Baheti Recycling Industries Limited IPO GMP, Price, Subscription, Status
Baheti Recycling Industries Limited IPO GMP, Price, Subscription, Status, and other details are provided here. Read the complete article to know. Baheti Recycling Industries Limited IPO will soon be organized to check the dates.
Baheti Recycling Industries Limited IPO
The Gujarat company, Baheti Recycling Industries Limited, will open the IPO on 25th November 2022. The buyers could get more information regarding the investment in the coming paragraph. Baheti Recycling Industries Limited IPO will be till 30th November 2022. IPO of 27,60,000 equity shares with a face value of Rs 10 each.
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They will be issuing Rs 45 for each share. The company opened the IPO on 29th November 2022. The company has clients all around the globe, such as in countries Canada, Japan, the United States of America, China, Hong Kong, Taiwan, and the UAE.
BRIL IPO GMP Important Dates 2022
The dates mentioned in the table below will help you out. The bid begins on 28th November 2022. The other information is provided here; read the complete article. The metal aluminium is 100% recyclable. The plight of the nation and the earth is drastically affected by the mounting garbage and pollutants.
| Events | Tentative Date |
|---|---|
| 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 |
It will be closed on 30th November 2022. The buyers have limited days to buy as per their capacity. The product aluminium is primarily consumed in the transport industry. The sectors like railways, aerospace, and solar energy packaging of aluminium.
Baheti Recycling Industries Ltd GMP
Before taking any decision regarding the Baheti Recycling Industries Ltd GMP or Grey Market Premium, one must get through the complete document uploaded by the company, especially the General Risks section.
| Date | GMP | Kostak | Subject to |
| 25 November | ₹6 | ₹- TBA | ₹-TBA |
The company, Baheti Recycling Industries Limited, has decided not to do any pre-IPO placement of the equity shares of the company. The gauged listing price is 54 (20.00%). The listing data for the BRIL Company IPO is 8th December 2022.
BRIL IPO Price
The Baheti Recycling Industries issue price is Rs 45 per equity share for the cash amounting up to Rs. 1242.00 Lakhs. They manufacture Aluminum cubes, shots, ingots, Notch Bar, etc.
| IPO Open: | November 28, 2022 |
| IPO Close: | November 30, 2022 |
| IPO Size: | Approx ₹12.42 Crores, 2,760,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹45 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | TBA |
| RHP Draft Prospectus: | TBA |
The aluminium made by the company consumes 95% less energy and emits 95% fewer greenhouse gases.
BRIL IPO Subscription 2022
The Baheti Recycling Industries Limited’s major work includes the recycling of Aluminium. They also produce Ferroalloys. It also exports its production, filling the global needs regarding the same.
Baheti Recycling Industries Limited IPO Sub Status
The live status is available on various investment-related websites. One should only trust a reliable site. The live status regarding the Subscription will be shared on our website.
| PROMOTERS OF THE BRIL COMPANY |
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The official website of Baheti Recycling Industries Limited is @www.bahetiindustries.com. Other works of the company are to trade scrap materials like copper, aluminium, zinc, etc.
The contact information by the BRIL:
Email ID:[email protected]
Telephone Number: +91-79-25627681/82
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