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Open
30 Apr to 3 May, 2024
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Close
30 Apr to 3 May, 2024
3
Allotment
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Listing
Wed, May 8, 2024
Price Band
₹60 per share
Issue Size
25,00,000 shares (agg. up to ₹15 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, May 8, 2024
Latest GMP
₹50
Est. Gain
83.33%
✦ AI Insight
GMP Trend
08-05-2024₹50Est. ₹110+83.33%
07-05-2024₹50Est. ₹110+83.33%
06-05-2024₹50Est. ₹110+83.33%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 541.15x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 26.17 | 25.83 |
| Total Income | 33.34 | 6.27 |
| Profit After Tax | 1.80 | 0.04 |
| NET Worth | 6.64 | 0.35 |
| Reserves and Surplus | 2.53 | 0.34 |
| Total Borrowing | 7.43 | 6.10 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aspire & Innovative Advertising Ltd. | SME | ₹21.97 Cr | ₹54 | 11.3 | ₹59.30 | +9.81% | ₹13.15 |
| Greenchef Appliances Ltd. | SME | ₹53.62 Cr | ₹87 | 14.87 | ₹109.20 | +25.52% | ₹61.90 |
| EPACK Durable Ltd. | Mainboard | ₹640.05 Cr | ₹230 | 56.4 | ₹207.60 | -9.74% | ₹187.38 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Incremental Working Capital Requirements | 6.00 |
| 2 | To Invest in Subsidiary Company. | 4.00 |
| 3 | To Purchase of Machineries | 2.00 |
| 4 | General Corporate Purpose | 2.00 |
About Sai Swami Metals IPO
Updated on Aug 5, 2026
Contact Details
Sai Swami Metals & Alloys Ltd. Address05, Harekrishana IndustrialEstate BakrolDascroiAhmedabad, Gujarat, 382430+91 99099 70863cs@saiswamimetals.comVisit Website