New Delhi: Srigee DLM IPO will open for public subscription on Ma5 5, 2025 and end on 7th May. The initial public offer, a book build issue of Rs 16.98 crore, is entirely a fresh issue of 17.15 lakh shares.

Srigee DLM IPO price band is set in the range of Rs 94 to Rs 99 per share. The retail investors are required to bid for a minimum lot size of 1200 shares, for which the minimum amount of investment required by retail investors is Rs 1,12,800. The HNI category investors are mandated to apply for a minimum lot size of 2 lots, for which one has to make an investment of Rs 2,37,600.

Srigee DLM IPO Allotment, GMP

Srigee DLM IPO allotment is expected to be finalised on May 8 and the initiation of refunds process is likely to take place on 9th May. The shares are likely to be credited to the demat accounts of eligible shareholders on May 9. The Srigee DLM shares will list on BSE SME with a tentative date fixed as 12th May.

Srigee DLM SME IPO is already creating a buzz in the grey market. The latest Srigee DLM IPO GMP is Rs 10, as per investorgain. With the price band of Rs 99, the shares of the company are estimated to be listed at Rs 109 per equity share, indicating a 10.10 percent gain.

The book-running lead manager of Srigee DLM IPO is GYR Capital Advisors Private Limited. Bigshare Services Pvt Ltd is the registrar for the issue and Globalworth Securities Limited is the market maker.

Srigee came into existence in December 2005, with the business of plastic mouldings for consumer durables. Initially the company was named Srigee Enterprises Private Limited. Later, it became Srigee DLM Private Limited and is engaged in the business of plastic injection molding, mastering custom polymer compounds and precision mold design.

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