Srigee DLM Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 810,000 (47% | — | ₹802 Cr |
| NII (HNI) | — | 246,000 (14%) | — | ₹244 Cr |
| Retail | — | 572,400 (33%) | — | ₹567 Cr |
| Market Maker | — | 86,400 (5% | — | ₹9 Cr |
| Σ Total | — | 1,714,800 (100%) | — | ₹16,977 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹118,800 |
| Retail (Max) | 13 | 15,600 | ₹1,544,400 |
| S-HNI (Min) | 14 | 16,800 | ₹1,663,200 |
| B-HNI (Min) | 67 | 80,400 | ₹7,959,600 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 54 | 55 | 47 |
| Profit After Tax | 4 | 3 | 3 |
| Net Worth | 18 | 15 | 11 |
| Total Assets | 32 | 25 | 20 |
| Reserves & Surplus | 14 | 10 | 9 |
| Total Borrowing | 3 | 2 | 3 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet out the Capital Expenditure: i.To set up a manufacturing facility at Plot No. 15, Ecotech – X, Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 5.43
- ii. Acquisition of machineries to be installed at proposed manufacturing facility as mentioned in point i. above – 9.51
- General Corporate Purposes – 0.50
Company Overview
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.
Competitive Strengths:
- Strong relationships with established customer base, with potential to expand the customer base.
- Experienced promoter and management
- End-to-end solutions provider with a dedicated design and development team
- Flexible and cost-effective manufacturing capabilities