1. IPO
Sai Swami Metals & Alloys

Sai Swami Metals & Alloys

listed
₹1.20LMin. investment
  1. Bid start
    30 Apr
  2. Bid end
    3 May
  3. Allotment
    2 May
  4. Release of funds
    7 May
  5. Demat transfer
    6 May
  6. Listing
    8 May

Sai Swami Metals & Alloys IPO Details

Price range₹60.00 – ₹60.00
IPO type
SME
Lot size2000 shares
Issue size₹15Cr
RHP/DRHP
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About Sai Swami Metals & Alloys Limited

Incorporated in September 2022,  Sai Swami Metals & Alloys is actively involved in the trading and marketing of a comprehensive array of stainless steel products. Their product line is specifically designed to encompass a wide range of kitchenware, including Dinner Sets, Casseroles, Multi Kadai, Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. They are also engaged in trading of basic raw materials like Patta, Sheet, Coil, Scrap, Pipe, M.S. Round (Mild Steel Round) and M.S. beam. These products showcase the company’s commitment to providing high-quality stainless steel kitchenware that spans a wide spectrum of categories.
With over 30 years of trade experience in ferrous and nonferrous metals, as well as stainless steel scraps, specializing in marketing stainless steel sheets, circles, and advanced utensils and appliances under the esteemed DOLPHIN brand, the company boasts a team of experienced individuals dedicated to steering it to new heights.
The company has strategically appointed highly experienced sales personnel for the job, complemented by their promoter’s extensive three-decade experience in this field. Through a network including 6 distributors and more than 150 subdealers/stockist/retailers and strategic alliances, they ensure the widespread availability of their products across Pan India, either through direct channels or reputable semi-wholesalers. Additionally, their specialization in trading and marketing extends to special category products, further enhancing their presence and reputation in the market. The success of their endeavors is evident in our esteemed customer base. DOLPHIN has emerged as a well-respected consumer brand for all types of stainless steel kitchenware products and kitchen accessories. This recognition reflects our dedication to quality, innovation, and customer satisfaction, making them a trusted name in the industry.
Sai Swami Metals & Alloys Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1. To Meet Incremental Working Capital Requirements.
  2. To Invest in Subsidiary Company. 
  3. To Purchase of Machineries.
  4. General Corporate Purpose.

Frequently asked questions

How to invest in the Sai Swami Metals & Alloys ?

Investors can apply for the Sai Swami Metals & Alloys through their Demat account via the stock exchange or through their broker.

What is the issue size of Sai Swami Metals & Alloys ?

The issue size of the Sai Swami Metals & Alloys is 15 Cr.

What is 'pre-apply' for Sai Swami Metals & Alloys ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Sai Swami Metals & Alloys shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.