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Siyaram Recycling Industries

Siyaram Recycling Industries Ltd, incorporated in 2007, specializes in the separation of brass scrap and the manufacturing of brass ingots, billets, rods, and brass-based components, particularly sanitary fittings. The company operates three plants in Jamnagar, a key hub for brass component production. Unit I, covering 4,970 square meters, handles the production of brass billets, ingots, rods, and plumbing parts, while Unit II, spanning 3,629 square meters, focuses on manufacturing brass sanitary parts. Unit III, with an area of 3,346 square meters, is primarily used for brass scrap separation. In 2023, the company reported revenue from operations of ₹492.87 million, with 67.06% generated domestically and 32.94% from international markets. Siyaram Recycling Industries distributes its products across 18 states and Union Territories in India, with Gujarat contributing the highest share of revenue at 56.40%, followed by Madhya Pradesh (5.25%), Punjab (2.03%), and Rajasthan (1.41%). The company also exports to countries like China, Germany, Belgium, and Oman.

₹43 - ₹46385.26x sub
Listed Price₹55.00
Listing Gain+19.57%

Subscription Status

385.26xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB96.43x
🔥 Blockbuster Sizzling Demand!Offered: 9,48,000 sh
Nib598.08x
🔥 Blockbuster Sizzling Demand!Offered: 7,11,000 sh
Retail459.11x
🔥 Blockbuster Sizzling Demand!Offered: 16,59,000 sh
CategoryOfferedAppliedTimes
QIB9,48,0009,14,13,00096.43x
Nib7,11,00042,52,32,000598.08x
Retail16,59,00076,16,58,000459.11x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB420.54.3696.44x
Retail3,503.637.63459.19x
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About Siyaram Recycling Industries IPO Subscription Demand

Live subscription status and bidding analysis for Siyaram Recycling Industries (SIYARAM) IPO. The issue is subscribed 385.26x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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