The Phoenix Mills Ltd. (PDF)
Trending Sector
Top Losers
Current IPOs
Closed IPOs
Listed IPOs
IPO Performers
CAGR Calculator
Adani Ports and SEZ
Srigee DLM Ltd IPO
Status: Closed
Overview
IPO date
05 May 2025 to 07 May 2025
Face value
₹ 10 per share
Price
₹ 94 to ₹99 per share
Issue Size
1,714,800 shares
(aggregating up to ₹ 16.98 Cr)
(aggregating up to ₹ 16.98 Cr)
Allotment Date
08 May 2025
Listing at
NSE
Issue type
Book Building - SME
Sector
Plastic products
Objectives of Srigee DLM Ltd IPO
Initial public issue of 17,14,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Srigee DLM Limited (the "Company" or "Srigee" or "Issuer") at an issue price of 99 per equity share (including a share premium of Rs. 89/- per Equity Share) for cash, aggregating up to
Rs. 16.98 crores ("Public Issue") out of which upto 86,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 99/- per equity share for cash, aggregating Rs. 0.86 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 16,28,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 99/- per equity share for cash, aggregating up to Rs. 16.12 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 28.71 % and 27.26 % respectively of the post-issue paid-up equity
share capital of the company.
Srigee DLM Ltd IPO Strategy
- Continue to strengthen its existing product portfolio and diversify into products with attractive growth and profitability prospects.
- Continue to strive for cost leadership.
- Expand existing relationships with customers into other product verticals.
- Expansion of manufacturing facilities.
- Development of its service offerings.
- Continue to focus on Original Design Manufacturing and Assembling lines.
About Srigee DLM Ltd
Srigee DLM Limited was incorporated as Srigee Enteprises Private Limited', dated December 20, 2005 issued by the Registrar of Companies, U.P. & Uttaranchal, Kanpur. Pursuant to a resolution passed by shareholders at their meeting held on September 12, 2023, the Company name changed to Srigee DLM Private Limited' and a Fresh Certificate of Incorporation dated September 22, 2023 was issued by Registrar of Companies, Kanpur. Subsequently, the status of the Company got converted into a Public Limited and the name of Company changed to Srigee DLM Limited' and a fresh Certificate of Incorporation dated October 10, 2023 was issued by the Registrar of Companies, Kanpur. The Company is engaged in the business of Manufacturing and Trading of Plastic Moulding Goods and Plastic Granules and assembly of Mobile parts.
The Company offer comprehensive end to end plastic manufacturing solutions, with a focus on design-driven production that optimizes functionality and manufacturability. For OEMs, it efficiently transform plastic-based prototypes, such as those for consumer electronics or automotive parts, into high-quality, production-ready components. For ODMs, it partner from initial concept to finished product, with expertise in material selection, extrusion, mold making, precision injection molding, and final assembly.
The Company initially started manufacturing with two plastic Injection moulding machines installed at their facility in 2012. It added home appliances components and increased the production capacity by installing 2 more injection moulding machines in 2013. It increased the production capacity by adding a second manufacturing unit at Ecotech II and then diversified into Mobile phone sub-assembly business in 2015.
The Company expanded the plastic moulding production from white goods division to automobiles and electronic components in 2016. It started the sub assembly of 4G models at the mobile assembly line in 2018. In 2020, the Company began Tool Room facility for all kind of design and development work and extended the mobile sub assembly line of 4G model.
The Company is planning an Initial Public Offer of 17,15,000 Equity Shares of face value of Rs 10/- each through Fresh Issue.
Unlock Stock of the Month
T&C*
Strengths vs Risks of Srigee DLM Ltd
Know the pros & cons
Strengths
Experienced Promoters and Management Team.- Long standing relationships with customers.
- Efficient operational team.
- Consistent financial performance.
Risks
- The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business and financial status.
- The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.
- The Company is dependent on a few suppliers for purchases of products. The loss of any of these suppliers may affect its business operations.
- The company requires certain approvals and licenses in the ordinary course of business and the failures to successfully obtain/renew such registrations would adversely affect its operations, results of operations and financial condition.
- The company has had negative cash flows from Operating, investing and financing activities in the past in some of the recent years.
- The company does not possess the information, consents, confirmations, or undertakings from the immediate relatives of one of its Promoters, who are considered part of the Promoter Group under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and which are required to be disclosed in relation to members of the Promoter Group in this Red Herring Prospectus.
- If its customers does not continue to outsource manufacturing, or if there is a downward trend in the OEM/ODM segment, its sales could be adversely affected.
- The company does not own its manufacturing facilities.
- Its significant revenue is generated from operations in Uttar Pradesh. Any disruption in these operations, whether due to regulatory changes, economic conditions, or unforeseen events, could significantly impact its financial performance and future prospects.
- The company does not have firm commitment agreements with its customers. If the company customers choose not to source their requirements from it, its business and results of operations may be adversely affected.
- Instances of Non-Compliance with Regulatory Requirements and Clerical Errors Could Subject it to Regulatory Action and Penalties.
- A significant portion of its sales is generated from the company Plastic Injection Moulding & Assembly and Polymer Compounding and Trading vertical. A decrease in the demand for products from these verticals or a decrease in their average selling prices could adversely affect its business.
- Its may be unable to sufficiently obtain, maintain, protect, or enforce the company intellectual property and other proprietary rights.
- Its Group Company engages in activities that are partly similar to the company business. This may be a potential source of conflict of interest for it and which may have an adverse effect on its business, financial condition and results of operations.
- Failures to Identify MSME and Non-MSME Creditors could expose the company to additional financial liabilities under the MSME Act, including potential interest payments on delayed payments exceeding 45 days.
- The company has in the past experienced delays in the filing of certain statutory returns and any future delays may adversely affect its business operations and reputation.
- The company is heavily dependent on its Promoters and Key Managerial Personnel for the continued success of its business through their continuing services and strategic guidance and support.
- Its insurance cover may not be adequate or its may incur uninsured losses or losses in excess of the company insurance coverage.
- The Company has previously restructured its loans, and its cannot assure you that the company will not restructure loans again in the future.
- The Company as well as its customers operate in a highly competitive industry. Failures to compete effectively may have an adverse impact on its business, financial condition, results of operations and prospects.
- The Company has delayed the payment of installment money for the allotted land, which may subject it to penalties.
- Frequent changes in its Statutory Auditors may raise concerns regarding continuity and governance in financial reporting.
- Any increase in the cost of its raw material or a shortfall in the supply of the company raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on its business, results of operations and financial condition.
- Its manufacturing facilities are critical to its business. Any disruption in the continuous operations of the company manufacturing facilities would have a material adverse effect on its business, results of operations and financial condition.
- Its business may be adversely affected if the company is unable to maintain and grow its brand image. In particular, its failures to maintain certain licenses or certifications may negatively impact its brand and reputation.
- The company has unsecured loans, which may be recalled at any time. Any recall of such loans may have an adverse effect on its business, prospects, financial condition and results of operations.
- The company has relied on an affidavit furnished by the Company Secretary for the details of her past experience.
- The average cost of acquisition of Equity Shares by its Promoters could be lower than the issue price.
- The company has in the past entered into related party transactions and may continue to do so in the future.
- In addition to normal remuneration, other benefits and reimbursement of expenses some of its Directors (Promoters) and Key Management Personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.
- Its inability to identify and understand evolving industry trends, technological advancements, customer preferences and develop new products to meet its customers' demands may adversely affect the company business.
- Its inability to successfully implement some or all the company business strategies in a timely manner or at all could have an adverse effect on its business. Further, the company failures to manage growth effectively may adversely impact its business, results of operations and financial condition.
- The company has not received NOC from certain lenders for undertaking the initial public offer of equity shares.
- The company has experienced growth in the past few years and if its unable to sustain or manage the company growth, its business and results of operations may be adversely affected.
- The company is subject to strict quality control requirements and any failures by it to comply with quality standards may lead to cancellation of existing and future orders and product recalls, which could adversely affect its business, financial condition and results of operations.
- None of the Directors of the Company have experience of being a director of a public listed company.
- The company has significant power and water fuel requirements and any disruption to power, water or fuel sources could increase its production costs and adversely affect the company results of operations.
- The company is subject to counterparty credit risk and any delay in receipt or non-receipt of payments may adversely impact its financial condition and results of operations.
- The company regularly work with hazardous materials and activities in its manufacturing facilities can be dangerous, which could cause injuries to people or property.
- Failures or disruption of its IT and/or ERP systems may adversely affect the company business, financial condition, results of operations and prospects.
- Its employees may engage in misconduct or other improper activities, including non compliance with regulatory standards and requirements.
- Its may be subject to industrial unrest, slowdowns and increased wage costs, which may adversely affect its business and results of operations.
- If the company fails to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report, the company financial risks.
- Its ability to pay dividends in the future will depends upon its future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in its financing arrangements.
- Its Promoters will continue to exercise significant influence over the company and may cause it to take actions that are not in the best interest of the company other shareholders.
- Its success also depends to an extent on the company research and development capabilities and tool room failures to derive the desired benefits from its product research and development efforts may hurt the company competitiveness and profitability.
- There is no monitoring agency appointed by the Company to monitor the utilization of the Issue proceeds.
- The company has not independently verified certain data in this Red Herring Prospectus.
- The company cannot assure you that its Equity Shares will be listed on the BSE SME in a timely manner or at all, which may restrict your ability to dispose of the equity shares.
- Any future issuance of Equity Shares or convertible securities, including options under any stock option plan or other equity linked securities may dilute your shareholding, and significant sales of Equity Shares by its major shareholders, may adversely affect the trading price of its Equity Shares.
- The company has not identified any alternate source of funding and hence any failures or delay on its part to mobilize the required resources or any shortfall in the Issue proceeds may delay the implementation schedule.
- After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.
- The Issue price of its Equity Shares may not be indicative of the market price of the company Equity Shares after the Issue and the market price of its Equity Shares may decline below the issue price and you may not be able to Sell your Equity Shares at or above the Issue Price.
- Within the parameters as mentioned in the chapter titled "Objects of the Offer beginning on page 79 of this Red Herring Prospectus, the Company's management will have flexibility in applying the proceeds of this Issue. The fund requirement and deployment mentioned in the Objects of this Issue have not been appraised by any bank or financial institution.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Retail Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
- Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- Delay in raising funds from the IPO could adversely impact the implementation schedule.
- The company propose to utilize the Net Proceeds for purposes identified in the section titled "Objects of the Issue" in this Red Herring Prospectus. Any variation in the utilization of the Net Proceeds as disclosed in this Red Herring Prospectus shall be subject to certain compliance requirements, including prior Shareholders" approval.
Srigee DLM Ltd Peer Comparison
Understand the company’s industry standing
Srigee DLM Ltd
Amber Enterprises India Ltd
Cyient DLM Ltd
Face Value
10
10
10
Standalone / Consolidated
Standalone
Consolidated
Consolidated
Total Income Rs. Cr.
54.6516
6784.5768
1219.7
EPS-Basis
7.53
39.44
8.42
EPS-Diluted
7.53
39.41
8.39
NAV Per Share
34.48
612.68
114.62
P/E-Basic EPS
13.15
169.65
55.46
P/E-Diluted EPS
---
---
---
RONW(%)
21.08
6.76
6.73
Latest NAV Period
---
---
---
Latest NAV
---
---
---
How to check the allotment status of Srigee DLM Ltd IPO?
Follow the steps
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
Select company from dropdown menu.
Enter details- PAN, Application number or DP client ID
Get your allotment status
Open link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).
IPO reads
Stay updated with the latest IPO developments
December 9, 2024 | 5 min read
11 IPOs This Week: ₹18,482 Crores in Focus – GMP, SWOT, and All You Need to Know!
December 2, 2024 | 5 min read
Upcoming IPOs in December 2024: A Packed Month for Investors
November 25, 2024 | 5 min read
SME IPO Rush: 6 Issues Worth ₹410 Cr. Know Key Details Here!
October 25, 2024 | 5 min read
Waaree Energies IPO: GMP Soars 106% Amid 76.34x Subscription – Check Your Allotment Status!
October 22, 2024 | 5 min read
Upcoming IPOs: 9 Public Issues Set to Raise ₹10,984.8 Cr – Key Insights Inside!
October 17, 2024 | 5 min read
Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons Why
September 6, 2024 | 5 min read
Bajaj Housing Finance IPO: All You Need to KnowOctober 17, 2024 | 5 min read
Hyundai IPO Hits a Speed Bump With 42% Subscription On Day 2 : 4 Reasons Why
August 26, 2024 | 5 min read
Premier Energies IPO: Key Details Ahead of the ₹2,830.40 Cr Issue LaunchMore on IPOs
Navigate your way to other IPO resources
Latest videos on IPOs
IPO highlights & details!
FAQs on IPO
Get answers to all your questions here!
The IPO opens on 05 May 2025 & closes on 07 May 2025.
Srigee DLM Limited was incorporated as Srigee Enteprises Private Limited', dated December 20, 2005 issued by the Registrar of Companies, U.P. & Uttaranchal, Kanpur. Pursuant to a resolution passed by shareholders at their meeting held on September 12, 2023, the Company name changed to Srigee DLM Private Limited' and a Fresh Certificate of Incorporation dated September 22, 2023 was issued by Registrar of Companies, Kanpur. Subsequently, the status of the Company got converted into a Public Limited and the name of Company changed to Srigee DLM Limited' and a fresh Certificate of Incorporation dated October 10, 2023 was issued by the Registrar of Companies, Kanpur. The Company is engaged in the business of Manufacturing and Trading of Plastic Moulding Goods and Plastic Granules and assembly of Mobile parts.
The Company offer comprehensive end to end plastic manufacturing solutions, with a focus on design-driven production that optimizes functionality and manufacturability. For OEMs, it efficiently transform plastic-based prototypes, such as those for consumer electronics or automotive parts, into high-quality, production-ready components. For ODMs, it partner from initial concept to finished product, with expertise in material selection, extrusion, mold making, precision injection molding, and final assembly.
The Company initially started manufacturing with two plastic Injection moulding machines installed at their facility in 2012. It added home appliances components and increased the production capacity by installing 2 more injection moulding machines in 2013. It increased the production capacity by adding a second manufacturing unit at Ecotech II and then diversified into Mobile phone sub-assembly business in 2015.
The Company expanded the plastic moulding production from white goods division to automobiles and electronic components in 2016. It started the sub assembly of 4G models at the mobile assembly line in 2018. In 2020, the Company began Tool Room facility for all kind of design and development work and extended the mobile sub assembly line of 4G model.
The Company is planning an Initial Public Offer of 17,15,000 Equity Shares of face value of Rs 10/- each through Fresh Issue.
Srigee DLM Ltd IPO will close on 07 May 2025.
- Experienced Promoters and Management Team.
- Long standing relationships with customers.
- Efficient operational team.
- Consistent financial performance.
| S.No | Promoters Name | Pre Issue Shares | Pre Issue Percentage | Post Issue Shares | Post Issue Percentage |
|---|---|---|---|---|---|
| 1 | Shashi Kant Singh | 2005875 | 47.1 | 2005875 | 33.58 |
| 2 | Suchitra Singh | 695700 | 16.34 | 695700 | 11.65 |
- The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business and financial status.
- The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.
- The Company is dependent on a few suppliers for purchases of products. The loss of any of these suppliers may affect its business operations.
- The company requires certain approvals and licenses in the ordinary course of business and the failures to successfully obtain/renew such registrations would adversely affect its operations, results of operations and financial condition.
- The company has had negative cash flows from Operating, investing and financing activities in the past in some of the recent years.
- The company does not possess the information, consents, confirmations, or undertakings from the immediate relatives of one of its Promoters, who are considered part of the Promoter Group under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and which are required to be disclosed in relation to members of the Promoter Group in this Red Herring Prospectus.
- If its customers does not continue to outsource manufacturing, or if there is a downward trend in the OEM/ODM segment, its sales could be adversely affected.
- The company does not own its manufacturing facilities.
- Its significant revenue is generated from operations in Uttar Pradesh. Any disruption in these operations, whether due to regulatory changes, economic conditions, or unforeseen events, could significantly impact its financial performance and future prospects.
- The company does not have firm commitment agreements with its customers. If the company customers choose not to source their requirements from it, its business and results of operations may be adversely affected.
- Instances of Non-Compliance with Regulatory Requirements and Clerical Errors Could Subject it to Regulatory Action and Penalties.
- A significant portion of its sales is generated from the company Plastic Injection Moulding & Assembly and Polymer Compounding and Trading vertical. A decrease in the demand for products from these verticals or a decrease in their average selling prices could adversely affect its business.
- Its may be unable to sufficiently obtain, maintain, protect, or enforce the company intellectual property and other proprietary rights.
- Its Group Company engages in activities that are partly similar to the company business. This may be a potential source of conflict of interest for it and which may have an adverse effect on its business, financial condition and results of operations.
- Failures to Identify MSME and Non-MSME Creditors could expose the company to additional financial liabilities under the MSME Act, including potential interest payments on delayed payments exceeding 45 days.
- The company has in the past experienced delays in the filing of certain statutory returns and any future delays may adversely affect its business operations and reputation.
- The company is heavily dependent on its Promoters and Key Managerial Personnel for the continued success of its business through their continuing services and strategic guidance and support.
- Its insurance cover may not be adequate or its may incur uninsured losses or losses in excess of the company insurance coverage.
- The Company has previously restructured its loans, and its cannot assure you that the company will not restructure loans again in the future.
- The Company as well as its customers operate in a highly competitive industry. Failures to compete effectively may have an adverse impact on its business, financial condition, results of operations and prospects.
- The Company has delayed the payment of installment money for the allotted land, which may subject it to penalties.
- Frequent changes in its Statutory Auditors may raise concerns regarding continuity and governance in financial reporting.
- Any increase in the cost of its raw material or a shortfall in the supply of the company raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on its business, results of operations and financial condition.
- Its manufacturing facilities are critical to its business. Any disruption in the continuous operations of the company manufacturing facilities would have a material adverse effect on its business, results of operations and financial condition.
- Its business may be adversely affected if the company is unable to maintain and grow its brand image. In particular, its failures to maintain certain licenses or certifications may negatively impact its brand and reputation.
- The company has unsecured loans, which may be recalled at any time. Any recall of such loans may have an adverse effect on its business, prospects, financial condition and results of operations.
- The company has relied on an affidavit furnished by the Company Secretary for the details of her past experience.
- The average cost of acquisition of Equity Shares by its Promoters could be lower than the issue price.
- The company has in the past entered into related party transactions and may continue to do so in the future.
- In addition to normal remuneration, other benefits and reimbursement of expenses some of its Directors (Promoters) and Key Management Personnel are interested in the Company to the extent of their shareholding and dividend entitlement in the Company.
- Its inability to identify and understand evolving industry trends, technological advancements, customer preferences and develop new products to meet its customers' demands may adversely affect the company business.
- Its inability to successfully implement some or all the company business strategies in a timely manner or at all could have an adverse effect on its business. Further, the company failures to manage growth effectively may adversely impact its business, results of operations and financial condition.
- The company has not received NOC from certain lenders for undertaking the initial public offer of equity shares.
- The company has experienced growth in the past few years and if its unable to sustain or manage the company growth, its business and results of operations may be adversely affected.
- The company is subject to strict quality control requirements and any failures by it to comply with quality standards may lead to cancellation of existing and future orders and product recalls, which could adversely affect its business, financial condition and results of operations.
- None of the Directors of the Company have experience of being a director of a public listed company.
- The company has significant power and water fuel requirements and any disruption to power, water or fuel sources could increase its production costs and adversely affect the company results of operations.
- The company is subject to counterparty credit risk and any delay in receipt or non-receipt of payments may adversely impact its financial condition and results of operations.
- The company regularly work with hazardous materials and activities in its manufacturing facilities can be dangerous, which could cause injuries to people or property.
- Failures or disruption of its IT and/or ERP systems may adversely affect the company business, financial condition, results of operations and prospects.
- Its employees may engage in misconduct or other improper activities, including non compliance with regulatory standards and requirements.
- Its may be subject to industrial unrest, slowdowns and increased wage costs, which may adversely affect its business and results of operations.
- If the company fails to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report, the company financial risks.
- Its ability to pay dividends in the future will depends upon its future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in its financing arrangements.
- Its Promoters will continue to exercise significant influence over the company and may cause it to take actions that are not in the best interest of the company other shareholders.
- Its success also depends to an extent on the company research and development capabilities and tool room failures to derive the desired benefits from its product research and development efforts may hurt the company competitiveness and profitability.
- There is no monitoring agency appointed by the Company to monitor the utilization of the Issue proceeds.
- The company has not independently verified certain data in this Red Herring Prospectus.
- The company cannot assure you that its Equity Shares will be listed on the BSE SME in a timely manner or at all, which may restrict your ability to dispose of the equity shares.
- Any future issuance of Equity Shares or convertible securities, including options under any stock option plan or other equity linked securities may dilute your shareholding, and significant sales of Equity Shares by its major shareholders, may adversely affect the trading price of its Equity Shares.
- The company has not identified any alternate source of funding and hence any failures or delay on its part to mobilize the required resources or any shortfall in the Issue proceeds may delay the implementation schedule.
- After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.
- The Issue price of its Equity Shares may not be indicative of the market price of the company Equity Shares after the Issue and the market price of its Equity Shares may decline below the issue price and you may not be able to Sell your Equity Shares at or above the Issue Price.
- Within the parameters as mentioned in the chapter titled "Objects of the Offer beginning on page 79 of this Red Herring Prospectus, the Company's management will have flexibility in applying the proceeds of this Issue. The fund requirement and deployment mentioned in the Objects of this Issue have not been appraised by any bank or financial institution.
- QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid and Retail Individual Investors are not permitted to withdraw their Bids after Bid/Offer Closing Date.
- Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- Delay in raising funds from the IPO could adversely impact the implementation schedule.
- The company propose to utilize the Net Proceeds for purposes identified in the section titled "Objects of the Issue" in this Red Herring Prospectus. Any variation in the utilization of the Net Proceeds as disclosed in this Red Herring Prospectus shall be subject to certain compliance requirements, including prior Shareholders" approval.
The Issue type of Srigee DLM Ltd is Book Building - SME.
The minimum application for shares of Srigee DLM Ltd is 1200.
The total shares issue of Srigee DLM Ltd is 1714800.
Initial public issue of 17,14,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Srigee DLM Limited (the "Company" or "Srigee" or "Issuer") at an issue price of 99 per equity share (including a share premium of Rs. 89/- per Equity Share) for cash, aggregating up to
Rs. 16.98 crores ("Public Issue") out of which upto 86,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 99/- per equity share for cash, aggregating Rs. 0.86 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 16,28,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 99/- per equity share for cash, aggregating up to Rs. 16.12 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 28.71 % and 27.26 % respectively of the post-issue paid-up equity
share capital of the company.
Live video call With Our Agent