A New Chapter of Growth Begins!
Srigee DLM Ltd.
Invest in Srigee DLM to be part of India’s growing manufacturing story, backed by strong revenue growth, diversified capabilities, and trusted partnerships with global brands. With expanding operations and a proven track record, Srigee is poised for scalable, sustainable success.



Srigee DLM Limited is thrilled to announce its upcoming IPO!
Mark your calendars as we open bidding from May 5th to May 7th, 2025. Get ready to be part of our growth journey as we take our next big step — listing on the BSE SME platform!
IPO DETAILS
Details | Information |
---|---|
Anchor Bidding | 02nd May 2025 |
IPO Dates | 05th – 07th May, 2025 |
Listing Date (BSE) | 12th May, 2025 |
Price Band | ₹94 – ₹99 per Share |
IPO Size | Up to 17,14,800 Equity Shares |
Lot Size | 1,200 Equity Shares and multiples thereof |
Issue Size (At Upper Band) | ₹16.98 Cr |
Minimu m Investment | ₹1,12,800 (Lower Price Band) to ₹1,18,800 (Upper Price Band) |
Anchor (Upto) | 4,84,800 Equity Shares |
Net QIB (Upto) | 3,25,200 Equity Shares |
NII (Not less than) | 2,46,000 Equity Shares |
Retail (Not less than) | 5,72,400 Equity Shares |
Market Maker | 86,400 Equity Shares |
Pre and Post-Offer Equity Shares
Outstanding prior to the Offer | 42,58,800 Equity Shares of face value of ₹10 each |
Outstanding after the Offer | 59,73,600 Equity Shares of face value of ₹10 each |
Anchor Bidders
Before we hit the sea of capital market, here are Anchor Investors of Srigee DLM Ltd –
Sr. No. | Name of Anchor Investor | No. of Equity Shares Allocated | No. of Equity Shares allocated as a % of Anchor Investor Portion | Bid Price (Per Equity Share) |
---|---|---|---|---|
1. | Abundantia Capital VCC – Abundantia Capital III | 3,00,000 | 61.88 | 99 |
2. | Vikasa India EIF I Fund – Incube Global Opportunities | 1,84,800 | 38.12 | 99 |
Total | 4,84,800 | 100.00 |

BUSINESS MODEL & REVENUE STREAM
Srigee DLM Limited follows an integrated business model, catering to OEMs and ODMs across various sectors:
Plastic Injection Moulding & Assembly
Manufacturing of home appliances, automotive components, & consumer electronics, ensuring end-to-end solutions.
Polymer Compounding & Trading
Providing customised and standard polymer materials, supporting diverse industry needs with our brand name Polymos™.
Tool Room & Die Manufacturing
In-house mould design, prototyping, and development, enhancing cost efficiency and production flexibility.
Mobile Phone Assembly – Job Work
Offers cellular phone assembly with efficient production and industry compliance, utilizing reliable machinery, skilled labor, and a structured supply chain for leading brand.
FINANCIAL PERFORMANCE
Particulars | Dec ’24 | FY 24 | FY 23 | FY 22 |
---|---|---|---|---|
Revenue from Operations | 5,434.38 | 5,442.73 | 4,714.48 | 3,301.26 |
Profit After Tax | 377.21 | 309.54 | 281.17 | 113.45 |
PAT Margin | 6.94% | 5.69% | 5.96% | 3.44% |
RONW (%) | 20.44% | 21.08% | 26.53% | 14.57% |
ROCE (%) | 23.99% | 25.80% | 31.59% | 15.70% |
Srigee DLM Ltd. is pleased to announce that it is going public! As part of our commitment to transparency and regulatory compliance, we had submitted our Draft Herring Prospectus (DHRP) for review by market regulators and investors. It got approved on 14th March 2025. The RHP dated 24th April, 2025, offers comprehensive insights into Srigee’s financial performance, growth strategies, market potential, and risk factors, ensuring that potential investors have all the information needed to make informed decisions.
Post the filing of the Draft Red Herring Prospectus (DRHP), Srigee DLM Limited has been allotted an additional plot (size ~2.68 Acres) at the IITGNL, Delhi Mumbai Industrial Corridor (DMIC), a flagship program of the Government of India aiming to develop “Futuristic Smart Industrial Cities” . Details of this allotment have been incorporated and disclosed in the Red Herring Prospectus (RHP) dated 24th April 2025. Investors are advised to refer to the RHP for updated and complete information before participating in the IPO scheduled between May 5 – May 7, 2025.
These documents are now available for you, showcasing our journey, market outlook, and future plans as we step into the public market. We are excited to invite investors to become a part of Srigee’s growth story as we work to redefine excellence in our industry.
PRESS RELEASE

Srigee DLM Limited IPO to Open On 5th May, Sets Price Band at Rs 94 to Rs 99 Per Share
Incorporated on December 20, 2005, as Srigee Enterprises Private Limited, Srigee DLM Private Limited began with plastic mouldings for consumer durables in the year 2012. By 2013, Srigee DLM Private Limited diversified into home appliance mouldings and boosted its capacity by adding advanced injection moulding machines. The company is poised for its initial public offering (IPO), with plans to raise INR 16.98 crores through the issuance of 17,14,800 fresh Equity shares.
For its SME Initial Public Offering (IPO), Srigee DLM Limited has set a price band of Rs. 94 to Rs. 99 per share. The company’s shares will open for subscription on Monday, May 05, 2025 and closes on Wednesday, May 07, 2025. These will be listed on the BSE SME, with a projected listing date of Monday, May 12, 2025.
GYR Capital Advisors Private Limited is the book-running lead manager of the Srigee DLM IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Srigee DLM IPO is Globalworth Securities Limited.
The issue proceeds will be utilized to meet out capital expenditure to set up a manufacturing facility in Greater Noida, acquisition of machineries to be installed at proposed manufacturing facility and general corporate purposes.
On Thursday, May 08, 2025, the shares for the Srigee DLM IPO are anticipated to be allotted, and on Friday, May 09, 2025, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.
Retail investors need to contribute a minimum of Rs 1,18,800 considering the minimum lot size for an application is 1200 shares. For HNIs, the minimum bidding size is two lots, or 2400 shares, for a total investment of Rs 2,37,600 at the upper price band.
Srigee DLM Limited’s revenue was Rs 54.34 crore on 31st Dec 2024 and profit after tax (PAT) was Rs 3.77 crore. The market capitalization of Srigee DLM IPO is Rs 59.14 Cr.
Srigee DLM Limited is engaged in design-led manufacturing and assembly services, specializing in plastic injection moulding, tool room & die manufacturing, mobile phone sub-assembly, and polymer compounding & trading.
The company caters to industries like consumer durables, home appliances, automotive components, and electronics by delivering high-quality, cost-efficient, and reliable manufacturing solutions to leading OEMs.
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