Sai Swami Metals & Alloys Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,186,000 (47%) | — | ₹712 Cr |
| Retail | — | 1,186,000 (47%) | — | ₹712 Cr |
| Market Maker | — | 128,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 2,500,000 (100%) | — | ₹15,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 |
|---|---|---|
| Revenue | 3,334 | 627 |
| Profit After Tax | 180 | 4 |
| Net Worth | 664 | 35 |
| Total Assets | 2,617 | 2,583 |
| Reserves & Surplus | 253 | 34 |
| Total Borrowing | 743 | 610 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Incremental Working Capital Requirements; –
- To Invest in Subsidiary Company; –
- To Purchase of Machineries; –
- General Corporate Purpose –
Company Overview
Incorporated in September 2022, Sai Swami Metals and Alloys Ltd. trades in a wide range of stainless steel products to cater to the varied needs of our customers.
The company's product line includes a variety of kitchenware such as Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various utensils.
The Dolphin brand is recognized for trading and marketing stainless steel kitchenware products by the company and its two subsidiaries, Bhagat Marketing Private Limited and Dhruvish Metals LLP.
As of December 31st, 2023, the company has a network of 6 Distributors and more than 150 sub-dealers/stockiest/retailers and strategic alliances in the state of Gujarat, Madhya Pradesh, Maharashtra etc.
On March 31st, 2024, the Company had a total of seven employees.