Srigee DLM IPO Allotment Today: A Step-By-Step Guide To Check Status Online, Know Latest GMP
The Srigee DLM IPO allotment is expected to take place today, May 8, in the evening. Once allotted, investors can check the allotment status online. Here's a step-by-step guide.
Srigee DLM IPO Allotment Status, GMP Today: The allotment of the Srigee DLM IPO, which closed on Wednesday, is expected to be finalised in the evening today, Thursday (May 8). Once finalised, investors will start getting bank debit messages. They can also check the IPO allotment status online on registrar Bigshare Services Pvt Ltd's website.
Srigee DLM IPO Allotment: How To Check Allotment Status?
The IPO allotment is expected to take place today, May 8, in the evening. Once allotted, investors can check the allotment status by following these steps:
Step 1: Visit https://www.bigshareonline.com/ipo_allotment.html.
Step 2: Select any one of the servers — 'Server-1', 'Server-2' and 'Server-3'.
Step 3: Click on 'Select Company' drop-down menu and choose 'Srigee DLM Limited'.
Step 4: Click on 'Select Selection Type' drop-down menu and choose any one from 'application number/ CAF No.', 'beneficiary ID', and PAN number.
Step 6: Enter Captcha
Step 7: Click on 'Search'.
Your share application status will appear on your screen.
Alternatively, you can also check the Srigee DLM allotment status on the BSE's website. Here's the direct link: https://www.bseindia.com/investors/appli_check.aspx.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
The initial public offering, which was open between Monday (May 5) and Wednesday (May 7), received a whopping 490.93 times subscription on the final day of bidding garnering bids for 56,14,24,800 shares as against the 11,43,600 shares on offer.
The retail category was subscribed by an overwhelming 243.71 times, while the NII got a huge 1,534.66 times subscription. The QIB category received a 136.52 times subscription.
The price of the Rs 16.98-crore IPO was fixed at Rs 99 apiece.
The Srigee DLM IPO is entirely a fresh issue of 17.15 lakh shares. Its price band has been fixed at Rs 94 to Rs 99 per share.
As of December 31, 2024, Srigee DLM Limited reported revenue of Rs 54.34 crore and a profit after tax (PAT) of Rs 3.77 crore. The market capitalisation for the Srigee DLM IPO stands at Rs 59.14 crore.
As per the red herring prospectus (RHP),the company's listed peers are Amber Enterprises India Ltd (with a P/E of 169.65), and Cyient DLM Ltd (with a P/E of 55.46).
GYR Capital Advisors Private Limited is the book-running lead manager of the Srigee DLM IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Srigee DLM IPO is Globalworth Securities Limited.
First Published:
May 08, 2025, 07:24 IST
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