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13 May, 2025
SRIGEE DLM IPO
The world of Initial Public Offerings (IPOs) often attracts investors seeking opportunities to gain early access to new stocks. One such upcoming IPO is SRIGEE DLM IPO, which is set to list on the BSE SME (Bombay Stock Exchange Small and Medium Enterprises) platform. As with any new IPO, it is important to understand the business model, financials, risks, and potential of the company before deciding whether to invest. In this blog, we all explore SRIGEE DLM, the details of their IPO, and the factors you should consider before subscribing.
Company Overview
Srigee DLM Limited is a leading Indian manufacturer specializing in design-led plastic injection moulding and assembly services. Established in 2005 and headquartered in Greater Noida, Uttar Pradesh, the company has evolved into a trusted partner for Original Equipment Manufacturers (OEMs) across various sectors.
Recent Developments and IPO (2021 to Present)
In 2025, Srigee DLM announced plans to launch an Initial Public Offering (IPO) on the BSE SME platform. The IPO aims to raise 16.98 crore, with funds allocated for debt reduction, working capital enhancement, and technological advancements. The issue is scheduled to open on May 5, 2025, and close on May 7, 2025, with listing expected on May 12, 2025.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
SRIGEE DLM IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
SRIGEE DLM IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 5, 2025 to May 7, 2025 |
| Listing Date | May 12, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹94 to ₹99 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 17,14,800 shares (aggregating up to ₹16.98 Cr) |
| Fresh Issue | 17,14,800 shares (aggregating up to ₹16.98 Cr) |
| Issue Type | Issue Type |
| Listing At | BSE SME |
| Share Holding Pre Issue | 42,58,800 shares |
| Share Holding Post Issue | 59,73,600 shares |
SRIGEE DLM IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, May 5, 2025 |
| IPO Close Date | Wed, May 7, 2025 |
| Tentative Allotment | Thu, May 8, 2025 |
| Initiation of Refunds | Fri, May 9, 2025 |
| Credit of Shares to Demat | Fri, May 9, 2025 |
| Tentative Listing Date | Mon, May 12, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 7, 2025 |
SRIGEE DLM IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,18,800 |
| Retail (Max) | 1 | 1200 | ₹1,18,800 |
| HNI (Min) | 2 | 2400 | ₹2,37,600 |
Srigee DLM IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
SRIGEE DLM IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 63.44% | - |
Competitive Strength:
- 1. Comprehensive Manufacturing Capabilities
- 2. Strong Customer Relationships
- 3. Experienced Leadership
- 4. Commitment to Innovation
- 5. Scalable and Cost-Effective Operations
SRIGEE DLM IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 32.02 | 54.47 | 3.77 | 18.46 | 2.83 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 24.99 | 54.65 | 3.1 | 14.68 | 2.27 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 19.89 | 47.25 | 2.81 | 10.6 | 2.51 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 16.23 | 33.04 | 1.13 | 7.79 | 3.71 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.49% |
| ROCE | 25.80% |
| Debt/Equity | 0.15 |
| RoNW | 20.44% |
| PAT Margin | 5.69 |
| Price to Book Value | 2.90 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.27 | 8.42 |
| P/E (x) | 13.62 | 11.76 |
Objectives of the IPO
Srigee DLM Limited is set to raise approximately 16.98 crore through its Initial Public Offering (IPO) on the BSE SME platform. The primary objectives for this capital infusion are:
- Capital Expenditure: A significant portion of the funds will be allocated to setting up a new manufacturing facility in Greater Noida, Uttar Pradesh, enhancing production capabilities.
- Machinery Acquisition: Investing in advanced machinery to bolster manufacturing efficiency and product quality.
- General Corporate Purposes: Utilizing remaining funds for corporate needs, including working capital requirements.
Conclusion
The Srigee DLM IPO presents a compelling opportunity for investors interested in the Indian SME manufacturing sector. With a strong foundation in plastic injection moulding, diversified service offerings, and longstanding relationships with major OEMs, Srigee DLM is strategically positioned for growth. The company is consistent financial performance, low debt levels, and focus on innovation add to its investment appeal. However, as with any SME IPO, investors should weigh the risks, assess their risk tolerance, and consider consulting financial advisors before subscribing. If you are looking for a design-led, innovation-focused manufacturing company with scalable potential, Srigee DLM could be worth your attention in this IPO season.
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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1. What is Srigee DLM Limited's core business?
Srigee DLM specializes in plastic injection moulding, tool and die manufacturing, polymer compounding, and mobile phone sub-assembly.
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2. When is the Srigee DLM IPO scheduled to open and close?
The IPO opens on May 5, 2025, and closes on May 7, 2025.
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3. On which exchange will Srigee DLM be listed?
Srigee DLM will be listed on the BSE SME platform.
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4. What is the issue size of the Srigee DLM IPO?
The total issue size is ₹16.98 crore.
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5. What is the price band for the IPO?
The price band is set between ₹94 to ₹99 per share.
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6. What is the lot size for retail investors?
Investors can apply for a minimum of 1 lot, which equals 1,200 shares.
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7. What is the minimum investment amount required for retail investors?
The minimum investment is ₹1,18,800.
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8. What will the funds raised from the IPO be used for?
The proceeds will be used for capital expenditure, machinery acquisition, and general corporate purposes.
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9. Who are the promoters of Srigee DLM?
The company is promoted by Mr. Shashi Kant Singh and Mrs. Suchitra Singh.
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10. What is Srigee DLM’s financial performance like?
The company reported a revenue of ₹54.47 crore and a PAT of ₹3.77 crore for the period ending Dec 31, 2024.
