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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 1.00  
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   NA  
Qualified Institutional Buyers     29190000   NA  
Retail Individual Investors     627402000   NA  
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, incl
more...
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
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  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
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