Srigee DLM IPO Details
The Srigee DLM IPO is a book build issue with a total issue size of ₹16.98 cr, comprising of fresh issue of 1714800 equity shares. Srigee DLM IPO opened for subscription on May 05, 2025 and closed on May 07, 2025. Srigee DLM IPO is set price band at ₹94 to ₹99 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹237,600.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on May 08, 2025, and listed on both the NSE and BSE on May 12, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Srigee DLM IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 94 – 99
- Lot Size
- 1200
- Issue Size
- ₹16.98 Cr
- Minimum Investment
- ₹237600 (2400 Shares)
- Listing Date
- 12 May 2025
Current GMP
₹45 (+45.45%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Srigee DLM Limited
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.
Srigee DLM IPO Promoters
- Mr. Shashi Kant Singh
- Mrs.Suchitra Singh
Promoters Holding
Holding Pre Issue
63.44%
Holding Post Issue
0.00%
Srigee DLM IPO Objective
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
Book Running Lead Managers
- GYR Capital Advisors Private Limited
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 with a total issue size of ₹16.98 crore. The Srigee DLM IPO price band is ₹94 to 99 per share. The Srigee DLM IPO subscription opens on Mon, May 5, 2025, and closes on Wed, May 7, 2025. The Srigee DLM IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Srigee DLM IPO.
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 per share.
Srigee DLM IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹237600 based on the upper price band
The minimum investment for Srigee DLM IPO is ₹237600, based on one lot of 1200 shares at the upper price band of ₹99 per share.
Investors can apply for the Srigee DLM IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, May 7, 2025. The application amount remains blocked until the Srigee DLM IPO allotment is finalized.
Srigee DLM IPO issue size is ₹16.98 crores.
Srigee DLM IPO allotment date is Wed, Jul 1, 2026.
The registrar for Srigee DLM IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Srigee DLM IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.