Sai Swami Metals And Alloys
Sai Swami Metals And Alloys Info
Details about the Sai Swami Metals And Alloys IPO. Opening Date of Sai Swami Metals And Alloys is 30 Apr 24 and Closing Date is 03 May 24 . Face Value of Each share of Sai Swami Metals And Alloys is ₹10 per share. Fixed price of Sai Swami Metals And Alloys is ₹60. The Lot size of Sai Swami Metals And Alloys is 2,000 shares. Total issue size of Sai Swami Metals And Alloys IPO is ₹15 cr. Fresh Issue of Sai Swami Metals And Alloys IPO is 15 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of Sai Swami Metals And Alloys is 4,117,710. Share Holding Post Issue of Sai Swami Metals And Alloys is 6,617,710.
Business Summary
Sai Swami Metals And Alloys Limited is actively involved in the trading and marketing of a comprehensive array of stainless steel products
Company's product line is specifically designed to encompass a wide range of kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. They are also engaged in trading of basic raw material like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round (Mild Steel Round) and M.S. beam and so on for our various customers.
Company and two subsidiaries i.e. Bhagat Marketing Private Limited and Dhruvish Metals LLP are specializes in the trading and marketing of stainless steel kitchenware products through the distinguished brand DOLPHIN
Sai Swami Metals And Alloys IPO Details
| Open Date | 30 Apr 24 |
|---|---|
| Close Date | 03 May 24 |
| Face Value | ₹10 per shares |
| Price | ₹60 |
| Lot Size | 2,000 Shares |
| Total issue Size | 2,500,000 Shares ₹15 cr |
| Fresh Issue | 2,500,000 Shares ₹15 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 4,117,710 |
| Share Holding Post Issue | 6,617,710 |
| Market Maker | Sunflower Broking |
| Market Maker Portion | 128,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Sai Swami Metals And Alloys IPO Timeline
The Sai Swami Metals And Alloys Initial Public Offering (IPO) is set to open on 30 Apr 24 and will end its subscription phase on 03 May 24. You can check your allotment status for Sai Swami Metals And Alloys on 06 May 24. The refund process for your funds will start promptly on 07 May 24. Sai Swami Metals And Alloys IPO credit of shares will be on 07 May 24. The listing date for Sai Swami Metals And Alloys is on 08 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Sai Swami Metals And Alloys IPO Reservation
The Sai Swami Metals And Alloys IPO reserves shares for different investor categories. Approximately 50% of the Net issue will be available for NII, 50% of the Net issue will be available for Retail,
128,000 Shares will be reserved for subscription by Sunflower Broking
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the Net issue |
| Retail | 50% of the Net issue |
Sai Swami Metals And Alloys IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 120,000 |
| Retail (Max) | 1 | 2,000 | 120,000 |
| HNI (Min) | 2 | 4,000 | 240,000 |
Sai Swami Metals And Alloys IPO Promoters Holding
Promoters holding details for Sai Swami Metals And Alloys in the current issue is as follows: The share holding of promoters before the issue stands at 99.88%, and after the issue, it has been adjusted to 62.15%.
Promoters of Sai Swami Metals And Alloys are Mr. Nipun Anantlal Bhaga,
| Share Holding Pre Issue | 99.88% |
|---|---|
| Share Holding Post Issue | 62.15% |
Sai Swami Metals And Alloys Financial Information
Financial performance details for Sai Swami Metals And Alloys over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 |
|---|---|---|
| Assets | 2,617.31 | 2,583.16 |
| Revenue | 3,333.86 | 626.76 |
| Profit After Tax | 179.52 | 3.83 |
Sai Swami Metals And Alloys IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Sai Swami Metals And Alloys are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 11.34 |
| RoNW | 27.02% |
| EPS (Rs) | 5.29 |
Object of the Issue
- • To Meet Incremental Working Capital Requirements
- • To Invest in Subsidiary Company
- • To Purchase of Machineries
- • General Corporate Purpose
Contact Details for Sai Swami Metals And Alloys
Phone
Office
05, Harekrishana Industrial Estate Bakrol, Ahmedabad, Daskroi-382430
Registrar Details for Sai Swami Metals And Alloys
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Swastika Investmart Ltd