| Subscription Status | Allotment Status | Listing Date |
Baheti Recycling IPO subscription is to open on Nov 28, 2022 and will close on Nov 30, 2022, the price band of the Baheti Recycling Industries IPO is fixed at ₹ 45. Baheti Recycling Industries 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.
- About Baheti Recycling
- Objects of the Issue
- Baheti Recycling Limited Financials:
- Baheti Recycling IPO Price – Details
- Baheti Recycling IPO DRHP & RHP
- Baheti Recycling IPO Lot Size
- Baheti Recycling IPO Lead Managers
- Baheti Recycling IPO Registrar
- Baheti Recycling IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- Baheti Recycling IPO – FAQS
About Baheti Recycling
Baheti Recycling Industries 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 versatile properties of aluminium and its alloys, results in it being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc. Aluminium alloys are used in automobiles components due to its stiffness, corrosion resistance and excellent strength to weight ratio. The Aluminium de-ox alloys are used as deoxidizer in steel manufacturing units.
Objects of the Issue
- Modernization and expansion of existing manufacturing unit
- To meet Working Capital requirements
- General Corporate Purpose
- To meet issue expenses
Baheti Recycling Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 8,190.39 | 6,301.00 | 4,535.09 |
| Total income | 24,926.06 | 12,780.02 | 10,595.84 |
| Total Expenses | 24,520.41 | 12,704.68 | 10,567.86 |
| Profit After Tax | 291.98 | 47.78 | 19.19 |
Baheti Recycling IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 27,60,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1242 Lakhs) |
| Issue Open Date | 28-Nov-22 |
| Issue Close Date | 30-Nov-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 45 |
| Face Value | ₹ 10 |
| Market Lot | 3000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 3000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | BAHETI |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Baheti Recycling IPO DRHP & RHP
Baheti Recycling IPO DRHP
Baheti Recycling IPO RHP
Baheti Recycling IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,35,000 |
| Maximum | 1 | 3000 | ₹ 1,35,000 |
Baheti Recycling IPO Lead Managers
- Hem Securities Limited
Baheti Recycling IPO Registrar
- Purva Sharegistry (India) Private Limited
Baheti Recycling IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 28-Nov-22 |
| Bid / Offer Closes on | 30-Nov-22 |
| Finalisation of Basis of Allotment | 05-Dec-22 |
| Initiation of refunds | 06-Dec-22 |
| Credit of the Equity Shares | 07-Dec-22 |
| Listing Date | 08-Dec-22 |
Company Registered Office
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office,
Shahibaug, Ahmedabad – 380 004,
Gujarat, India.
Website: www.bahetiindustries.com
Company Promoters
- Mr. Shankerlal Bansilal Shah
- Mr. Balkishan Shankerlal Shah and
- Mr. Yash Shankerbhai Shah
Baheti Recycling IPO – FAQS
What is the Baheti Recycling Industries IPO Price?
The Baheti Recycling Industries IPO price band is 45 per share
When Baheti Recycling Industries IPO will open?
The Baheti Recycling Industries IPO opens on Nov 28, 2022 and closes on Nov 30, 2022
What is the lot size of Baheti Recycling Industries IPO?
The Baheti Recycling Industries IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares
Who is the Registrar for Baheti Recycling Industries IPO?
The Registrar for Baheti Recycling Industries IPO is Link Intime India Private Limited
How to apply in Baheti Recycling Industries IPO through UPI?
Check the step by step process here – Click here
How to apply in Baheti Recycling Industries IPO through Zerodha?
Check the step by step process here – Click here
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