Shriram Properties Limited
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Shriram Properties Limited - overview
Established
1995
Location
Bangalore, Karnataka, India
Primary Industry
Real Estate Development & Operating Companies
About
Based in Bangalore, India, and founded in 1995, Shriram Properties Limited develops and sells commercial residential properties luxury and mid-market premium housing categories, office spaces, and commercial and plotted development categories. In July 2014, Tata Capital Private Equity invested INR 4. 68 billion in Shriram Properties Private Limited for an 18% minority stake in the company. In December 2021, Shriram Properties Private Limited raised INR 5.
748 billion in an IPO, selling 50. 87 million shares at INR 113 per share on the NSE. As of March 2022, the company is publicly listed on National Stock Exchange under the ticker symbol SHRIRAMPPS and employs about 650 employees. Shriram Properties provides residential, office space, and commercial properties in Bangalore, Chennai, Vizag, Kolkata, and Coimbatore.
In the fiscal year 2021, the company generated INR 4,009. 540 million in revenues with an EBIT of INR 787. 330 million. Shriram Properties intends to use its proceeds from IPO to repay and/or pre-pay debt and general corporate purposes.
Current Investors
Walton Street Capital, Starwood Capital Group, Tata Capital
Primary Industry
Real Estate Development & Operating Companies
Sub Industries
Commercial Property, Real Estate Development & Operating Companies
Website
www.shriramproperties.com
Company Stage
Mature
Total Amount Raised
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Shriram Properties Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement/Follow on | Completed | Shriram Properties Limited | - | ||||||||
| Trade Sale | Completed | Shriram Properties Limited | - | ||||||||
| IPO | Completed | Shriram Properties Limited | - | ||||||||
| N/A | Completed | Shriram The Gateway | - | ||||||||
| N/A | Completed | Shriram Greenfield | - |
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