HomeIPO SMEBaheti Recycling Industries IPO Details

Baheti Recycling Industries IPO Details

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Subscription StatusAllotment StatusListing 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.

Baheti Recycling IPO

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

  1. Modernization and expansion of existing manufacturing unit
  2. To meet Working Capital requirements
  3. General Corporate Purpose
  4. 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

DescriptionIPO Details
Public IssueInitial Public Issue of upto  27,60,000 Equity Shares of ₹ 10 (aggregating up to ₹  1242 Lakhs)
Issue Open  Date28-Nov-22
Issue Close Date30-Nov-22
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolBAHETI
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

ApplicationLotsNo of SharesAmount (Rs)
Minimum13000₹ 1,35,000
Maximum13000₹ 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

DetailsDate
Bid / Offer Opens on28-Nov-22
Bid / Offer Closes on30-Nov-22
Finalisation of Basis of Allotment05-Dec-22
Initiation of refunds 06-Dec-22
Credit of the Equity Shares07-Dec-22
Listing Date08-Dec-22

Company Registered Office

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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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