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2 min read | Updated on May 09, 2025, 08:49 IST
SUMMARY
Srigee DLM IPO allotment finalised: The initial public offering received a whopping 456.80 times subscription as investors applied for 56,18,60,400 shares compared to 12,30,000 shares on offer, according to the BSE data.
Srigee DLM IPO is purely a fresh issuance of shares aggregating to ₹16.98 crore. | Image: Srigee.com
Srigee DLM IPO allotment status: The basis of allotment of Srigee DLM was finalised on Thursday, May 8. Investors who applied for the public issue can head to the websites of Bigshare Services and BSE to check bid finalisation details.
The initial public offer received a whopping 456.80 times subscription as investors applied for 56,18,60,400 shares compared to 12,30,000 shares on offer, according to the BSE data.
The retail investors’ portion was booked 243.71 times, with the company securing bids for 13,95,02,400 shares as against 5,72,400 shares set aside for them. The non-institutional investors’ (NIIs) quota was subscribed 1,136.02 times, with bids for 37,76,12,400 shares compared to 3,32,400 shares reserved for the category.
The qualified institutional buyers (QIBs) applied for 4,47,45,600 shares compared to 3,25,200 shares on offer, receiving 137.59 times the subscription.
The objectives of the issue are
Shares of Srigee DLM will list on the BSE SME platform on Monday, May 12, at 10 am.
The company is a key player in plastic injection moulding, custom polymer compounds, and precision mould design.
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