Srigee DLM Limited IPO: GMP, Price, Dates – Complete Overview

Srigee DLM Limited IPO: GMP, Price, Dates – Complete Overview

The Indian SME IPO market is witnessing a surge in activity, and Srigee DLM Limited is the latest entrant aiming to capitalize on this momentum. This Greater Noida-based plastic injection moulding company is launching its IPO to fund expansion and reduce debt. In this blog, we delve into the Srigee DLM Limited IPO, price, key dates, company profile, and expert analysis to aid investors in making informed decisions.

🏢 About Srigee DLM Ltd

Established in 2005, Srigee DLM Ltd operates in the plastic injection moulding sector, providing end-to-end manufacturing solutions for OEM and ODM clients. The company serves industries such as home appliances, mobile, and automotive, offering services from design to assembly. The IPO proceeds are intended for setting up a new manufacturing facility in Greater Noida and acquiring advanced machinery.

💰 Srigee DLM IPO Price & Details

• IPO Name: Srigee DLM Limited IPO

• Issue Size: ₹16.98 crore

• Issue Price: ₹94 - ₹99 per equity share

• Lot Size: 1,200 shares

• Minimum Investment: ₹1,18,800

• Face Value: ₹10 per share

• Listing At: BSE SME

• Total Shares Offered: 17,14,800

• Public Offer: 5,72,400 shares

• Issue Type: Book Building Issue
  
  

Srigee DLM IPO GMP (Grey Market Premium)

As of May 5, 2025, the Srigee DLM IPO GMP is reported at ₹8, indicating a positive sentiment in the grey market. This suggests an estimated listing price of ₹107, which is approximately 8.08% higher than the IPO price of ₹99. It's important to note that GMP is a speculative figure and may not accurately predict the listing price.

Srigee DLM IPO Overview– Expert Take

The Srigee DLM IPO Overview suggests that the company has shown consistent growth in revenue and profit over the past three years. With a P/E ratio of 13.14x based on FY 2024 earnings, the IPO appears undervalued compared to industry peers with an average P/E of 112.56x. Investors should consider the following:

• Financial Performance: Assess the company's revenue and profit trends over the past few years.

• Valuation: Compare the P/E ratio with industry peers in the SME segment.

• Use of Proceeds: Evaluate how effectively the funds will be utilized for growth.

• Promoter Holding: Understand the shareholding pattern post-IPO.
  
  

Given the current GMP and the company's growth trajectory, the IPO may be suitable for investors looking for long-term value.

Key Highlights of Srigee IPO

• Established Brand: Operating since 2005 with a focus on plastic injection moulding.

• IPO Size: ₹16.98 crore, indicating a small-cap offering.

• Fixed Price Issue: Priced at ₹94 - ₹99 per share.

• Listing: Scheduled on BSE SME platform on May 12, 2025
  
  

Final Thoughts on Srigee DLM Limited IPO

The Srigee DLM Limited IPO offers investors a chance to be part of a growing player in the plastic manufacturing and OEM/ODM services space. With a solid foundation, clear expansion plans, and reasonable valuations compared to industry peers, this IPO can be appealing for long-term investors.

However, as with any SME IPO, market risks and business scalability must be carefully assessed. While the current Srigee DLM IPO GMP suggests a potential premium listing, investors should avoid relying solely on grey market sentiments.

To make smarter decisions in IPOs and mutual funds, it's also a good idea to explore tools like a SIP Calculator online which can help you estimate returns and plan your portfolio better over time.

For continuous updates on IPOs, expert insights, and allotment status, follow trusted platforms like Finowings and stay informed before you invest.