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Srigee DLM IPO

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BSE 05 May - 07 May 2025
Srigee DLM Limited IPO is a book build issue of 16.98 Cr. The issue is entirely a fresh issue of 1714800 shares aggregating to 16.98 Cr. Srigee DLM Limited IPO opened for subscription on May 05, 2025 and closed on May 07, 2025. The allotment for the this IPO was finalized on May 08, 2025. IPO was listed on NSE and BSE on May 12, 2025. Srigee DLM Limited IPO is set issue price band at ₹94 to ₹99 per share.

Current GMP

₹45 (+45.45%)

Price Band

₹ 94 – 99

Lot Size

1200

Issue Size

₹16.98 Cr

Minimum Investment

₹237600 (2400 Shares)

Listing Date

12 May 2025

Subscription

456.8x

About the Company

Srigee DLM Limited is a design-led plastic manufacturing company that offers comprehensive end-to-end solutions, including material selection, extrusion, mould making, precision injection moulding, and final assembly. Serving both OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturer) clients, the company specializes in converting plastic prototypes into production-ready components and supports full product development from concept to completion. With a strong focus on design-driven production, Srigee DLM caters to leading brands in the home appliances, automotive, and electrical sectors. Its integrated manufacturing approach—featuring in-house die design and testing, polymer compounding, and assembly—enables it to deliver cost-effective and high-quality solutions efficiently.

The company operates across four main business segments: Plastic Injection Moulding & Assembly, Tool Room & Die Manufacturing, Job Work-Moulding, and Polymer Compounding & Trading. Its product portfolio includes plastic components for air coolers, TV casings, inverters, utility goods, switches, sockets, battery chargers, emergency lights, and various automotive parts such as seat knee grips, fenders, and tail covers. Srigee DLM’s client base includes major Indian and multinational companies, notably Symphony Limited in the home appliance sector.

Founded in 2005 as Srigee Enterprises Private Limited, the company evolved over the years with key milestones such as expanding into home appliances in 2013, starting mobile sub-assembly in 2018, and establishing an in-house tool room in 2020. In 2023, the company was renamed Srigee DLM Limited and converted into a public limited company. Led by Chairman and Managing Director Mr. Shashi Kant Singh, with over 19 years of industry experience, and Whole-time Director Mr. Suresh Kumar Singh, a retired IAS officer, the company continues to grow with a commitment to quality, customer satisfaction, and operational excellence.

Promoters

  1. Mr. Shashi Kant Singh
  2. Mrs.Suchitra Singh
Promoters Holding

Holding Pre Issue

63.44%

Holding Post Issue

0.00%

Objects of the Issue

Company proposes to utilize the funds which are being from this IPO raised towards funding the below
mentioned objects and achieve the benefits of listing.
The objects of the issue are: -

1. To meet capital expenditure requirements

      i. To set up a manufacturing facility at Plot No. 15, Ecotech – X, Industrial Area, Greater Noida, Gautam
      Budh Nagar – 201310, Uttar Pradesh;
      ii. Acquisition of machineries to be installed at proposed manufacturing facility as mentioned in point i.
     above

2. To meet General Corporate Purposes;

3. Issue expenses

Address / Contact Info

Srigee DLM Limited
Plot No. 434, Udyog Kendra 2, Ecotech 3, 
Greater Noida - 201306, 
Uttar Pradesh, India

Phone: +91 9911786252
Email: compliance@srigee.com
Website: http://www.srigee.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 94 – 99
Lot Size1200
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 16.98 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 16.98 Cr
Listing AtBSE
Industry
Sector
QIB Quota26.44%
Retail Quota46.54%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Srigee DLM IPO is a Book-building IPO worth ₹16.98 crores. The price band is ₹94 to 99 per share. The IPO opens on Mon, May 5, 2025 and closes on Wed, May 7, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The Srigee DLM IPO opens on Mon, May 5, 2025 and closes on Wed, May 7, 2025

Srigee DLM IPO Price Band is ₹94 to 99.

Srigee DLM IPO lot size is 1200, and the minimum amount required for application is ₹237600.

The minimum investment for Srigee DLM IPO is approximately ₹237600 based on the upper price band.

To apply for the Srigee DLM IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, May 7, 2025. After submission, funds are blocked until the basis of allotment of Srigee DLM IPO is finalised.

Srigee DLM IPO issue size is ₹16.98 crores.

Srigee DLM IPO allotment date is Sat, Jun 27, 2026.

The registrar for Srigee DLM IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Srigee DLM IPO through their official website or helpline.

The Srigee DLM IPO GMP (Grey Market Premium) is ₹45 as of Mon, May 12, 2025. Based on the upper price band of ₹99 per share, the estimated Srigee DLM IPO listing price is ₹144, indicating a potential listing gain of approximately 31% over the issue price.