35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Siyaram Recycling Industries Limited IPO (Siyaram Recycling Industries IPO) Details

Siyaram Recycling Industries Limited is an Recycling - Metal based company, located in Jamnagar, Siyaram Recycling Industries Limited IPO size was 22.96 Cr. and was issued at 46.00 per share. The share of Siyaram Recycling Industries Limited were listed at 57.75 per share and are currently trading at 124.65 per share.

Type :
Sub Sector : Manufacturing Of Brass Ingots, Billets And Brass Rods
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
497.86 Cr.

PAT :
7.65 Cr.

Pricing Report

Issue Price :
46.00

Listing Price :
57.75

Current Market Price :
124.65

Issue Price vs CMP :
78.65 (170.98%)

listing Price vs CMP :
66.9 (115.84%)

Performance Report (CAGR* wise)

CAGR : 134
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Siyaram Recycling Industries

Company Information
Incorporated in 2007, Siyaram Recycling Industries primarily engaged in (i) segregation of brass scrap (ii) manufacturing of brass ingots, billets and brass rods and (iii) manufacturing of brass based components (plumbing and sanitary parts). They currently operate through 3 facilities, all of which are located in the district of Jamnagar, which is considered as a hub of brass components. They manufacture brass billets & ingots, brass rods and brass components (plumbing parts) from their unit-I situated at land of 4970 sq. mtrs. and the brass components (sanitary parts) are manufactured from their unit-II situated at land of 3629 sq. mtrs. And, their Unit-III, situated at land of 3346 sq. mtrs. is used for segregation of scrap. As on date of this DRHP, they have an
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Object of Issue
  • Repayment of a portion of certain borrowing availed by the Company
  • General Corporate Purposes

Siyaram Recycling Industries SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2023
IPO Size :
22.96 Cr.
Market Cap :
86.47 Cr.   
IPO Subscription :
385.19 X     
PE Multiple :
10.90
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Cameo Corporate Services Limited
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FAQs

Siyaram Recycling Industries operates in Recycling - Metal and Manufacturing Of Brass Ingots, Billets And Brass Rods. The Issue is listed on BSE SME in Dec, 2023. Siyaram Recycling Industries IPO size was 22.96 Cr. with Issue price of 46.00 .

Siyaram Recycling Industries IPO subscription was 385.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Siyaram Recycling Industries IPO listed at a listing price of 57.75 against the offer price of 46.00.

The current market price of Siyaram Recycling Industries is 124.65.

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