Sri Priyanka Geo Commex IPO

The Sri Priyanka Geo Commex SME IPO is open between 24 Jun 2026 and 29 Jun 2026, offered at a price band of ₹207–212 per share, and is set to list on NSE. The IPO seeks to raise ₹89.78 crore. Retail investors bid in lots of 600 shares, a minimum application of ₹2,54,400.

Issue structure

The IPO is structured entirely as a fresh issue of ₹89.78 crore, so the full proceeds flow to the company to fund its stated objects of the issue.

Objects of the issue

Per the offer document, the company intends to deploy the net proceeds primarily toward investment in our wholly owned subsidiary geo min commodities pte.ltd., singapore for funding of its working capital requirements (₹47 crore), alongside funding of working capital requirements of company (₹16.5 crore). In all, 4 objects are disclosed — the full break-up is in the table above.

Financials

In FY2025, Sri Priyanka Geo Commex reported revenue of ₹249.67 crore and a net profit of ₹17.76 crore. Revenue grew from ₹219.48 crore in FY2023 to ₹249.67 crore in FY2025 (+14.0%). Net worth stood at ₹51.05 crore at the end of FY2025. At the upper band, that puts the issue at roughly 25.4× FY2025 earnings (P/E), a figure worth comparing against listed peers in the sector.

Valuation

At the upper band, the issue is priced at 14.54× post-issue earnings and 7.85× book value, against a return on net worth of 34.78% and a debt-to-equity ratio of 1.04. These ratios come from the offer document and are for comparison, not a recommendation.

Promoters

The promoters of the company are Venkata Sai Shiv Prasad Nuthalapati, Ravi Kumar Nuthalapati and Veera Vikram Nuthalapati. Promoter holding stands at 100% before the issue and comes down to 72.54% after listing.

Grey market premium (GMP)

In the unofficial grey market, Sri Priyanka Geo Commex shares are quoted at a premium of ₹0 implying an expected listing around ₹212, about +0.0% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.

Subscription

The Sri Priyanka Geo Commex IPO was subscribed 0.29 times overall. The strongest demand came from qualified institutional buyers (QIB) at 13.14 times, with non-institutional investors (NII) at 0.17× and retail investors at 0.15×.

What to weigh

When evaluating the Sri Priyanka Geo Commex IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.

About Sri Priyanka Geo Commex

Sri Priyanka Geo Commex Ltd is a globally diversified commodity-focused group with two main business segments — critical minerals (Barite, Fluorspar, and Copper Cathode ) and rice bran oil . Barite and Fluorspar – Its international Barite and Fluorspar business is conducted through our subsidiaries, namely Geo Min Commodities Pte. Ltd (“Geo Min”) in Singapore and its step-down subsidiary in Morocco, Atlas Resources International (“Atlas Resources”). Copper Cathode : Procure Copper Cathode from Chile, one of the copper rich countries and sell through Geo Min Commodities Pte. Ltd. Rice Bran Oil Division : production of crude and refined rice bran oil. Its manufacturing facility is located at Andhra Pradesh, with an existing capacity of 60,000 MT per annum for Solvent Extraction Plant and 15,000 MT per annum oil refinery. Others: By-products like De-Oiled Rice Bran, gums, wax, etc. In Fiscal 2025, the company sold commodities across 7 Indian states and 5 international markets. Competitive Strengths Diversified and de-risked business operations with large and growing total addressable market Operational hubs strategically located to optimize supply chain efficiency Fully automated manufacturing unit with strong focus on quality Long term, strategic and optimized procurement for barite and fluorspar from miners in Morocco Long-term supply arrangements with key customers and a well-diversified client base