Sai Swami Metals IPO GMP Today ( Grey Market Premium )

Sai Swami Metals IPO GMP Today

The Sai Swami Metals IPO commenced on April 30, 2024, and concluded on May 3, 2024. The allotment of shares took place on May 6, 2024, and the initiation of refunds began on May 7, 2024. The shares were credited to the demat accounts of investors on May 7, 2024. Finally, the listing of Sai Swami Metals on the stock exchange occurred on May 8, 2024.

The Sai Swami Metals IPO was priced at ₹60 per share, with a lot size of 2000 shares. The total issue size was ₹15.00 crores, comprising a fresh issue of 15.00 crores. The IPO was listed on the BSE SME.

In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.

Sai Swami Metals IPO Basic Details

Company NameSai Swami Metals & Alloys Limited
Domain of CompanySteel Product Company
Sai Swami Metals IPO GMP Today₹24
Sai Swami Metals IPO Listing Gain40.00%
Sai Swami Metals IPO Open DateApril 30, 2024
Sai Swami Metals IPO Close DateMay 3, 2024
Sai Swami Metals IPO Allotment DateMay 6, 2024
Sai Swami Metals IPO Listing DateMay 8, 2024
Face Value₹10 per share
Price₹60 per share
Lot Size2000 Shares
Issue Size2,500,000 shares of ₹10
(aggregating up to ₹15.00 Cr)
Fresh Issue2,500,000 shares of ₹10
(aggregating up to ₹15.00 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Company PromotersMr. Nipun Anantlal Bhaga

Sai Swami Metals IPO GMP Today:

DateGMPListing GainKostakSubject to
29 April 2024₹2440.00%

Sai Swami Metals & Alloys IPO Details:

Established in September 2022, Sai Swami Metals and Alloys Pvt. Ltd. specializes in offering a wide selection of stainless steel items to meet our customers’ diverse needs.

Our product range includes various kitchen essentials like Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, as well as Stainless Steel Sheets, Circles, and other utensils.

Under the Dolphin brand, the company, along with its subsidiaries Bhagat Marketing Private Limited and Dhruvish Metals LLP, is known for trading and promoting stainless steel kitchenware products.

As of December 31st, 2023, we have built a strong network consisting of 6 Distributors and over 150 sub-dealers, stockists, retailers, and strategic partners across Gujarat, Madhya Pradesh, Maharashtra, and beyond.

By March 31st, 2024, our team had grown to a total of seven dedicated employees.

Sai Swami Metals IPO More Details Click Here

Sai Swami Metals IPO FAQs

When is Sai Swami Metals IPO open?

Sai Swami Metals IPO will open on 30 April 2024.

When is Sai Swami Metals IPO Close?

Sai Swami Metals IPO will be closed on 3 May 2024.

What is Sai Swami Metals IPO GMP Today?

The Sai Swami Metals IPO GMP aka Grey Market Premium is ₹24.

What is Sai Swami Metals IPO Kostak Rates Today?

The Sai Swami Metals IPO Kostak Rate is ₹000.

What is Sai Swami Metals IPO Subject to Sauda Price Today?

The Sai Swami Metals IPO subject to sauda rates is ₹000.

Sai Swami Metals IPO Expected Returns?

The Sai Swami Metals expected return is 40.00%.

How much will be the listing gain in Sai Swami Metals IPO?

Sai Swami Metals IPO will get listing gain of 40.00%. (Approx.)

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