Baheti Recycling Industries IPO Date, GMP, Review, Price, Form & Market Lot Details

The Baheti Recycling Industries IPO has begun on 28 Nov 2022. It will close on 30 Nov 2022. The Total IPO Size is 12.42 Crore. The company set its IPO price is 45 Rs Per Share. Basically, there are two basic categories in Baheti Recycling Industries IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).

Baheti Recycling Industries is established in 1994.

Baheti Recycling Industriesis 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 versatile properties of aluminium and its alloys, results in it being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc. Aluminium alloys are used in automobiles components due to its stiffness, corrosion resistance and excellent strength to weight ratio. The Aluminium de-ox alloys are used as deoxidizer in steel manufacturing units.

The manufacturing unit, situated at Dehgam (Gandhinagar, Gujarat) has 12,000 MT installed capacity for processing aluminium scrap.

They cater to the automotive parts and steel sector in India. Some of their esteemed customers includes Arcelor Mittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd. etc. Currently, They market their products to around 11 states & Union Territories in India of which majority portion of the revenue comes from the state of Gujarat, Maharashtra, Orissa and Jharkhand. They also sell products to the foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc.

Check :- Upcoming SME IPO 2022

Peers company

1) Nupur Recyclers Limited
2) Arfin India Limited

Baheti Recycling Industries IPO Promotors

1) Shankerlal Bansilal Shah
2) Balkishan Shankerlal Shah
3) Yash Shankerbhai Shah

Baheti Recycling Industries IPO Date, Details & Price Band

IPO Opening Dates 28 Nov 2022
IPO Closing Dates 30 Nov 2022
Price Band 45 Rs Per Share
Fresh issue 12.42 Crore
Offer for Sale NIL
Total IPO size 12.42 Crore
Minimum bid (lot size) 3000 Shares
Face Value 10 INR Per Share
Retail Allocation 50%
Non-Institutional 50%
Listing On NSE SME

Baheti Recycling Industries IPO Market Lot

The Baheti Recycling Industries IPO minimum market lot is 3000 shares With 1,35,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 3000 1,35,000 Rs
Maximum 1 3000 1,35,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax Earnings per equity share
31-Mar-22 8190.39 24926.06 291.98 3.84
31-Mar-21 6301 12780.02 47.78 0.76
31-Mar-20 4535.09 10595.84 19.19 0.31

Baheti Recycling Industries IPO GMP & Grey Market Premium

Baheti Recycling Industries IPO GMP/Grey market premium has been started today. Check Latest Baheti Recycling Industries IPO GMP, Kostak Rates and Subject to Sauda Price here.

Baheti Recycling Industries IPO Prospectus

Baheti Recycling Industries IPO
DRHP Download
RHP Download

Baheti Recycling Industries IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

Baheti Recycling Industries IPO Form Download

Baheti Recycling Industries IPO is available on NSE Website as well as on our Portal. Please click here Baheti Recycling Industries IPO form Download.

Baheti Recycling Industries IPO Allotment Date & Details

Allotment Date 05 Dec 2022
Initiation of refunds 06 Dec 2022
Transfer of shares to Demat accounts 07 Dec 2022
Listing Date 08 Dec 2022

Registrar of Baheti Recycling Industries IPO

9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower Parel (East),
Mumbai – 400 011, Maharashtra, India
Tel No.: +91-022-23018261;
Fax No.: +91-022-23012517
Email: [email protected]
Investor Grievance Email: [email protected]
Contact Person: Ms. Deepali Dhuri
SEBI Regn. No. INR000001112

Baheti Recycling Industries Contact Details

Baheti Recycling Industries Limited
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office, Shahibaug
Ahmedabad – 380 004, Gujarat,
Phone: : +91-79-25627681/82
Email: [email protected]

Baheti Recycling Industries IPO Lead Managers

904,A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000;
Fax No.: +91- 022- 22625991
Email: [email protected]
Investor Grievance Email: [email protected]
Contact Person :Mr. Akun Goyal
SEBI Regn. No. INM000010981

Leave a Reply