Srigee DLM Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹45(45.45%)
Premium (ELP)
Srigee DLM Limited's achieved publicly listed status following its IPO debut on May 12, 2025 at the BSE platform. The offering successfully mobilized 17,14,800 Shares, with 17,14,800 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹94 to ₹99, starting from minimum lots of 1200 shares. The subscription window from May 05, 2025 through May 07, 2025 enabled investor participation across market segments.
Share allocation was completed on May 08, 2025, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Srigee DLM Private Limited, originally incorporated as Srigee Enterprises Private Limited on December 20, 2005, began by manufacturing plastic mouldings for consumer durables and later expanded into home appliance mouldings in 2013. Today, the company provides design-led manufacturing and assembly services, specializing in plastic injection moulding and assembly, tool room and die manufacturing, polymer compounding and trading, and cellular phone sub-assembly. It caters to multiple industries including consumer durables, automotive components, home appliances, and electronics. Srigee DLM serves leading OEMs such as Symphony Limited, Starion, DLJM, and Syntyche Tradex Enterprises. To support future growth, the company is setting up a new facility in Ecotech-10, Greater Noida for electronics, electrical assembly, and advanced plastic moulding. As of January 31, 2025, it employs 61 permanent staff.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Established Customer Relationships: Strong ties with leading OEMs with scope to further expand the customer base.
- Experienced Leadership: Promoter and management team bring deep industry knowledge and strong operational expertise.
- Comprehensive Solutions: Provides end-to-end services supported by a dedicated design and development team for customized manufacturing requirements.
- Litigation Exposure: Ongoing legal proceedings could result in liabilities, penalties, or reputational damage.
- Customer Concentration: Heavy reliance on a few key customers increases revenue and profitability risk.
- Supplier Dependence: Dependence on a limited supplier base could disrupt operations if any key partnership ends.
- Mr. Shashi Kant Singh
- Mrs. Suchitra Singh
Srigee DLM Limited
Bigshare Services Private Limited