Baheti Recycling Industries Limited IPO

Baheti Recycling Industries Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹45 per share. The stock debuted at ₹120, delivering a listing gain of 166.7%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,35,000.

Baheti Recycling Industries Limited IPO

NSE SME Listed
₹1,35,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 28, 2022 – Nov 30, 2022
Price band
₹45 per equity share
Minimum Investment
₹1,35,000
Issue size
2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr)
Lot size
3000
Allotment Date
Dec 5, 2022
Listing
Dec 8, 2022
Listing At
NSE SME

IPO timeline

  1. Nov 28, 2022

    Open Date

    Completed

  2. Nov 30, 2022

    Close Date

    Completed

  3. Dec 5, 2022

    Allotment Date

    Completed

  4. Dec 8, 2022

    Listing Date

    Completed

Baheti Recycling Industries Limited IPO Essentials

Baheti Recycling Industries Limited IPO Details

Baheti Recycling Industries Limited IPO is priced at ₹45 per share with a total issue size of 2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.

Issue price
₹45 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share
Issue size
2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr)
Listing at
NSE SME
List price
120.0
Listing date
Registrar
Purva Sharegistry India Pvt Ltd
Lead manager
Hem Securities Limited

Baheti Recycling Industries Limited IPO Details

  • Retail Portion N/A

Baheti Recycling Industries Limited IPO Documents

Baheti Recycling Industries Limited IPO Analytics

Baheti Recycling Industries Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Baheti Recycling Industries Limited IPO Subscription Status

Baheti Recycling Industries Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS (Post IPO)
₹3.84/-
P/E Ratio
11.72

Returns

RoNW
17.49%

Data sourced from DRHP / RHP • For educational purposes only

Baheti Recycling Industries Limited Financials( In Lakhs)

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

Baheti Recycling Industries Limited Company & Offer Insights

About Baheti Recycling Industries Limited

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 are the company's promoters of Baheti Recycling Industries Limited.

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.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Baheti Recycling Industries Limited IPO is a Fixed Priced IPO worth ₹2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr). The issue price is ₹45 per share (fixed price). The IPO opens on Nov 28, 2022 and closes on Nov 30, 2022. It will be listed on NSE SME Platform. Purva Sharegistry India Pvt Ltd is the registrar.

The issue price of Baheti Recycling Industries Limited IPO is ₹45 per share (fixed price).

The lot size of Baheti Recycling Industries Limited IPO is 3000 shares.

The minimum investment for Baheti Recycling Industries Limited IPO is approximately ₹1,35,000 based on the issue price .

Baheti Recycling Industries Limited IPO opens on Nov 28, 2022 and closes on Nov 30, 2022.

The allotment date of Baheti Recycling Industries Limited IPO is Dec 5, 2022.

Baheti Recycling Industries Limited IPO is expected to be listed on Dec 8, 2022, on NSE SME Platform.

Baheti Recycling Industries Limited IPO valuation snapshot: P/E 11.72, EPS ₹3.84/-, P/B N/A, RoNW 17.49%, and market cap N/A.

To apply for Baheti Recycling Industries Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Baheti Recycling Industries Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Baheti Recycling Industries Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Baheti Recycling Industries Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Baheti Recycling Industries Limited IPO allotment status on IPO Ji for quick and easy access.