Contents
- 1 Table of Contents
- 2 Sai Swami Metals And Alloys IPO Dates and Details
- 3 Sai Swami Metals And Alloys IPO Expected Dates
- 4 Sai Swami Metals And Alloys IPO Lot Size For Retails, QBIs and HNIs
- 5 Sai Swami Metals And Alloys IPO Promoters Holding or Owners Holdings
- 6 Sai Swami Metals and Alloys IPO GMP (Gray Market Premium) day-by-day
- 7 Sai Swami Metals and Alloys IPO Allotment Status
- 8 Know About ai Swami Metals and Alloys Limited
- 9 Objects of the Issue
- 10 Swami Metals and Alloys Limited Financial Status (Restated)
- 11 Key Performance Indicator (KPI) of Swami Metals and Alloys Limited
- 12 Swami Metals and Alloys IPO Registrar
- 13 Swami Metals and Alloys IPO Book Running Lead Manager
- 14 Swami Metals and Alloys Limited Contact
- 15 How To Apply Swami Metals and Alloys IPO
- 16 FAQs
Sai Swami Metals & Alloys Limited IPO (Sai Swami Metals And Alloys IPO): The date for the IPO has been set. It will open on April 30, 2024, and close on May 3, 2024. Sai Swami Metals IPO going to be listed on BSE SME.
Aims to raise with a fresh issue Rs 1500 Lakhs through 25 lakh shares. The IPO price band of Sai Swami Metals & Alloys IPO is ₹60 per share and the Sai Swami Metals & Alloys IPO GMP is ₹50.
Table of Contents
Sai Swami Metals And Alloys IPO Dates and Details
| Sai Swami Metals & Alloys Limited IPO | |
| Open Date | 30th April 2024 |
| Close Date | 3rd May 2024 |
| Listing Date | 8th May 2024 [Expected] |
| IPO Size | Aggregating Rs 1500 Lakhs through 25 lakh shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹60 per share |
| IPO Listing on | BSE SME |
| Lot Size | 2000 Shares |
| OFS | Not Applicable |
| Retail Quota | 50% of the total issue share |
| QBI | 50% of the total issue share |
| HNI |
Sai Swami Metals And Alloys IPO Expected Dates
- IPO Open Date: 30th April 2024
- IPO Close Date: 3rd May 2024
- Basis of Allotment: 6th May 2024
- Initiation of Refunds: 7th May 2024
- The credit of Shares to Demat: 7th May 2024
- Listing Date: 8th May 2024
- UPI mandate confirmation: 5 PM on 3rd May 2024
Sai Swami Metals And Alloys IPO Lot Size For Retails, QBIs and HNIs
| Applicants | Lot Size (Min & Max) | Share | Amount |
| Retail | 1 Lot (Min) 1 lot (Max) | 2000 | ₹120,000 Max |
| S-HNI | 2 Lot Min. | 4000 | ₹240,000 Min |
| B-HNI | 2 Lots (Min) | 4000 | ₹240,000 Min |
Sai Swami Metals And Alloys IPO Promoters Holding or Owners Holdings
- Mr. Nipun Anantlal Bhaga
Mr. Nipun Anantlal Bhaga, the company’s promoter, saw his shareholding decrease from 99.88% to 62.15% after the issue.
Sai Swami Metals and Alloys IPO GMP (Gray Market Premium) day-by-day
| Date | GMP | IPO Price | Estimate Listing Price | Update On |
| 02/05/2024 | ₹50 | ₹60 | ₹110 | 02/05/2024 18:44 |
| 01/05/2024 | ₹47 | ₹60 | ₹107 | 01/05/2024 15:44 |
| 30/04/2024 | ₹40 | ₹60 | ₹100 | 30/04/2024 19.30 |
| 29/04/2024 | ₹20 | ₹60 | ₹80 | 29/04/2024 08:52 |
| 28/04/2024 | ₹20 | ₹60 | ₹80 | 28/04/2024 14:00 |
| 27/04/2024 | ₹14 | ₹60 | ₹74 | 27/04/2024 14:00 |
| 26/04/2024 | ₹0 | ₹60 | ₹60 | 26/04/2024 14:00 |
To see Sai Swami Metals and Alloys IPO live subscription status please visit our IPO Subscription Status Live section on the menu.
Sai Swami Metals and Alloys IPO Allotment Status
Sai Swami Metals and Alloys IPO allotment expected date is 6th May 2024. To check the allotment status follow the stapes.
To check Storage Technologies & Automation Limited IPO Allotment Visit the link BIGSHARE SERVICES PRIVATE LIMITED select IPO Name enter your Application No or PAN no then click on submit. Now you can see the allotment status.
Know About ai Swami Metals and Alloys Limited
Sai Swami Metals & Alloys Limited was established in September 2022 and specializes in trading various stainless steel products. Their product range includes kitchenware like Dinner Sets, S.S. Casseroles, and S.S. Water Bottles, along with Stainless Steel Sheets and Circles. We’re known for our Dolphin brand, which is marketed by the company and its subsidiaries, Bhagat Marketing Private Limited and Dhruvish Metals LLP.
As of December 31st, 2023, they have built a network comprising 6 Distributors and over 150 sub-dealers, stockists, retailers, and alliances across Gujarat, Madhya Pradesh, Maharashtra, and other regions.
For More Details please see – Sai Swami Metals & Alloys Limited RHP
Objects of the Issue
- To Meet Incremental Working Capital Requirements
- To Invest in a Subsidiary Company
- To Purchase of Machinery
- General Corporate Purpose
Swami Metals and Alloys Limited Financial Status (Restated)
| Particulars | For the Period / Year ended on (₹ in Lakhs) | |
| 31st December, 2023 | 31st March, 2023 | |
| Liabilities | 2,617.31 | 2,583.16 |
| Assets | 2,617.31 | 2,583.16 |
| Revenue | 3,333.86 | 626.76 |
| PAT (Profit After Tax) | 179.52 | 3.83 |
| Total Borrowing | 743.16 | 610.23 |
| Net Worth | 664.47 | 35.32 |
Key Performance Indicator (KPI) of Swami Metals and Alloys Limited
| Particulars | As of 31 October 2023 |
| EBITDA | 281.01 Lakh or 08.43% |
| PAT Margin (in %) | 5.38% |
| RoCE (in %) | – |
| RoE (%) | – |
| EPS | 5.29 per share pre-issue |
| PE Ratio | 14.34 |
Swami Metals and Alloys IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Swami Metals and Alloys IPO Book Running Lead Manager
SWASTIKA INVESTMART LIMITED
Email Id: merchantbanking@swastika.co.in
Telephone Number: +91-22-26254568-69 / 0731-6644244
Swami Metals and Alloys Limited Contact
Sai Swami Metals & Alloys Limited
05, Harekrishana Industrial Estate Bakrol,
Ahmedabad, Daskroi-382430
Phone: +91 99099 70863
Email: cs@saiswamimetals.com
Website: https://www.saiswamimetals.com/
How To Apply Swami Metals and Alloys IPO
To apply for the Sai Swami Metals & Alloys Ltd IPO online, you have two payment options: UPI or ASBA. Here’s how you can do it through various platforms:
- Zerodha, Dhan, Angle One, Upstock, etc.: These brokers offer UPI IPO applications. You can apply for the IPO through their respective platforms by selecting the Racks & Rollers IPO and completing the application process using UPI as the payment method.
- ICICI Bank, HDFC Bank, and SBI Bank: These banks provide ASBA IPO applications. You can apply for the IPO through their net banking portals. Simply log in to your bank account, navigate to the IPO section, select the Racks & Rollers IPO, and fill out the application form, specifying the bid quantity and price. Then, submit the application using ASBA as the payment method.
FAQs
What is the price band for the Sai Swami Metals & Alloys Limited IPO?
The IPO price band is ₹60 per share.
The company plans to issue 25 lakh shares, aiming to raise ₹1500 Lakhs.
How can I check the allotment status of the Sai Swami Metals & Alloys Limited IPO?
The allotment status is expected to be available on May 6, 2024. You can check it through the registrar’s website or other designated platforms.
