Sri Priyanka Geo Commex IPO GMP Day 2: Price Band Rs 207-212, Nil Premium — Critical Minerals and Rice Bran Oil Company
- June 25, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Sri Priyanka Geo Commex IPO Day 2: price Rs 207-212. GMP Rs 0 (nil). Issue Rs 94.51 Cr fresh. NSE SME. Lot 600 shares. Min retail 1,200 = Rs 2,54,400. Revenue FY25 Rs 266.65 Cr. PAT Rs 9.82 Cr.
The Sri Priyanka Geo Commex IPO is on Day 2 of its subscription window today, with the grey market premium currently at nil. The Sri Priyanka Geo Commex IPO raises Rs 94.51 crore through a 100% fresh issue of 44,58,000 equity shares at a price band of Rs 207 to Rs 212 per share on the NSE SME (Emerge) platform. The nil Sri Priyanka Geo Commex IPO GMP reflects cautious early grey market sentiment for an IPO with a relatively high minimum application amount of Rs 2,54,400 (1,200 shares at the upper price band). The IPO closes on recently, with allotment on recently and a tentative listing on NSE SME on recently. Ankit Jaiswal, Senior Research Analyst at Univest identifies Sri Priyanka Geo Commex as an unusual SME IPO: unlike most SME companies that operate in a single business, this company spans two fundamentally different segments , critical minerals international trading and domestic rice bran oil manufacturing , both of which have structural tailwinds from energy transition and domestic edible oil consumption respectively.
The Sri Priyanka Geo Commex IPO is structured as a 100% fresh issue, meaning all proceeds flow to the company rather than to selling shareholders. The company is headquartered in Chennai and conducts its critical minerals business through two international subsidiaries: Geo Min Commodities Pte Ltd in Singapore and Atlas Resources International in Morocco. Barite and Fluorspar are sourced from Morocco, while Copper Cathode is procured from Chile. These materials are linked to high-growth sectors including oil drilling (Barite), steel and aluminium production (Fluorspar), and battery and electric vehicle supply chains (Copper Cathode). On the domestic side, the rice bran oil manufacturing facility in Andhra Pradesh has 60,000 MT per annum solvent extraction capacity and 15,000 MT per annum refining capacity, generating revenue from crude and refined rice bran oil as well as by-products including de-oiled rice bran, fatty acids, gums, and wax.
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Sri Priyanka Geo Commex IPO Key Details
| Parameter | Details |
|---|---|
| Sri Priyanka Geo Commex IPO Price Band | Rs 207 to Rs 212 per share |
| Issue Size | Rs 94.51 crore (100% fresh issue) |
| Sri Priyanka Geo Commex IPO GMP Day 2 | Rs 0 (nil) |
| Lot Size | 600 shares (min retail: 1,200 shares at Rs 2,54,400) |
| Sri Priyanka Geo Commex IPO Close Date | recently |
| Allotment Date | recently |
| Listing Exchange | NSE SME (Emerge) |
| Listing Date (tentative) | recently |
| Registrar | Cameo Corporate Services Ltd |
| Business Segments | Critical Minerals (Barite, Fluorspar, Copper Cathode) + Rice Bran Oil |
| FY25 Revenue | Rs 266.65 crore | FY25 PAT Rs 9.82 crore |
Sri Priyanka Geo Commex: Business and Financials
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The Sri Priyanka Geo Commex IPO financials show moderate revenue growth but a sharp jump in profitability. Total income grew from Rs 219.48 crore in the year ended recently23 to Rs 266.65 crore in the year ended recently25 (FY25), while PAT improved dramatically from Rs 2.04 crore in the prior year to Rs 9.82 crore in FY25. The PAT improvement is largely driven by the critical minerals segment, which earns better margins than the commodity-linked rice bran oil business. The allocation structure of the Sri Priyanka Geo Commex IPO is unusual for an SME issue: retail investors receive 69.31% of the net offer, versus just 0.94% for QIBs and 29.71% for NIIs. This high retail allocation effectively means most of the IPO is dependent on retail investor demand, which can make the subscription numbers more volatile.
Conclusion: Sri Priyanka Geo Commex IPO GMP Day 2
The Sri Priyanka Geo Commex IPO GMP remains nil on Day 2 of subscription. The IPO offers a unique combination of critical minerals exposure and domestic rice bran oil manufacturing. The subscription closes recently with listing expected on recently on NSE SME. Track the Sri Priyanka Geo Commex IPO GMP and subscription status on Univest. Consult a SEBI-registered financial advisor before investing.
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Disclaimer: IPO GMP data is sourced from unofficial grey market sources and is not regulated by SEBI. GMP does not guarantee listing gains. All IPO details sourced from official SEBI filings, BSE/NSE. Investments in IPOs are subject to market risk. This article is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776). Read all IPO documents carefully before investing. Consult a SEBI-registered financial advisor.
Frequently Asked Questions
What is Sri Priyanka Geo Commex IPO GMP today?
Ans. The Sri Priyanka Geo Commex IPO GMP is nil (Rs 0) today, Day 2 of subscription. The grey market has not yet assigned a premium to the Sri Priyanka Geo Commex IPO. This may reflect cautious stance from grey market participants given the high minimum application amount of Rs 2,54,400 for the minimum retail lot.
What is Sri Priyanka Geo Commex IPO price band?
Ans. The Sri Priyanka Geo Commex IPO price band is Rs 207 to Rs 212 per share. The lot size is 600 shares, and the minimum retail application requires 2 lots (1,200 shares) at Rs 2,54,400 at the upper price band. The issue size is Rs 94.51 crore as a 100% fresh issue listed on NSE SME.
What does Sri Priyanka Geo Commex do?
Ans. Sri Priyanka Geo Commex Limited is a Chennai-based diversified commodity company. It trades critical minerals internationally (Barite from Morocco, Fluorspar from Morocco, and Copper Cathode from Chile) through subsidiaries in Singapore and Morocco. It also manufactures crude and refined rice bran oil from its Andhra Pradesh facility with 60,000 MT solvent extraction and 15,000 MT refining capacity annually.
What are Sri Priyanka Geo Commex financials?
Ans. FY25 revenue was Rs 266.65 crore (up from Rs 250.19 crore FY24), and PAT was Rs 9.82 crore (up sharply from Rs 2.04 crore FY24). Total income has grown from Rs 219.48 crore in FY23. The profitability improvement is driven by the higher-margin critical minerals trading segment.
When is Sri Priyanka Geo Commex IPO listing date?
Ans. The Sri Priyanka Geo Commex IPO is expected to list on the NSE SME platform tentatively on recently. The subscription closes on recently, and allotment is expected on recently.
What minerals does Sri Priyanka Geo Commex trade?
Ans. Sri Priyanka Geo Commex trades Barite (used in oil drilling mud), Fluorspar (used in steel, aluminium, and fluorochemicals production), and Copper Cathode (used in electric vehicles, batteries, and electrical systems). Sourcing is from Morocco (Barite, Fluorspar) and Chile (Copper Cathode), traded through international subsidiaries.
Is the Sri Priyanka Geo Commex IPO GMP a reliable signal?
Ans. A nil GMP for the Sri Priyanka Geo Commex IPO on Day 2 should not be taken as a definitive signal of listing performance. GMP is an unofficial, unregulated indicator that does not guarantee listing gains. The subscription status across QIB, NII, and retail categories over the remaining days is a more reliable indicator.
What is the lot size for Sri Priyanka Geo Commex IPO?
Ans. The Sri Priyanka Geo Commex IPO lot size is 600 shares. The minimum retail application is 2 lots (1,200 shares) at Rs 2,54,400 at the upper price band of Rs 212. For HNI investors, the minimum is 3 lots (1,800 shares) at Rs 3,81,600.