Sri Priyanka Geo Commex IPO
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Sri Priyanka Geo Commex IPO details
Schedule of Sri Priyanka Geo Commex
| Issue open date | 24 Jun 2026 |
| Issue close date | 29 Jun 2026 |
| UPI mandate deadline | 29 Jun 2026 (5 PM) |
| Allotment finalization | 30 Jun 2026 |
| Refund initiation | 01 Jul 2026 |
| Share credit | 01 Jul 2026 |
| Listing date | 02 Jul 2026 |
| Mandate end date | 14 Jul 2026 |
| Lock-in end date for anchor investors (50%) | 29 Jul 2026 |
| Lock-in end date for anchor investors (remaining) | 27 Sep 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Sri Priyanka Geo Commex
Sri Priyanka Geo Commex Limited is a commodity-focused group engaged in the supply of minerals and the manufacture of rice bran oil. Its mineral business includes the trading and supply of products such as Barite, Fluorspar and Copper Cathode, which are used across industries including energy, chemicals, infrastructure and electronics. The company operates through a presence in India, Morocco and Singapore, enabling it to source, market and distribute mineral products across different markets. Alongside its mineral operations, the company is involved in the rice bran oil value chain, including the manufacture of crude rice bran oil, refining activities and the processing of related by-products. Its product portfolio also includes De-Oiled Rice Bran (DORB), fatty acids, gums, spent earth and wax. Revenue is generated through the sale and supply of these mineral products, rice bran oil and related by-products.
Financials of Sri Priyanka Geo Commex
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 94.51 |
| Fresh issue- proceeds go to company | 94.51 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment/prepayment of certain borrowings | 10 (10.58%) |
| Funding working capital requirements | 16.50 (17%) |
| Investment in wholly owned subsidiary Geo Min Commodities Pte. Ltd., Singapore for its working capital needs |
47 (49.73%) |
| General corporate purposes | 21.01 (22.23%) |
Strengths
- The company operates across India, Morocco, and Singapore, giving it access to multiple markets and supply sources.
- It has a diversified business with both mineral trading and rice bran oil manufacturing operations.
- Its mineral portfolio includes Barite, Fluorspar, and Copper Cathode, serving a wide range of industries.
- The company follows a global sourcing and supply model, catering to customers across the US, Europe, the Middle East, and South America.
- It maintains direct relationships with institutional buyers, helping generate recurring bulk orders.
Risks
- A large share of the group’s revenue comes from its subsidiaries, making performance dependent on their operations.
- The Singapore subsidiary is highly dependent on Copper Cathode sales and a limited number of suppliers.
- The business relies heavily on a few key products such as Copper Cathodes, Barite, Fluorspar, and rice bran oil products.
- Mineral trading operations depend on third-party mining companies, and any disruption in mining activity could affect supply.
- Most customers do not have long-term purchase agreements, creating the risk of reduced orders or business loss.