Last updated on December 12, 2022
Baheti Recycling Industries IPO description – Baheti Recycling Industries is an aluminium recycling company. It 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.
It is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.
The company’ 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 its products to foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc.
Promoters of Baheti Recycling Industries – Mr. Shankerlal Bansilal Shah, Mr. Balkishan Shankerlal Shah and Mr. Yash Shankerbhai Shah
Baheti Recycling Industries IPO Details
| Baheti Recycling Industries IPO Dates | 28 – 30 November 2022 |
| Baheti Recycling Industries IPO Price | INR 45 per share |
| Fresh issue | 27,60,000 shares (INR 12.42 crore) |
| Offer For Sale | Nil |
| Total IPO size | 27,60,000 shares (INR 12.42 crore) |
| Minimum bid (lot size) | 3,000Â shares (INR 1,35,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Baheti Recycling Industries Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 105.96 | 127.80 | 249.26 |
| Expenses | 105.68 | 127.05 | 245.20 |
| Net income | 0.19 | 0.48 | 2.92 |
Baheti Recycling Industries Offer News
Baheti Recycling Industries Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.31 | 0.76 | 3.84 |
| PE ratio | – | – | 11.72 |
| RONW (%) | 1.86 | 4.42 | 17.49 |
| NAV | 16.53 | 17.30 | 21.94 |
Baheti Recycling Industries IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 7 Dec 2022 | 40 | – | 90,000 |
| 6 Dec 2022 | 40 | – | 90,000 |
| 5 Dec 2022 | 40 | – | 90,000 |
| 3 Dec 2022 | 32 | – | 75,000 |
| 2 Dec 2022 | 32 | – | 75,000 |
| 1 Dec 2022 | 30 | – | 70,000 |
| 30 Nov 2022 | 30 | – | 70,000 |
| 29 Nov 2022 | 15 | – | 50,000 |
| 28 Nov 2022 | 8 | – | 40,000 |
| 25 Nov 2022 | 6 | – | – |
| 24 Nov 2022 | 5 | – | – |
Baheti Recycling Industries Offer Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,380,000 | 1,380,000 | 2,760,000 |
| 30 Nov 2022 | 245.12 | 412.92 | 329.02 |
| 29 Nov 2022 | 18.11 | 96.77 | 57.44 |
| 28 Nov 2022 | 3.31 | 16.48 | 9.89 |
Baheti Recycling Industries Offer Lead Manager
HEM SECURITIES LIMITED
904,A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email: [email protected]
Website: www.hemsecurities.com
Baheti Recycling Industries Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J. R. Boricha Marg,
Lower Parel (East) Mumbai 400011, Maharashtra, India.
Phone: +91 022 2301 8261
E-mail:Â [email protected]
Website: www.purvashare.com
Baheti Recycling Industries Contact Details
BAHETI RECYCLING INDUSTRIES LIMITED
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office,
Shahibaug, Ahmedabad – 380 004
Gujarat, India
Phone: +91-79-25627681/82
E-mail:[email protected]
Website: www.bahetiindustries.com
Baheti Recycling Industries IPO Allotment Status
Baheti Recycling Industries IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Baheti Recycling Industries IPO Dates & Listing Performance
| Baheti Recycling IPO Opening Date | 28 November 2022 |
| Baheti Recycling Industries IPO Closing Date | 30 November 2022 |
| Finalisation of Basis of Allotment | 5 December 2022 |
| Initiation of refunds | 6 December 2022 |
| Transfer of shares to demat accounts | 7 December 2022 |
| Baheti Recycling IPO Listing Date | 8 December 2022 |
| Opening Price on NSE SME | INR 120 per share (up 166.67%) |
| Closing Price on NSE SME | INR 114 per share (up 153.33%) |
Baheti Recycling Industries IPO FAQs
What is Baheti Recycling Industries offer size?
Baheti Recycling Industries offer size is INR 12.42 crore.
What is Baheti Recycling Industries IPO Price Band?
Baheti Recycling Industries public offer price is INR 45 per share.
What is the lot size of Baheti Recycling Industries IPO?
Baheti Recycling Industries offer lot size is 3,000 shares.
What is Baheti Recycling Industries IPO GMP today?
Baheti Recycling Industries IPO GMP today is INR 40 per share.
What is Baheti Recycling Industries kostak rate today?
Baheti Recycling Industries kostak rate today is NA per application.
What is Baheti Recycling Industries Subject to Sauda rate today?
Baheti Recycling Industries Subject to Sauda rate today is INR 90,000 per application.
