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Baheti Recycling Industries Limited

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.

₹45 - ₹45347.53x sub
Listed Price120.00
Listing Gain+166.67%
TimelineFixed Price IPO
Open28 Nov 2022
Close30 Nov 2022
Allotment06 Dec 2022
Listing08 Dec 2022

Quota Reservation Portions

Market MakerPortion: 1,47,000 shares
5.33%
Nii (hni)Portion: 13,05,000 shares
47.28%
RetailPortion: 13,08,000 shares
47.39%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,35,000
HNI2 lots / 6,000 shares
₹2,70,000

About the Company

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.

Company Promoters

Mr. Shankerlal Bansilal ShahMr. Balkishan Shankerlal ShahMr. Yash Shankerbhai Shah

Registrar

Purva Sharegistry India Private Limited