Srivari Spices and Foods Limited is a spice and flour manufacturing company based in Telangana and Andhra Pradesh. The company is coming up with an initial public offering (IPO) of 2,142,000 equity shares of ?10 each. The IPO is priced at ?40 to ?42 per share, with a face value of ?10. The issue opens for subscription on August 7, 2023, and closes on August 9, 2023. Srivari Spices and Foods is a well-established company with a strong track record of growth. The company has been growing at a CAGR of 25% over the past three years. In FY22, the company's revenue was ?17.64 crores, and its net profit was ?2.75 crores.