Sai Swami Metals & Alloys IPO Subscription Status, Rate

Sai Swami Metals & Alloys Allotment Status Online

Sai Swami Metals & Alloys IPO Subscription Status: Sai Swami Metals & Alloys IPO is Open on April 30, 2024 and Close on May 3, 2024. Sai Swami Metals & Alloys IPO to Raise ( Approx 15 Crore) 2,500,000 Shares via IPO. The Fresh Issue of ( Approx 15 Crore) 2,500,000 Shares.

  • The Retail Quota is 50%
  • QIB is -%
  • NII is 50%.

Sai Swami Metals & Alloys IPO is an Mainline IPO and Listed on BSE SME. Sai Swami Metals & Alloys IPO Price Band is Fixed at ₹60 per ₹10 Equity Share. Sai Swami Metals & Alloys IPO Lot Size is 2000 Shares.

 

Sai Swami Metals & Alloys IPO Subscription Status Share Bids Live

Note :- Final Demand Data Display Of UPI Bids Shall Be Updated Upto 7:30 PM On Last Day Of IPO

 

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Qualified Buyers (QIBs) [.] [.] [.]
Non Institutional Buyers (NIIs) 1,186,000 63,31,22,000 533.83
Retail Individual Buyers (RIIs) 1,186,000 62,74,02,000 529.01
Market Maker 1,28,000 1,28,000 1
Other Portion Shareholders [.] [.] [.]
Total 2,372,000 1,28,97,14,000 543.72

 

 

Sai Swami Metals & Alloys Subscription Status day-by-day-

Categories 30 April 2 May 3 May
Others 13.98X 66.77 533.90
RII 31.79X 174.66 355.36
Total 22.90X 120.92 444.63

 

 

About Sai Swami Metals & Alloys IPO :

  • Sai Swami Metals & Alloys Incorporated In September 2022 Actively Involved In The Trading And Marketing Of A Comprehensive Array Of Stainless Steel Products, Addressing The Diverse Needs Of Our Discerning Customers.
  • Our Product Line Is Specifically Designed To Encompass A Wide Range Of Kitchenware, Including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, And Various Types Of Utensils. We Are Also Engaged In Trading Of Basic Raw Material Like S.S.Patta, S.S.Sheet, S.S.Coil, S.S.Scrap, S.S.Pipe, M.S.Round (Mild Steel Round) And M.S. Beam And So On For Our Various Customers.

 

Sai Swami Metals & Alloys Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

 

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

 

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

 

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

 

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

 

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