214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Sai Swami Metals & Alloys IPO (Sai Swami Metals & Alloys Limited IPO) Detail

Sai Swami Metals & Alloys Limited is an Steel based company, located in Ahmedabad, Sai Swami Metals & Alloys Limited IPO size was 15.00 Cr. and was issued at 60.00 per share. The share of Sai Swami Metals & Alloys Limited were listed at 119.70 per share and are currently trading at 32.80 per share.

Type :
Sub Sector : Trades In A Wide Range Of Stainless Steel Products
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
44.44 Cr.

PAT :
2.39 Cr.

Pricing Report

Issue Price :
60.00

Listing Price :
119.70

Current Market Price :
32.80

Issue Price vs CMP :
27.2 (45.33%)

listing Price vs CMP :
86.9 (72.60%)

Performance Report (CAGR* wise)

CAGR : -34.6
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Sai Swami Metals & Alloys

Company Information
Sai Swami Metals & Alloys Limited is actively engaged in the trading and marketing of a wide range of stainless steel products, catering to the diverse needs of its customers. The product line includes kitchenware items such as Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. Additionally, the company trades in basic raw materials like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round, and M.S. Beam. Through its subsidiaries, Bhagat Marketing Private Limited and Dhruvish Metals LLP, the company specializes in trading stainless steel kitchenware products under the brand "DOLPHIN." The business employs an outsourcing model, collaborating with Dhruvish Metals LLP to source and manufacture complete kitchenware
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Object of Issue
  • To Meet Incremental Working Capital Requirements
  • To Invest in Subsidiary Company
  • To Purchase of Machineries
  • General Corporate Purposes

Sai Swami Metals & Alloys SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
May, 2024
IPO Size :
15.00 Cr.
IPO Subscription :
543.72 X     
PE Multiple :
16.58
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Sai Swami Metals & Alloys operates in Steel and Trades In A Wide Range Of Stainless Steel Products. The Issue is listed on BSE SME in May, 2024. Sai Swami Metals & Alloys IPO size was 15.00 Cr. with Issue price of 60.00 .

Sai Swami Metals & Alloys IPO subscription was 543.72 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sai Swami Metals & Alloys IPO listed at a listing price of 119.70 against the offer price of 60.00.

The current market price of Sai Swami Metals & Alloys is 32.80.

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