Wednesday, May 8, 2024

Sai Swami Metals & Alloys IPO Date, Review, Price, Allotment Details

Sai Swami Metals & Alloys is actively concerned within the buying and selling and advertising and marketing of a complete array of chrome steel merchandise, addressing the various wishes in their discerning shoppers. Their product line is in particular designed to surround quite a lot of kitchenware, together with Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and more than a few forms of utensils. They also are engaged in buying and selling fundamental uncooked fabrics like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round (Mild Steel Round) M.S. beam, and so forth for his or her more than a few shoppers. These merchandise show off the Company’s dedication to offering top quality chrome steel kitchenware that spans a large spectrum of classes. With a focal point on innovation and high quality, their choices are crafted to satisfy the original personal tastes and necessities in their various buyer base.

The Company and Its two subsidiaries i.e. Bhagat Marketing Private Limited and Dhruvish Metals LLP specialize within the buying and selling and advertising and marketing of chrome steel kitchenware merchandise during the prominent logo “DOLPHIN.” Employing an outsourcing fashion, the trade collaborates with Dhruvish Metals LLP, a subsidiary corporate of Sai Swami Metals and Alloys Limited, to supply whole kitchenware merchandise. Dhruvish Metals manufactures all kitchenware merchandise, together with complete packaging, which is then despatched to Sai Swami for additional gross sales and distribution. This end-to-end means underscores the dedication to turning in top quality merchandise to shoppers, emphasizing a streamlined and quality-centric manufacturing procedure during the strategic integration of a subsidiary corporate. The synergy between Sai Swami and Dhruvish Metals guarantees potency and excellence, strengthening the emblem’s marketplace positioning.

Their Company has strategically appointed extremely skilled gross sales group of workers for the task, complemented through our promoter’s intensive three-decade revel in on this box. Through a community together with 6 Distributors and greater than 150 sub-dealers/stockiest/outlets and strategic alliances, they be certain the in style availability in their merchandise throughout Pan India,both thru direct channels or respected semi-wholesalers.

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Objects of the Issue:

  • To Meet Incremental Working Capital Requirements
  • To Invest in Subsidiary Company
  • To Purchase of Machineries
  • General Corporate Purpose
IPO Open: April 30, 2024
IPO Close: May 3, 2024
IPO Size: Approx ₹15 Crores, 2,500,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹60 Per Equity Share
IPO Listing on: BSE SME
Retail Quota: 50% of the web be offering
QIB Quota: [.]% of the web be offering
NII Quota: 50% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

The Sai Swami Metals & Alloys IPO minimal marketplace lot is 2000 stocks with a ₹120,000 software quantity.

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹120,000
Retail Maximum 1 2000 ₹120,000
S-HNI Minimum 2 4000 ₹240,000

The Sai Swami Metals & Alloys IPO date is April 30 and the IPO shut date is May 3. The IPO allotment date is May 6 and the IPO may checklist on May 8.

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IPO Open Date: April 30, 2024
IPO Close Date: May 3, 2024
Basis of Allotment: May 6, 2024
Refunds: May 7, 2024
Credit to Demat Account: May 7, 2024
IPO Listing Date: May 8, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

How to use Sai Swami Metals & Alloys IPO? You can practice Sai Swami Metals & Alloys IPO by the use of ASBA to be had on your checking account. Just cross to the net financial institution login and practice by the use of your checking account through settling on the Sai Swami Metals & Alloys IPO within the Invest phase. The different possibility you’ll be able to practice Sai Swami Metals & Alloys IPO by the use of IPO bureaucracy obtain by the use of the BSE web page. Check out the Sai Swami Metals & Alloys bureaucracy – click on BSE IPO Forms obtain, fill and put up on your financial institution or along with your dealer.

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₹ in Crores
Year Revenue Expense PAT
2023 ₹6.27 ₹6.24 ₹0.03
Dec 2023 ₹33.34 ₹30.91 ₹1.80

Check Sai Swami Metals & Alloys IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹38.28 consistent with Equity Share
Price/Earning P/E Ratio: 1.57
Return on Net Worth (RoNW): 10.84%
Net Asset Value (NAV): ₹353.20 consistent with Equity Share

Peer Group

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Check Sai Swami Metals & Alloys IPO allotment standing on Bigshare web page URL. Click Here

Company Address

Sai Swami Metals & Alloys Limited
05, Harekrishana Industrial
Estate Bakrol,
Ahmedabad, Daskroi-382430
Phone: +91 99099 70863
Email: [email protected]
Website: https://www.saiswamimetals.com/

Sai Swami Metals & Alloys IPO FAQs

What is Sai Swami Metals & Alloys IPO?

Sai Swami Metals & Alloys IPO is an BSE SME IPO. They are going to elevate ₹15 Crores by the use of IPO. The factor is priced at ₹60 consistent with fairness percentage. The IPO is to be indexed on BSE.

When Sai Swami Metals & Alloys IPO will open?

The IPO is to open on April 30, 2024 for QIB, NII, and Retail Investors.

What is Sai Swami Metals & Alloys IPO Investors Portion?

The traders’ portion for NII is 50%, and Retail is 50%.

How to Apply the Sai Swami Metals & Alloys IPO?

You can practice Sai Swami Metals & Alloys IPO by the use of ASBA on-line by the use of your checking account. You too can practice for ASBA on-line by the use of UPI thru your inventory agents. You too can practice by the use of your inventory agents through filling up the offline shape.

How to Apply the Sai Swami Metals & Alloys IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Sai Swami Metals & Alloys IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Sai Swami Metals & Alloys IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Sai Swami Metals & Alloys IPO Size?

Sai Swami Metals & Alloys IPO measurement is ₹15 crores.

What is Sai Swami Metals & Alloys IPO Price Band?

Sai Swami Metals & Alloys IPO Price Band is ₹60 consistent with fairness percentage.

What is Sai Swami Metals & Alloys IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 stocks with ₹120,000.

What is Sai Swami Metals & Alloys IPO Allotment Date?

Sai Swami Metals & Alloys IPO allotment date is May 6, 2024.

What is Sai Swami Metals & Alloys IPO Listing Date?

Sai Swami Metals & Alloys IPO list date is May 8, 2024. The IPO to checklist on BSE SME.

Note: The Sai Swami Metals & Alloys IPO main points are introduced formally. The IPO gray marketplace top rate (Sai Swami Metals & Alloys IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.



– Source : IPOWATCH

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