Sai Swami Metals & Alloys launches SME IPO on BSE's platform on 30 April, aiming to raise Rs 15 crore.

Sai Swami Metals & Alloys, a stainless steel manufacturer, is launching an SME IPO on BSE's SME platform on 30 April with a fixed price of Rs 60 per share, aiming to raise around Rs 15 crore through a fresh issue of 25 lakh equity shares. The company plans to use the funds for expansion, including machinery purchases, investing in a subsidiary, and meeting working capital requirements.

April 27, 2024
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