Shreni Shares Ltd. IPO Details
Shreni Shares was incorporated on September 17, 2009. The company is a SEBI-registered stock broking firm providing share broking, market making, and margin trading services to over 2,600 clients. It operates through multiple branches, authorized persons, and digital platforms, and is recognized among the top market makers in the SME exchange ecosystem in India
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 15.1 M | - | - | ₹0 | DRHP DOC |
Shreni Shares issue details
Shreni Shares has 15.1 M shares on offer
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Shreni Shares IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Shreni Shares NUMBER OF SHARES ON OFFER
Shreni Shares FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY26 | 45.9 | 29.8 | 28.0 | 27.6 | 91.2% |
| FY25 | 28.5 | 23.2 | -9.2 | -9.3 | 86.5% |
| FY24 | 31.7 | 23.6 | -22.9 | -26.8 | 89.9% |
| FY23 | 12.0 | 5.4 | 4.2 | -3.9 | 77.2% |
Shreni Shares INFORMATION ON IPO ISSUE
About Shreni Shares
Shreni Shares was incorporated on September 17, 2009. The company is a SEBI-registered stock broking firm providing share broking, market making, and margin trading services to over 2,600 clients. It operates through multiple branches, authorized persons, and digital platforms, and is recognized among the top market makers in the SME exchange ecosystem in India
Object of the Issue
- To meet working capital requirements
- Repayment or pre-payment, in full or part, of certain borrowings availed by the company
- General corporate purposes
Shreni Shares - PROMOTERS
| Name |
|---|
| Bhavesh Himmatlal Shah |
| Hitesh Natvarlal Punjani |
| Nidhi Bhavesh Shah |
Shreni Shares - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Bhavesh Himmatlal Shah | Chairperson, Managing Director & Chief Executive Officer |
| Hitesh Natvarlal Punjani | Whole-Time director |
| Nidhi Bhavesh Shah | Whole-Time director & Chief Financial Officer |
| Rachana Pranav Sheth | Non-Executive Independent Director |
| Vikash Gautamchand Jain | Non-Executive Independent Director |
| Palak Jagatbhai Shah | Non-Executive Independent Director |
| Arpit Tusharbhai Shah | Non-Executive Independent Director |
Shreni Shares Book Running Lead Manager
Aryaman Financial Services Limited
ipo@afsl.co.in
Shreni Shares Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Shreni Shares Strengths
Technology & infrastructure
The company has built a technology-driven trading ecosystem offering seamless access to equity, intraday, and derivatives trading through its mobile and desktop platforms. Integrated back-office systems provide real-time portfolio tracking, reports, and transaction monitoring to enhance transparency and decision-making
Use of MTF business
The company offers a Margin Trading Facility (MTF) that enables eligible clients to leverage their trading positions and use capital more efficiently. This facility supports higher trading volumes, generates interest income, and enhances client engagement while operating within regulatory and risk management frameworks
Client relationship
The company has built strong long-term relationships with over 2,600 clients through transparent processes, reliable service, and personalized advisory support. This relationship-focused approach has strengthened client trust, encouraged repeat business, and supported steady growth in its customer base
Shreni Shares Risks
Regulatory risks
The company operates in a highly regulated environment and is subject to supervision by authorities such as the Securities and Exchange Board of India, depositories, and stock exchanges. Compliance with regulatory approvals and evolving rules is essential, as any changes or non-compliance could impact its business operations
Competition
The company operates in a highly competitive stock broking industry with thousands of registered brokers competing on pricing, technology, and service offerings. Competition from larger players with greater resources and scale may affect its ability to grow and maintain market share
Compliance risks
The company must comply with various anti-corruption, anti-bribery, and anti-money laundering laws, including regulations under the Prevention of Money Laundering Act, 2002 and the Prevention of Corruption Act, 1988. Any violation or failure to maintain adequate compliance controls could result in legal penalties, reputational damage, and adverse financial impact
IPO FAQs
The promoters of the company are Bhavesh Himmatlal Shah, Hitesh Natvarlal Punjani and Nidhi Bhavesh Shah.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.