Sai Swami Metals And Alloys Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding Date

    30-Apr-2024 to
    03-May-2024

  • Issue Size

    ₹15 Cr

  • Price Band

    ₹60

  • Allotment date

    06-May-2024

  • Listing date

    08-May-2024

  • Lot size

    2000

  • No. of shares

    25,00,000

  • Fresh issue/OFS

    ₹15 Cr /--

About The Company

The company, "Sai Swami Metals and Alloys," was incorporated on September 23rd, 2022 with the objective of acquiring and taking over the business of a sole proprietorship known as 'Steel Kraft Industries'. Their core business revolves around trading and marketing a wide range of stainless steel products. These include kitchenware such as Dinner Sets and Stainless Steel products such as Casseroles, Multi Kadai, Water Bottles, Sheets, Circles, and various utensils. Additionally, they trade in basic raw materials like stainless steel Patta, Sheet, Coil, Scrap, Pipe as well as Mild Steel Round and Beam. They engage in trading of the kitchenware products under the distinguished Dolphin Brand, through the subsidiary Bhagat Marketing Private Limited. The company has established a robust distribution network comprising 6 distributors and over 150 sub-dealers, stockists, retailers, and strategic alliances across India. This network ensures widespread availability of their products.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    515.9x

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FAQs for Sai Swami Metals And Alloys Ltd.

The issue size of Sai Swami Metals And Alloys Ltd is ₹15.00 Cr.

Sai Swami Metals And Alloys Ltd falls into Metal Processing industry.

The Sai Swami Metals And Alloys Ltd IPO will be listed on NSE.

The open and close dates for the Sai Swami Metals And Alloys Ltd are 30-Apr-2024 & 03-May-2024.

The price band for the Sai Swami Metals And Alloys Ltd ipo is ₹60

The listing date of Sai Swami Metals And Alloys Ltd IPO is 08-May-2024.

The purpose of this IPO is to raise fresh capital.

Sai Swami Metals And Alloys Ltd total subscription ratio is 515.9X.

Key financial of the Sai Swami Metals And Alloys Ltd are:


Sai Swami Metals And Alloys Ltd FY-23 FY-22 FY-21
Revenue (₹ Cr) 6.25 8.84 7.51
EBIT (₹ Cr) 0.64 0.85 0.18
Proft after Tax (₹ Cr) 0.37 0.52 0.05
Debt (₹ Cr) 1.37 3.24 3.26
Net Worth (₹ Cr) 3.96 1.89 1.44
RoE (%) 9.41 27.68 3.2