Baheti Recycling Industries Limited IPO

NSE SME

Listed On: Dec 8, 2022 at ₹ 120.0

₹ 135000 /3000 Shares

Check Allotment

Baheti Recycling Industries Limited IPO Details

28 Nov, 2022

Open Date

30 Nov, 2022

Close Date

05 Dec, 2022

Allotment Date

08 Dec, 2022

Listing Date

Issue Price

₹45 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Purva Sharegistry India Pvt Ltd

List Price

120.0

Listing Date

2022-12-08

Market Lot

3000 Shares (₹135,000/-)

Lead Manager

Hem Securities Limited

Issue Size

2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr)

Retail Portion

N/A

Subscription

347.53 times

IPO Docs

DRHP RHP

Baheti Recycling Industries Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,305,000	1,305,000	2,613,000
Day 1 - 28-11-22 06:00 PM	3.48 x	17.43 x	10.45 x
Day 2 - 29-11-22 06:00 PM	19.09 x	102.33 x	60.67 x
Day 3 - 30-11-22 06:00 PM	256.88 x	436.65 x	347.53 x

Baheti Recycling Industries Limited Valuations

Earnings Per Share (EPS)

₹3.84/-

P/E Ratio

11.72

RoNW

17.49%

Net Asset Value (NAV) - Post Issue

₹21.94/-

Baheti Recycling Industries Limited Company Financials All values are in ₹ Lakh

	31-Mar-22	31-Mar-21	31-Mar-20	31-Mar-19
Assets	8190.39	6301	4535.09	N/A
Revenue	24926.06	12780.02	10595.84	N/A
Profit After Tax	291.98	47.78	19.19	N/A

About The Company

Incorporated in 1994, Baheti Recycling Industries Limited is an aluminium recycling company. The company 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 company is also engaged in trading of scrap materials such as aluminium 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 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 our products to foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc.

Baheti Recycling Industries Limited - Promoter(s)

Pre Issue Share Holding: 99.98%

Post Issue Share Holding: 73.37%

Company Promoter(s)

Mr. Shankerlal Bansilal Shah
Mr. Balkishan Shankerlal Shah
Mr. Yash Shankerbhai Shah

Baheti Recycling Industries Limited IPO - Issue Objectives

Modernization and expansion of existing manufacturing unit.
To meet Working Capital requirements.
General Corporate Purpose.
To meet issue expenses.

Baheti Recycling Industries Limited IPO - FAQs

Ans. Baheti Recycling Industries Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Nov 28, 2022, and closes on Nov 30, 2022. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Baheti Recycling Industries Limited IPO opens on Nov 28, 2022 and closes on Nov 30, 2022.

Ans. The size of Baheti Recycling Industries Limited IPO is 2,760,000 shares of ₹10(aggregating up to ₹12.42 Cr).

Ans. The IPO price band is set between ₹45 per equity share.

Ans. To apply for Baheti Recycling Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Baheti Recycling Industries Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Baheti Recycling Industries Limited IPO is Dec 5, 2022.

Ans. The Baheti Recycling Industries Limited IPO will be listed on Dec 8, 2022.

Ans. Follow the steps to check the allotment status for Baheti Recycling Industries Limited IPO here.