Baheti Recycling Industries IPO date is fixed, The IPO will open on November 25 and will close on November 30, 2022. Baheti Recycling Industries is an NSE SME IPO to raise ₹12.42 crores via IPO. The Baheti Recycling Industries IPO price band is fixed at ₹45 with a market lot of 3000 shares.
Baheti Recycling Industries Limited (BRIL) is a leader in Scrap Processing and Recycling in India. Their recycled aluminum scrap produces fine Aluminum Products at the company. They have a presence in 12 states & Union Territories in India with foreign clients in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan, etc.
Baheti Recycling Industries is a well-known manufacturer, exporter, and supplier of superior grade Metals, Aluminum Alloy, and Ingots. Their manufacturing plant is at Dehgam (Gandhinagar, Gujarat). A few of their customers are Arcelor Mittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd., etc.
Objects of the Issue:
- Modernization and expansion of existing manufacturing unit.
- To meet Working Capital requirements.
- General Corporate Purposes.
- To meet issue expenses.
Baheti Recycling Industries IPO Review
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Baheti Recycling Industries IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 8 December | ₹45 | ₹- | ₹110000 |
Baheti Recycling Industries IPO Date & Price Band Details
| IPO Open: | November 28, 2022 |
| IPO Close: | November 30, 2022 |
| IPO Size: | Approx ₹12.42 Crores, 2,760,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹45 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Baheti Recycling Industries IPO Market Lot
The Baheti Recycling Industries IPO minimum market lot is 3000 shares with a ₹135,000 application amount.
| Minimum IPO Lot Size: | Minimum 3000 shares for 1 lot |
| Minimum Amount: | ₹135,000 for 1 lot |
Baheti Recycling Industries IPO Dates
The Baheti Recycling Industries IPO date is November 28 and the IPO close date is November 30. The IPO allotment date is December 5 and the IPO might list on December 8.
| IPO Open Date: | November 28, 2022 |
| IPO Close Date: | November 30, 2022 |
| Basis of Allotment: | December 5, 2022 |
| Refunds: | December 6, 2022 |
| Credit to Demat Account: | December 7, 2022 |
| IPO Listing Date: | December 8, 2022 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Baheti Recycling Industries IPO Form
How to apply Baheti Recycling Industries IPO? You can apply Baheti Recycling Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Baheti Recycling Industries IPO in the Invest section. The other option you can apply Baheti Recycling Industries IPO via IPO forms download via the NSE website. Check out the Baheti Recycling Industries forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Baheti Recycling Industries Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹106 | ₹106 | ₹0.19 |
| 2021 | ₹128 | ₹127 | ₹0.48 |
| 2022 | ₹249 | ₹245 | ₹2.92 |
Baheti Recycling Industries IPO Valuation – FY2022
Check Baheti Recycling Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.84 per Equity Share |
| Price/Earning P/E Ratio: | 11.72 |
| Return on Net Worth (RoNW): | 17.49% |
| Net Asset Value (NAV): | ₹21.94 per Equity Share |
Peer Group
- Arfin India Limited
- Nupur Recyclers Limited
Company Promoters
- Mr. Shankerlal Bansilal Shah
- Mr. Balkishan Shankerlal Shah
- Mr. Yash Shankerbhai Shah
Baheti Recycling Industries IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: http://www.purvashare.com
Baheti Recycling Industries IPO Allotment Status
Check Baheti Recycling Industries IPO allotment status on Purvashare website URL. Click Here
Baheti Recycling Industries IPO Lead Managers
- Hem Securities Limited
Company Address
Baheti Recycling Industries Limited
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office, Shahibaug
Ahmedabad – 380 004, Gujarat,
Phone: : +91-79-25627681/82
Email: [email protected]
Website: https://www.bahetiindustries.com/
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One Response
Baheti is maheshwari surname but promoters are Shah .may some one know it’s cause .ipo is little to its borrowings .may ipo be some big to re pay dues .or follow on right issue will come after 1-2 years .