Shivashrit Foods shares listed with 4.6% premium at ₹148.50 on the NSE SME on Monday. The share prices nevertheless hit lower circuit thereafter.
Shivashrit Foods share price movement
Shivashrit Foods shares saw a soft listing with just 4.6% premium over the issue price as the Shivashrit Foods shares got listed at ₹148.50 on the NSE SME on Monday. The Shivashrit Foods share however did not sustain the level and post listing dipped to intraday lows of ₹141.10. Since the ₹141.10 level was also the lower price band, the Shivashrit Foods shares were locked in the lower circuit.
Shivashrit Foods IPO subscription period started on August 22, 2025 and ended on August 26, 2025. The allotment for Shivashrit Foods IPO was finalized on Aug 28, 2025.
The ₹70.03 crore Shivashrit Foods IPO was a book build issue. The offering consisted of an offer to sell 0.06 crore shares, totaling ₹8.75 crores, and a new issue of 0.43 crore shares, totaling ₹61.29 crores.
The Shivashrit Foods’ IPO was subscribed 2.89 times by August 26, 2025 (Day 3), the public offering had been subscribed to 2.65 times in the individual investor category, 1.59 times in the QIB (Ex Anchor) category, and 5.16 times in the NII category.
Shivashrit FoodsGMP had indicated soft listing
The Shivashrit Foods were expected to list with a minor premium as was indicated by the Grey market premium or the GMP
Shivashrit Foods’ IPO GMP stood at +1. Investorgain.com data indicated that Shivashrit Foods’ share price was selling at a ₹1 premium in the gray market.
Shivashrit Foods shares, hence were expected to be listed at ₹143 a share, 0.70% more than the IPO price of ₹142, taking into account the upper end of the IPO price band and the existing grey market premium.
The current GMP ( ₹1) showed a negative trend, reflecting grey market activity during the past 11 sessions. a maximum GMP of ₹13 was observed, while the minimum GMP stood at ₹0.00.
The ‘grey market premium’ reflects investors’ willingness to pay more than the issue price.