Srigee DLM IPO: Key Details, Subscription Status, and GMP Insights

Incorporated as Srigee Enterprises Private Limited on December 20, 2005, the company—now known as Srigee DLM Private Limited—started with plastic mouldings for consumer durables. By 2013, it expanded into home appliance mouldings and enhanced its production capacity with advanced injection molding machines.

Today, Srigee DLM Private Limited specializes in design-led manufacturing and assembly services, offering expertise in plastic injection moulding, tool room & die manufacturing, mobile phone sub-assembly, and polymer compounding & trading. It serves key industries, including consumer durables, home appliances, automotive components, and electronics, providing high-quality, cost-effective manufacturing solutions to leading OEMs.

The company operates across multiple business verticals:

  • Plastic Injection Moulding & Assembly
  • Tool Room & Die Manufacturing
  • Cellular Phone Assembly & Moulding
  • Polymer Compounding & Trading

With a strong emphasis on quality, timely delivery, and cost efficiency, Srigee DLM has established long-term partnerships with major OEMs such as Symphony Limited, Starion, Dipty Lal Judge Mal Pvt. Ltd. (DLJM), and Syntyche Tradex Enterprises.

Srigee DLM IPO will open for subscription on May 5, 2025, and close on May 7, 2025, with a price band set at ₹94 to ₹99 per share. The allocation is divided into 35% for retail investors, 50% for QIBs, and 15% for HNIs. The equity shares are scheduled to debut on the BSE on May 12, 2025, with share allotments being completed by May 8, 2025.

The company has demonstrated consistent financial improvement, with revenues climbing to ₹54.65 crores in 2024 compared to ₹47.25 crores in the previous fiscal year. Profits also saw an increase, rising to ₹3.10 crores in 2024 compared to ₹2.81 crores in the previous year, reflecting improved operational performance.

Srigee DLM IPO Details

IPO DateMay 5, 2025 to May 7, 2025
Listing Date[.]
Face Value₹10 per share
Issue Price Band₹94 to ₹99 per share
Lot Size1,200 Shares
Total Issue SizeApprox ₹16.98 Crores
Fresh IssueApprox ₹16.98 Crores
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share Holding Pre Issue42,58,800 shares
Share Holding Post Issue59,73,600 shares

Srigee DLM IPO Dates

Srigee DLM IPO subscription window runs from May 5, 2025, to May 7, 2025.

IPO Open DateMon, May 5, 2025
IPO Close DateWed, May 7, 2025
Tentative AllotmentThu, May 8, 2025
RefundsFri, May 9, 2025
Credit of Shares to DematFri, May 9, 2025
IPO Listing DateMon, May 12, 2025
UPI Mandate Confirmation Deadline5 PM on May 7, 2025

Srigee DLM IPO Market Lot

The Srigee DLM IPO has a minimum bid lot of 1,200 shares, amounting to ₹1,18,800 per application.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹1,18,800
Retail Maximum11200₹1,18,800
S-HNI Minimum22,400₹2,37,600
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