
Industrials / Manufacturing · NSE
Incorporated in 1994, Baheti Recycling Industries Limited is an aluminium recycling company specializing in processing aluminium-based scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys as cubes, ingots, shots, and notch bars. The company is also engaged in trading various scrap materials, including aluminium, brass, copper, and zinc scrap. Its manufacturing unit, located in Dehgam, Gandhinagar, Gujarat, has an installed capacity of 12,000 MT for aluminium scrap processing. Baheti Recycling Industries serves prominent clients such as ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, and Sunflag Iron & Steel Co. Ltd., and markets its products across approximately 12 states and union territories in India, as well as internationally to buyers in Japan, Canada, the USA, China, Hong Kong, UAE, and Taiwan.
Price Band
₹45
Issue Size
₹12.42 Cr
Lot Size
3000 shares
GMP
+115.6%
Est. Listing
₹97
at current GMP
Subscribed
347.53x
overall
Open
28 Nov 2022
Close
30 Nov 2022
Allotment
6 Dec 2022
Refund
7 Dec 2022
Demat Credit
8 Dec 2022
Listing
8 Dec 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹45
Band: ₹45
Estimated Listing Price
₹97
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,35,000
Estimated Profit / Lot
₹1,56,000
3000 × ₹52
Grey Market Premium trend
+₹52
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹52 | 115.6% | ₹97 |
| 30 Oct 2026 | +₹52 | 115.6% | ₹97 |
| 29 Oct 2026 | +₹47 | 104.0% | ₹92 |
GMP is unofficial market data. Not a guarantee of listing performance.
Baheti Recycling Industries Limited is bringing an initial public offering (IPO) in the Industrials / Manufacturing sector with an aggregate issue size of ₹12.42 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-12-08, while un-allotted funds or UPI block mandates will be released on 2022-12-07.
The latest grey market premium for Baheti Recycling Industries Limited IPO is ₹52, which indicates an expected listing price of ₹97.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.