Sai Swami Metals and Alloys IPO
The company is actively involved in the trading and marketing of a comprehensive array of stainless steel products, addressing the diverse needs of their discerning customers. The 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. They 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 their various customers. These products showcase the company’s commitment to providing high-quality stainless steel kitchenware that spans a wide spectrum of categories.
Sai Swami Metals and Alloys Limited oversees two subsidiaries, reflecting a diversified presence in the stainless steel kitchenware. One is Dhruvish Metal Industries LLP and other one is Bhagat Marketing Private Limited. Dhruvish Metal Industries LLP, incorporated on 27th February, 2021, operates as a manufacturing unit for utensils. This subsidiary initiated a new plant setup in 2022, specializing in the manufacturing of utensils with a daily capacity of 2 Tons.
Additionally, Bhagat Marketing Private Limited, a wholly-owned subsidiary incorporated in 1994, is predominantly owned by Sai Swami Metals and Alloys Limited. This subsidiary focuses on the trading of various stainless steel kitchenware products, including 90 Stain steel Pressure Cookers, Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, S.S. Sheets, S.S. Circles, and various types of utensils, all under the distinguished Dolphin Brand.
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/stockiest/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 their esteemed customer base. DOLPHIN has emerged as a well-respected consumer brand for all types of stainless steel kitchenware products and kitchen accessories.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.
Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.
In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.
In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).
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