Srigee DLM IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 05 May 2025
Close Date
Wed, 07 May 2025
Price Band
₹ 94 – 99
Lot Size
1200
Issue Size
₹ 16.98 Cr
Minimum Investment
₹ 237,600 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Srigee DLM IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹16.98 Crore, comprising a fresh issue of 17.15 Lakh equity shares aggregating to ₹16.98 Crore.
The Srigee DLM IPO remained open for subscription from May 05, 2025, to May 07, 2025. The basis of allotment was finalized on May 08, 2025, and the company's shares were listed on BSE SME Platform on May 12, 2025.
The company had fixed the price band at ₹94 to ₹99 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹237,600 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. GYR Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Srigee DLM Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Srigee DLM IPO Timeline (Tentative)
- IPO Open Date
- Mon, 05 May 25
- IPO Close Date
- Wed, 07 May 25
- Basis of Allotment
- Thu, 08 May 25
- Initiation of Refunds
- Fri, 09 May 25
- Credit of Shares to Demat
- Fri, 09 May 25
- Listing Date
- Mon, 12 May 25 — NSE & BSE
Open Date
05 May 2025
Close Date
07 May 2025
Basis Of Allotment
08 May 2025
Listing Date
12 May 2025
IPO Subscription
Check Live Subscription →The Srigee DLM IPO has received bids for 56,18,59,200 shares against 12,30,000 shares offered, resulting in an overall subscription of 456.8x. the NII category is subscribed 1,136.02x, Retail Investors 243.71x, and QIBs 137.59x.
QIB
137.59x
NII
1136.02x
RII
243.71x
Total
456.8x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 5,72,400 shares, representing 46.54% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 3,25,200 shares (26.44%), while Non-Institutional Investors (NIIs) receive 3,32,400 shares (27.02%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 325,200 | 26.44% |
| Non-Institutional | 332,400 | 27.02% |
| Retail Investors | 572,400 | 46.54% |
| Total | 1,230,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 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 |
| Reserve & Surplus | 14.2 | 10.3 | 8.79 | 5.97 |
| Total Borrowings | 2.83 | 2.27 | 2.51 | 3.71 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Srigee DLM Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 24.49 |
| ROCE % | 25.8 |
| Debt / Equity | 0.15 |
| RoNW % | 20.44 |
| Pat Margin % | 5.69 |
Peers Comparison
No Peer Comparision Available
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
Srigee DLM Limited Address / Contact Details
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
Srigee DLM IPO Lot Size
The Srigee DLM IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,18,800 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,18,800.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 118,800.00 |
| Retail (Max) | 1 | 1,200 | 118,800.00 |
| S-HNI (Min) | 2 | 2,400 | 237,600.00 |
Issue Reservation
- QIB — 26.44%
- NII — 27.02%
- RII — 46.54%
Book Running Lead Managers
- GYR Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Srigee DLM 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.
When will the Srigee DLM IPO open for subscription?
The Srigee DLM IPO opens on Mon, May 5, 2025 and closes on Wed, May 7, 2025
What is Srigee DLM IPO Price Band?
Srigee DLM IPO Price Band is ₹94 to 99 per share.
What is Srigee DLM IPO Lot Size?
Srigee DLM IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹237600 based on the upper price band
What is the minimum investment for Srigee DLM IPO?
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.
How to apply for Srigee DLM IPO?
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.
What is Srigee DLM IPO Issue Size?
Srigee DLM IPO issue size is ₹16.98 crores.
What is the Srigee DLM IPO Allotment Date?
Srigee DLM IPO allotment date is Thu, May 8, 2025.
Who is the Srigee DLM IPO Registrar?
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.
What is the Srigee DLM IPO GMP?
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 45.45% over the issue price.
Who is the Srigee DLM IPO Lead Manager?
The book-running lead managers (BRLMs) for the Srigee DLM IPO are GYR Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Srigee DLM IPO Red Herring Prospectus (RHP).