Sai Swami Metals & Alloys

About the company

## **About Sai Swami Metals & Alloys Limited** Incorporated in September 2022,  Sai Swami Metals & Alloys is actively involved in the trading and marketing of a comprehensive array of stainless steel products. Their product line is specifically designed to encompass a wide range of kitchenware, including Dinner Sets, Casseroles, Multi Kadai, Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. They are also engaged in trading of basic raw materials like Patta, Sheet, Coil, Scrap, Pipe, M.S. Round (Mild Steel Round) and M.S. beam. These products showcase the company’s commitment to providing high-quality stainless steel kitchenware that spans a wide spectrum of categories. With over 30 years of trade experience in ferrous and nonferrous metals, as well as stainless steel scraps, specializing in marketing stainless steel sheets, circles, and advanced utensils and appliances under the esteemed DOLPHIN brand, the company boasts a team of experienced individuals dedicated to steering it to new heights. The company has strategically appointed highly experienced sales personnel for the job, complemented by their promoter’s extensive three-decade experience in this field. Through a network including 6 distributors and more than 150 subdealers/stockist/retailers and strategic alliances, they ensure the widespread availability of their products across Pan India, either through direct channels or reputable semi-wholesalers. Additionally, their specialization in trading and marketing extends to special category products, further enhancing their presence and reputation in the market. The success of their endeavors is evident in our esteemed customer base. DOLPHIN has emerged as a well-respected consumer brand for all types of stainless steel kitchenware products and kitchen accessories. This recognition reflects our dedication to quality, innovation, and customer satisfaction, making them a trusted name in the industry. Sai Swami Metals & Alloys Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. To Meet Incremental Working Capital Requirements. 1. To Invest in Subsidiary Company.  1. To Purchase of Machineries. 1. General Corporate Purpose.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   30 Apr 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   03 May 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   02 May 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   07 May 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   06 May 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   08 May 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.