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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Sai Swami Metals and Alloys Ltd
Registered Office: 05 Harekrishana Industrial -, Estate Bakrol Daskroi, Ahmedabad - 382430, Gujarat
Phone: 1
Email: 1
Website: 1
Public issue of 25,00,000 equity shares of face value of Rs. 10/- each of Sai Swami Metals and Alloys Limited ("Sai" or the "Company" or the "Issuer") for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share (the "Issue Price") aggregating to Rs. 15.00 crores ("The Issue"), of which 1,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share aggregating to Rs. 0.77 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 23,72,000 equity shares of face value of Rs. 10/- each at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share aggregating to Rs. 14.23 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 37.78% and 35.84% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 60/-. The issue price is 6.00 times of the face value. Minimum Market lot 2000
Issue Money Payable On
Opens On Closes On Application Allotment
30-Apr-2024 03-May-2024 60.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 14.00
Project Financed through Current Offer 15.00
Post Issue Equity Share Capital 6.62
Issue Price 60.00
Projects
To meet incremetal working capital requirements
To unvest subsidiary company
To purchase of machinery
General corporate purposes
Promoted By
Nipun Anantlal Bhagat
BSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.