:::LALKAR GROUP::::

Sai Swami Metals and Alloys Ltd

Registered Office: 05 Harekrishana Industrial -,Estate Bakrol Daskroi, Ahmedabad - 382430, Gujarat, India.
Phone : +91 99099 70863 Fax:
Email : cs@saiswamimetals.com
Website : www.saiswamimetals.com

Public issue of 25,00,000 equity shares of face value of Rs. 10/- each of Sai Swami Metals and Alloys Limited ("Sai" or the "Company" or the "Issuer") for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share (the "Issue Price") aggregating to Rs. 15.00 crores ("The Issue"), of which 1,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share aggregating to Rs. 0.77 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 23,72,000 equity shares of face value of Rs. 10/- each at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share aggregating to Rs. 14.23 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 37.78% and 35.84% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 60/-. The issue price is 6.00 times of the face value. Minimum Market lot 2000

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
30-Apr-24	03-May-24	60.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	Lead Managers to the Issue
Project Cost	14.00	Swastika Investmart Ltd
Project Financed through Current Offer	15.00
Post Issue Equity Share Capital	6.62
Issue Price	60.00

Projects

To meet incremetal working capital requirements	To unvest subsidiary company
To purchase of machinery	General corporate purposes

Promoted By

Nipun Anantlal Bhagat

Listing At

BSE - SME

Registrar to the Issue

No Data Available