The Srigee DLM IPO 2025 is set to open for subscription on May 05, 2025, and close on May 07, 2025, offering investors a unique opportunity to participate in an innovative company. Srigee DLM specializes in end-to-end plastic manufacturing, offering a wide range of services from material selection and extrusion to precision injection moulding and final assembly. This article provides a comprehensive overview of the IPO's key features, including the issue size, subscription details, market capitalisation, and other important financial metrics that will help investors make informed decisions.

Srigee DLM's IPO issue consists entirely of a fresh issue of 17.14 lakh equity shares, with a price band set at ₹94 to ₹99 per share. The total issue amount is ₹16.97 crores, giving the company a market capitalisation of ₹59.13 crores at the upper end of the price band. The lot size for retail investors is 1,200 shares, which translates to a minimum investment of ₹1,18,800. High-net-worth individuals (HNIs) can invest in a minimum of two lots, amounting to ₹2,37,600.

Srigee DLM IPO subscription status shows promising interest, with the IPO already subscribed 19.47 times as of 10:20 AM on May 06, 2025. The Grey Market Premium (GMP) is currently ₹17, signaling a 17.17% potential listing gain, based on the company's financial performance. While the GMP reflects market sentiment, investors should exercise caution, as it does not guarantee actual listing prices. Anchor investors have also shown confidence in the company, with ₹4.79 crores raised at ₹99 per share, which provides an additional layer of stability for the IPO.

The allotment date for the Srigee DLM IPO is expected to be May 08, 2025, with shares tentatively listing on the BSE SME platform on May 12, 2025. A step-by-step guide is provided on how to check the allotment status online, allowing investors to track their application easily.

Financial performance of Srigee DLM indicates steady growth. The company's revenues for the fiscal year 2024 stood at ₹5,446.88 lakh, reflecting consistent progress in its business operations. The EBITDA for the same period was ₹567.19 lakh, and the profit after tax (PAT) reached ₹377.21 lakh. These figures underscore the company's solid financial position and its ability to deliver value to shareholders. The pre-issue earnings per share (EPS) stands at ₹7.53, and the post-issue EPS is expected to be ₹5.18 for FY24, reflecting a reasonable price-to-earnings (P/E) ratio of 13.15x pre-issue and 19.11x post-issue.

The IPO objectives include utilizing the proceeds for capital expenditure, specifically for setting up a manufacturing facility in Greater Noida, and acquiring machinery for the facility. The company also plans to use the funds for general corporate purposes and covering the issue expenses. These initiatives are likely to support the company's growth trajectory in the highly competitive plastic manufacturing sector.

In conclusion, the Srigee DLM IPO 2025 represents an exciting investment opportunity for those looking to invest in a company with strong industry expertise and a well-rounded growth strategy. However, the IPO is considered risky, and investors are advised to assess the company's financial health and market conditions before making investment decisions. Given the GMP trend and financial metrics, we recommend that risk-taking investors consider applying for the IPO in anticipation of potential listing gains.

The IPO’s financial ratios such as ROCE, ROE, and RoNW are impressive, further supporting the potential for positive returns. The IPO is fully priced, but it remains attractive for investors seeking growth in the plastics sector.

The Upcoming IPOs in this week and coming weeks are Virtual Galaxy Infotech,Wagons Learning.

The Current active IPO are Srigee DLM, Manoj Jewellers, Kenrik Industries.

The Closed IPOs are  Arunaya Organic.

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