• By Goodwill
  • 60 Comments
  • December 14, 2023

IPO : Siyaram Recycling Industries Limited

 SYMBOL SIYARAM
 ISSUE TYPE Book Built Issue IPO
 ISSUE OPENS ON Thursday, December 14, 2023
 ISSUE CLOSES ON Monday, December 18, 2023
 ISSUE PRICE ₹43 to ₹46 per share
 ISSUE SIZE Up to Rs.22.96 Crores
 FACE VALUE Rs.10 per share

Siyaram Recycling IPO is a book built issue of Rs 22.96 crores. The issue is entirely a fresh issue of 49.92 lakh shares.

Siyaram Recycling IPO opens for subscription on December 14, 2023 and closes on December 18, 2023. The allotment for the Siyaram Recycling IPO is expected to be finalized on Tuesday, December 19, 2023. Siyaram Recycling IPO will list on BSE SME with tentative listing date fixed as Thursday, December 21, 2023.

 MINIMUM BID 3000 shares
 MINIMUM AMOUNT  Rs.138,000
 MAXIMUM BID 3000 shares
 MAXIMUM AMOUNT  Rs.138,000
 LISTING DATE Thursday, December 21, 2023
 LISTING AT BSE-SME

Siyaram Recycling IPO price band is set at ₹43 to ₹46 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹138,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹276,000.

Objects of the Issue (Siyaram Recycling IPO Objectives)

The details of the utilization of the Net Proceeds are set forth herein below:

Repayment of a portion of certain borrowing availed by the Company and

General Corprorate Purposes

SMART IPO using UPI, you can now apply online

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Further any clarification, feel free to contact your Branch / Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999

Warm Regards,

Team GoodwillDISCLAIMER : Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @ https://gwcindia.in/Disclaimer

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