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Siyaram Recycling Industries Limited IPO Date, Price, Review and Details

 

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Siyaram Recycling Industries Limited IPO

December 14, 2023 - December 18, 2023 Closed
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Siyaram Recycling Industries Limited IPO

Siyaram Recycling Industries Limited IPO was engaged in producing a range of brass components for plumbing and sanitary purposes, including brass inserts, ceramic cartridges (brass spindles), valves, and extension nipples, tailored to meet their customer's specifications. Their manufacturing units in Lakhabaval village, Jamnagar district, ensure the quality of these products. Notable brands like Hindware, ROCA, Eauset, Somany, Supreme, AGI Greenpac, and Ashirvad Pipes are among their esteemed customers. They contribute to the preservation of natural resources since they lessen the necessity for mining and extracting new metals. Additionally, recycling aids in lowering energy consumption because the process requires less energy compared to the production of new brass.

Company Promoters:

·  Dwarkadhish Venture Private Limited
·  Ramgopal Ochhavlal Maheshwari
·  Bhavesh Ramgopal Maheshwari
·  Madhu Ramgopal Maheshwari

Objects of this Issue:

·  Repayment of a portion of certain borrowing availed by their Company
·  General Corporate Purpose

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

15,136.31

9,851.35

9,823.59

Total Liabilities

10,494.19

5,974.65

6,269.36

Net Profit

765.42

322.47

142.28

Siyaram Recycling Industries Limited IPO Schedule

1.     Bid or Offer Opens on: 14 December 2023
2.     Bid or Offer Closes on: 18 December 2023
3.     Finalization of BoA: 19 December 2023
4.     Initiation of Refunds: 20 December 2023
5.     Credit of shares to Demat account: 20 December 2023
6.     Listing Date: 21 December 2023

Siyaram Recycling Industries Limited IPO Lot Size

The market lot size of Siyaram Recycling Industries Limited IPO is 1600 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  3000

₹138,000

Maximum

1

  3000

₹138,000

S-HNI(Minimum)

2

  6,000

₹276,000

Company Contact Details:

Plot No. 6 & 7, Village: Lakhabaval

Post: Khodiyar Colony, Jamnagar361006 Gujarat

Phone: +91-75750-20500

Email: cs@siyaramindustries.co.in

Website: www.siyaramindustries.co.in

 

Siyaram Recycling Industries Limited IPO Registrar Details:

CAMEO CORPORATE SERVICES LIMITED

Subramanian Building”, No. 1,

Club House Road Chennai-600002

Telephone: +91 44 40020700

Email:  ipo@cameoindia.com

Website: www.cameoindia.com


Frequently Asked Question

The listing date is typically announced by the company after the completion of the IPO process. Keep an eye on official announcements and stock exchange updates for this information.
You will receive on Siyaram Recycling Industries Limited IPO shares in your Demat account on December 19, 2023, if allotted.
The face value of Siyaram Recycling Industries Limited IPO is ₹10 per share.
Opening date of Siyaram Recycling Industries Limited IPO is December 14, 2023.
If you do not get the allotment of on siyaram recycling industries pvt ltd products, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
To participate, you typically need to open a trading account with a registered stockbroker and submit your application through the designated channels during the IPO period.
Siyaram Recycling Industries Limited IPO share price ₹43 to ₹46 per share.
Minimum and maximum order quantity is 1 lot only.
Post-issue shareholding of the siyaram recycling industries ltd promoter is [.]%.
Siyaram Recycling Industries Limited IPO Shares will be listed at BSE SME.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Siyaram Recycling Industries Limited IPO shares will get listed on December 21, 2023.
The meaning of "Siyaram Recycling Industries Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Siyaram Recycling Industries Limited IPO on the current day.
Closing date of Siyaram Recycling Industries Limited IPO is December 18, 2023.
Pre-issue shareholding of the Siyaram Recycling Industries Limited IPO promoter is 100%.
Lot size of the Siyaram Recycling Industries Limited IPO is 3000 shares.
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