Bookbuilding IPO | ₹17 Cr | Listed at BSE SME | Mon, May 5, 2025 - Wed, May 7, 2025
Srigee DLM IPO is a book build issue of ₹16.98 crores. The issue is entirely a fresh issue of 0.17 crore shares of ₹16.98 crore.
Srigee DLM IPO bidding started from May 5, 2025 and ended on May 7, 2025. The allotment for Srigee DLM IPO was finalized on May 8, 2025. The shares got listed on BSE SME on May 12, 2025.
Srigee DLM IPO price band is set at ₹99 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,18,800 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,37,600.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Globalworth Securities Ltd..
Refer to Srigee DLM IPO RHP for detailed Information.
IPO Open
Mon, May 5, 2025
IPO Close
Wed, May 7, 2025
Issue Price
₹99 per share
Market Cap (Pre-IPO)
₹59.14 Cr
| IPO Date | 5 to 7 May, 2025 |
| Listed on | Mon, May 12, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹94 to ₹99 |
| Issue Price | ₹99 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 17,14,800 shares (agg. up to ₹17 Cr) |
| Reserved for Market Maker | 86,400 shares Globalworth Securities Ltd. (agg. up to ₹0.8554 Cr) |
| Fresh Issue (Ex Market Maker) | 16,28,400 shares (agg. up to ₹16 Cr) |
| Net Offered to Public | 16,28,400 shares (agg. up to ₹16 Cr) |
| Share Holding Pre Issue | 42,58,800 shares |
| Share Holding Post Issue | 59,73,600 shares |
| BSE Script Code | 544399 |
| ISIN | INE0RJ901010 |
Srigee DLM IPO comprises a total issue size of 17,14,800 shares. The net offer to the public is 16,28,400 shares, after excluding 86,400 shares allotted on a firm basis. Of the Net offer 8,10,000 (49.74%) are allocated to QIB, 2,46,000 (15.11%) allocated to NII 5,72,400 (35.15%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 8,10,000 | 49.74% | 47.24% |
| − Anchor Investor Shares Offered | 4,84,800 | 28.27% | |
| − QIB (Ex. Anchor) Shares Offered | 3,25,200 | 18.96% | |
| NII (HNI) Shares Offered | 2,46,000 | 15.11% | 14.35% |
| Retail Shares Offered | 5,72,400 | 35.15% | 33.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 86,400 | 5.04% | |
| Total Shares Offered | 17,14,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,18,800 |
| Retail (Max) | 1 | 1,200 | ₹1,18,800 |
| HNI (Min) | 2 | 2,400 | ₹2,37,600 |
Srigee DLM IPO raises ₹4.80 crore from anchor investors. Srigee DLM IPO Anchor bid date is May 2, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, May 2, 2025 |
| Shares Offered | 4,84,800 |
| Anchor Portion (₹ Cr.) | 4.80 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Jun 7, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Aug 6, 2025 |
Incorporated in December 20, 2005, as Srigee Enterprises Private Limited, Srigee DLM Private Limited began with plastic mouldings for consumer durables. By 2013, Srigee DLM Private Limited diversified into home appliance mouldings and boosted its capacity by adding advanced injection molding machines.
Srigee DLM Private Limited is engaged in design-led manufacturing and assembly services, specializing in plastic injection moulding, tool room & die manufacturing, mobile phone sub-assembly, and polymer compounding & trading.
The company caters to industries like consumer durables, home appliances, automotive components, and electronics by delivering high-quality, cost-efficient, and reliable manufacturing solutions to leading OEMs.
Business Verticals:
Focused on quality, timely delivery, and cost efficiency, Srigee DLM Private Limited has built lasting relationships with OEM leaders like Symphony Limited, Starion, Dipty Lal Judge Mal Pvt. Ltd. (DLJM), and Syntyche Tradex Enterprises.
Srigee DLM Private Limited is also expanding its footprint with a new facility at Ecotech-10, Greater Noida, focused on electronics, electrical assembly, and advanced plastic moulding.
As of January 31, 2025, the company has 61 permanent employees.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 32.02 | 24.99 | 19.89 | 16.23 |
| Total Income | 54.47 | 54.65 | 47.25 | 33.04 |
| Profit After Tax | 3.77 | 3.10 | 2.81 | 1.13 |
| NET Worth | 18.46 | 14.68 | 10.60 | 7.79 |
| Reserves and Surplus | 14.20 | 10.30 | 8.79 | 5.97 |
| Total Borrowing | 2.83 | 2.27 | 2.51 | 3.71 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the Capital Expenditure: i.To set up a manufacturing facility at Plot No. 15, Ecotech – X, Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh | 5.43 |
| 2 | ii. Acquisition of machineries to be installed at proposed manufacturing facility as mentioned in point i. above | 9.51 |
| 3 | General Corporate Purposes | 0.50 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 24.49% |
| ROCE | 25.80% |
| Debt/Equity | 0.15 |
| RoNW | 20.44% |
| PAT Margin | 5.69% |
| Price to Book Value | 2.90 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.27 | 8.42 |
| P/E (x) | 13.62 | 11.76 |
| Promoter Holding | 63.44% | 45.23% |
| Market Cap | ₹59.14 Cr. |
The Srigee DLM IPO is subscribed 490.93 times on May 7, 2025 6:19:33 PM (Day 3). The public issue subscribed 243.71 times in the retail category, 136.52 times in the QIB category, and 1,534.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 136.52 | 3,25,200 | 4,43,96,400 | 0 |
| NII* | 1,534.66 | 2,46,000 | 37,75,26,000 | 0 |
| Retail | 243.71 | 5,72,400 | 13,95,02,400 | 0 |
| Total | 490.93 | 11,43,600 | 56,14,24,800 | 1,50,783 |
Total Application : 1,50,783
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees including Underwriting fees | 1.09 |
| 2 | Fees Payable to Registrar to the Issue | 0.04 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.04 |
| 4 | Fees Payable to Regulators including Stock Exchange | 0.09 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.00 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.10 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees and Miscellaneous Expenses) | 0.19 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹99.00 |
| Open | ₹188.10 |
| Low | ₹188.10 |
| High | ₹197.50 |
| Last Trade | ₹197.50 |
Lead Manager Reports
Srigee DLM IPO is a SME IPO of 17,14,800 equity shares of the face value of ₹10 aggregating up to ₹17 Crores. The issue is priced at ₹99 per share. The minimum order quantity is 1200.
The IPO opens on Mon, May 5, 2025, and closes on Wed, May 7, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Srigee DLM IPO using UPI as a payment gateway. Zerodha customers can apply in Srigee DLM IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Srigee DLM IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Srigee DLM IPO opens on Mon, May 5, 2025 and closes on Wed, May 7, 2025.
Srigee DLM IPO lot size is 1200, and the minimum amount required for application is ₹1,18,800.
You can apply in Srigee DLM IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Srigee DLM IPO will be done on Thursday, May 8, 2025, and the allotted shares will be credited to your demat account by Fri, May 9, 2025. Check the Srigee DLM IPO allotment status.
The Srigee DLM IPO listing date is on Mon, May 12, 2025.
