Srigee DLM IPO Date, Review, Price, Allotment Details
Amaan Khan | May, 2025
Srigee DLM IPO is open for subscription on May 5, 2025, and you’ll have until May 7, 2025, to throw your hat in the ring. This IPO is a “book build” issue, meaning the final price you pay per share will depend on the demand from investors.
Srigee DLM is looking to raise about ₹16.98 crores through this IPO. Interestingly, this entire amount is coming from a fresh issue of shares, meaning they’re creating and selling new shares worth ₹16.98 crores. There’s no offer for sale of existing shares in this IPO. Each share has a face value of ₹10.
When it comes to the price you might pay, the range is set between ₹94 and ₹99 per share. Now, when these shares are allocated, they’re divided among different types of investors. For us regular retail folks, 35% of the shares are reserved. Big institutional investors (QIBs) get a larger chunk at 50%, and high net-worth individuals (HNIs) will have access to 15%.
If you’re successful in getting shares, Srigee DLM is expected to list on the BSE (Bombay Stock Exchange) on May 12, 2025. And you should find out if you’ve been allotted shares pretty quickly, around May 8, 2025.
Looking at how the company has been doing financially, they’ve shown growth in both revenue and profit. Their revenue increased from ₹47.25 crore in 2023 to ₹54.65 crores in 2024, and their profit also saw a rise from ₹2.81 crores in 2023 to ₹3.10 crores in 2024. Based on these numbers, the general sentiment .
LOT SIZE
The Srigee DLM IPO minimum market lot is 1200 shares with ₹1,18,800 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,18,800 |
| Retail Maximum | 1 | 1200 | ₹1,18,800 |
| S-HNI Minimum | 2 | 2,400 | ₹2,37,600 |
IPO Details
| IPO Open Date: | May 5, 2025 |
|---|---|
| IPO Close Date: | May 7, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹94 to ₹99 Per Share |
| Issue Size: | Approx ₹16.98 Crores |
| Fresh Issue: | Approx ₹16.98 Crores |
| Issue Type: | Book build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Key Performance Indicators (IPO)
Check Srigee DLM IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE: | 23.61% |
| ROCE: | 27.85% |
| EBITDA Margin: | 8.83% |
| PAT Margin: | 5.46% |
| Debt to equity ratio: | 0.16 |
| Earning Per Share (EPS): | ₹7.22 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 20.40% |
| Net Asset Value (NAV): | ₹34.18 |
Financial Report
The company reported revenue of ₹54.65 crores in 2024 against ₹47.25 crore in 2023. The company reported profit of ₹3.10 crores in 2024 against profit of ₹2.81 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹33.04 | ₹31.45 | ₹1.13 | ₹16.23 |
| 2023 | ₹47.25 | ₹43.33 | ₹2.81 | ₹19.89 |
| 2024 | ₹54.65 | ₹50.53 | ₹3.10 | ₹24.99 |
| Dec-24 | ₹54.47 | ₹49.43 | ₹3.77 | ₹32.02 |
Important Dates
The Srigee DLM IPO date is May 5 and the close date is May 7. The Srigee DLM IPO allotment will be finalized on May 8 and the IPO listing on May 12.
Amount ₹ in Crores
| IPO Open Date: | May 5, 2025 |
|---|---|
| IPO Close Date: | May 7, 2025 |
| Basis of Allotment: | May 8, 2025 |
| Refunds: | May 9, 2025 |
| Credit to Demat Account: | May 9, 2025 |
| IPO Listing Date: | May 12, 2025 |
Peer Group companies comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Amber Enterprises India Limited | 12.04 | 85.86 | 5.60% | 612.68 | 4,504.67 Cr. |
| Cyient DLM Limited | 8.42 | 304.81 | 35938% | 304.81 | 1,191.87 Cr. |
About Promoters & Company
The promoters of the company are Mr. Shashi Kant Singh and Mrs. Suchitra Singh
Srigee DLM, a prominent plastics manufacturer established in 2005, offers a comprehensive suite of services spanning OEM and ODM. Their expertise includes converting plastic prototypes under OEM agreements and ensuring seamless integration of design and manufacturing processes for ODM clients. A core strategic goal for Srigee DLM is to consistently achieve cost leadership across all their product lines. They intend to realize this by developing substantial manufacturing prowess, pursuing backward integration strategies, and establishing a robust market presence in each sector they operate within. The company’s success is underpinned by the Promoter’s emphasis on technological advancement, continuous research, strong collaborations with suppliers, enduring customer relationships, and consistent market demand.
3 Main Objectives
- To meet out the Capital Expenditure.
- To meet General Corporate Purposes.
- To meet out Issue Expenses.
Srigee DLM IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Srigee DLM Limited
Plot No. 434,
Udyog Kendra 2, Ecotech 3,
Greater Noida
Phone: +91 9911786252
Email: compliance@srigee.com
Website: http://www.srigee.com/
Check Grey market premium at below
(GMP)