IPO Snapshot
 
Sai Swami Metals & Alloys Ltd.
Issue Open Date 30-Apr-24  
Issue Closing Date 03-May-24  
Application Money 100  
Allotment Money  
Price Band 60 -  
Minimium Application No. 2000  
Issue Size (Shares) 2500000  
Market Lot 1  
Objective
1. To Meet Incremental Working Capital Requirements;2. To Invest in Subsidiary Company;3. To Purchase of Machineries;4. General Corporate Purpose;5. To Meet Public Issue Expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     633250000    
Qualified Institutional Buyers     29190000    
Retail Individual Investors     29190000    
Business Description:
Our company is actively involved in the trading and marketing of a comprehensive array of stainless steel products,addressing the diverse needs of our discerning customers. Our product line is specifically designed to encompass a widerange of kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets,Stainless Steel Circles, and various types of utensils. We are also engaged in trading of basic raw material like S.S.Patta,S.S.Sheet, S.S.Coil, S.S.Scrap, S.S.Pipe, M.S.Round (Mild steel Round) and M.S. beam and so on for our variouscustomers. These products showcase our Company’s commitment to providing high-quality stainless steel kitchenware thatspans a wide spectrum of categories. With a focus on innovation and quality, our offerings are crafted to meet the uniquepreferences and requirements of our diverse customer base.
Promoter's Holding
Total Share Capital   4112820  
Offered to Public   2500000  
Promoter's Holding (Pre-Issue)   99.88  
Promoter's Holding (Post-Issue)   62.15  
Address
05
Harekrishana Industrial Estate
Bakrol

Ahmedabad Dist ,
Gujarat ,
382430
Phone : 9909970863
Email : info@saiswamimetals.com
Website : www.saiswamimetals.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Swastika Investmart Ltd.
Promoters
Nipun Anantlal Bhagat