Baheti Recycling Industries Limited
ListedSMEIndustrials / 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
₹52
+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 12 days ago
Overall Subscription
347.53x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,380,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 414,000 | — | 0.00x |
| Retail Individual (RII) | 966,000 | — | 0.00x |
| Total | 2,760,000 | 0 | 347.53x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 322 | 111,905 | 347.53x |
| HNIs (10L +) | 2 | 695 | 347.50x |
| HNIs (2-10L) | 10 | 3,475 | 347.50x |
| Total Applications | 334 | 116,075 | 347.53x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Baheti Recycling Industries Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Baheti Recycling Industries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Baheti Recycling Industries Limited IPO is ₹52 per equity share. Based on the upper price band of ₹45 to ₹45 per equity share, the estimated listing price is ₹97 (+115.6% expected listing gain).
What is the expected profit per lot for Baheti Recycling Industries Limited IPO?
With a lot size of 3000 shares and current GMP of ₹52, the expected profit per application lot is approx ₹1,56,000 (+115.6% gain). Minimum application cost is approx ₹1,35,000.
What is the issue size and price band for Baheti Recycling Industries Limited IPO?
The Baheti Recycling Industries Limited IPO aggregate issue size is ₹12.42 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
How can I check Baheti Recycling Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 347.53x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Baheti Recycling Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2022-12-06. Investors can verify status using PAN card or application number.
When is the listing date for Baheti Recycling Industries Limited IPO?
Baheti Recycling Industries Limited shares are scheduled to list on NSE on 2022-12-08.