1990 and is presently engaged in the extraction and manufacturing of Caffeine, Anhydrous Natural, Green Coffee Bean Extracts (GCE) and Crude Caffeine, along with trading of other herbal extracts. The products find their application in the food & beverage, nutraceuticals, cosmetics and pharmaceutical industries due to their health benefits.
The company, being an Export Oriented Unit, is primarily export-focused, and presently, they are supplying their Products to over 14 countries, including the USA, Germany, South Korea, UK, Thailand, etc.
Since the year 2022, the company has started manufacturing Crude Caffeine from Tea waste and Coffee waste, which is sold in the open market and used for captive consumption.
Shri Ahimsa Naturals Ltd IPO Fundamental Analysis
- Revenue Trend: The revenue decreased from ₹10,412.78 lakhs in March 2023 to ₹7,808.16 lakhs in March 2024. The revenue for the current year’s 6-month period ending September 2024 is INR 4,071.671 lakh.
- Equity and Liabilities: Both equities and liabilities have shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) decreased from ₹3,820.80 lakh in March 2023 to ₹1,866.73 lakh in March 2024. The profit for the period ending September 2024 is ₹ 974.45 lakh.
- Earnings per Share (EPS): The diluted EPS decreased from ₹ 20.85 in March 2023 to ₹10.19 in March 2024, reflecting higher earnings per share for investors. The diluted EPS for the period ending September 2024 is ₹5.25.
- Return on Net Worth (RoNW): The RoNW has decreased from 58.58% to 22.25%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
Shri Ahimsa Naturals IPO Financial Analysis
| Particular | As of 31 March 2023 | As of 31 March 2024 | As of 30 September 2024 |
| Revenue (₹ in lakhs) | 10,412.78 | 7,808.16 | 4,071.67 |
| Equity (₹ in lakhs) | 6,522.47 | 8,389.20 | 9,966.65 |
| Expenses (₹ in lakhs) | 5,534.49 | 5,338.83 | 2,819.81 |
| Profit and Loss After Tax (₹ in lakhs) | 3,820.80 | 1,866.73 | 974.45 |
| Diluted EPS only (₹) | 20.85 | 10.19 | 5.25 (not annualised) |
| Return on Net Worth (%) | 58.58 | 22.25 | 9.78 (not annualised) |
| NAV per Equity Share (₹) | 35.60 | 45.79 | 52.11 |
| Total Assets (in lakhs) | 7,412.67 | 10,315.21 | 11,138.75 |
| Total Liabilities (₹ in lakhs) | 890.20 | 1,926.01 | 1,172.10 |
| Current Ratio (in times) | 6.33 | 3.08 | 6.45 |
Shri Ahimsa Naturals Limited IPO Peer Comparison
Shri Ahimsa Naturals Limited is operating in a niche industry & there are no listed companies that are engaged in a business precisely similar to theirs. Hence, we can’t provide a comparison.
Shri Ahimsa Naturals Ltd IPO Objective
The main objective of Shri Ahimsa Naturals Limited’s IPO is to invest INR 35 crores in its wholly-owned subsidiary, SAHPL, for a manufacturing unit in Rajasthan and allocate the remaining funds for general corporate purposes.
- Investment in its Wholly-Owned Subsidiary, Shri Ahimsa Healthcare Private Limited (SAHPL) for setting up a manufacturing unit at Sawarda, Jaipur, Rajasthan: Shri Ahimsa Healthcare Private Limited (SAHPL) was incorporated mainly to manufactures and deal with crude or natural caffeine and other preparations. To set up a manufacturing unit in SAHPL, the company plans to invest 35 crores of INR from the net proceeds.
- General Corporate Purposes: The company will deploy funds for general corporate purposes, including strategic initiatives, partnerships, joint ventures, acquisitions, meeting business exigencies, facility renovation, brand promotion, liability repayment, and other operational needs to support growth and sustainability.
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Shri Ahimsa Naturals IPO Risks And Challenges
Shri Ahimsa Naturals Limited relies on third-party suppliers for raw materials, faces regulatory risks due to labour law non-compliance, and has experienced negative cash flows, potentially impacting its business and financial stability.
- 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 the business.
- There has been certain non-compliance with labour laws by the Company. Consequently, the company may be subject to regulatory actions and penalties for such non-compliance and the business and financial condition may be adversely affected.
- The company has had negative cash flows in the past. Sustained negative cash flow could adversely impact the business.
Shri Ahimsa Naturals Ltd IPO – Industry & Market Potential
The Caffeine market is growing exponentially and its organic sourcing is the latest trend in the global market. The organic coffee market size was valued at $6.8 Billion in 2018 and is projected to reach $12.6 Billion by 2026, registering a CAGR of 8.2% from 2019 to 2026. The health benefits of organic Caffeine backed by environment-friendly and sustainable farming practices are the major drivers of the organic Caffeine market. The cumbersome certification process, however, acts as a major challenge for the engaged stakeholders.
North America and Europe are the leading regions globally that are reported to heavily consume Caffeine and its related products. Other regions like the Asia-Pacific, Latin America, Middle East and Africa are adopting the culture with reports of awareness related to health benefits. The strategic pricing of these Caffeine products has attracted customers with unique selling ideas and has contributed massively to the beverage industry.
Shri Ahimsa Naturals Limited IPO – Type of Offer
Shri Ahimsa Naturals Limited is launching an INR 73.81 crore IPO, comprising a fresh issue of INR 50.02 crore and an offer for sale of INR 23.79 crore to fund a Rajasthan manufacturing unit and corporate needs.
- Fresh Issue: The company will issue 42,03,600 new shares to raise capital, aiming to collect INR 50.02 crores. Shri Ahimsa Naturals Limited plans to invest in a wholly owned subsidiary to set up a manufacturing unit in Rajasthan and support general corporate purposes.
- Offer for sale: Shri Ahimsa Naturals Limited IPO is offering to sell 19,99,200 existing shares worth INR 23.79 crores. The following are the details of the existing shareholder, who is also the promoter selling the shares:
| Name of the promoter selling shareholder | No. of shares offered |
| Mr. Nemi Chand Jain | 9,99,600 |
| Mrs. Sumitra Jain | 9,99,600 |
Shri Ahimsa Naturals IPO Offer Size
The offer size is INR 73.81 crores, comprising a fresh issue of 42,03,600 shares worth INR 50.02 crores and an offer for sale of 19,99,200 shares worth INR 23.79 crores. Shri Ahimsa Naturals Limited plans to invest in a wholly owned subsidiary to set up a manufacturing unit in Rajasthan and support general corporate purposes.
Shri Ahimsa Naturals Limited IPO Allotment Structure
Shri Ahimsa Naturals System Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 3,12,000 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 3,12,000 shares, are reserved for market makers.
How to apply for the Shri Ahimsa Naturals System IPO?
To apply for the Shri Ahimsa Naturals System Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Shri Ahimsa Naturals System Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Shri Ahimsa Naturals System Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Shri Ahimsa Naturals System IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Shri Ahimsa Naturals System Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Shri Ahimsa Naturals System Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Shri Ahimsa Naturals System Limited IPO:
● Registrar’s Website: Visit the website of Cameo Corporate Services Limited, the registrar of the Shri Ahimsa Naturals System Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) Small Medium Exchange (SME) Platform. You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Shri Ahimsa Naturals System Ltd IPO Offer Registrar
The registrar for the Shri Ahimsa Naturals System Limited IPO is Cameo Corporate Services Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Cameo Corporate Services Limited
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002
Email: ipo@cameoindia.com
Website: www.cameoindia.com
Shri Ahimsa Naturals System SME IPO – FAQs
The allotment date of the Shri Ahimsa Naturals System is March 28, 2025.
The price band of the issue is INR 113-119 per share.
The offer size is INR 73.81 crores, comprising a fresh issue of 42,03,600 shares worth INR 50.02 crores and an offer for sale of 19,99,200 shares worth INR 23.79 crores. Shri Ahimsa Naturals Limited plans to invest in a wholly owned subsidiary to set up a manufacturing unit in Rajasthan and support general corporate purposes.
The listing date of the Shri Ahimsa Naturals System is April 2, 2025.
Shri Ahimsa Naturals System is getting listed on the National Stock Exchange (NSE)’s Small Medium Exchange (SME) Platform.
The open and close dates of the Shri Ahimsa Naturals System are March 25, 2025 and March 27, 2025.
To apply for the Shri Ahimsa Naturals System Limited IPO via Alice Blue, open a Demat account, check IPO details, place a bid, and submit your application. After allotment, check your status, as share allocation depends on demand and is not guaranteed.
The Book Runner for Shri Ahimsa Naturals System is Srujan Alpha Capital Advisors LLP.
