Srigee DLM IPO subscription started on Monday, May 5th, 2025, and will close on May 7th, 2025, as per the schedule. The price band is set at ā¹94 to ā¹99 per share with a face value of ā¹10 each.Ā
Srigee DLMĀ IPO Subscription Status
Srigee DLMĀ IPO subscribed over 13.77x on its First day till 05.00 PM on 5th May 2025.Ā
- Srigee DLM IPO subscription QIB investors portion is 1.45x times, while NII subscribed 25.46x times and RII investors subscribed 15.75x times.
- The company has received bids for 1,57,51,200 shares against 11,43,600 shares on offer on the First day.
- Srigee DLMĀ IPO subscribed over 13.77x on day 1.
About Srigee DLMĀ IPOĀ
Srigee DLM is one of the leading companies in terms of plastics. It was established in 2005 and is a wide-ranging plastic manufacturing firm. It can make a full range of products, such as OEM and ODM. In addition, OEM converting plastic prototypes and ODM ensures smooth design and manufacturing process interaction. Their strategic objective is to consistently lead in cost efficiency across every product vertical they enter. They also aim to achieve this through key initiatives such as building significant manufacturing capabilities, implementing backward integration, and securing a strong industry presence in each segment. Thanks to the experience of the Promoter, who has focused on technology, ongoing research, strong supplier partnerships, solid customer relationships, and consistent industry demand.
Srigee DLMĀ IPO Company Financial Report
The company reported revenue of ā¹54.65 crores in 2024 against ā¹47.25 crores in 2023. The company reported a profit of ā¹3.10 crores in 2024 against a profit of ā¹2.81 crores in 2023.
Srigee DLMĀ IPO GMP:
Srigee DLMĀ IPO GMP was ā¹10 as of Monday, 5th May 2025. That indicates the IPO is trading at ā¹109 with a ā¹10 premium in the grey market against the issue price of ā¹99.
