
Srigee DLM IPO
IPO Details
-
Open Date
05 May 2025
-
Close Date
07 May 2025
-
Listing Date
12 May 2025
- IPO Price Range
₹ 94 to ₹ 99
- IPO Size
₹ 16.98 Cr
- Listing Exchange
BSE SME
IPO Timeline
Srigee DLM IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
5-May-25 | 1.45 | 25.46 | 15.75 | 13.77 |
6-May-25 | 1.45 | 111.94 | 65.08 | 57.06 |
7-May-25 | 12.38 | 407.05 | 114.56 | 148.42 |
Last Updated: 16 May 2025 10:22 AM by 5Paisa
Srigee DLM Limited is launching an IPO worth ₹16.98 crores. The company began with plastic mouldings for consumer durables and expanded into home appliances by 2013. Today, it offers design-led manufacturing across plastic injection moulding, tool and die making, mobile phone sub-assembly, and polymer compounding. Serving sectors like electronics, automotive, and appliances, Srigee partners with top OEMs and is now expanding with a new facility in Ecotech-10, Greater Noida.
Established in: 2005
Managing Director: Mr. Shashi Kant Singh
Peers
● Amber Enterprises India Limited
● Cyient DLM Limited
Objectives
● To meet capital expenditure requirements
● To establish a manufacturing facility at Greater Noida, Uttar Pradesh
● To acquire machinery for the proposed manufacturing facility
● General corporate purposes
Srigee DLM IPO Size
Types | Size |
---|---|
Total IPO Size | ₹16.98 Cr. |
Offer For Sale | - |
Fresh Issue | ₹16.98 Cr. |
Srigee DLM IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | 112,800 |
Retail (Max) | 1 | 1200 | 112,800 |
HNI (Min) | 2 | 2400 | 225,600 |
Srigee DLM IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
---|---|---|---|---|
QIB | 12.38 | 3,25,200 | 40,27,200 | 39.87 |
NII (HNI) | 407.05 | 2,46,000 | 10,01,35,200 | 991.34 |
Retail | 114.56 | 5,72,400 | 6,55,74,000 | 649.18 |
Total** | 148.42 | 11,43,600 | 16,97,36,400 | 1,680.39 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Srigee DLM Industry Landscape and Growth Potential
● OEMs are increasingly outsourcing manufacturing to reduce costs and improve efficiency.
● Government policies like Make in India and PLI are boosting domestic manufacturing growth.
● Consumer durables, electronics, and automotive sectors are witnessing strong demand and expansion.
● Srigee DLM’s integrated services and new facility position it well for scalable growth.
Why Invest in Srigee DLM IPO?
● Consistent revenue and PAT growth over the last three years shows good financial performance.
● Offers end-to-end manufacturing with strong OEM relationships across key industries.
● Expansion into electronics and advanced moulding supports future scalability and diversification.
● Backed by industry tailwinds like Make in India and rising demand for contract manufacturing.
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 33.04 | 47.25 | 54.65 |
EBITDA | 2.24 | 4.65 | 4.92 |
PAT | 1.13 | 2.81 | 3.10 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 16.23 | 19.89 | 24.99 |
Share Capital | 1.81 | 1.81 | 4.26 |
Total Borrowings | 3.71 | 2.51 | 2.27 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | -0.58 | 1.76 | 1.53 |
Net Cash Generated From / (used in) investing activities | -0.24 | -0.06 | -1.04 |
Net Cash Generated From / (used in) financing activities | 0.83 | -1.63 | 0.35 |
Net Increase (Decrease) In Cash And Cash Equivalents | 0.02 | 0.06 | 0.84 |
Strengths
1. Strong relationships with top OEMs across multiple industries
2. End-to-end manufacturing with in-house design and development team
3. Certified for quality, safety, and automotive manufacturing standards
4. Consistent growth in revenue and profitability over the last three years
Weaknesses
1. High dependency on top 10 customers for majority of revenue
2. Limited customer diversification may pose future business risks
3. Ongoing legal proceedings involving company and promoters
4. Adverse legal outcomes may impact financial and operational performance
Opportunities
1. Expansion into electronics and advanced assembly at new Greater Noida facility
2. Rising demand in consumer durables and automotive sectors
3. Scope to onboard new customers and diversify client base
4. Potential to grow polymer compounding and trading business
Threats
1. Customer concentration risk may impact revenue stability
2. Industry competition from larger contract manufacturers
3. Delays in facility expansion could impact growth plans
4. Economic slowdowns may reduce OEM order volumes
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FAQs
Srigee DLM IPO opens from 5 May 2025 to 7 May 2025.
The size of Srigee DLM IPO is ₹16.98 Cr.
The price of Srigee DLM IPO is fixed at ₹94 to ₹99 per share.
To apply for Srigee DLM IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Srigee DLM IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Srigee DLM IPO is 1,200 shares and the investment required is ₹112,800.
The share allotment date of Srigee DLM IPO is 8 May 2025
The Srigee DLM IPO will likely be listed on 12 May 2025.
GYR Capital Advisors Private Limited is the book running lead manager for Srigee DLM IPO.
Srigee DLM plans to utilise the raised capital from the IPO for:
● To meet capital expenditure requirements
● To establish a manufacturing facility at Greater Noida, Uttar Pradesh
● To acquire machinery for the proposed manufacturing facility
● General corporate purposes
Contact Information
Srigee DLM
Srigee DLM Limited
Plot No. 434,
Udyog Kendra 2, Ecotech 3,
Greater Noida
Phone: +91 9911786252
Email: compliance@srigee.com
Website: http://www.srigee.com/
Srigee DLM IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Srigee DLM IPO Lead Manager
GYR Capital Advisors Private Limited