Shreni Shares Limited

Shreni Shares Limited (NEW IPO): GMP, Profit, Price & expert review

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Shreni Shares Limited is a SEBI‑registered financial services and stock broking company providing share broking, margin trading facilities, demat account services and market‑making services for SME exchange securities, serving a growing base of retail and institutional clients.

Shreni Shares Limited was incorporated in 2009 & currently CA Bhavesh H. Shah serves as the Managing Director of the company.

It offers comprehensive financial services including equity & derivatives broking, depository services and capital market solutions. Shreni Shares serves over 2,620 clients across 8 branches in 7 cities, and is ranked among the top 10 market makers in the SME exchange ecosystem.

Shreni Shares Limited has filed its DRHP with SEBI for a proposed IPO featuring a Fresh Issue of 6,900,000 Equity Shares and an Offer for Sale (OFS) of 8,200,000 Equity Shares.

Subscription date to apply for Shreni Shares Limited is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:15,100,000 Equity shares
Fresh Issue:6,900,000 Equity shares
Offer for Sale:8,200,000 Equity shares
Price Range:TBA
Lot Size:TBA
GMPPending

Shreni Shares Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 141.59 Cr
Revenue:₹ 28.52 Cr
EBITDA₹ 24.67 Cr
EBITDA Margin:~ 86.47 %
PAT₹ 16.82 Cr
PAT Margin~58.98%
Face Value:₹ 10

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Borrowing Repayment₹ 8 Cr
Subsidiary Investment₹ 00 Cr
Working Capital Requirement₹ 57 Cr
General Corporate PurposeBalance

Shreni Shares Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 12.0₹ 31.7₹ 28.5
PAT (₹ Cr)₹ 5.6₹ 19.6₹ 16.8
Asset (₹ Cr)₹ 38.9₹ 101.6₹ 170.9
Net Worth (₹ Cr)₹ 20.5₹ 84.2₹ 141.6

Shreni Shares Ltd IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
13-May₹ –₹ –₹ –
12-May₹ –₹ –₹ –
11-May₹ –₹ –₹ –
10-May₹ –₹ –₹ –
09-May₹ –₹ –₹ –
Shreni Shares Limited

Shreni Shares Limited IPO Pros & Cons

Strengths:

  • SEBI‑registered stock broker with a regulated and transparent business model.
  • Diversified revenue streams: broking, margin trading, market-making, and investment solutions.
  • Growing presence in SME exchange segment, a niche market with expansion potential.
  • Strong leadership under experienced MD Bhavesh H. Shah.
  • Part of India’s expanding retail and institutional trading ecosystem.

Risks:

  • SME market exposure may lead to higher volatility and regulatory risks.
  • IPO price band not yet finalized, creating uncertainty in valuation.
  • Limited geographic presence (8 branches) may restrict immediate scalability.
  • Competition from established national brokers could pressure margins.
  • Dependence on market trading volumes makes revenue cyclical.

Shreni Shares Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Bhavesh Himmatlal Shah~ 36.22 %
Nidhi Bhavesh Shah~ 9.30 %
Hitesh Natvarlal Punjani~ 7.96 %
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Shreni Shares Limited Promoters – Pre offer equity (Approx)

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Shreni Shares Limited

Lead / Book Running Lead ManagersAryaman Financial Services Limited
Registrar (RTA)Bigshare Services Private Limited

FAQ’S of Shreni Shares Limited

  • It’s a SEBI‑registered stock broking and market‑making firm offering share broking, trading and investment services to retail & institutional clients.
  • Shreni Shares Limited is raising funds via IPO to bolster working capital, repay certain borrowings and support general corporate purposes for growth.
  • The issue size of the IPO comprises of up to ~1.51 Cr equity shares (fresh issue + OFS). It will be listed on BSE and NSE platform.
  • Key risks include dependency on volatile market volumes, competitive broking landscape and potential regulatory shifts.
  • Upsides to invest in the IPO include growth in retail trading, niche SME market presence and a scalable broking model.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers.

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