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

The Siyaram Recycling IPO has begun on 14-December-2023. It will close on 18-December-2023. The Total IPO Size is 22.96 Crores. The company set its IPO price is 43-46 Rs Per Share. Basically, There are three basic categories in Siyaram Recycling IPO Subscription 1) QIB 2) Retail Individual Investors (RIIs) 3) HNI

Siyaram Recycling is established in 2007.

Siyaram Recycling is primarily engaged in (i) segregation of brass scrap (ii) manufacturing of brass ingots, billets and brass rods and (iii) manufacturing of brass based components (plumbing and sanitary parts)

Manufacturing of brass based components (plumbing and sanitary parts)- They manufacture various brass components (plumbing and sanitary parts) such as brass inserts, brass ceramic cartridges (brass spindles), brass valves, extension nipples etc. as per the customer’s requirements, from our two manufacturing units (Unit-I and Unit-II) located at village Lakhabaval, district Jamnagar. Some of the renowned brands which are their customers include Hindware, ROCA, Eauset, Somany, Supreme, AGI Greenpac (formerly known as HSIL) and Ashirvad Pipes.

Manufacturing of brass ingots, billets and rods – They manufacture brass ingots, billets and rods through brass scrap from their manufacturing unit-II located at Village Lakhabaval, District Jamnagar. We mainly export these products to China. Additionally, They supply brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac (formerly known as HSIL).

Segregation of brass scrap – They procure brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done at our unit-III located at Village Lakhabaval, District Jamnagar. Post segregation, the segregated brass is termed as Brass scrap honey. The brass scrap is mainly sold by us in Gujarat.

Check :- Upcoming SME IPO 2023

Siyaram Recycling IPO Promotor Holding

Dwarkadhish Venture Private Limited, Ramgopal Ochhavlal Maheshwari, Bhavesh Ramgopal Maheshwari and Madhu Ramgopal Maheshwari are the promoters of the company.

Siyaram Recycling IPO Date, Details & Price Band

IPO Opening Dates 14-December-2023
IPO Closing Dates 18-December-2023
Price Band 43-46 Rs
Fresh issue 22.96 Crore
Total IPO size 22.96 Crore
Minimum bid (lot size) 3000 Shares
Face Value 10 INR Per Share
Listing On BSE SME

Siyaram Recycling IPO Market Lot

The Siyaram Recycling IPO minimum market lot is 3000 shares With 1,38,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 3000 1,38,000 Rs
Maximum 1 3000 1,38,000 Rs
S-HNI (Min) 2 6000 2,76,000 Rs

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

Total Assets Total Revenue Profit After Tax
31-Mar-21 9,823.59 13,972.93 142.28
31-Mar-22 5,062.51 10,395.18 172.99
31-Mar-23 8,104.32 13,500.99 761.56

Siyaram Recycling IPO GMP Grey Market Premium

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

Siyaram Recycling IPO Prospectus

Siyaram Recycling IPO
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Siyaram Recycling IPO Reviews

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Siyaram Recycling IPO Form Download

Siyaram Recycling IPO is available on BSE Website as well as on our Portal. Please click here Siyaram Recycling IPO form Download.

Siyaram Recycling IPO Allotment Date & Details

Allotment Date 19-December-2023
Initiation of refunds 20-December-2023
Transfer of shares to Demat accounts 20-December-2023
Listing Date 21-December-2023
Check Allotment Status Click here

Registrar of Siyaram Recycling IPO

Address: 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: Akun Goyal/Deeksha Kaku
SEBI Registration Number. INM000010981

Siyaram Recycling Contact Details

Siyaram Recycling Industries Limited
Plot No. 6 & 7,
Village: Lakhabaval Post
Khodiyar Colony, Jamnagar-361006
Phone: +91-75750-20500
Email: [email protected]

Siyaram Recycling IPO Lead Managers

Address: “Subramanian Building”, No. 1,
Club House Road Chennai-600002.
Tel No.: +91 44 40020700, (5lines)
Email: [email protected]
Contact Person: K. Sreepriya
Designation: Vice President & Company Secre

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