During the first nine months of this fiscal, the total sales bookings crossed the Rs 1,000-crore mark, reflecting a growth of 60 per cent year-on-year.
The three-day initial public offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7, according to the company statement.
Shriram Properties IPO comprises fresh issuance of equity shares worth Rs 250 crore and an offer for sale of Rs 350 crore. The price band for the offer is Rs 113-118 per share.
Shriram Properties share listed at Rs 94, a decline of 20.33 per cent from the issue price on the BSE. It further tumbled 22.24 per cent to Rs 91.75. On the NSE, it made debut at Rs 90.
