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Sai Swami Metals & Alloys Limited IPO
Sai Swami Metals & Alloys Ltd. is a part of Group company of DOLPHIN brand stainless steel cookware & appliances manufacturing based at Ahmedabad, Gujarat Since 1995. Based on 20000 Sq.Feet factory premises having ample space of inspection, stock and quality checking facility. With the modern equipment of handling the products company is capable of deliver the order well in time.
With latest testing instruments company can check the quality of product and supply better well in time to the clients. Having experience of more than 25 years in the field of stainless Steel, ferrous and non-ferrous metal.These products showcase Company's commitment to providing high-quality stainless steel kitchenware that spans a wide spectrum of categories. With a focus on innovation and quality, its offerings are crafted to meet the unique preferences and requirements of diverse customer base. Sai Swami Metals & Alloys IPO is a fixed price issue of Rs 15.00 crores.
The issue is entirely a fresh issue of 25 lakh shares. Sai Swami Metals & Alloys IPO price is ₹60 per share. The minimum lot size for an application is 2000 Shares. Swastika Investmart Ltd is the book running lead manager of the Sai Swami Metals & Alloys IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Sai Swami Metals & Alloys IPO is Sunflower Broking.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Sai Swami Metals & Alloys Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Sai Swami Metals & Alloys Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | April 30, 2024 to May 3, 2024 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Price | ₹60 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,500,000 shares (aggregating up to ₹15.00 Cr) |
| Fresh Issue | 2,500,000 shares (aggregating up to ₹15.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 4,117,710 |
| Share holding post issue | 6,617,710 |
| Market Maker portion | 128,000 shares Sunflower Broking |
Sai Swami Metals & Alloys Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, April 30, 2024 |
| IPO Close Date | Friday, May 3, 2024 |
| Basis of Allotment | Monday, May 6, 2024 |
| Initiation of Refunds | Tuesday, May 7, 2024 |
| Credit of Shares to Demat | Tuesday, May 7, 2024 |
| Listing Date | Wednesday, May 8, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 3, 2024 |
Sai Swami Metals & Alloys Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹120,000 |
| Retail (Max) | 1 | 2000 | ₹120,000 |
| HNI (Min) | 2 | 4000 | ₹240,000 |
Sai Swami Metals & Alloys Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Sai Swami Metals & Alloys Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.88% | 62.15% |
Competitive Strength:
- -
Sai Swami Metals & Alloys Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2023 | 2,617.31 | 3,333.86 | 179.52 | 664.47 | 743.16 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 2,583.16 | 626.76 | 3.83 | 35.32 | 610.23 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 27.02% |
| PAT Margin (%) | 5.38 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.29 | |
| P/E (x) | 11.34 | 16.58 |
RHP:
DRHP:
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Frequently asked Questions (FAQs )
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Why Sai Swami Metals & Alloys IPO?
The initial public offer (IPO) of Sai Swami Metals & Alloys Limited offers an early investment opportunity in Sai Swami Metals & Alloys Limited. A stock market investor can buy Sai Swami Metals & Alloys IPO shares by applying in IPO before Sai Swami Metals & Alloys Limited shares get listed at the stock exchanges. An investor could invest in Sai Swami Metals & Alloys IPO for short term listing gain or a long term.
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Sai Swami Metals & Alloys IPO what should investors do?
Sai Swami Metals & Alloys IPO offers an opportunity to buy IPO shares before they get listed at the stock exchanges.
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Is Sai Swami Metals & Alloys IPO good?
Our recommendation for Sai Swami Metals & Alloys IPO is to subscribe for long term.
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When will Sai Swami Metals & Alloys IPO allotment status?
The Sai Swami Metals & Alloys IPO allotment status will be available on or around May 6, 2024. The allotted shares will be credited in demat account by May 7, 2024.
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When will Sai Swami Metals & Alloys IPO list?
The Sai Swami Metals & Alloys IPO list date is not yet available. The Sai Swami Metals & Alloys IPO is planned to list on May 8, 2024, at BSE SME.
