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BAHETISME / NSEListed
Baheti Recycling Industries

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.

drhp
₹45 - ₹45347.53x sub
Listed Price₹120.00
Listing Gain+166.67%

IPO Schedule & Timeline

Fixed Price IPO
Open28 Nov 2022
Close30 Nov 2022
Allotment06 Dec 2022
Listing08 Dec 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,47,000 shares
5.33%
Nii (hni)13,05,000 shares
47.28%
Retail13,08,000 shares
47.39%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,35,000
HNI2 Lots (6,000 shares)
₹2,70,000

Company Promoters

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

Company Background

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, coppe...

Lead Managers & Bankers

Hem Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20)₹10595.84 Cr
Growth+84.1%
Revenue Trend (₹ in Crores)
0.09.6k19.1k28.7kMay-22Mar-22Mar-21Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2010595.8419.194535.093118.89
Mar-2112780.0247.7863013118.89
Mar-2224926.06291.988190.395074.81
May-22575757.367939.484536.31

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
06 Dec 2022
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
08 Dec 2022

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for Baheti Recycling Industries. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Dec 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Dec 2022Trading commences on exchange

How to Check Baheti Recycling Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

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3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Baheti Recycling Industries IPO

Complete issue overview for Baheti Recycling Industries (BAHETI) IPO. The issue features an equity share price band of ₹45 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,35,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions