Sai Swami Metals & Alloys
listed
₹1.20LMin. investment
Sai Swami Metals & Alloys IPO Details
Issue size
₹15Cr
IPO type
SME
Price range
₹60.00 – ₹60.00
Listing date
8 May 2024
Lot size
2000 shares
RHP/DRHP
Read
Price range₹60.00 – ₹60.00
IPO type
SME
Lot size2000 shares
Issue size₹15Cr
RHP/DRHP
Read
Sai Swami Metals & Alloys Timeline
- Bid start30 Apr 2024
- Bid end3 May 2024
- Allotment2 May 2024
- Release of funds7 May 2024
- Demat transfer6 May 2024
- Listing8 May 2024
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:
- To Meet Incremental Working Capital Requirements.
- To Invest in Subsidiary Company.
- To Purchase of Machineries.
- General Corporate Purpose.
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Sai Swami Metals & Alloys Contact Details
Company NameSai Swami Metals & Alloys
How to apply for Sai Swami Metals & Alloys?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.