Srigee DLM Limited IPO Details
SME
Srigee DLM IPO opens for subscription on 05 May 2025 and closes on 07 May 2025. The IPO will be listed on BSE with the tentative listing date set for 12 May 2025.
Srigee DLM IPO price band has been fixed at ₹94 – ₹99 per share.The face value is ₹10 per share with a lot size of 1200.
Srigee DLM IPO total issue size comprises 17,14,800 shares (aggregating up to ₹16.98 Cr). This includes a fresh issue of 17,14,800 shares (aggregating up to ₹16.98 Cr). Pre-issue shareholding stands at 42,58,800, which will increase to 59,73,600 post-issue.
Srigee DLM IPO carries a ₹45 (45.5%) GMP, reflecting investor sentiment.
Srigee DLM IPO Lot Size : Retain Minimum is 1 lot (1,200 shares) amounting to ₹118,800. Retain Maximum is 1 lot (1,200 shares) amounting to ₹118,800. SHNI Minimum is 2 lots (2,400 shares) amounting to ₹237,600.
The Lead Managers for Srigee DLM IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Globalworth Securities Limited. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Srigee DLM Limited RHP.
Srigee DLM IPO Details
Srigee DLM IPO Subscription
Srigee DLM IPO Application Wise Breakup
Srigee DLM IPO Dates
- 05 May 2025Opening dateOPD
- 07 May 2025Closing dateCOD
- 08 May 2025Allotment Date BOA
- 09 May 2025Initiation of RefundsIOR
- 09 May 2025Credit of SharesCOS
- 12 May 2025Listing dateLID
Srigee DLM IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1200 | ₹118,800 |
| Retain Maximum | 1 | 1200 | ₹118,800 |
| SHNI Minimum | 2 | 2400 | ₹237,600 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Srigee DLM IPO Reservation
Promoter Holding
Srigee DLM IPO Valuations
Srigee DLM Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 32.02 | 24.99 | 19.89 | 16.23 |
| Revenue | 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 | ||||
About Srigee DLM IPO
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:
- Plastic Injection Moulding & Assembly
- Tool Room & Die Manufacturing
- Cellular Phone Assembly & Moulding
- Polymer Compounding & Trading
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.
Strength Of Srigee DLM IPO
1. Experienced Promoters and Management Team.
2. Long standing relationships with customers.
3. Efficient operational team.
4. Consistent financial performance.
Risk Of Srigee DLM IPO
1. The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business and financial status.
2. The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.
3. The Company is dependent on a few suppliers for purchases of products. The loss of any of these suppliers may affect its business operations.
4. The company requires certain approvals and licenses in the ordinary course of business and the failures to successfully obtain/renew such registrations would adversely affect its operations, results of operations and financial condition.
5. The company has had negative cash flows from Operating, investing and financing activities in the past in some of the recent years.
6. The company does not possess the information, consents, confirmations, or undertakings from the immediate relatives of one of its Promoters, who are considered part of the Promoter Group under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and which are required to be disclosed in relation to members of the Promoter Group in this Red Herring Prospectus.
7. If its customers does not continue to outsource manufacturing, or if there is a downward trend in the OEM/ODM segment, its sales could be adversely affected.
8. The company does not own its manufacturing facilities.
9. Its significant revenue is generated from operations in Uttar Pradesh. Any disruption in these operations, whether due to regulatory changes, economic conditions, or unforeseen events, could significantly impact its financial performance and future prospects.
10. The company does not have firm commitment agreements with its customers. If the company customers choose not to source their requirements from it, its business and results of operations may be adversely affected.
Objectives Srigee DLM IPO
1. To meet out the Capital Expenditure.
2. To set up a manufacturing facility at Plot No. 15, Ecotech – X, Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh
3. Acquisition of machineries to be installed at proposed manufacturing facility as mentioned in point.
4. General Corporate Purposes.
Company Contact Details
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/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports