Srigee DLM IPO Details
The key details of Srigee DLM’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹16.98 Cr |
| Price Range | ₹94 - ₹99 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,18,800 |
| Pre IPO Promotor Holding | 63.44% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Srigee DLM IPO Timelines
The IPO process for Srigee DLM includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
05/05/2025
Start Date07/05/2025
End Date09/05/2025
Refund Initiation09/05/2025
Credit of Shares to Demat Ac12/05/2025
Listing DateSrigee DLM IPO Lot Size
The Srigee DLM IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹99 per share, requiring ₹118,800 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹237,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,18,800 |
| Retail Maximum | 1 | 1200 | ₹1,18,800 |
| HNI Minimum | 2 | 2400 | ₹2,37,600 |
Srigee DLM IPO Subscription Status
The subscription status for Srigee DLM IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 136.52x | 1,534.66x | 243.71x | -- | 490.93x |
IPO Performance on Listing Day
On the listing day (May 12, 2025), Srigee DLM made a strong debut on the stock exchange. The stock opened at ₹188.10, delivering an impressive premium of 90% over its issue price of ₹99. Throughout the trading session, the stock maintained robust momentum, climbing to a high of ₹197.50 while holding firm at its opening price. The shares concluded their first trading day at ₹197.50, securing an outstanding gain of 99.5% over the issue price, showcasing robust investor appetite for this digital logistics management company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹188.10 | ₹197.50 | ₹197.50 | ₹188.10 |
Srigee DLM IPO Company Financials
Srigee DLM IPO reports robust performance in FY2024 with Total Income of ₹54.65 crores, managing expenses at ₹50.53 crores, and achieving a strong PAT (Profit After Tax) of ₹3.10 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹33.04 | ₹31.45 | ₹1.13 |
| FY 2023 | ₹47.25 | ₹43.33 | ₹2.81 |
| FY 2024 | ₹54.65 | ₹50.53 | ₹3.10 |
| FY 2025 (9 M) | ₹54.47 | ₹49.43 | ₹3.77 |
About Company
Srigee DLM Private Limited, originally incorporated as Srigee Enterprises Private Limited on December 20, 2005, began its journey in plastic mouldings for consumer durables. By 2013, it expanded into home appliance mouldings and scaled operations with advanced injection molding technology. Today, it provides design-led manufacturing and assembly services across multiple verticals, including plastic injection moulding, tool room and die manufacturing, mobile phone sub-assembly, and polymer compounding and trading.
The company serves a broad range of industries such as consumer durables, home appliances, automotive components, and electronics, delivering reliable, cost-efficient solutions to major OEMs. Its business is structured into key verticals and is recognized for its emphasis on quality, timely delivery, and strong client relationships, with notable partners like Symphony Limited, Starion, DLJM, and Syntyche Tradex Enterprises. Srigee DLM is also expanding operations with a new facility in Ecotech-10, Greater Noida, aimed at enhancing its capabilities in electronics and electrical assembly. As of August 31, 2024, the company employs 21 permanent staff.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2005 | Plastic Products | Shashikant Singh |
Know Before Investing
Srigee DLM IPO Strengths
- Specializes in high-quality plastic components for consumer products, leveraging advanced manufacturing techniques to meet industry standards.
- Headquartered in Greater Noida, a hub for industrial activity, providing logistical advantages and access to key markets in North India.
- The management team brings sector-specific expertise, crucial for navigating competitive markets and scaling operations.
- Focuses on scalable production processes, enabling efficient handling of increased demand and expansion into new product lines.
- Benefits from India’s “Make in India” initiatives and rising demand for domestically manufactured plastic products.
- Demonstrated ability to deliver precision plastic components, catering to diverse industries such as consumer goods and packaging.
Srigee DLM IPO Risks
- The plastic and polymer manufacturing sector is highly competitive, with established players and price-sensitive markets, potentially pressuring margins and market share.
- Dependence on petrochemical derivatives exposes the company to global price fluctuations and supply chain disruptions, impacting production costs and profitability.
- Stringent environmental and safety regulations for plastic manufacturing may increase compliance costs or lead to penalties for non-adherence.
- Depends on a limited number of clients in consumer goods or packaging sectors could destabilize revenue if key contracts are lost or delayed.
- Rapid expansion plans, including capacity upgrades, may strain management resources or lead to inefficiencies if execution falters.
- Demand for plastic components is tied to consumer goods and industrial activity, making the company vulnerable to economic slowdowns or reduced manufacturing output.
Swot Analysis for Srigee DLM IPO
Strengths
Leading OEM supplier, In-house R&D capabilities, Strong financial metrics
Weaknesses
High debt exposure, Client concentration risk, Moderate PAT margin
Opportunities
ODM segment expansion, Growing electronics demand, Government manufacturing push
Threats
Intense industry competition, Raw material price volatility, Regulatory compliance risks
Company 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 Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Srigee DLM IPO are:
- To meet out the Capital Expenditure
- To meet General Corporate Purposes
- To meet out Issue Expenses
GYR Capital Advisors Private Limited is the book-running lead managers for the Srigee DLM IPO.
Srigee DLM IPO shows moderate growth potential driven by its plastic and polymer sector focus, with FY2025 annualized revenue of ₹54.65 crore and PAT of ₹2.97 crore, reflecting a 5.46% PAT margin. The company demonstrates operational efficiency with an EBITDA margin of 18% and ROCE of 27.85%, though ROE (15%) and ROA (12%) suggest room for improvement in capital utilization.
The issue price for the Srigee DLM IPO is set between ₹94 to ₹99 per share.
To invest in one lot of Srigee DLM IPO, you need ₹1,12,800 at the lower price band (₹94 per share) or ₹1,18,800 at the upper price band (₹98 per share) for a lot size of 1200 shares.
Srigee DLM IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on May 12, 2025.
Refund/unblocking of funds for Srigee DLM IPO will begin on May 9, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Srigee DLM IPO shares on listing day (May 12, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.