Baheti Recycling Industries Ltd. (NSE SME)

Nov 28, 2022 - Nov 30, 2022

Price ₹45 - ₹45
Premium ₹52
Lot size 3000
Allotment Dec 6, 2022
Listing Dec 8, 2022

Category Lot(s) Qty Amount Reserved
Retail 1 3000 135000 0
HNI 2 6000 270000 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers259.21
Retail Investors435.65
Employees[.]
Others[.]
Total347.53
About

Incorporated in 1994, Baheti Recycling Industries Limited is an aluminium recycling company. The company is primarily engaged in processing aluminium-based metal scrap to manufacture (i) aluminium alloys in the form of ingots and (ii) aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar.

The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.

Baheti Recycling Industries' manufacturing unit is situated at Dehgam (Gandhinagar, Gujarat) and has a 12,000 MT installed capacity for processing aluminium scrap.

The company's esteemed customers include ArcelorMittal Nippon Steel India, Tata Steel, Minda Corporation, Sigma Electric, Sunflag Iron & Steel Co. Ltd. etc.

The company markets its products in around 12 states & Union Territories in India. Baheti Recycling Industries Limited also sell our products to foreign buyers located in Japan, Canada, USA, China, Hong Kong, UAE, Taiwan etc.

Competitive Strengths:

  • In-house manufacturing facility supported by technology-driven process.
  • Stringent quality control mechanism ensuring standardized product quality.
  • Diversified Client Base and long-standing relationship with our customers.
  • Strong and diversified supplier base for sourcing raw materials.
  • Experienced Promoters supported by dedicated Management team.

Company Financials

Baheti Recycling Industries Limited Financial Information (Restated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 4535.09 10595.84 19.19 1033.23 658 3118.89
31-Mar-21 6301 12780.02 47.78 1081.02 706.02 3789.61
31-Mar-22 8190.39 24926.06 291.98 1669.51 1213 5074.81
31-May-22 7939.48 5757 57.36 1726.87 1270.36 4536.31
Amount in ₹ Lakhs
Lead Manager(s)
Strength
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Registrar

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com