Baheti Recycling Industries Limited
Fixed Price IPO · NSE
- Price band
- ₹45 - ₹45
- Lot size
- 3,000 shares
- Issue amount
- ₹12.42 cr
- Total subscription
- 347.53×
- Opens
- 28 Nov 2022
- Closes
- 30 Nov 2022
- Allotment
- 6 Dec 2022
- Listing
- 8 Dec 2022
Offer at a glance
Issue overview
- Issue size
- 27,60,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Purva Sharegistry India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,35,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 76,08,530
- Shares after issue
- 1,03,68,530
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,35,000 |
| HNI | 2 | 6,000 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 1994, Baheti Recycling Industries Limited is an aluminium recycling company specializing in processing aluminium-based scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys as cubes, ingots, shots, and notch bars. The company is also engaged in trading various scrap materials, including aluminium, brass, copper, and zinc scrap. Its manufacturing unit, located in Dehgam, Gandhinagar, Gujarat, has an installed capacity of 12,000 MT for aluminium scrap processing. Baheti Recycling Industries serves prominent clients such as ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, and Sunflag Iron & Steel Co. Ltd., and markets its products across approximately 12 states and union territories in India, as well as internationally to buyers in Japan, Canada, the USA, China, Hong Kong, UAE, and Taiwan.
Strengths
- In-House Manufacturing: Operates a technology-driven production facility for better control.
- Strict Quality Control: Ensures consistent and standardized product quality.
- Diverse & Loyal Client Base: Serves a wide range of customers with long-standing relationships.
- Strong Supplier Network: Sources raw materials from a reliable and diversified supplier base.
- Experienced Leadership Team: Promoters with industry expertise supported by a dedicated management team.
Promoters
Mr. Shankerlal Bansilal Shah
Mr. Balkishan Shankerlal Shah
Mr. Yash Shankerbhai Shah
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Purva Sharegistry India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A-2/3, L.R. Apartments, Opp. Police Commissioner Office, Shahibaug Ahmedabad – 380 004, Gujarat,
+91-79-25627681/82
[email protected]Company website ↗Understanding BAHETI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.