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April 30, 2024 - May 3, 2024

Sai Swami Metals and Alloys IPO FAQ

Sai Swami Metals and Alloys IPO Date & Price

The Sai Swami Metals and Alloys IPO opens on April 30, 2024 and closes on May 3, 2024.

Sai Swami Metals and Alloys IPO timetable / schedule is as below:
  • Bid/Offer Opens On: April 30, 2024
  • Bid/Offer Closes On: May 3, 2024
  • Finalization of Basis of Allotment: May 6, 2024
  • Initiation of refunds: May 7, 2024
  • Credit of Equity Shares: May 7, 2024
  • Listing Date: May 8, 2024

Sai Swami Metals and Alloys IPO price is set at ₹60 per equity share.

Sai Swami Metals and Alloys IPO will close for subscription at 5 PM on May 3, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Sai Swami Metals and Alloys IPO starts on April 30, 2024. The issue ends on May 3, 2024.

Sai Swami Metals and Alloys IPO Issue Size and Subscription Status

The Sai Swami Metals and Alloys IPO size is 2500000 Equity Shares of ₹10 aggregating up to ₹15.00 Cr.

Sai Swami Metals & Alloys Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Sai Swami Metals and Alloys IPO shares through the banks (using ASBA) or through the broker (using UPI).

Sai Swami Metals and Alloys IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,186,000 Shares
Retail Individual Investor (RII)1,186,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,372,000 Shares

Sai Swami Metals and Alloys IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)533.83 times times
Retail Individual Investor (RII)529.01 times times
Employee Reservations times
Other Reservations times
Total Issue Size543.72 times times

Click here to check the Sai Swami Metals and Alloys IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Sai Swami Metals and Alloys IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Sai Swami Metals and Alloys IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Sai Swami Metals and Alloys IPO Allotment and Listing

The Sai Swami Metals and Alloys IPO allot status will be available online on May 6, 2024. Check the Sai Swami Metals and Alloys IPO Allotment Status here.

Click here to check Sai Swami Metals and Alloys IPO Allotment Status.

Sai Swami Metals and Alloys IPO listing Date is May 8, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Sai Swami Metals and Alloys IPO listing date and time is published by the exchange in a circular.

Click here to view the Sai Swami Metals and Alloys IPO Basis of Allotment.

It is hard to say at what price Sai Swami Metals and Alloys IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Sai Swami Metals and Alloys IPO shares will list on May 8, 2024 at BSE SME.

Sai Swami Metals and Alloys IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Sai Swami Metals and Alloys IPO which could help you with questions like Sai Swami Metals and Alloys IPO buy or not? You should also read Sai Swami Metals and Alloys IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Sai Swami Metals and Alloys IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Sai Swami Metals and Alloys IPO performance. The performance reports are available 1 day after listing.

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