Sai Swami Metals and Alloys Ltd

Sai Swami Metals IPO

Sai Swami Metals and Alloys Ltd

₹1,20,000 /2000 sharesMinimum investment

IPO details

Minimum investment
₹1,20,000
Price range
₹60 - ₹60
Lot size
2,000
Issue size
15 Cr
Face value
10

Subscription rate

Data will be available soon

Schedule

30 Apr 2024
IPO open date
3 May 2024
IPO close date
6 May 2024
Allotment date
6 May 2024
Funds unblock or debit
8 May 2024
Tentative listing date

About

Sai Swami Metals and Alloys Limited is actively involved in the trading and marketing of a comprehensive array of stainless steel products, addressing the diverse needs of its discerning customers. Its product line is specifically designed to encompass a wide range 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. These products showcase the Company's commitment to providing high quality stainless steel kitchenware that spans a wide spectrum of categories. With a focus on innovation and quality, its offerings are crafted to meet the unique preferences and requirements of its diverse customer base.;
Parent organisation
Sai Swami Metals and Alloys Ltd

Sai Swami Metals Financials

Data will be available soon

Strengths & Risks

Strengths
Risks
Experienced Promoter and Management Team.
Consistent focus on quality Products.
Diversified Range of kitchenware product.
Established sales and distribution network.
The property used by the Company for the operation purpose is not owned by it. Any termination of the
relevant lease agreement or rent agreement in connection with such property or its failure to renew the same could adversely affect the company's operations.
Majority of its Current revenue is dependent on one product i.e., S.S. Scraps inability to anticipate or adapt to evolving upgradation of products or inability to ensure product quality or reduction in the demand of such products may adversely impact its revenue from operations and growth prospects.
The Company is using logo of its Subsidiary Company and also has made application for registration of trademark, which is under process of registration. The company is unable to assure that the future viability or value of any of its intellectual property or that the steps taken by it to protect the proprietary rights of the Company will be adequate.
The company source its materials from third parties with whom the company does not have long term contract or price guarantees.

Application details

For Sai Swami Metals IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹60 - ₹60₹2 - ₹5 Lakhs2000
High Networth Individual₹60 - ₹60₹2 - ₹5 Lakhs2000

Frequently Asked Questions