Baheti Recycling Industries IPO is an aluminium recycling company. The company is primarily engaged in processing aluminium-based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar.
Baheti Recycling Industries IPO – Overview
|IPO Dates||5-7 Dec 2022.|
|IPO Price||INR 42 per share|
|Fresh issue||2,280,000 shares (INR 9.58 crore)|
|Offer For Sale||Nil|
|Total IPO size||2,280,000 shares (INR 9.58 crore)|
|Minimum bid (lot size)||3000 shares|
|Face Value||INR 10 per share|
|Listing On||NSE Emerge|
Baheti Recycling Industries IPO -Tentative Dates
|IPO Offer Opening Date||5 December 2022|
|IPO Closing Date||7 December 2022|
|Finalisation of Basis of Allotment||12 December 2022|
|Initiation of refunds||13 December 2022|
|Transfer of shares to demat accounts||14 December 2022|
|IPO Listing Date||15 December 2022|
|Opening Price on NSE SME||Coming soon|
|Closing Price on NSE SME||Coming soon|
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.
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.
- In-house manufacturing facility supported by technology-driven process.
- Stringent quality control mechanism ensuring standardized product quality.
- Diversified Client Base and long-standing relationship with our customers.
- Strong and diversified supplier base for sourcing raw materials.
- Experienced Promoters supported by dedicated Management team.
Objects of the Issue
- Expansion of Business.
- General Corporate Purposes.
|Profit After Tax||291.98||47.78||19.19|
Company Contact Information
Baheti Recycling Industries Limited
A-2/3, L.R. Apartments,
Opp. Police Commissioner Office, Shahibaug
Ahmedabad – 380 004, Gujarat,
Phone: : +91-79-25627681/82
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