Srigee Dlm Ipo: Check Allotment Status, Grey Market Premium & Listing Date

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Srigee DLM IPO witnessed highest information from nan non-institutional investors (NIIs), witnessing a whopping subscription of 1,136.02 times.

The ground of allotment of shares for precocious concluded first nationalist offering (IPO) of Srigee DLM is expected to beryllium finalised connected Thursday. The first stock sale, which ended connected Wednesday (May 7), received a stellar consequence from investors, pinch nan offering being oversubscribed by astir 456.80 times, BSE information showed.

Srigee DLM IPO witnessed nan highest information from nan non-institutional investors (NIIs), witnessing a whopping subscription of 1,136.02 times. The unit investors' information was booked 243.71 times and nan qualified organization purchaser (QIB) class was subscribed 137.59 times.

The SME offering, weighted astatine astir Rs 16.98 crore, comprises an wholly caller rumor of 1.71 cardinal equity shares pinch nary connection for waste (OFS) component.

The nationalist rumor was unfastened betwixt May 5 and May 7. The IPO was disposable astatine a value set of Rs 94–99 per stock pinch a batch size of 1,200 shares.

Once nan allotment of Srigee DLM IPO shares gets finalised, investors tin cheque their position connected nan charismatic websites of nan BSE and Bigshare Services, nan IPO's registrar.

* Check Srigee DLM IPO allotment position connected BSE: https://www.bseindia.com/investors/appli_check.aspx

* Check Srigee DLM IPO allotment position connected Bigshare Services: https://ipo.bigshareonline.com/ipo_status.html

Latest GMP

The unlisted shares of Srigee DLM were trading astatine astir Rs 132 per share, reflecting a grey marketplace premium (GMP) of Rs 99 aliases 33.33 per cent complete nan precocious extremity of nan IPO value band. Srigee DLM is apt to debut connected nan BSE SME level tentatively connected May 12.

Established successful 2005, Srigee DLM offers broad integrative manufacturing solutions, combining creation expertise pinch accumulation capabilities. The institution serves some OEM and ODM clients, offering services including integrative injection molding, instrumentality and dice manufacturing, polymer compounding, and assembly. Through backward integration, nan institution has developed in-house capabilities successful dice design, testing, and polymer compounding.

Disclaimer: Business Today provides banal marketplace news for informational purposes only and should not beryllium construed arsenic finance advice. Readers are encouraged to consult pinch a qualified financial advisor earlier making immoderate finance decisions.

Published on: May 8, 2025 11:10 AM IST

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