Baheti Recycling Industries Limited IPO Review & Details

Baheti Recycling Industries Limited IPO

Baheti Recycling Industries Limited IPO (Baheti Recycling Industries Limited IPO)

Note: Baheti Recycling Industries Limited IPO is an NSE SME IPO. They are going to raise ₹12.42  Crores via IPO. The issue is a price range of Rs. 45 per Equity Share. The IPO is to be listed on NSE SME. 

Baheti Recycling Industries is incorporated in 1994, the company is an aluminum recycling-based company. The company is primarily active in processing aluminum-based metal scrap to manufacture (i) aluminum alloys in the form of ingots and (ii) aluminum de-ox alloys in the form of cubes, ingots, shots, and notch bars.

The company is also active in trading scrap materials such as aluminum 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 established capacity for processing aluminum scrap.

The company’s customers include ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd., etc.

Baheti Recycling Industries markets its products in around 12 states & Union Territories in India. Baheti Recycling Industries Limited also sells our products to foreign buyers located in Japan, Canada, the USA, China, Hong Kong, UAE, Taiwan, etc.

Baheti Recycling Industries Limited IPOFinancial Reports

Baheti Recycling Industries Limited Financial Reports
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 4535.09 10595.84 19.19 1033.23 658 3118.89
31-Mar-21 6301 12780.02 47.78 1081.02 706.02 3789.61
31-Mar-22 8190.39 24926.06 291.98 1669.51 1213 5074.81
31-May-22 7939.48 5757 57.36 1726.87 1270.36 4536.31
Amount in ₹ Lakhs

Baheti Recycling Industries IPO Date & Price Band 

IPO Open: November 28, 2022
IPO Close: November 30, 2022
IPO Size: Approx ₹12.42 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: Rs. 45 per Equity Share
IPO Listing on: NSE SME 
Retail Quota: 50%
QIB Quota: -%
NII Quota: -%

Baheti Recycling Industries Limited IPO Market Lot

The Baheti Recycling Industries IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000

Baheti Recycling Industries IPO Allotment & Listing Dates

The IPO date is November 28 and the IPO close date is November 30, 2022. The IPO allotment date is December 05 and the Baheti Recycling Industries Limited IPO listing is on December 08, 2022.

Event Tentative Date
Opening Date Nov 28, 2022
Closing Date Nov 30, 2022
Basis of Allotment Dec 5, 2022
Initiation of Refunds Dec 6, 2022
Credit of Shares to Demat Dec 7, 2022
Listing Date Dec 8, 2022

What is the official website of Baheti Recycling Industries Limited?

Baheti Recycling Industries Limited Official Website is https://www.bahetiindustries.com/

What is the registered address of Baheti Recycling Industries Limited?

Baheti Recycling Industries Limited
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office, Shahibaug
Ahmedabad – 380 004, Gujarat,
Phone: : +91-79-25627681/82
Email: info@bahetiindustries.com
Websitehttps://www.bahetiindustries.com/

Baheti Recycling Industries Limited Company Promoter

Mr. Shankerlal Bansilal Shah, Mr. Balkishan Shankerlal Shah, and Mr. Yash Shankerbhai Shah are the company promoters.

Baheti Recycling Industries Limited Registrar

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Websitehttp://www.purvashare.com

Baheti Recycling Industries Limited Lead Managers

  1. Hem Securities Limited

Baheti Recycling Industries IPO Prospectus

  1.  Baheti Recycling Industries IPO DRHP
  2.  Baheti Recycling Industries IPO RHP

What is Baheti Recycling Industries IPO?

Baheti Recycling Industries Limited IPO is an NSE SME IPO. They are going to raise ₹12.42  Crores via IPO. The issue is a price range of Rs. 45 per Equity Share. The IPO is to be listed on NSE SME.

When will Baheti Recycling Industries IPO open?

The IPO will open for Retail Investors on November 28, 2022.

What is Baheti Recycling Industries IPO Investors Portion?

The investors’ portion for Retail is 50%.

What is Baheti Recycling Industries IPO Size?

The IPO size is ₹12.42 crores.

What is Baheti Recycling Industries IPO Price Band?

The IPO Price range of ₹45 per equity share.

What is Baheti Recycling Industries IPO Minimum and Maximum Lot Size?

The Baheti Recycling Industries IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000

What is Baheti Recycling Industries Limited IPO Allotment?

The IPO allotment date is December 05, 2022.

What is Baheti Recycling Industries Limited IPO Listing?

The IPO listing date is December 24, 2022. The IPO to list on NSE SME.

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