April 30, 2024 - May 3, 2024

Sai Swami Metals and Alloys IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Sai Swami Metals and Alloys IPO.

Sai Swami Metals and Alloys IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Sai Swami Metals and Alloys IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Sai Swami Metals and Alloys IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company that was primarily a trader in stainless steel products has also entered in kitchenware with vast varieties and models. It has modernized its kitchenware manufacturing facility and giving major thrust for this high margin products that has been reflected in 9M-FY24 performance. With more latest machinery addition, the company hopes to expand its kitchenware product portfolio and sustain the trends in coming years. Based on FY24 annualized earnings, the issue appears fully priced. Post-IPO, small equity base indicates longer gestation for migration. Well-informed investors may park funds for the medium to long term growth. Read detail review...

Sai Swami Metals & Alloys IPO Peer Comparison

Sai Swami Metals & Alloys Limited peer comparison with similar listed entities. (As on December 31, 2023)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Sai Swami Metals & Alloys Limited	5.29	19.57	11.34	27.02	3.07	Consolidated
Ttk Prestige Ltd.	12.25	152.25	60.51	8.24	4.87	Consolidated

Source: Financial Report of Peer Group Companies available on Stock Exchange.
Based on December 31st, 2023 Restated Financials Statements.
Basic & diluted Earnings per share (EPS) is calculated in weighted average number of shares
Not Annualised
Price Earing (P/E) Ratio of Sai Swami metals and alloys ltd is in relation to offer Price of ₹ 60/- per shares.
Price Earing (P/E) Ratio of peer company is based on December 31 st, 2023 share price

Sai Swami Metals and Alloys IPO Review by Members

Sai Swami Metals and Alloys IPO Reviews, analysis and views by popular members. Read Sai Swami Metals & Alloys Limited IPO reviews by retail investors to find recommended ipo to buy.

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Sai Swami Metals and Alloys IPO Review Summary by Members

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