Sai Swami Metals & Alloys Limited IPO Allotment Status, Subscription and IPO Details

Sai Swami Metals & Alloys Limited IPO Allotment Status, Subscription and IPO Details

Sai Swami Metals & Alloys IPO Allotment Status 

Sai Swami Metals & Alloys IPO allotment is scheduled for May 6, available from April 30 to May 3, 2024,  prices at ₹60, each with a ₹10 face value. Investors can bid in lots of 2000 shares.

Invest in Direct Mutual Funds IPOs Bonds and Equity at ZERO COST

Sai Swami Metals & Alloys IPO Allotment Status Check 

To ascertain their allocation status for the Sai Swami Metals & Alloys IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare Services’s website.

IPO Allotment Status BSE 

Here are steps to checkSai Swami Metals & Alloys IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Sai Swami Metals & Alloys from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Sai Swami Metals & Alloys IPO allotment status on Bigshare Services’s website

Step 1: Visit IPO registrar website – Bigshare Services

Step 2: Select ‘Sai Swami Metals & Alloys’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Sai Swami Metals & Alloys IPO allotment status will be reflected on the screen.

Sai Swami Metals & Alloys IPO GMP Today

The Sai Swami Metals & Alloys IPO GMP (Grey Market Premium) is ₹50 as of 3rd May.

Sai Swami Metals & Alloys IPO Subscription Status

On its first day, the Sai Swami Metals & Alloys IPO was oversubscribed by 16.76 times, with the retail segment leading at 24.45 times and the NII segment at 9.07 times, receiving bids for 3,97,64,000 shares against the 23,72,000 offered.

Sai Swami Metals & Alloys IPO Details

The Sai Swami Metals & Alloys IPO aims to raise approximately ₹15 crore through a fresh issue of 25,00,000 shares with a ₹10 face value. Proceeds will fund machinery purchases, subsidiary investments, and working capital. Bigshare Services handles registration, with Swastika Investmart managing the books. Allotment is set for May 6, with a BSE SME listing expected by May 8.

Read More News
Aimtron Electronics IPO पहले दिन 2.16 गुना सब्सक्राइब, अलॉटमेंट और जानकारी चेक करें!

Aimtron Electronics IPO: पहले दिन 2.16 गुना सब्सक्राइब, अलॉटमेंट और जानकारी चेक करें!

Aimtron Electronics IPO में पहले दिन मजबूत रुचि देखी गई, जो 2.11 गुना सब्सक्राइब हुई, जिससे कंपनी की वित्तीय संभावनाओं और विकास पथ में बाजार का विश्वास प्रदर्शित होता है।

Ztech India IPO दूसरे दिन मजबूती से आगे बढ़ा इश्यू, अब तक 48.90 गुना सब्सक्रिप्शन!

Ztech India IPO : दूसरे दिन मजबूती से आगे बढ़ा इश्यू, अब तक 48.90 गुना सब्सक्रिप्शन!

Ztech India IPO को दूसरे दिन पर्याप्त रुचि मिली, 48.90 गुना अभिदान मिला, जो वित्तीय क्षेत्र में कंपनी के भविष्य के प्रति बाजार में मजबूत विश्वास और निवेशकों के उत्साह को दर्शाता है।