Sri Priyanka Geo Commex IPO
Price band
₹207 – ₹212
Lot size
600 shares
Min investment
₹1,27,200
Issue size
₹94.51 Cr
IPO schedule
| Open date | 24 Jun 2026 |
| Close date | 29 Jun 2026 |
| UPI mandate cut-off | 29 Jun 2026 |
| Allotment finalisation | 30 Jun 2026 |
| Refund initiation | 1 Jul 2026 |
| Shares credited to demat | 1 Jul 2026 |
| Listing date | 2 Jul 2026 |
| Mandate end date | 14 Jul 2026 |
| Anchor lock-in (50%) | 29 Jul 2026 |
| Anchor lock-in (remaining) | 27 Sept 2026 |
About Sri Priyanka Geo Commex
Sri Priyanka Geo Commex Limited is a commodity-focused group engaged in the supply of minerals and the manufacture of rice bran oil. Its mineral business includes the trading and supply of products such as Barite, Fluorspar and Copper Cathode, which are used across industries including energy, chemicals, infrastructure and electronics. The company operates through a presence in India, Morocco and Singapore, enabling it to source, market and distribute mineral products across different markets. Alongside its mineral operations, the company is involved in the rice bran oil value chain, including the manufacture of crude rice bran oil, refining activities and the processing of related by-products. Its product portfolio also includes De-Oiled Rice Bran (DORB), fatty acids, gums, spent earth and wax. Revenue is generated through the sale and supply of these mineral products, rice bran oil and related by-products.
Strengths
- The company operates across India, Morocco, and Singapore, giving it access to multiple markets and supply sources.
- It has a diversified business with both mineral trading and rice bran oil manufacturing operations.
- Its mineral portfolio includes Barite, Fluorspar, and Copper Cathode, serving a wide range of industries.
- The company follows a global sourcing and supply model, catering to customers across the US, Europe, the Middle East, and South America.
- It maintains direct relationships with institutional buyers, helping generate recurring bulk orders.
Risks
- A large share of the group’s revenue comes from its subsidiaries, making performance dependent on their operations.
- The Singapore subsidiary is highly dependent on Copper Cathode sales and a limited number of suppliers.
- The business relies heavily on a few key products such as Copper Cathodes, Barite, Fluorspar, and rice bran oil products.
- Mineral trading operations depend on third-party mining companies, and any disruption in mining activity could affect supply.
- Most customers do not have long-term purchase agreements, creating the risk of reduced orders or business loss.
Use of proceeds
| Repayment of borrowings | ₹10 (10.58%) Cr |
| Working capital | ₹47 (49.73%) Cr |
| General corporate purposes | ₹21.01 (22.23%) Cr |
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.