Siyaram Recycling Industries Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 13-12-2023 | 17-12-2023 | 10 | 0 | 3000 Shares | BSE SME | 4,992,000 shares (aggregating up to ₹22.96 Cr) | 2023-12-18 18:30:00 | 2023-12-19 18:30:00 | 2023-12-19 18:30:00 | 20-12-2023 |
About The Company
Siyaram Recycling IPO is a book built issue of Rs 22.96 crores. The issue is entirely a fresh issue of 49.92 lakh shares.
Siyaram Recycling IPO opens for subscription on December 14, 2023 and closes on December 18, 2023. The allotment for the Siyaram Recycling IPO is expected to be finalized on Tuesday, December 19, 2023. Siyaram Recycling IPO will list on BSE SME with tentative listing date fixed as Thursday, December 21, 2023.
Siyaram Recycling IPO price band is set at ₹43 to ₹46 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹138,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹276,000.
Hem Securities Limited is the book running lead manager of the Siyaram Recycling IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Siyaram Recycling IPO is Hem Finlease.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2023 | 15136 | 49786 | 765 | 4642.12 | 3261.57 | 6706.95 |
| 30-03-2022 | 9851 | 42644 | 322 | 3876.71 | 2496.16 | 2821.02 |
| 30-03-2021 | 9824 | 13973 | 142 | 3554.23 | 2173.68 | 2931.72 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 0.00 |
| Non-Institutional Buyer | 1.70 |
| Retail Investors | 6.63 |
| Total | 3.68 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | 138000 |
| Retail (Max) | 1 | 3000 | 138000 |
| HNI (Min) | 2 | 6000 | 276000 |
IPO Listing Details
| Listing Date | 20-12-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Dwarkadhish Venture Private Limited, Ramgopal Ochhavlal Maheshwari, Bhavesh Ramgopal Maheshwari and Madhu Ramgopal Maheshwari
Contact Information of the Company
Siyaram Recycling Industries Limited
Plot No. 6 & 7,
Village: Lakhabaval Post
Khodiyar Colony, Jamnagar-361006
Phone: +91-75750-20500
Email: cs@siyaramindustries.co.in
Website: https://www.siyaramindustries.co.in/
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager
Hem Securities Limited