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15 Days Price Change

Siyaram Recycl.Inds IPO

Closing In

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Issue Size --
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Price Range 43  to  46 per share
Profile
Min Investment ₹46
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Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Siyaram Recycling Industries Ltd is a prominent player in the recycling sector, committed to sustainable waste management. Established with a vision to contribute to environmental conservation, the company specializes in the recycling of diverse materials, including metals and plastics. With state-of-the-art facilities and advanced technologies, Siyaram Recycling Industries ensures efficient and eco-friendly processing of recyclables, reducing the environmental impact of waste. The company is dedicated to promoting a circular economy by transforming discarded materials into valuable resources. Known for its adherence to environmental regulations and corporate responsibility, Siyaram Recycling Industries Ltd stands as a key player in fostering a greener and more sustainable future. Read More

Basic Info

Face Value 10 per share

Price 43  to  46 per share

P/E (x) 6.9

Sales( Cr.) 512

PAT( Cr.) 15

EPS 6.7

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Dwarkadhish Venture Private Limited Ramgopal Ochhavlal Maheshwari Bhavesh Ramgopal Maheshwari Madhu Ramgopal Maheshwari

Pre Issue Share Holding 100%

Post Issue Share Holding --%

Listing Details:

Listing Price: 55

Listing Gain: 16.36%

Current Price: 37.5

Gain On Issue: 37.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 14, 2023
Closing Date Dec 18, 2023
Allotment Dec 19, 2023
Refund Dec 20, 2023
Delivery of Shares Dec 20, 2023
Listing Date Dec 21, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 138,000
Retail (Max) 1 3000 138,000
S-HNI (Min) 2 6000 276,000
S-HNI (Max) 7 21000 966,000
B-HNI (Min) 8 24000 1,104,000

Objective of the Issue

1. Repayment of a portion of certain borrowing availed by the Company and 2. General Corprorate Purposes

Issue

Category Nos Bid Bid (x)
QIB 2496000 240689280 96.4x
NII 1747200 1044336384 597.7x
Retail 748800 343781568 459.1x
EMP 0 0 0x
Total 4992000 1922868480 385.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Siyaram Recycl.Inds Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 139 423 493 413 512
Other Income 1 3 5 1 2
Total Income 140 426 498 414 514
Total Expenditure 135 417 481 396 484
Operating Profit 5 9 17 18 29
Interest 2 3 5 7 8
Depreciation 1 2 2 1 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 2 4 10 10 20
Provision for Tax 1 1 3 3 6
Profit After Tax 1 3 7 8 15
Adjustments 0 0 0 0 0
Profit After Adjustments 1 3 7 8 15
Adjusted Earnings Per Share 1 2.3 5.2 4 6.7

Siyaram Recycl.Inds Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 36 39 46 77 127
Minority's Interest 0 0 0 0 0
Borrowings 16 3 4 2 7
Other Non-Current Liabilities 0 -0 0 0 0
Total Current Liabilities 47 57 100 91 149
Total Liabilities 98 98 151 170 283
Fixed Assets 7 8 7 6 6
Other Non-Current Assets 1 1 1 3 3
Total Current Assets 90 90 143 159 269
Total Assets 98 98 151 170 283

Siyaram Recycl.Inds Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 2 1 1
Cash Flow from Operating Activities 7 11 -35 -4 -43
Cash Flow from Investing Activities -2 -2 -1 -1 -3
Cash Flow from Financing Activities -6 -7 34 5 45
Net Cash Inflow / Outflow -1 2 -1 -0 -1
Closing Cash & Cash Equivalent 0 2 1 1 0

Siyaram Recycl.Inds Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.03 2.34 5.19 4 6.69
CEPS(Rs) 2.01 3.62 6.41 4.78 7.25
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 25.75 28.08 33.5 39.63 56.36
Core EBITDA Margin(%) 2.84 1.43 2.32 4.1 5.26
EBIT Margin(%) 2.62 1.77 2.98 4.05 5.46
Pre Tax Margin(%) 1.41 1.06 2.07 2.43 3.94
PAT Margin (%) 1.03 0.76 1.44 1.8 2.82
Cash Profit Margin (%) 2 1.18 1.77 2.15 3.05
ROA(%) 1.45 3.28 5.75 4.69 6.44
ROE(%) 4 8.68 16.86 12.46 14.77
ROCE(%) 5.61 11.36 16.48 13.69 16.97
Receivable days 112.39 32.9 24.94 27.94 28.33
Inventory Days 106.39 38.75 46.45 85.96 112.83
Payable days 86.19 27.45 22.01 22.01 22.33
PER(x) 0 0 0 16.77 17.81
Price/Book(x) 0 0 0 1.69 2.11
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.31 0.09 0.16 0.45 0.66
EV/Core EBITDA(x) 8.56 4.31 4.84 10.06 11.4
Net Sales Growth(%) 0 205.21 16.45 -16.21 23.87
EBIT Growth(%) 0 105.97 98.4 13.88 66.87
PAT Growth(%) 0 126.64 122.2 4.98 93.74
EPS Growth(%) 0 126.64 122.21 -22.9 67.14
Debt/Equity(x) 0.82 0.73 1.45 0.8 0.62
Current Ratio(x) 1.93 1.58 1.42 1.74 1.81
Quick Ratio(x) 1.07 0.71 0.65 0.43 0.46
Interest Cover(x) 2.16 2.5 3.28 2.5 3.61
Total Debt/Mcap(x) 0 0 0 0.47 0.29

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 7% 0% 0%
Operating Profit CAGR 61% 48% 0% 0%
PAT CAGR 88% 71% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -72% NA% NA% NA%
ROE Average 15% 15% 11% 11%
ROCE Average 17% 16% 13% 13%

Company Contact Information

Siyaram Recycling Industries Ltd.

Plot No. 6 & 7 Village: Lakhabaval Post Khodiyar Colony

IPO Lead Manager(s)

Siyaram Recycling Industries Ltd.

Hem Securities Ltd.

Registrar Info

Siyaram Recycling Industries Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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