Siyaram Recycling Industries Ltd
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Siyaram Recycling Industries Ltd IPO Timeline
Siyaram Recycling Industries Ltd was originally incorporated as a Private Limited Company under the name of 'Siyaram Impex Private Limited' on February 12, 2007 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli, Further, the name of Company was changed from 'Siyaram Impex Private Limited' to 'Siyaram Recycling Industries Private Limited' vide certificate dated July 27, 2023. Subsequently, Company converted into a Public Limited and the name of Company was changed from 'Siyaram Recycling Industries Private Limited' to 'Siyaram Recycling Industries Limited' vide a fresh Certificate of Incorporation dated August 24, 2023 issued by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Siyaram Recycling Industries Ltd IPO Opening Date | 14 December 2023 |
| Siyaram Recycling Industries Ltd IPO Closing Date | 18 December 2023 |
| Basis of Allotment | 19 December 2023 |
| Initiation of Refunds | 20 December 2023 |
| Credit of Shares to Demat | 20 December 2023 |
| Siyaram Recycling Industries Ltd IPO Listing Date | 21 December 2023 |
Siyaram Recycling Industries Ltd IPO Details
| Siyaram Recycling Industries Ltd IPO Date | - |
| Siyaram Recycling Industries Ltd IPO Face Value | - |
| Siyaram Recycling Industries Ltd IPO Price | - |
| Siyaram Recycling Industries Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | Not more than 9,48,000 of the Net Offer |
| Retail Shares Offered | Not less than 16,59,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 9,63,000 of the Net Offer |
| Company Promoters | Dwarkadhish Ventures Pvt Ltd, Ramgopal Ochhavlal Maheshwari, Bhavesh Ramgopal Maheshwari |
Siyaram Recycling Industries Ltd IPO Lot Size
The Siyaram Recycling Industries Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Strategically located manufacturing facilities.
- Stringent quality control mechanism ensuring standardized product quality.
- Diversified Client Base and long-standing relationship with its customers.
- Strong and diversified supplier base for sourcing raw material.
- Experienced Promoters supported by dedicated Management team.
Company Financials
Siyaram Recycling Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 170.33 | 414.25 | 7.52 |
| 03-2023 | 151.33 | 497.86 | 7.17 |
| 03-2022 | 98.51 | 426.44 | 3.22 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of s portion of certain borrowings availed by the company
- General corporate purposes
Siyaram Recycling Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 90.55% |
| Post Issue Share Holding | 66.51% |
Siyaram Recycling Industries Ltd IPO Subscription Status (Bidding Detail)
The Siyaram Recycling Industries Ltd IPO is subscribed 358.07 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 459.11 times in the retail category, 96.43 times in the QIB category, and 441.57 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 96.43 | 441.57 | 459.11 | - | 358.07 |
Siyaram Recycling Industries Ltd IPO Prospectus
Siyaram Recycling Industries Ltd IPO Listing Date
| BSE Script | 544047 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0QSK01017 |
| IPO Price | ₹46 |
| Face Value | ₹10 |
Company Contact Information
Plot # 6&7 Village Lakhabaval-Post Khodiyar Colony,Jamnagar-361006
Phone: +91-75750-20500
Email: cs@siyaramindustries.co.in
Website: www.siyaramindustries.co.in
Siyaram Recycling Industries Ltd IPO Registrar
Siyaram Recycling Industries Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Siyaram Recycling Industries Ltd IPO?
I have pre-applied for Siyaram Recycling Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.