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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 ₹99.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,12,800 (1200 shares). The minimum lot size investment for 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 Date | May 5, 2025 to May 7, 2025 |
| Listing Date | May 12, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹94 to ₹99 per share |
| Issue Price Final | ₹99 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 17,14,800 shares (aggregating up to ₹16.98 Cr) |
| Reserved for Market Maker | 86,400 shares Globalworth Securities Ltd. (aggregating up to ₹0.8554 Cr) |
| Net Offered to Public | 16,28,400 shares (aggregating up to ₹16.12 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 42,58,800 shares |
| Share Holding Post Issue | 59,73,600 shares |
Srigee DLM IPO offers total 17,14,800 shares. Out of which 8,10,000 (47.24%) allocated to QIB, 3,25,200 (18.96%) allocated to QIB (Ex- Anchor), 2,46,000 (14.35%) allocated to NII, 5,72,400 (33.38%) allocated to RII and 4,84,800 (28.27%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 86,400 (5.04%) |
| QIB Shares Offered | 8,10,000 (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 (14.35%) |
| Retail Shares Offered | 5,72,400 (33.38%) |
| Total Shares Offered | 17,14,800 (100.00%) |
Srigee DLM IPO raises ₹4.80 crore from anchor investors. Srigee DLM IPO Anchor bid date is May 2, 2025. Srigee DLM IPO Anchor Investors list
| Bid Date | May 2, 2025 |
| Shares Offered | 4,84,800 |
| Anchor Portion Size (In Cr.) | 4.80 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 7, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 6, 2025 |
Srigee DLM IPO opens on May 5, 2025, and closes on May 7, 2025.
| IPO Open Date | Mon, May 5, 2025 |
| IPO Close Date | Wed, May 7, 2025 |
| Tentative Allotment | Thu, May 8, 2025 |
| Initiation of Refunds | Fri, May 9, 2025 |
| Credit of Shares to Demat | Fri, May 9, 2025 |
| Tentative Listing Date | Mon, May 12, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, May 7, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | 3.1 | 2.81 | 1.13 |
| Net Worth | 18.46 | 14.68 | 10.6 | 7.79 |
| Reserves and Surplus | 14.2 | 10.3 | 8.79 | 5.97 |
| Total Borrowing | 2.83 | 2.27 | 2.51 | 3.71 |
| Amount in ₹ Crore | ||||
The market capitalization of Srigee DLM IPO is ₹59.14 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 7.27 | 8.42 |
| P/E (x) | 13.62 | 11.76 |
The Company Srigee DLM IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] SDL is engaged in end-to-end plastic manufacturing capabilities to serve OEM and ODM customers. The company posted growth in its top and bottom lines for the reported periods. Based on its financial data, the issue appears fully priced. The small equity base post-IPO indicates longer gestation period for migration to mainboard. Well-informed investors may park moderate funds for medium to long term. Read detail review...
| Listing Date | May 12, 2025 |
| BSE Script Code | 544399 |
| NSE Symbol | |
| ISIN | INE0RJ901010 |
| Final Issue Price | ₹99 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹99.00 |
| Open | ₹188.10 |
| Low | ₹188.10 |
| High | ₹197.50 |
| Last Trade | ₹197.50 |
Srigee DLM Ltd.
Plot No. 434,
Udyog Kendra 2, Ecotech 3,
Greater Noida
Noida, Uttar Pradesh, 201306
Phone: +91 9911786252
Email: compliance@srigee.com
Website: http://www.srigee.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Srigee DLM IPO is a SME IPO of 17,14,800 equity shares of the face value of ₹10 aggregating up to ₹16.98 Crores. The issue is priced at ₹99 per share. The minimum order quantity is 1200.
The IPO opens on May 5, 2025, and closes on 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 May 5, 2025 and closes on 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 Friday, May 9, 2025. Check the Srigee DLM IPO allotment status.
The Srigee DLM IPO listing date is on Monday, May 12, 2025.
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