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 ₹94 to ₹99 per share with a face value of ₹10 each.
Srigee DLM IPO Subscription Status
Srigee DLM IPO subscribed over 490.93x on its Last day till 05.00 PM on 7th May 2025.
- Srigee DLM IPO subscription QIB investors portion is 136.52x times, while NII subscribed 1534.66x times and RII investors subscribed 243.71x times.
- The company has received bids for 56,14,26,000 shares against 11,43,600 shares on offer on the Last day.
- Srigee DLM IPO subscribed over 57.06x on day 2.
- Srigee DLM IPO subscribed over 13.77x on day 1.
About Srigee DLM IPO
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 DLM IPO Company Financial Report
The company reported revenue of ₹54.65 crores in 2024 against ₹47.25 crores in 2023. The company reported a profit of ₹3.10 crores in 2024 against a profit of ₹2.81 crores in 2023.
Srigee DLM IPO GMP:
Srigee DLM IPO GMP was ₹22 as of Wednesday, 7th May 2025. That indicates the IPO is trading at ₹121 with a ₹22 premium in the grey market against the issue price of ₹99.