“Find out about the GMP, price, subscription status, and other important details of the upcoming Baheti Recycling Industries Limited IPO in this article. Read on for a comprehensive overview.
Stay tuned for updates on the IPO dates, which will be announced soon.”
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BRIL IPO GMP Important Dates 2022
The table below provides important dates to help you navigate the upcoming IPO. Bidding began on November 28th, 2022. For more details, please read the entire article. It’s worth noting that aluminum is a metal that is 100% recyclable.
The growing amount of rubbish and pollutants are having a significant impact on both the nation and the environment.
| Events | Tentative Date |
| Opening Date | Nov 28, 2022 |
| Closing Date | Nov 30, 2022 |
| The Credit of Shares to Demat | Dec 7, 2022 |
| Listing Date | Dec 8, 2022 |
| Basis of Allotment | Dec 5, 2022 |
| Initiation of Refunds | Dec 6, 2022 |
The IPO bidding period ends on November 30th, 2022, giving potential buyers a limited amount of time to make purchases based on their financial capacity. The metal aluminum is mainly used in the transport industry, with key sectors including railways, aerospace, solar energy, and aluminum packaging.
Baheti Recycling Industries Ltd GMP
Before making a decision about the Baheti Recycling Industries Ltd GMP or Grey Market Premium, one must read the entire document that the company has posted, especially the section called “General Risks.”
| Date | GMP | Kostak | Subject to |
| 25 November | ₹6 | ₹- TBA | ₹-TBA |
The company, Baheti Recycling Industries Limited, has decided not to sell any equity shares before its IPO. The estimated listing price is 54 (20%). The BRIL Company will go public on the stock market on December 8, 2022.
BRIL IPO Price
The Baheti Recycling Industries IPO price is Rs. 45 per equity share for cash up to Rs. 1242.00 Lakhs. They make aluminum cubes, shots, ingots, Notch bars, etc.
| IPO Open: | November 28, 2022 |
| IPO Close: | November 30, 2022 |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50%Â of the net offer |
| NII Quota: | 50%Â of the net offer |
| DRHP Draft Prospectus: | TBA |
| RHP Draft Prospectus: | TBA |
| IPO Size: | Approx ₹12.42 Crores, 2,760,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹45 Per Equity Share |
The company’s aluminum uses 95% less energy and puts out 95% fewer greenhouse gases than other aluminum.
The IPO Sub Status of Baheti Recycling Industries Limited
Several websites about investing have up-to-date information. Only trust a site that is reliable. On our website, you can find out how things are going with the Subscription right now. Baheti Recycling Industries Limited’s official website is www.bahetiindustries.com. The company also buys and sells things like copper, aluminum, zinc, and other scraps.
PROMOTERS OF THE BRIL COMPANY
- Mr. Shankerlal Bansilal Shah,
- Mr. Balkishan Shankerlal Shah and
- Mr Yash Shankerbhai Shah
BRIL Initial Public Offering Subscription 2022
The Baheti Recycling Industries Limited’s major work includes the recycling of Aluminium. Ferroalloys are also made there. Additionally, it sells its goods internationally to meet demand.
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