Srigee DLM IPO
₹1,12,800/1200 shares
Minimum Investment
IPO Details
05 May 25
07 May 25
₹1,12,800
1200
₹94 to ₹99
BSE
₹16.98 Cr
12 May 25
Srigee DLM IPO Timeline
Bidding Start
05 May 25
Bidding Start
07 May 25
Bidding Start
08 May 25
Bidding Start
09 May 25
Bidding Start
09 May 25
Bidding Start
12 May 25
Srigee DLM Limited
Srigee DLM Private Limited, incorporated on December 20, 2005, as Srigee Enterprises Private Limited, initially focused on plastic mouldings for consumer durables. By 2013, the company expanded into home appliance mouldings, enhancing its capacity with advanced injection molding machines. Specializing in plastic injection moulding, tool room and die manufacturing, mobile phone sub-assembly, and polymer compounding & trading, Srigee serves industries like consumer durables, home appliances, automotive, and electronics. With a focus on quality and timely delivery, the company has built lasting partnerships with OEM leaders and is expanding with a new facility in Greater Noida.
Srigee DLM Limited IPO Overview
The Srigee DLM IPO is a bookbuilding issue of ₹16.98 crores, entirely consisting of a fresh issue of 17.15 lakh shares. It will open for subscription on May 5, 2025, and close on May 7, 2025, with the allotment expected to be finalized by May 8, 2025. The tentative listing date is set for May 12, 2025, on the BSE SME platform. The price band for the IPO is ₹94 to ₹99 per share, with retail investors required to invest a minimum of ₹1,12,800, and it’s recommended to bid at the cutoff price of ₹1,18,800 to avoid oversubscription risks. The minimum lot size for HNI investors is 2 lots (2,400 shares), totaling ₹2,37,600. GYR Capital Advisors Private Limited is the book-running lead manager, Bigshare Services Pvt Ltd is the registrar, and Globalworth Securities Limited is the market maker.
Srigee DLM Limited IPO Details
| Particulars | Details |
| IPO Date | 5 May 2025 to 7 May 2025 |
| Listing Date | 12 May 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹94 to ₹99 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 17,14,800 shares (aggregating up to ₹16.98 Cr) |
| Fresh Issue | 17,14,800 shares (aggregating up to ₹16.98 Cr) |
| Offer for Sale | NA |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 42,58,800 shares |
| Share Holding Post Issue | 59,73,600 shares |
| Market Maker Portion | 86,400 shares Globalworth Securities Limited |
Srigee DLM Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII (HNI) | Not less than 15% of the Net Issue |
Srigee DLM Limited IPO Lot Size
| 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 Limited IPO Promoter Holding
| Shareholding Status | Percentage |
| Pre-Issue | 63.44% |
| Post-Issue |
Srigee DLM Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | 7.53 |
| Price/Earnings (P/E) Ratio | TBD |
| Return on Net Worth (RoNW) | 21.08% |
| Net Asset Value (NAV) | 34.48 |
| Return on Equity | 24.49% |
| Return on Capital Employed (ROCE) | 26.28% |
| EBITDA Margin | 9% |
| PAT Margin | 5.69% |
| Debt to Equity Ratio | 0.15 |
Objectives of the Proceeds
- To meet capital expenditure requirements to set up a manufacturing facility at Plot No. 15, Ecotech – X, Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh: ₹542.78 lakhs
- Acquisition of machinery to be installed at the proposed manufacturing facility: ₹951.00 lakhs
- To meet general corporate purposes
Key Financials (in ₹ lakhs)
SWOT Analysis of Srigee DLM IPO
Strength and Opportunities
- Established presence in plastic injection molding and assembly services.
- In-house design and tooling capabilities enhance product quality and lead times.
- Strong relationships with OEMs like Symphony Limited and Starion.
- Expansion into electronics and electrical assembly with a new facility in Greater Noida.
- Alignment with India's "Make in India" initiative supports domestic manufacturing growth.
Risks and Threats
- High client concentration in consumer goods and packaging sectors could impact revenue stability.
- Rapid expansion plans may strain management resources and operational efficiency.
- Vulnerability to economic slowdowns affecting demand for plastic components.
- Intense competition in the plastic molding industry may pressure margins and market share.
- Fluctuations in raw material prices could affect cost structures and profitability.
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Abouy Srigee DLM Limited IPO
IPO Strengths
- Specialises in high-quality plastic components for consumer products, utilizing advanced manufacturing techniques to meet industry standards.
- Headquartered in Greater Noida, an industrial hub, offering logistical advantages and access to key North Indian markets.
- The management team brings sector-specific expertise, crucial for navigating competitive markets and scaling operations.
- Focuses on scalable production processes, efficiently handling increased demand and expanding into new product lines.
- Leverages India’s “Make in India” initiatives and the rising demand for domestically manufactured plastic products.
- Proven ability to deliver precision plastic components, catering to industries such as consumer goods and packaging.
Peer Group Comparison
| Name of the Company | EPS (₹) | Face Value (₹) | P/E Ratio | RoNW (%) | NAV Per Share (₹) | Total Income (₹ in Lakhs) |
| Srigee DLM | 7.53 | 10 | [●] | 21.08% | 34.48 | 5465.16 |
| Peer Groups | ||||||
| Amber Enterprises India Limited | 39.44 | 10 | – | 6.76% | 612.68 | 678457.68 |
| Cyient DLM Limited | 8.39 | 10 | 55.46 | 6.73% | 114.62 | 121970 |
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
FAQs On Srigee DLM Limited IPO
How can I apply for Srigee DLM Limited IPO?
You can apply via HDFCSky, or other brokers using UPI-based ASBA (Application Supported by Blocked Amount).
What is the Srigee DLM IPO issue size?
The Srigee DLM IPO issue size is ₹16.98 crores, consisting of a fresh issue of 17.15 lakh shares.
When will the Srigee DLM IPO be listed?
The Srigee DLM IPO is expected to be listed on May 12, 2025, on the BSE SME platform.
What is the minimum investment required for retail investors in Srigee DLM IPO?
Retail investors need to invest a minimum of ₹1,12,800, with a suggested bid of ₹1,18,800 to manage oversubscription risks.
What is the price range for Srigee DLM IPO shares?
The price range for Srigee DLM IPO shares is ₹94 to ₹99 per share.
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