Baheti Recycling Industries Limited
NSE SME₹135,000 / 3000 Shares
Baheti Recycling Industries Limited IPO Details
The Baheti Recycling Industries Limited IPO price band is set between ₹45 per equity share, with a face value of ₹10 per share. The issue is managed by Purva Sharegistry India Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 28 Nov, 2022 and closes on 30 Nov, 2022. Investors can check the allotment status on 5 Dec, 2022, while the listing date is tentatively scheduled for 8 Dec, 2022.
The total issue size is 2,760,000 shares of ₹10, aggregating up to ₹12.42 Cr. Stay tuned for the latest Baheti Recycling Industries Limited IPO review and GMP updates.
Baheti Recycling Industries Limited IPO Review, Rating & Analysis
Baheti Recycling Industries Limited IPO Review
NO REVIEWBaheti Recycling Industries Limited IPO Rating
Baheti Recycling Industries Limited IPO Highlights
IPO Date
Nov 28, 2022 - Nov 30, 2022
Listing Date
8 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹45 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Baheti Recycling Industries Limited IPO Lot Size
The minimum market lot for Baheti Recycling Industries Limited IPO is 3000 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 21000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 24000 | ₹10,80,000 |
Baheti Recycling Industries Limited IPO Timeline
Issue Price
₹45 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Purva Sharegistry India Pvt LtdLead Manager
Hem Securities LimitedIssue Size
2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr)Baheti Recycling Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 8190.39 | 24926.06 | 291.98 | - | - | - |
| 31 Mar 21 | 6301 | 12780.02 | 47.78 | - | - | - |
| 31 Mar 20 | 4535.09 | 10595.84 | 19.19 | - | - | - |
| 31 Mar 19 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Shankerlal Bansilal Shah
- Mr. Balkishan Shankerlal Shah
- Mr. Yash Shankerbhai Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.98% | 73.37% |
About 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 IPO Subscription 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 |
Frequently Asked Questions about Baheti Recycling Industries Limited IPO
When will Baheti Recycling Industries Limited IPO open for subscription?
The Baheti Recycling Industries Limited IPO opens on 28 Nov, 2022 and closes on 30 Nov, 2022.
What is the investors portion for Baheti Recycling Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1305000.
How to apply for Baheti Recycling Industries Limited IPO?
You can apply for Baheti Recycling Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Baheti Recycling Industries Limited IPO?
The issue size of Baheti Recycling Industries Limited IPO is approx ₹2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr) crores.
What is the price band of Baheti Recycling Industries Limited IPO?
The price band for Baheti Recycling Industries Limited IPO is ₹45 per equity share to ₹undefined.
What is the lot size of Baheti Recycling Industries Limited IPO?
The minimum bid (lot size) for Baheti Recycling Industries Limited IPO is N/A shares with an investment of approx ₹135,000 .
What is the allotment date of Baheti Recycling Industries Limited IPO?
The allotment date for Baheti Recycling Industries Limited IPO is 5 Dec, 2022.
What is the listing date of Baheti Recycling Industries Limited IPO?
The listing date for Baheti Recycling Industries Limited IPO is expected to be 8 Dec, 2022.
What is the GMP of Baheti Recycling Industries Limited IPO?
The latest Grey Market Premium (GMP) for Baheti Recycling Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.