Baheti Recycling Industries IPO Review
Baheti Recycling Industries IPO Overview
Baheti Recycling Industries Limited is an aluminium recycling firm that was founded in 1994. The company’s primary business is the processing of aluminum-based metal scrap to produce I ingots of aluminium alloy and (ii) cubes, ingots, shots, and notch bar of aluminium de-ox alloy.
The firm also trades scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap, and so on.
The manufacturing operation of Baheti Recycling Industries is located in Dehgam (Gandhinagar, Gujarat) and has a 12,000 MT installed capacity for processing aluminium scrap.
ArcelorMittal Nippon Steel India, Minda Corporation, Sigma Electric, Tata Steel, and Sunflag Iron & Steel Co. are among the company’s prestigious clients. Limited, etc.
The firm sells its products in around 12 Indian states and union territories. Baheti Recycling Industries Limited also sells to overseas buyers in Japan, the United States, Canada, China, Hong Kong, the United Arab Emirates, and Taiwan.
Baheti Recycling Industries IPO Details
IPO Date | Nov 28, 2022 to Nov 30, 2022 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹45 per share |
Lot Size | 3000 Shares |
Issue Size | 2,760,000 shares of ₹10 (aggregating up to ₹12.42 Cr) |
Fresh Issue | 2,760,000 shares of ₹10 (aggregating up to ₹12.42 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Retail Shares Offered | 50% of the net offer |
Market Maker | HEM FINLEASE PRIVATE LIMITED |
Company Promoters | Mr. Shankerlal Bansilal Shah, Mr. Balkishan Shankerlal Shah and Mr. Yash Shankerbhai Shah are the company promoters. |
Baheti Recycling Industries IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-20 | 4535.09 | 10595.84 | 19.19 |
31-Mar-21 | 6301 | 12780.02 | 47.78 |
31-Mar-22 | 8190.39 | 24926.06 | 291.98 |
31-May-22 | 7939.48 | 5757 | 57.36 |
Amount in ₹ Lakhs | |||
Period Ended | Net Worth | Reserves and Surplus | Total Borrowing |
31-Mar-20 | 1033.23 | 658 | 3118.89 |
31-Mar-21 | 1081.02 | 706.02 | 3789.61 |
31-Mar-22 | 1669.51 | 1213 | 5074.81 |
31-May-22 | 1726.87 | 1270.36 | 4536.31 |
Amount in ₹ Lakhs | |||
Baheti Recycling Industries IPO Key Ratios
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 |
Listing Performance of Baheti Recycling Industries IPO
Listed On : NSE SME
Issue Price : ₹45 per share
Listing Day Close :
Listing Day Gain :
Baheti Recycling Industries IPO ISIN Code / Number
NSE : NA
ISIN CODE : NA
BSE : NA
Baheti Recycling Industries IPO Allotment Status
Baheti Recycling Industries IPO Important Dates
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 |
Baheti Recycling Industries IPO Contact Details
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office, Shahibaug
Ahmedabad – 380 004, Gujarat,
Phone: : +91-79-25627681/82
Email: info@bahetiindustries.com
Website: https://www.bahetiindustries.com/
Baheti Recycling Industries IPO Registrar Contact Details
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com
Baheti Recycling Industries IPO FAQ's
The Baheti Recycling Industries IPO is a BSE NSE IPO of ₹45 per share equity of the face value of ₹10 per share.
The issue size is priced at 2,760,000 shares of ₹10 (aggregating up to ₹12.42 Cr) .
The fresh issue size is priced at 2,760,000 shares of ₹10 (aggregating up to ₹12.42 Cr).
The Offer for sale priced at .
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.
The Baheti Recycling Industries IPO opens on Nov 28, 2022 and closes on Nov 30, 2022. The IPO Issue date may list on Dec 8, 2022.
Baheti Recycling Industries IPO Market lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
The finalization of Basis of Allotment for Baheti Recycling Industries IPO will be done on Dec 5, 2022. and the allotted shares will be credited to your demat account by Dec 7, 2022. Check the Baheti Recycling Industries IPO status.
The Baheti Recycling Industries IPO listing date is on Dec 8, 2022.
Baheti Recycling Industries IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Baheti Recycling Industries IPO Comments
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