Srigee DLM Limited is gearing up to launch its Rs 16.98 crore IPO, opening for subscription from 5th May to 7th May.
This fresh issue of 17.15 lakh shares will be listed on the BSE SME platform.
Retail investors need to invest at least Rs 1,18,800, while HNIs must apply for a minimum of Rs 2,37,600 (2,400 shares or 2 lots).
Bigshare Services Private Limited is acting as the registrar to the issue, with GYR Capital Advisors Private Limited as the lead manager and Globalworth Securities Limited serving as the market maker.
Srigee DLM SME IPO GMP Today
As of 2:00 PM on 1st May, 2025, the Grey Market Premium (GMP) for Srigee DLM IPO stands at Rs 10. With an IPO price band of Rs 99, the expected listing price is also Rs 109, indicating listing gains of 10.10%.
| Date | GMP | Expected Listing Price | Last Updated |
| 01-05-2025 | Rs 10 | Rs 109 | 2:00 PM |
| 30-04-2025 | Rs 8 | Rs 107 | 11:30 PM |
| 29-04-2025 | Rs 0 | Rs 99 | 11:30 PM |
| 28-04-2025 | Rs 0 | Rs 99 | 11:30 PM |
Srigee DLM IPO Details
| Face Value | Rs 10 per Share |
| Lot Size | 1,200 Shares |
| Issue Price Band | Rs 94 to Rs 99 per Share |
| Listing At | BSE SME |
| Total Issue Size | 17,14,800 Shares (aggregating up to Rs 16.98 Cr) |
| Fresh Issue | 17,14,800 Shares (aggregating up to Rs 16.98 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Srigee DLM IPO Timeline
| Opening – Closing Dates | 5th May – 7th May |
| Cut-off Time for UPI Mandate Approval | 5 PM on 7th May |
| IPO Allotment | 8th May |
| Amount Refund | 9th May |
| Credit of Shares | 9th May |
| Listing Date | 12th May |
Srigee DLM IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,200 | Rs 1,18,800 |
| Retail (Max) | 1 | 1,200 | Rs 1,18,800 |
| HNI (Min) | 2 | 2,400 | Rs 2,37,600 |
Srigee DLM Company Details
Srigee DLM Private Limited, started in December 2005 as Srigee Enterprises, began with plastic mouldings for consumer durables. By 2013, it expanded into home appliance mouldings and added advanced injection molding machines.
Today, the company offers design-led manufacturing and assembly services, including:
- Plastic injection moulding
- Tool room and die manufacturing
- Mobile phone sub-assembly and moulding
- Polymer compounding and trading
It serves industries like consumer durables, home appliances, automotive components, and electronics, providing quality, cost-efficient solutions to top OEMs.
Srigee works with brands like Symphony, Starion, DLJM, and Syntyche Tradex. It’s also growing with a new facility in Greater Noida for electronics, electrical assembly, and advanced plastic moulding.
As of 31st January, 2025, it has 61 permanent employees.
Srigee DLM IPO Financials
| Period Ended | 31st Dec, 2024 | 31st Mar, 2024 |
| Assets (in Rs Cr.) | 32.02 | 24.99 |
| Revenue (in Rs Cr.) | 54.47 | 54.65 |
| Profit After Tax (in Rs Cr.) | 3.77 | 3.1 |
Financial Performance:
Revenue: The company generated Rs 54.47 crore in revenue during the period ended on 31st December, 2024.
Financial Position:
Assets: The company’s total assets amounted to Rs 32.02 crore as of December 2024.
Profit After Tax (PAT): The company generated PAT of Rs 3.77 crore as of December 2024.
Srigee DLM IPO FAQs
- What is the price band set for the Srigee DLM IPO?
The issue price band for the Srigee DLM IPO is Rs 94 to Rs 99 per share.
- What is the total issue size of the Srigee DLM IPO offering?
The total issue size of the IPO is Rs 16.98 crore.
- What is the lot size for the Srigee DLM IPO?
Each lot consists of 1,200 shares, with a minimum investment of Rs 1,18,800.
- What are the allotment and listing dates for the Srigee DLM IPO?
The allotment is set for 8th May, and the listing is scheduled for 12th May.
Stay Ahead with Stocks. Ask the Analyst.
Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!
