Sai Swami Metals and Alloys Limited IPO GMP Today, Grey Markets Premium

Dear investors check out here Sai Swami Metals & Alloys IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Sai Swami Metals & Alloys IPO GMP today is ₹53.

Sai Swami Metals & Alloys IPO is open on Tuesday, April 30, 2024. and close on Friday, May 3, 2024. Sai Swami Metals & Alloys IPO total issue size is 2,500,000 shares
(aggregating up to ₹15.00 Cr.), Sai Swami Metals & Alloys IPO price is ₹60 per share. The IPO will be listed on BSE and NSE. Sai Swami Metals & Alloys Limited IPO listing on Wednesday, May 8, 2024.

Sai Swami Metals & Alloys IPO Date

• IPO Open Date: Tuesday, April 30, 2024
• IPO Close Date: Friday, May 3, 2024
• Basis of Allotment: Monday, May 6, 2024
• Initiation of Refunds: Tuesday, May 7, 2024
• Credit of Shares to Demat: Tuesday, May 7, 2024
• Listing Date: Wednesday, May 8, 2024
• Cut-off time for UPI mandate confirmation: 5 PM on May 3, 2024

Sai Swami Metals & Alloys Limited About

Established in September 2022, Sai Swami Metals and Alloys offers a wide variety of stainless steel products to meet diverse customer needs. Their product range includes kitchenware like dinner sets, casseroles, multi kadai, water bottles, and more, alongside stainless steel sheets and circles.

The company leverages the trusted Dolphin brand for marketing and trading these products, supported by its subsidiaries Bhagat Marketing and Dhruvish Metals.

As of December 2023, Sai Swami Metals boasts a strong distribution network across Gujarat, Madhya Pradesh, Maharashtra, and other states. This network includes 6 distributors, over 150 sub-dealers/stockists/retailers, and strategic alliances.

The company maintains a lean team, with a headcount of seven employees as of March 31, 2024.

Sai Swami Metals & Alloys IPO GMP Today Price | Gray Markets Price Today

As Per the last update on May 04, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Sai Swami Metals & Alloys IPO is ₹53. The base price of the IPO is ₹60.00, with an estimated listing price of ₹113 (88.33%)  (cap price + today’s GMP). This suggests an expected profit/loss per share of 88.33%.

Sai Swami Metals & Alloys IPO GMP Today