Srigee DLM Limited (BSE SME)
May 5, 2025 – May 7, 2025
| Price | ₹94 - ₹99 |
| Premium | ₹10.5 |
|---|---|
| Lot size | 1200 |
| Allotment | May 8, 2025 |
| Listing | May 12, 2025 |
Plot No. 434,
Udyog Kendra 2, Ecotech 3,
Greater Noida
Phone: +91 9911786252
Email: compliance@srigee.com
Website: http://www.srigee.com/
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 118800 | 477 |
| HNI | 2 | 2400 | 237600 | 205 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.38% | 572400 |
| NII (HNI) | 14.35% | 246000 |
| QIB | 18.96% | 325200 |
| Anchor | 28.27% | 484800 |
| Market Maker | 5.04% | 86400 |
| Total | 100.00% | 1714800 |
Srigee DLM IPO Details
| Issue Size | 17,14,800 shares (aggregating up to ₹16.98 Cr) |
| Fresh Issue | 17,14,800 shares (aggregating up to ₹16.98 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 42,58,800 shares |
| Share Holding Post Issue | 59,73,600 shares |
| Market Maker Portion | 86,400 shares |
| Market Maker | Globalworth Securities |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 22.76% | 24.49% | 30.59% |
| ROCE | 23.99% | 25.80% | 31.82% |
| RONW | 20.44% | 21.08% | 26.53% |
| EPS (basic) | 8.86 | 7.53 | 6.89 |
| P/E Pre IPO | 13.62 | ||
| P/E Post IPO | 11.76 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 32.0 | 25.0 | 19.9 | 16.2 |
| Revenue | 54.5 | 54.7 | 47.3 | 33.0 |
| Profit After Tax | 3.8 | 3.1 | 2.8 | 1.1 |
| Net Worth | 18.5 | 14.7 | 10.6 | 7.8 |
| Reserves and Surplus | 14.2 | 10.3 | 8.8 | 6.0 |
| Total Borrowing | 2.8 | 2.3 | 2.5 | 3.7 |
About Company
Srigee DLM Private Limited, incorporated on December 20, 2005, as Srigee Enterprises Private Limited, started its journey with plastic mouldings for consumer durables and expanded into home appliance mouldings by 2013, enhancing its capabilities with advanced injection molding machines. Today, the company specializes in design-led manufacturing and assembly services, offering expertise in plastic injection moulding and assembly, tool room and die manufacturing, cellular phone sub-assembly and moulding, as well as polymer compounding and trading. Serving industries such as consumer durables, home appliances, automotive components, and electronics, Srigee DLM Private Limited provides high-quality, cost-efficient, and reliable manufacturing solutions to leading OEMs like Symphony Limited, Starion, Dipty Lal Judge Mal Pvt. Ltd. (DLJM), and Syntyche Tradex Enterprises. With a strong focus on quality, timely delivery, and customer satisfaction, the company is expanding its operations with a new facility at Ecotech-10, Greater Noida, dedicated to electronics, electrical assembly, and advanced plastic moulding.As of January 31, 2025, the company has 61 permanent employees.
Strength
Established Customer Relationships: Strong ties with leading OEMs and potential for further customer base expansion.
Experienced Leadership: Promoter and management team bring deep industry knowledge and operational expertise.
Comprehensive Solutions: Offers end-to-end services with a dedicated design and development team for customized manufacturing needs.
Weakness
Litigation Exposure: Ongoing legal proceedings could lead to liabilities, penalties, and reputational harm.
Customer Concentration: Heavy reliance on key customers poses a risk to revenue stability and profitability.
Supplier Dependence: Dependence on a limited number of suppliers could disrupt operations if relationships are lost.