Srigee DLM IPO Live
Already have an account? Apply now
Schedule of Srigee DLM
| Issue open date | 05 May 2025 |
| Issue close date | 07 May 2025 |
| UPI mandate deadline | 07 May 2025 (5 PM) |
| Allotment finalization | 08 May 2025 |
| Refund initiation | 09 May 2025 |
| Share credit | 09 May 2025 |
| Listing date | 12 May 2025 |
| Mandate end date | 22 May 2025 |
| Lock-in end date for anchor investors (50%) | 07 Jun 2025 |
| Lock-in end date for anchor investors (remaining) | 06 Aug 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Srigee DLM
Incorporated in 2005, Srigee DLM provides end-to-end plastic manufacturing solutions with a focus on design-driven production for improved functionality and manufacturability. It serves both OEM and ODM clients, offering services like material selection, extrusion, mold making, injection moulding, polymer compounding, and final assembly. Products cater to home appliances, electronics, and the automotive sectors. Key offerings include air coolers, inverter components, TV cases, switches, MCB covers, battery chargers, plugs, emergency lights, and various automotive plastic parts. Clients include Indian companies and multinational corporations in the home appliances, mobile, and automotive industries.
Financials of Srigee DLM
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹16.98 crores |
| Fresh Issue | ₹16.98 crores |
| Offer for sale | – |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Setting up a manufacturing facility | 5.43 (31.98%) |
| Acquisition of machinery | 9.51 (56%) |
| General corporate purposes | 2.04 (12.02%) |
Strengths
- Strong relationships with renowned, long-term, and global customer base
- Experienced promoter and leadership team with strategic business expertise
- End-to-end solutions with integrated design and development capabilities
- Flexible and cost-effective manufacturing, ensuring high operational efficiency
- Proven track record of growth and solid financial performance
Risks
- Ongoing litigations may affect reputation, business, and financial status.
- Business heavily reliant on a few key customers’ orders.
- Delays or defaults in customer payments may impact cashflow.
- Failure to implement growth strategy may affect performance.
- No NOC from lenders may breach loan agreement terms.
- Operating with hazardous materials poses safety and liability risks.
- Manufacturing disruptions may impact operations and financial results.
Allotment Status for Srigee DLM
To check your allotment status – click here.
Subscription Figures for Srigee DLM
Subscription numbers as of 5:00 PM on 05 May 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 3.26 | 4.70 | 1.45x |
| NII (₹2L+) | 2.46 | 62.62 | 25.46x |
| Retail (upto ₹2L) | 5.72 | 90.18 | 15.75x |
| Total | 11.43 | 157.51 | 13.77x |