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Issue Open Date
|
30-Apr-24
|
|
Issue Closing Date
|
03-May-24
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Application Money
|
100
|
|
Allotment Money
|
|
|
|
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Price Band
|
60
-
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|
Minimium Application No.
|
2000
|
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Issue Size (Shares)
|
2500000
|
|
Market Lot
|
1
|
|
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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.
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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.
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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
|
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|
|
|
|
|
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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
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Listed at |
BSE
|
|
Lead Manager |
Swastika Investmart Ltd.
|
|
Promoters |
Nipun Anantlal Bhagat
|
|