Srigee DLM is launching its IPO with a book-built issue of ₹16.98 crores, comprising a fresh issue of 17.15 lakh equity shares worth ₹16.98 crores. There is no offer for sale in this IPO. The IPO will open for subscription on May 5, 2025, and will close on May 7, 2025.
The price band for the IPO is fixed between ₹94 to ₹99 per share, and the company is expected to list on the BSE SME platform on May 12, 2025. The minimum application size for retail investors is 1 lot (1,200 shares), which requires an investment of ₹1,12,800, but it is advisable to apply at the cutoff price, raising the total to ₹1,18,800, to improve chances of allotment during oversubscription.
The retail quota is reserved at 35%, QIB at 50%, and HNI at 15%. The IPO allotment date is scheduled for May 8, 2025.
Overview of Contents
Srigee DLM IPO Overview
| Particulars | Information |
|---|---|
| IPO Type | Book Built Issue |
| Exchange | BSE SME |
| Face Value | ₹10 per share |
| Price Band | ₹94 to ₹99 per share |
| Lot Size | 1,200 shares |
| Minimum Retail Investment | ₹1,12,800 (at ₹94) |
| Recommended Investment | ₹1,18,800 (at ₹99 - cutoff price) |
| Total Issue Size | 17,14,800 shares (₹16.98 Crores) |
| Fresh Issue | 17,14,800 shares (₹16.98 Crores) |
| Offer for Sale | Nil |
| Market Maker Portion | 86,400 shares |
| Retail Quota | Not more than 35% |
| HNI (NII) Quota | Not more than 15% |
| QIB Quota | Not more than 50% |
| Pre-Issue Shareholding | 42,58,800 shares |
| Post-Issue Shareholding | 59,73,600 shares |
Srigee DLM IPO Dates
| Event | Date |
|---|---|
| IPO Opening | 5 May 2025 |
| IPO Closing | 7 May 2025 |
| Allotment Finalization | 8 May 2025 |
| Refund Initiation | 9 May 2025 |
| Shares Credited to Demat | 9 May 2025 |
| Listing on Exchange | 12 May 2025 |
Srigee DLM IPO Lot Size
| Application Type | Lot Size | No. of Shares | Total Investment |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,31,200 |
| Retail Maximum | 1 | 1600 | ₹1,31,200 |
| S-HNI Minimum | 2 | 3200 | ₹2,62,400 |
Srigee DLM IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Amber Enterprises India Limited | 12.04 | 85.86 | 5.60% | 612.68 | 4,504.67 Cr. |
| Cyient DLM Limited | 8.42 | 304.81 | 35938% | 304.81 | 1,191.87 Cr. |
Srigee DLM IPO Finanacial Overview
Srigee DLM Limited has demonstrated consistent financial progress over the last few fiscal years, with steady growth in revenue, profitability, and net worth. For the nine months ended December 31, 2024, the company posted a revenue of ₹54.47 crore and a net profit of ₹3.77 crore, already surpassing its full-year profit from FY24.
| Financial Metrics | Dec 31, 2024 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Total Assets | ₹32.02 Cr | ₹24.99 Cr | ₹19.89 Cr | ₹16.23 Cr |
| Revenue from Operations | ₹54.47 Cr | ₹54.65 Cr | ₹47.25 Cr | ₹33.04 Cr |
| Net Profit (PAT) | ₹3.77 Cr | ₹3.10 Cr | ₹2.81 Cr | ₹1.13 Cr |
| Net Worth | ₹18.46 Cr | ₹14.68 Cr | ₹10.60 Cr | ₹7.79 Cr |
| Reserves & Surplus | ₹14.20 Cr | ₹10.30 Cr | ₹8.79 Cr | ₹5.97 Cr |
| Total Borrowings | ₹2.83 Cr | ₹2.27 Cr | ₹2.51 Cr | ₹3.71 Cr |
Objects of the Issue
- To meet out the Capital Expenditure.
- To meet General Corporate Purposes.
- To meet out Issue Expenses.
Srigee DLM IPO – Financial Ratios and Valuation Overview
Srigee DLM Limited presents a strong financial foundation based on its FY2024 metrics. The company has showcased an impressive Return on Equity (ROE) and Return on Capital Employed (ROCE), indicating efficient management of shareholders’ funds and capital. With healthy profit margins and a conservative debt profile, Srigee DLM appears fundamentally sound. The Earnings Per Share (EPS) stands at ₹7.22, highlighting the company’s earnings strength, while its Net Asset Value (NAV) of ₹34.18 underlines a solid asset base. Below are the key performance indicators (KPIs) that provide deeper insights into the company’s financial health.
| Key Metrics | Values |
|---|---|
| Return on Equity (ROE) | 23.61% |
| Return on Capital Employed (ROCE) | 27.85% |
| EBITDA Margin | 8.83% |
| Profit After Tax (PAT) Margin | 5.46% |
| Debt-to-Equity Ratio | 0.16 |
| Earnings Per Share (EPS) | ₹7.22 (Basic) |
| Price-to-Earnings (P/E) Ratio | Not Applicable |
| Return on Net Worth (RoNW) | 20.40% |
| Net Asset Value (NAV) | ₹34.18 |
Srigee DLM IPO Review
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Srigee DLM IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Srigee DLM Limited
Plot No. 434,
Udyog Kendra 2, Ecotech 3,
Greater Noida
Phone: +91 9911786252
Email: [email protected]
Website: http://www.srigee.com/
Srigee DLM IPO FAQs
What is the open and close date of Srigee DLM IPO?
The Srigee DLM IPO opens for subscription on May 5, 2025, and will close on May 7, 2025.
What is the price band of Srigee DLM IPO?
The IPO price band is set between ₹94 to ₹99 per equity share.
What is the lot size and minimum investment for retail investors?
The minimum lot size is 1,200 shares, requiring an investment of ₹1,12,800 at the lower price band. To increase allotment chances, it’s advised to bid at the cutoff price, which would be ₹1,18,800.
What is the total issue size of the Srigee DLM IPO?
The IPO is a book-built issue of ₹16.98 crores, comprising a fresh issue of 17,14,800 shares.
What is the allotment and listing date of Srigee DLM IPO?
The basis of allotment is expected on May 8, 2025, and the IPO is tentatively scheduled to list on May 12, 2025, on the BSE SME platform.