Sri Priyanka Geo IPO: Check IPO Date, Live Subscription and Key Details
Sri Priyanka Geo Commex Limited is a globally diversified industrial commodity and agro-processing enterprise operating across two core business segments: critical minerals and agricultural refiners. Its critical minerals division handles the international procurement, strategic sourcing, and trading of Barite, Fluorspar, and high-purity Copper Cathodes via its Singapore-based subsidiary (Geo Min Commodities Pte. Ltd.) and raw mining operations in Morocco (Atlas Resources International). Conversely, its domestic agricultural division operates an integrated, high-capacity solvent extraction and refining complex in Andhra Pradesh specialized in producing crude and refined rice bran oil alongside industrial by-products like de-oiled rice bran cake, organic gums, and industrial plant waxes.
Price Range
₹207.0 - ₹212.0
Issue Size
₹94.51 Cr
Lot Size
600 shares
IPO Type
NSE SME
GMP
-
Est. Listing Price
₹212
Estimate Profit
-
Retail Portion
69.31%
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
14.58
P/E Ratio
14.54
RoNW
34.78%
ROE
42.86%
Debt to Equity
1.04
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Timeline
IPO Opens
24 Jun
IPO Closes
29 Jun
Allotment
30 Jun
Listing
2 Jul
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 24 June 2026 | Subscription starts |
| IPO Close Date | 29 June 2026 | Subscription ends |
| Allotment Date | 30 June 2026 | Allotment |
| Listing Date | 2 July 2026 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,54,400 |
SHNI (Min) | 3 | ₹3,81,600 |
SHNI (Max) | 7 | ₹8,90,400 |
BHNIAbove ₹10,00,000 | 8 | ₹10,17,600 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 0.98% |
| NII (Non-Institutional Investor) | 29.71% |
| SHNI (Small Non-Institutional Investor) | 9.41% |
| BHNI (Big Non-Institutional Investor) | 18.82% |
| Retail | 69.31% |
| Market Maker | 5.01% |
| Total | 100.00% |
IPO Objectives
- Strategic equity investment in its wholly owned overseas subsidiary, Geo Min Commodities Pte. Ltd. (Singapore), for funding its cross-border mineral trading working capital requirements (₹47.00 Cr).
- Funding the incremental ongoing working capital requirements of the domestic parent company (₹16.50 Cr).
- Full or partial prepayment or repayment of certain outstanding secured borrowings availed by the Company from commercial banking channels (₹10.00 Cr).
- General Corporate Purposes.
Strengths
- The company commands a Unique Critical Minerals Footprint, capturing specialized, high-margin cross-border commercial visibility by trading critical resources like Barite, Fluorspar, and premium Copper Cathodes.
- It leverages a Diversified Double-Engine Model, balancing global minerals trading loops with a stable domestic, high-volume agricultural Rice Bran Oil processing unit managing a 60,000 MT annual capacity.
- The business generates Stellar Internal Capital Efficiencies, tracking top-tier pre-IPO capital returns with an active restated financial RoCE of 46.17% and an ROE of 42.86%.
- The firm demonstrates an Exponential Bottom-Line Expansion, with its net profit after tax scaling up dramatically from ₹2.04 Cr in FY24 to ₹17.76 Cr in the 9-month window ending late 2025.
Weaknesses
- The company carries Substantial Debt Liabilities, operating an asset-heavy supply network that holds total borrowings of ₹53.29 Crores against a net worth of ₹51.05 Cr, leaving its leverage layer at 1.04.
- It requires a Deep Working Capital Dependency, demanding heavy operational liquidity funding pipelines that direct ₹63.50 Cr (over 65% of net proceeds) straight into domestic and subsidiary working capital loops.
- The issue features a Negligible Institutional Safety Buffer, where structural public allocation rules keep the designated QIB block restricted to a near-absent 0.98%, shifting secondary price stability entirely onto public retail hands.
- The offering faces Completely Flat Grey Market Interest, with unofficial unlisted marketplace premiums opening frozen flat at ₹0, indicating highly quiet participant traction ahead of the official launch.
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Financial Performance
| Period Ended | 31 Dec 2025 (9M) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 157.71 | 81.22 | 67.21 | 66.88 |
| Revenue (₹ Cr.) | 249.67 | 266.65 | 250.19 | 219.48 |
| PAT (₹ Cr.) | 17.76 | 9.82 | 2.04 | 1.33 |
| Net Worth (₹ Cr.) | 51.05 | 31.8 | 21.24 | 19.04 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Sri Priyanka Geo Commex | 7.85 | 14.54 | 37.03% | 51.05 |
| GMDC Ltd | 2.76 | 20.41 | 7.95% | 6,412.22 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 |
|---|---|---|
| QIB | 0x | 13.14x |
| NII | 0.2x | 0.16x |
| S-HNI | 0.15x | 0.55x |
| B-HNI | 0.22x | 0.24x |
| RII | 0.07x | 0.14x |
| Total | 0.11x | 0.28x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 41,400 | 5,44,200 | 11.54 |
| NII | 12,58,200 | 2,07,000 | 4.39 |
| Small NII | 4,19,400 | 2,28,600 | 4.85 |
| Big NII | 8,38,800 | 2,01,600 | 4.27 |
| RII | 29,35,200 | 4,20,000 | 8.9 |
| Total | 42,34,800 | 11,71,200 | 24.83 |
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Company Details
- Sri Priyanka Geo Commex Ltd.
- 7B, 7th Floor, Century Plaza, 560- 562, Anna Salai, Chennai, Tamil Nadu, 600018
- 044 2432 360
- cs@spgeocl.com
- https://www.spgeocl.com/
Registrar Details
- Cameo Corporate Services Ltd.
- +91-44-28460390
- ipo@cameoindia.com
- https://ipostatus.kfintech.com/
Frequently Asked Questions
What does Sri Priyanka Geo Commex do?
Sri Priyanka Geo Commex is engaged in mineral trading and agro-processing. The company trades minerals such as barite, fluorspar, and copper cathodes, while also processing and refining rice bran oil.
What are the IPO dates for Sri Priyanka Geo Commex SME IPO?
The Sri Priyanka Geo Commex SME IPO will open for subscription on June 24, 2026, and close on June 29, 2026.
What is the price band and minimum investment for Sri Priyanka Geo Commex IPO?
The IPO price band is fixed at ₹207 to ₹212 per share. Retail investors need to apply for a minimum of 2 lots (1,200 shares), requiring an investment of ₹2,54,400 at the upper price band.
What is the Grey Market Premium (GMP) of Sri Priyanka Geo Commex IPO today?
As of June 21, 2026, the Grey Market Premium (GMP) of Sri Priyanka Geo Commex IPO is ₹0, indicating an expected listing price near ₹212 per share.
Where will Sri Priyanka Geo Commex IPO be listed?
Sri Priyanka Geo Commex IPO is proposed to be listed on NSE SME (NSE Emerge), with the tentative listing date set for July 2, 2026.
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