Latest news with #SrigeeDLMIPO
Mint
08-05-2025
- Business
- Mint
Srigee DLM IPO allotment date in focus today. Latest GMP, step-by-step guide to check allotment status online
Srigee DLM IPO allotment date today: Srigee DLM IPO share allotment will be finalised today (Thursday, May 8). The investors who applied for the issue can check the Srigee DLM IPO allotment status on the registrar's portal, which is Bigshare Services Pvt Ltd. Srigee DLM IPO subscription status on the third day of bidding was 490.93 times, as per The subscription period for the initial public offering, Srigee DLM Limited, opened on Monday, May 5 and ended on Wednesday, May 7. Investors can check the allotment information to see how many shares they have received, if any. The status of the IPO allocation will also show the number of shares assigned to them. Applicants who do not receive shares will initiate the returns process. Their demat accounts will be credited with the shares that have been allocated to them. Individuals who received shares will have their demat accounts credited on Friday, May 9. The refund procedure will also begin on Friday. Srigee DLM IPO listing date is fixed for Monday, May 12 on BSE SME. To access your login credentials directly, go to the Bigshare website using the following URL, Link to the IPO allocation for Srigee DLM. Select the option for "Srigee DLM IPO" from the available choices. Pick 'PAN Number, Beneficiary ID, or Application No./CAF No.' You can utilize either a computer monitor or your phone's screen to view the information. Visit the allotment page on the official BSE website - Online status check for Srigee DLM IPO allotment - Pick 'Equity' from the options listed under 'Issue Type'. Select the IPO from the options given under 'Issue Name'. Provide your PAN or application number. Click on 'I am not a Robot' to verify your identity, then hit the 'Submit' button. Srigee DLM IPO GMP today is +33. This indicates Srigee DLM share price was trading at a premium of ₹ 33 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Srigee DLM share price is indicated at ₹ 132 apiece, which is 33.33% higher than the IPO price of ₹ 99. According to the analysis of grey market trends from the past 11 sessions, today's IPO GMP is showing an upward movement and is anticipated to have a robust listing. The minimum GMP stands at ₹ 0.00, whereas the maximum GMP is ₹ 33, as reported by experts at 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Economic Times
08-05-2025
- Business
- Economic Times
Srigee DLM IPO: How to check allotment status, listing date, and key details
The IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. Investors await Srigee DLM IPO allotment finalization. Subscription closed on May 7. The IPO witnessed significant oversubscription across all categories. Successful applicants will receive shares in their demat accounts by May 9. Unsuccessful applicants will receive refunds on the same day. Srigee DLM is set to debut on the BSE SME platform on May 12. Tired of too many ads? Remove Ads How to Check Srigee DLM IPO Allotment Status on BSE: Tired of too many ads? Remove Ads How to Check Allotment via Bigshare Services: Srigee DLM IPO Details: Tired of too many ads? Remove Ads Investors who applied for the Srigee DLM IPO can soon check their allotment status, with the allotment expected to be finalized on May 8. Those who have subscribed can verify their allotment status through the official website of the registrar, Bigshare Services , or directly via the BSE IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. The retail portion was subscribed 243 times, the non-institutional investor (NII) category 1534 times, and the qualified institutional buyer (QIB) segment 130 times, reflecting strong investor interest across the allotment is finalized, shares will be credited to successful bidders' demat accounts by May 9, while refunds for unallotted investors will be processed on the same day. Srigee DLM is expected to make its market debut on the BSE SME platform on May the BSE website at Select 'Srigee DLM' from the dropdown your application number or PAN to access the allotment to the registrar's website at Choose 'Srigee DLM IPO' from the your PAN or application number and click 'Search'.The IPO was well-received in the grey market, with a GMP of ₹30, suggesting a potential listing price of around Rs 129 per share, which is a premium of 30.3% over the issue Rs 16.98 crore IPO was a complete fresh issue of 17.15 lakh shares, priced between Rs 94 and Rs 99 per share. The proceeds are earmarked for setting up a manufacturing facility in Gautam Budh Nagar, Uttar Pradesh, purchasing machinery, and meeting general corporate DLM is engaged in design-led manufacturing, specializing in plastic injection moulding, tool room and die manufacturing, mobile phone sub-assembly, and polymer compounding. Its clients include players in consumer durables, home appliances, automotive components, and electronics sectors.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)
Time of India
08-05-2025
- Business
- Time of India
Srigee DLM IPO: How to check allotment status, listing date, and key details
The IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. How to Check Srigee DLM IPO Allotment Status on BSE: Live Events How to Check Allotment via Bigshare Services: Srigee DLM IPO Details: Investors who applied for the Srigee DLM IPO can soon check their allotment status, with the allotment expected to be finalized on May 8. Those who have subscribed can verify their allotment status through the official website of the registrar, Bigshare Services , or directly via the BSE IPO, which was open for subscription from May 5 to May 7, saw robust demand, being subscribed just over 400 times overall. The retail portion was subscribed 243 times, the non-institutional investor (NII) category 1534 times, and the qualified institutional buyer (QIB) segment 130 times, reflecting strong investor interest across the allotment is finalized, shares will be credited to successful bidders' demat accounts by May 9, while refunds for unallotted investors will be processed on the same day. Srigee DLM is expected to make its market debut on the BSE SME platform on May the BSE website at Select 'Srigee DLM' from the dropdown your application number or PAN to access the allotment to the registrar's website at Choose 'Srigee DLM IPO' from the your PAN or application number and click 'Search'.The IPO was well-received in the grey market, with a GMP of ₹30, suggesting a potential listing price of around Rs 129 per share, which is a premium of 30.3% over the issue Rs 16.98 crore IPO was a complete fresh issue of 17.15 lakh shares, priced between Rs 94 and Rs 99 per share. The proceeds are earmarked for setting up a manufacturing facility in Gautam Budh Nagar, Uttar Pradesh, purchasing machinery, and meeting general corporate DLM is engaged in design-led manufacturing, specializing in plastic injection moulding, tool room and die manufacturing, mobile phone sub-assembly, and polymer compounding. Its clients include players in consumer durables, home appliances, automotive components, and electronics sectors.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of Economic Times)
News18
08-05-2025
- Business
- News18
Srigee DLM IPO Receives Over 490.9x Subscription On Day 3; Check GMP Today
Last Updated: Unlisted shares of Srigee DLM Ltd are trading at Rs 124 apiece in the grey market, which is a 25.25 per cent premium over the upper IPO price of Rs 99. Srigee DLM IPO Day 3: The initial public offering of Srigee DLM Ltd received an overwhelming response from investors. The three-day IPO was closed on Wednesday at 5:00 pm. Till 5:00 pm on the final day of bidding on May 7, the Rs 16.98-crore BSE SME IPO received a whopping 490.93 times subscription garnering bids for 56,14,24,800 shares as against 11,43,600 shares on offer. The retail and NII participation stood at 243.71 times and 1,534.66 times, respectively. The qualified institutional buyers (QIB) category has received a 136.52 times subscription on the Day 2 so far. The IPO was fully subscribed in less than an hour of its opening on Monday. On the first day of bidding, it was subscribed by 13.77 times. The price band of the Srigee DLM IPO has been fixed in the range of Rs 94 to Rs 99 apiece. For investors, the minimum lot size for an application is 1,200. The minimum amount of investment required by retail investors Rs 1,18,800 on an upper price band. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to Rs 2,37,600. Srigee DLM IPO GMP Today According to market observers, unlisted shares of Srigee DLM Ltd are currently trading at Rs 124 apiece in the grey market, which is a 25.25 per cent premium over the upper IPO price of Rs 99. It indicates a decent listing gains for investors on May 12, the tentative listing date. The IPO will be listed on the BSE SME platform. After the IPO closes on May 7, the Srigee DLM IPO allotment will likely be finalised on May 8. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. 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 market maker for Srigee DLM IPO is Globalworth Securities Limited. First Published: May 07, 2025, 14:52 IST
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Business Standard
07-05-2025
- Business
- Business Standard
Srigee DLM IPO closes today; subscription rises to 107x, GMP at 30%
Srigee DLM IPO Day 3 update: The subscription window to bid for the initial public offering (IPO) of Srigee DLM is set to close today, May 7, 2025. The public issue, which opened for subscription on Monday, May 5, 2025, has received solid response from investors. According to BSE data, the issue has been subscribed over 94.74 times as of 11:53 AM on Wednesday, May 7, 2025. The subscription was led by non-institutional investors (NIIs), who bid for over 225.92 times the reserved quota, followed by retail investors at 99.71 times. The portion booked for qualified institutional buyers (QIBs) was subscribed 1.52 times. Srigee DLM IPO GMP Srigee DLM IPO details Srigee DLM IPO aims to raise ₹16.98 crore through the SME offering comprising a fresh issue of 1.71 million equity shares. There is no offer for sale (OFS) component. According to the red herring prospectus (RHP), the basis of the allotment of shares is expected to be finalised on Thursday, May 8, 2025. Shares of Srigee DLM will be listed on the BSE SME platform tentatively on Monday, May 12, 2025. The company has fixed the price band at 99 per equity share. Retail investors would require a minimum investment amount of ₹1,12,800 to subscribe for a minimum of one lot comprising 1,200 shares. High-net-worth individuals (HNIs) can bid for a minimum of two lots consisting of 2,400 shares with a minimum investment amount of ₹2,37,600. The Bigshare Services is the registrar for the issue. GYR Capital Advisors is the sole book-running lead manager. According to the red herring prospectus, the company aims to utilise ₹5.42 crore from the net fresh proceeds for setting up a manufacturing facility in Gautam Budh Nagar, Uttar Pradesh and ₹9.51 crore for the acquisition of machinery to be installed at the proposed manufacturing facility. The remaining funds will be used for general corporate purposes. About Srigee DLM IPO Incorporated in December 2005, Srigee DLM is involved in design-led manufacturing and assembly services, specialising in plastic injection moulding, tool room & die manufacturing, mobile phone sub-assembly, and polymer compounding and trading. The company caters to various industries including consumer durables, home appliances, automotive components and electronics. It offers high-quality, cost-efficient, and reliable manufacturing solutions to both OEMs and OEDs.
