Issue Price
₹45
Per Share
GMP
NIL
Grey Market
Est. Listing
₹45
Expected Price
Min. Application
₹270,000
2 lots × 3000 shares
Incorporated in 1994, 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.The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.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. Baheti Recycling Industries Limited also sell our products to foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc.Competitive Strengths: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.
Baheti Recycling Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 147,000 | — | ₹0.66 Cr | — |
| TOTAL | 2,760,000 | 100.00% | ₹12.42 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| sNII (Min) | 14 | 42,000 | ₹1,890,000 |
| bNII (Min) | 68 | 204,000 | ₹9,180,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue from Operations | 10595.84 | 12780.02 | 24926.06 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 19.19 | 47.78 | 291.98 |
| Net Worth | 1033.23 | 1081.02 | 1669.51 |
| Total Assets | 4535.09 | 6301.00 | 8190.39 |
| Reserves & Surplus | 658.00 | 706.02 | 1213.00 |
| Total Borrowings | 3118.89 | 3789.61 | 5074.81 |