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Sri Priyanka Geo Commex

Sri Priyanka Geo Commex

ManufacturingNSEBSESME IPO

Sri Priyanka Geo Commex Limited (“the Company”) is a globally diversified commodities enterprise with a long-established presence across critical mineral supply chains and the rice bran oil manufacturing sector. Headquartered in India, with strategic operations in Morocco and Singapore, the Company has evolved over more than three decades from a regional agribusiness into a globally integrated player bridging raw material producers with end-use industries worldwide. The Company traces its origins back to its incorporation under the Companies Act, 1956 on April 30, 1990, under the name Sri Priyanka Agro Enterprises Private Limited. Initially incorporated as a private limited entity with its registered office in Tamil Nadu, the organization laid its early foundation in agro-based processing and trade. Demonstrating adaptability to market opportunities and an inclination

Issue Size₹94.5 CrFresh Issue
Open Date24 Jun 2026Wednesday
Close Date29 Jun 2026Monday
GMP Today
₹00.0% Premium
Price Band
₹207 - ₹212Per Share
Lot Size
600 SharesMinimum Lot
Min. Investment₹254,400At Upper Band
Listing Date02 Jul 2026Thursday
48/100
Weak Research

Weak fundamentals and premium/expensive valuation

SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.

Plain-English Summary

What does the company do?

Sri Priyanka Geo Commex Limited (“the Company”) is a globally diversified commodities enterprise with a long-established presence across critical mineral supply chains and the rice bran oil manufacturing sector. Headquartered in India, with strategic operations in Morocco and Singapore, the Company has evolved over more than three decades from a regional agribusiness into a globally integrated player bridging raw material producers with end-use industries worldwide. The Company traces its origins back to its incorporation under the Companies Act, 1956 on April 30, 1990, under the name Sri Priyanka Agro Enterprises Private Limited. Initially incorporated as a private limited entity with its registered office in Tamil Nadu, the organization laid its early foundation in agro-based processing and trade. Demonstrating adaptability to market opportunities and an inclination

Why are investors interested?

Strong business model in a growing sector with favorable industry drivers.

What should beginners watch out for?

Evaluate market volatility and competitive risks.

Key IPO Metrics

GMP Today

0

0.0%

Total Subscription

0.34x

Overall demand

Retail Subscription

0.15x

Retail Queue

QIB Subscription

13.14x

Institutional Queue

NII (HNI) Subscription

0.35x

Non-Institutional

Anchor Book

0%

Subscribed

Listing Date (Tentative)02 Jul 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered0.45 Cr
Issue TypeBook Built Issue

SME Risk Radar

Market RegistryModerate

GYR Capital Market Maker

Financial Track RecordModerate

Merchant banker track record is not available.

Liquidity RiskModerate

Post-listing volume can be low. Trading takes place in large retail lots.

Business ConcentrationModerate

Top 5 customers account for more than 40% of revenues.

Corporate GovernanceModerate

Scale of operations is relatively small, with minor audit flags.

Business Overview

About the Company

Sri Priyanka Geo Commex Limited (“the Company”) is a globally diversified commodities enterprise with a long-established presence across critical mineral supply chains and the rice bran oil manufacturing sector. Headquartered in India, with strategic operations in Morocco and Singapore, the Company has evolved over more than three decades from a regional agribusiness into a globally integrated player bridging raw material producers with end-use industries worldwide. The Company traces its origins back to its incorporation under the Companies Act, 1956 on April 30, 1990, under the name Sri Priyanka Agro Enterprises Private Limited. Initially incorporated as a private limited entity with its registered office in Tamil Nadu, the organization laid its early foundation in agro-based processing and trade. Demonstrating adaptability to market opportunities and an inclination

Industry

Agro

Cyclical with growth

Business Segments

Total Revenue₹266.24 Cr
Automotive
49%
Industrial
32%
Engineering
17%
Others
2%

Objects of the Issue

    Promoters

    Promoters group

    Whole-time Directors & Promoter group

    Lead Managers

    Registrar

    Cameo Corporate Services Limited
    Cameo Corporate Services Limited

    Issue & Valuation

    Issue Size94.5 Cr
    Post Issue McapTBA
    P/E (Upper)25.42x
    P/BV (Upper)1.5x
    EV/EBITDA16.9x

    Peer Snapshot (FY24)

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Sri Priyanka Geo Commex (IPO)25.42x30.88%6.5%6.2%--
    Abram Food15.52x------₹54.015 Cr
    Aelea Commodities11.48x------₹41.37 Cr
    Ajooni Biotech45x------₹50.115 Cr
    Akg Exim20x------₹223.635 Cr
    Ashok Masala43x------₹8.88 Cr
    Axita Cotton30x------₹127.02 Cr
    Bharatrohan Airborne22.32x------₹42.255 Cr
    City Crops34.72x------₹36.915 Cr
    Comfort Commotrade--------₹0.915 Cr
    Dhanlaxmi Crop5.47x------₹359.85 Cr
    Dindigul Farm16.81x------₹137.505 Cr
    Elfin Agro17.2x------₹234.96 Cr
    Freshara Agro11.98x------₹310.95 Cr
    Gujarat Peanut12.64x------₹445.185 Cr
    Gurunanak Agriculture14.86x------₹131.55 Cr
    HPC Biosciences8x------₹8.19 Cr
    Jeyyam Global19.2x------₹9.45 Cr
    Karnimata Cold100x------₹5.7 Cr
    KN Agri5.57x------₹1,782.45 Cr
    Mangalam Global20x------₹874.2 Cr
    Mangalam Seeds18x------₹25.53 Cr
    Manorama Industries20x------₹329.97 Cr
    Mayank Cattle33.89x------₹338.715 Cr
    Nakoda Group18x------₹123.93 Cr
    Narmada Agrobase57x------₹52.11 Cr
    Nouritrans Exim61x------₹17.22 Cr
    Oceanaa Biotek13x------₹1.89 Cr
    Phoenix Overseas22.51x------₹8.22 Cr
    Raghuvansh Agrofarms110x------₹1.95 Cr
    Rukmani Devi11.61x------₹490.485 Cr
    Sheel Biotech12.05x------₹152.625 Cr
    Shree Ram86x------₹146.01 Cr
    ShreeOswal Seeds17x------₹116.625 Cr
    Shri Venkatesh12.62x------₹505.425 Cr
    Shyam Dhani16.97x------₹191.31 Cr
    Sirohia &136x------₹17.19 Cr
    Stanbik Agro10.69x------₹106.62 Cr
    Sun Retail95x------₹97.635 Cr
    TBI Corn16.7x------₹203.925 Cr
    TGIF Agribusiness19.71x------₹3.855 Cr
    Times Green59.8x------₹35.22 Cr
    Unisem Agritech10.43x------₹153.99 Cr
    Vandan Foods15.94x------₹145.32 Cr
    White Organic5.71x------₹230.985 Cr
    Zeal Aqua30x------₹182.745 Cr

    Financials & Performance(Standalone)

    Revenue (₹ Cr)

    CAGR 10.2%

    PAT (₹ Cr)

    CAGR 172.8%

    EBITDA Margin (%)

    Improving

    ROCE (%)

    Healthy Trend

    ROE (%)

    Improving

    Financial Quality

    Good

    Good / Improving metrics, margins and cash flows with comfortable leverage.

    Financial YearRevenue (₹ Cr)EBITDA Margin (%)PAT (₹ Cr)ROCE (%)ROE (%)Debt / Equity (x)
    FY23₹219.28 Cr1.85%₹1.32 Cr17.07%6.93%1.32x
    FY24₹250.03 Cr2.41%₹2.03 Cr24.78%9.56%1.60x
    FY25₹266.24 Cr6.17%₹9.82 Cr45.94%30.88%1.11x

    Why this IPO looks good

    • Strong sector headwinds and rising demand
    • Consistent historical financials and profit margins
    • Experienced promoter group and management team

    Key risks to know

    • Working capital requirements are high
    • Raw material cost volatility could impact margins
    • Intense competition from unorganized players

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    Documents

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's regional industrial manufacturing expansion
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 22 Jun 2026, 09:48 AM
    Source: automated_sync_engineConfidence: MEDIUM