Sai Swami Metals & Alloys Limited IPO
BSE SMEListed On: May 8, 2024 at ₹ 114.0
₹ 120000 /2000 Shares
Check AllotmentSai Swami Metals & Alloys Limited IPO Details
30 Apr, 2024
Open Date03 May, 2024
Close Date06 May, 2024
Allotment Date08 May, 2024
Listing DateIssue Price
₹60 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
114.0Listing Date
2024-05-08Market Lot
2000 Shares (₹120,000/-)Lead Manager
Swastika Investmart LtdIssue Size
2,500,000 shares(aggregating up to ₹15.00 Cr)Retail Portion
50%Subscription
543.78 timesIPO Docs
DRHPSai Swami Metals & Alloys Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,186,000 | 1,186,000 | 2,372,000 |
| Day 1 - 30-04-24 06:00 PM | 13.98 x | 31.79 x | 22.90 x |
| Day 2 - 02-05-24 06:00 PM | 67.29 x | 174.66 x | 120.98 x |
| Day 3 - 03-05-24 06:00 PM | 558.55 x | 529.01 x | 543.78 x |
Sai Swami Metals & Alloys Limited Valuations
EPS Pre IPO
₹5.29/-EPS Post IPO
₹/-P/E Pre IPO
11.34P/E Post IPO
RoNW
27.02%Sai Swami Metals & Alloys Limited Company Financials All values are in ₹ Lakh
| 31-Dec-23 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 2,617.31 | 2,583.16 | N/A |
| Revenue | 3,333.86 | 626.76 | N/A |
| Profit After Tax | 179.52 | 3.83 | N/A |
About The Company
Sai Swami Metals and Alloys Pvt. Ltd. trades in a wide range of stainless steel products to cater to the varied needs of our customers.
The company's product line includes a variety of kitchenware such as Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various utensils.
The Dolphin brand is recognized for trading and marketing stainless steel kitchenware products by the company and its two subsidiaries, Bhagat Marketing Private Limited and Dhruvish Metals LLP.
As of December 31st, 2023, the company has a network of 6 Distributors and more than 150 sub-dealers/stockiest/retailers and strategic alliances in the state of Gujarat, Madhya Pradesh, Maharashtra etc.
On March 31st, 2024, the Company had a total of seven employees.
Sai Swami Metals & Alloys Limited - Promoter(s)
Pre Issue Share Holding: 99.88%
Post Issue Share Holding: 62.15%
Company Promoter(s)
- Mr. Nipun Anantlal Bhaga
Sai Swami Metals & Alloys Limited IPO - Issue Objectives
- To Meet Incremental Working Capital Requirements
- To Invest in Subsidiary Company
- To Purchase of Machineries
- General Corporate Purpose
Other Details
Sai Swami Metals & Alloys Limited
05, Harekrishana IndustrialEstate Bakrol, Ahmedabad, Daskroi-382430Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Sai Swami Metals & Alloys Limited IPO - FAQs
Ans. Sai Swami Metals & Alloys Limited IPO is a SME IPO. The issue is priced at ₹60 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Apr 30, 2024, and closes on May 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Sai Swami Metals & Alloys Limited IPO opens on Apr 30, 2024 and closes on May 3, 2024.
Ans. The size of Sai Swami Metals & Alloys Limited IPO is 2,500,000 shares(aggregating up to ₹15.00 Cr).
Ans. The IPO price band is set between ₹60 per equity share.
Ans. To apply for Sai Swami Metals & Alloys Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sai Swami Metals & Alloys Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sai Swami Metals & Alloys Limited IPO is May 6, 2024.
Ans. The Sai Swami Metals & Alloys Limited IPO will be listed on May 8, 2024.
Ans. Follow the steps to check the allotment status for Sai Swami Metals & Alloys Limited IPO here.
