Srigee DLM IPO 2025 Everything You Need to Know About This SME IPO Opportunity

If you're an investor looking into promising SME IPOs in 2025, you might want to pay close attention to the Srigee DLM IPO 2025. This company is making waves with its fresh public issue on the BSE SME platform. Let's dive deep into the details, so you can decide whether this IPO is a good addition to your investment portfolio.
๐ Srigee DLM IPO 2025 Timeline
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IPO Opening Date: May 5, 2025
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IPO Closing Date: May 7, 2025
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Allotment Date (Tentative): May 8, 2025
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Refund Initiation: May 9, 2025
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Credit of Shares to Demat: May 9, 2025
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Listing Date (Tentative): May 12, 2025
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UPI Mandate Deadline: May 7, 2025 (5 PM)
๐ IPO Details at a Glance
Particulars | Details |
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Issue Size | Rs 16.98 Crores |
Fresh Issue | 17.15 Lakh Shares |
Price Band | โน94 to โน99 per share |
Lot Size | 1,200 shares |
Minimum Retail Investment | โน1,12,800 - โน1,18,800 (cut-off price suggested) |
Minimum HNI Investment | 2 lots (2,400 shares) = โน2,37,600 |
Market Maker | Globalworth Securities Limited |
Listing Exchange | BSE SME |
Lead Manager | GYR Capital Advisors Pvt. Ltd. |
Registrar | Bigshare Services Pvt. Ltd. |
๐ผ About Srigee DLM Limited
Srigee DLM Limited, formerly Srigee Enterprises Pvt. Ltd., was founded in December 2005. Over the years, it has grown into a design-led manufacturing and assembly company offering:
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Plastic injection moulding
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Tool room & die manufacturing
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Mobile phone sub-assembly
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Polymer compounding & trading
The company has successfully catered to several sectors:
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Consumer durables
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Home appliances
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Automotive components
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Electronics
Their clientele includes reputed OEMs like Symphony Ltd., Starion, DLJM, and Syntyche Tradex. They're also expanding with a new facility in Ecotech-10, Greater Noida, to increase production in electronics and advanced plastic moulding.
๐ Objects of the Issue
The proceeds from the Srigee DLM IPO 2025 will be used for:
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Setting up a new manufacturing facility at Ecotech – X, Greater Noida.
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Acquiring machinery for the proposed facility.
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General corporate purposes.
Estimated Allocation:
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โน54.28 million – Facility setup
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โน95.10 million – Machinery purchase
๐ผ Company’s Competitive Strengths
Srigee DLM Limited stands out in the SME sector due to:
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Strong relationships with OEMs
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Experienced promoters and leadership team
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Cost-effective and flexible manufacturing operations
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In-house design and development capabilities
๐ Financial Performance Snapshot
Here’s how Srigee DLM has performed financially:
Period Ending | Revenue (โน Cr) | PAT (โน Cr) | Assets (โน Cr) | Net Worth (โน Cr) |
Dec 31, 2024 | 54.47 | 3.77 | 32.02 | 18.46 |
Mar 31, 2024 | 54.65 | 3.10 | 24.99 | 14.68 |
Mar 31, 2023 | 47.25 | 2.81 | 19.89 | 10.60 |
Mar 31, 2022 | 33.04 | 1.13 | 16.23 | 7.79 |
โจ Key Financial Ratios & KPIs
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ROE: 24.49%
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ROCE: 25.80%
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Debt/Equity: 0.15
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PAT Margin: 5.69%
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P/E (Post IPO): 11.76x
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Price to Book Value: 2.90x
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Market Cap (Expected): โน59.14 Cr
๐ Srigee DLM IPO Lot Size
Category | Lot(s) | Shares | Amount (at Cutoff) |
Retail | 1 lot | 1,200 | โน1,18,800 |
HNI | 2 lots | 2,400 | โน2,37,600 |
๐ Promoter Holding
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Pre-Issue Promoter Holding: 63.44%
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Post-Issue Holding: [To be updated post listing]
Promoters:
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Mr. Shashi Kant Singh
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Mrs. Suchitra Singh
โ Should You Apply for Srigee DLM IPO 2025?
According to expert [Dilip Davda], the IPO appears fully priced but shows growth in both revenue and profit over the years. The company's small equity base suggests it may take time to migrate to the main board.
Pros:
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Strong financials
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Low debt
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High ROE and ROCE
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Established customer base
Cons:
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Small equity size post IPO
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SME IPOs are relatively illiquid compared to mainboard IPOs
Verdict: Well-informed investors can consider applying for the Srigee DLM IPO 2025 with a medium to long-term horizon.
๐ How to Apply for Srigee DLM IPO 2025
You can apply through:
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Zerodha Console: Login → IPO → Srigee DLM → Bid
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UPI Apps: Ensure UPI mandate is approved before 5 PM, May 7, 2025
๐ฒ Srigee DLM Contact & Registrar Info
Company Address: Srigee DLM Limited, Plot No. 434, Udyog Kendra 2, Ecotech 3, Greater Noida, Uttar Pradesh
Phone: +91 9911786252 Email: compliance@srigee.com Website: www.srigee.com
Registrar: Bigshare Services Pvt. Ltd. Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: Bigshare IPO Status
๐ Final Thoughts
The Srigee DLM IPO 2025 presents an interesting opportunity for retail and HNI investors interested in the SME sector. With solid financials, clear growth plans, and a diversified manufacturing profile, the company shows potential for long-term value creation. However, like all SME IPOs, liquidity and valuation risks remain. Make sure to do your due diligence before investing.
Have you decided to invest in Srigee DLM IPO 2025? Share your thoughts in the comments below!
Disclaimer: This blog post is for informational purposes only and does not constitute investment advice. Always conduct your own research or consult with a financial advisor before making investment decisions.