Baheti Recycling Industries Limited IPO
NSE SMEListed On: Dec 8, 2022 at ₹ 120.0
₹ 270000 /6000 Shares
*Min Investment
28 Nov, 2022
Open Date30 Nov, 2022
Close Date05 Dec, 2022
Allotment Date08 Dec, 2022
Listing DateBaheti Recycling Industries Limited IPO Issue Details
- Issue Price ₹45 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr)
- Listing at NSE SME
- List Price 120.0
- Listing Date 2022-12-08
- Lead Manager Hem Securities Limited
- Registrar Purva Sharegistry India Pvt Ltd
Baheti Recycling Industries Limited IPO Details
- Retail Portion N/A
Baheti Recycling Industries Limited IPO Details
Baheti Recycling Industries Limited IPO is an SME IPO, priced at ₹45 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Nov 28, 2022 to Nov 30, 2022. The allotment is expected to be finalized on Dec 5, 2022, and the tentative listing date is Dec 8, 2022.
The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
Baheti Recycling Industries Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,305,000 | 1,305,000 | 2,613,000 |
Day 1 28-11-22 06:00 PM | 3.48 x | 17.43 x | 10.45 x |
Day 2 29-11-22 06:00 PM | 19.09 x | 102.33 x | 60.67 x |
Day 3 30-11-22 06:00 PM | 256.88 x | 436.65 x | 347.53 x |
Baheti Recycling Industries Limited Valuations
Baheti Recycling Industries Limited Company Financials
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 8190.39 | 6301 | 4535.09 | N/A |
| Revenue | 24926.06 | 12780.02 | 10595.84 | N/A |
| Profit After Tax | 291.98 | 47.78 | 19.19 | N/A |
About Baheti Recycling Industries Limited Company
Incorporated in 1994, Baheti Recycling Industries Limited is an aluminium recycling company. The company is primarily engaged in processing aluminium-based metal scrap to manufacture (i) aluminium alloys in the form of ingots and (ii) aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar.
The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.
Baheti Recycling Industries' manufacturing unit is situated at Dehgam (Gandhinagar, Gujarat) and has a 12,000 MT installed capacity for processing aluminium scrap.
The company's esteemed customers include ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd. etc.
The company markets its products in around 12 states & Union Territories in India. Baheti Recycling Industries Limited also sell our products to foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc.
Baheti Recycling Industries Limited - Promoter(s)
Mr. Shankerlal Bansilal Shah
Mr. Balkishan Shankerlal Shah
Mr. Yash Shankerbhai Shah
Pre Issue Share Holding : 99.98%
Post Issue Share Holding : 73.37%
Baheti Recycling Industries Limited IPO - Issue Objectives
Modernization and expansion of existing manufacturing unit.
To meet Working Capital requirements.
General Corporate Purpose.
To meet issue expenses.
Baheti Recycling Industries Limited IPO - FAQs
Ans. Baheti Recycling Industries Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Nov 28, 2022, and closes on Nov 30, 2022. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Baheti Recycling Industries Limited IPO opens on Nov 28, 2022 and closes on Nov 30, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Baheti Recycling Industries Limited IPO is 2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr).
Ans. The Baheti Recycling Industries Limited IPO price band is set between ₹45 per equity share.
Ans. To apply for Baheti Recycling Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Baheti Recycling Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Baheti Recycling Industries Limited IPO is Dec 5, 2022.
Ans. The Baheti Recycling Industries Limited IPO will be listed on Dec 8, 2022.
Ans. Follow the steps to check the Baheti Recycling Industries Limited IPO allotment status online.
