Srigee DLM IPO GMP & Review: Apply or Avoid?

Srigee DLM IPO is open for bidding today on 5th May 2025. It is a book-building IPO consisting of a fresh issue of 17,14,800 shares worth ₹16.98 crores. The issue will be listed on BSE and SME on its tentative listing date, 12th May 2025. 

Srigee DLM IPO Details 

Srigee DLM IPO date is fixed between 5th May 2025 and 7th May 2025. The face value of Srigee DLM Limited shares stands at ₹10 per share, and the IPO price band is fixed between ₹94 and ₹99 per share. 

Bigshare Services Private Limited is the registrar of Srigee DLM IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Srigee DLM IPO Share Reservation

Srigee DLM IPO is a bookbuilding IPO issue of 17,14,800 shares worth ₹16.98 crores. Srigee DLM shares will be listed on the BSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories. 

Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors). 

Srigee DLM IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on Srigee DLM IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 5th May 2025, Srigee DLM IPO GMP stands at ₹10 per share, which means the share will likely show a listing at ₹109 (99+10) on its tentative listing date, 12th May 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Srigee DLM IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Srigee DLM IPO Review

Check out the detailed Srigee DLM IPO review for a thorough understanding of its potential to report listing gains on 10th May 2025. The Srigee DLM IPO reviews below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for the Srigee DLM IPO.

Srigee DLM Limited’s revenue increased by 15.66% from ₹47.25 crore in March 2023 to ₹54.65 crore in March 2024. Moreover, the company’s PAT increased by 10.32% from ₹2.81 crore to ₹3.10 crore. 

Srigee DLM Limited has shown consistent revenue growth, indicating that the company is financially stable. So, it can have a positive outlook for Srigee DLM IPO for its tentative listing day, which is 10th May 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of Srigee DLM IPO.

The PE ratio of Srigee DLM Limited shares is 13.62, and its Earnings Per Share (EPS) stands at 7.72. The Srigee DLM IPO can potentially deliver gains on its tentative listing date, 10th May 2025. 

Srigee DLM Limited Peer Comparison

Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Srigee DLM Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Srigee DLM IPO Subscription Status

Srigee DLM IPO is set to open for bidding on 5th May 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Srigee DLM IPO Subscription Status. 

About Srigee DLM Limited

Srigee DLM Limited was incorporated on 20th December 2005 and began its operations with plastic mouldings for consumer durables. Srigee DLM Private Limited was engaged in design-led manufacturing and assembly services. The company is operating with 61 permanent employees. With the Srigee DLM IPO, the company aims to expand its domestic footprint with a new manufacturing facility at Ecotech-10, Greater Noida, Uttar Pradesh. Here are the major competitive strengths of Srigee DLM Limited. 

• Flexible and Cost-Effective.
• Experienced Promoter and Management.
• Robust Relationship With Established Customer Base.

Srigee DLM Limited Financials

The company’s financial analysis is essential before applying for the Srigee DLM IPO. Look at the table to learn about Srigee DLM Limited’s financials. 

Explanation

Srigee DLM Limited’s revenue increased by 15.66% from ₹47.25 crore in March 2023 to ₹54.65 crore in March 2024. Moreover, the company’s PAT increased by 10.32% from ₹2.81 crore to ₹3.10 crore. 

Srigee DLM IPO Bidding Requirements

Srigee DLM IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Srigee DLM IPO Promoter Holdings

Have a look at the table below to check about the holdings of Srigee DLM Limited’s promoters: Mr. Shashi Kant Singh and Mrs. Suchitra Singh.

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of Srigee DLM IPO

The primary aim of the Srigee DLM IPO is to raise ₹16.98 crores. On the other hand, Srigee DLM Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for Srigee DLM IPO.

• To meet working capital requirements.
• To meet general corporate purposes. 
• To set up a manufacturing facility in Gautam Bundh Nagar, Greater Noida, Uttar Pradesh.
• To acquire types of machinery for the proposed manufacturing facility.

Should I Invest in Srigee DLM IPO?

Explore the pros and cons of Srigee DLM IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Srigee DLM IPO

• Flexible and Cost-Effective Manufacturing.
• Experience Promoter and Management.
• Robust Relationship With Customers.

Cons of Srigee DLM IPO

• Low Market Cap.

How to Apply for Srigee DLM IPO?

Check the steps mentioned below to apply for Srigee DLM IPO. 

• Step 1: Conduct thorough research on Srigee DLM IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for one lot of 1,200 shares worth ₹1,18,800 of Srigee DLM IPO.   
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for Srigee DLM IPO from more than one demat account to increase your allotment chances. 

How to Check Srigee DLM IPO Allotment Status?

You can check for Srigee DLM IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

• Visit the BSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose Srigee DLM IPO.  
• Choose whether to proceed with the PAN number or application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Srigee DLM IPO allotment status.

Let’s Wrap

Srigee DLM IPO is a bookbuilding issue of 17,14,800 shares worth ₹16.98 crores. The shares of Srigee DLM Limited will be listed on BSE and SME on its tentative listing date of 10th May 2025. Researching Srigee DLM IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Srigee DLM IPO

How is Srigee DLM IPO?

Ans. Currently, on 5th May 2025, Srigee DLM IPO GMP (Grey Market Premium) stands at ₹10 per share. It indicates that the IPO will be list at ₹109 (₹99+10). It is entirely a fresh issue of 17,14,800 shares worth ₹16.98 crore. The IPO issue price band is set between ₹94 to ₹99 per share, and the face value of each share is ₹10. 

What is Srigee DLM IPO price?

Ans. Srigee DLM IPO price band has been set between ₹94 to ₹99 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 1,200 shares worth ₹1,18,800. Moreover, HNIs are required to bid for a minimum of 2 lots (2,400 shares) worth ₹2,37,600. 

Is Srigee DLM IPO good?

Ans. During FY23-24, Srigee DLM Limited’s revenue increased by 15.66% from ₹47.25 crore in March 2023 to ₹54.65 crore in March 2024. Moreover, the company’s PAT increased by 10.32% from ₹2.81 crore to ₹3.10 crore. However, industry experts suggest skipping this IPO due to concerns over its sustainability.

Who is the registrar of the Srigee DLM IPO?

Ans. Bigshare Services Private Limited is the registrar of Srigee DLM IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding Srigee DLM IPO allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-226263 8200. 

What is the issue size of the Srigee DLM IPO? 

Ans. Srigee DLM IPO is the bookbuilding IPO for 17,14,800 shares worth ₹16.98 crore. It is an entirely fresh issue of 17,14,800 shares worth ₹16.98 crore. Moreover, the IPO is set to open on 5th May 2025 and will be closed on 7th May 2025. 

Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about the Srigee DLM IPO, download the Srigee DLM IPO RHP and Srigee DLM IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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