Srigee DLM Limited IPO is opening for subscription on 5 May 2025 and will close on 7 May 2025. This SME IPO is raising ₹16.98 crore from a complete fresh issue of 17.15 lakh equity shares.
The Srigee DLM IPO allotment date will be decided on Thursday, 8 May 2025. Srigee DLM shares will be listed on BSE SME on Monday, 12 May 2025, per the announced tentative schedule.
The Srigee DLM IPO price band has been decided between ₹94 and ₹99 per share. The lot size decided for the IPO is 1200 shares, which makes the minimum investment for the retail investors ₹112800. However, it is better to bid at the cutoff price to avoid the oversubscription rush. This will take the minimum investment for the retail investors to ₹118800. HNIs need to subscribe to at least 2 lots, which makes the minimum investment as ₹ 237600.
Here Are the Quick Steps to Apply for the Srigee DLM SME IPO with the Best IPO App!
Srigee DLM BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | May 5, 2025 |
| IPO Closing Date | May 7, 2025 |
| Tentative IPO Listing Date | May 12, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹94 to ₹99 per share |
| Lot Size | 1200 shares |
| Total Issue Size | 1714800 Shares (₹16.98 Cr.) |
| Fresh Issue | 1714800 Shares (₹16.98 Cr.) |
| IPO Segment | Book Building Issue IPO |
| Listing At | BSE SME |
| Shareholding Pre-Issue | 4258800 shares |
| Shareholding post-issue | 5973600 shares |
Srigee DLM Limited | Company Overview
Srigee DLM Limited was incorporated in the year 2005 when it was named as Srigee Enterprises Private Limited and then later the name was changed to Srigee DLM Limited. The firm is engaged in plastic mouldings manufacturing which are used for consumer durables. By 2013, the firm also penetrated the home appliances mouldings market and expanded its business.
The business verticals of the firm include –
- Plastic injection moulding & assembling
- Tool room & die manufacturing
- Cellular phone assembly and moulding
- Polymer compounding & trading
The factors that make Srigee DLM stand out include –
- Supreme quality
- Cost efficiency
- Experienced management
- End-to-end solutions
- Dedicated Designing and development team
- Timely delivery
Sectors it caters to include –
- Consumer durables
- Home appliances
- Automotive components
- Electronics
Want to subscribe to Srigee DLM Ltd. IPO with the Best Investment App? Open a Demat Account Today!
Srigee DLM Limited IPO | Key Details
- Srigee DLM IPO Opening Date: May 5, 2025,
- Srigee DLM IPO Closing Date: May 7, 2025.
- Allotment Date: May 8, 2025
- Price Band: ₹94 to ₹99 per share
- Lot Size: 1200 shares
- Refunds Initiated: Mar 9, 2025
- Shares Credited to Demat: May 9, 2025
- Listing Date: May 12, 2025
Srigee DLM Ltd: Financial Overview
Srigee DLM Limited’s profit for FY24 rose by 10.32% from a 15% rise in revenue for the period.
Here are the details of the financials of firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 24.99 | 19.89 | 5.1 | 25.64102564 |
| Revenue | 54.65 | 47.25 | 7.4 | 15.66137566 |
| Profit After Tax | 3.1 | 2.81 | 0.29 | 10.3202847 |
| Net Worth | 14.68 | 10.6 | 4.08 | 38.49056604 |
| Reserve & Surplus | 10.3 | 8.79 | 1.51 | 17.17861206 |
| Total Borrowing | 2.27 | 2.51 | -0.24 | -9.56175299 |
Srigee DLM Ltd IPO | FAQs
Srigee DLM Ltd is engaged in the plastic mouldings and home appliance mouldings and similar products for various industries.
The tentative IPO listing date of Srigee DLM has been fixed as Monday, May 12, 2025.
The bidding date for the Srigee DLM IPO is May 5, 2025, and it will continue until May 7, 2025.
The minimum IPO lot size for Srigee DLM is 1200 shares, and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Thursday, May 8, 2025.
The IPO face value is set at ₹10 per share.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.