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 | 2,000 Shares |
| Total Issue Size | 25,00,000 shares (aggregating up to ₹ 15.00 Cr) |
| Fresh Issue | 25,00,000 shares (aggregating up to ₹ 15.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 41,17,710 |
| Share holding post issue | 66,17,710 |
| Market Maker portion | 1,28,000 shares Sunflower Broking |
About 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.
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 Financial Information
Latest Revenue
₹ 3,333.86 Cr
Profit After Tax
₹ 179.52 Cr
Net Worth
₹ 664.47 Cr
Total Borrowing
₹ 743.16 Cr
| Period Ended | Assets | Revenue From Operations | 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 | |||||
Sai Swami Metals & Alloys Limited 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 |
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Sai Swami Metals & Alloys Limited IPO Timeline
| IPO Open Date | Friday, May 3, 2024 |
| IPO Close Date | Monday, May 6, 2024 |
| Basis of Allotment | Tuesday, May 7, 2024 |
| Initiation of Refunds | Tuesday, May 7, 2024 |
| Credit of Shares to Demat | Wednesday, May 8, 2024 |
| Listing Date | 5 PM on May 3, 2024 |
| Cut-off time for UPI mandate confirmation | - |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹ 1,20,000 |
| Retail (Max) | 1 | 2,000 | ₹ 1,20,000 |
| HNI (Min) | 2 | 4,000 | ₹ 2,40,000 |