ipo alt text

Sai Infinium Ltd. IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. Sai Infinium Ltd. goes public when it first sells its shares after being listed on BSE or NSE.

Sai Infinium Ltd.
Objective
1) Funding of capital expenditure requirements towards setting up of the 1
7.4 MW Hybrid Power Plant -Gangiyavadar, Wankaner, Gujarat;2) Funding of capital expenditure requirements towards setting up of the Mild Steel (“MS”) Structures Rolling Mill– Bhavnagar, Gujarat;3) Purchase of Cargo Vessel (“Ship - Corsica”) for Ship Breaking Plant – Alang, Bhavnagar, Gujarat;4) General Corporate Purposes.
IPO Details
Face Value ₹ 10.00 Per Share
Issue Size ₹ 0.00 - 0.00 Cr
Price Band ₹ 0.00 - ₹ 0.00 Per Share
Issue Type Book building
Business Description
We operate from our manufacturing plant located at Survey No. 1020/ 1021/1 Paiky -B, Charmardi Village, taluka –Vallbhipur, Bhavnagar - 3643

...

10, Gujarat, area measuring 53,781 sq. meters’ with an installed capacity of 300 MetricTons (“MT”) per eight-hour shift for the production of TMT bars and MS billets. The plant manfuactures MS Billetsfrom various materials, including M S Scrap, waste and scrap of iron and steel, heavy melting scrap, shredded steelscrap, copper mould tube, HC silico manganese, HR coil, sponge iron and old & used MS plates. These MS Billetsare then used to produce TMT Bars. While iron and steel scrap are sourced from our own ship recycling unit, most ofthe other raw materials are sourced from external suppliers located in Gujarat, UAE, United Kingdom, USA andSingapore, on a sales contract basis. Our plant produces TMX bars in grades Fe 500, Fe 500 D, in sizes 8 MM, 10MM, 12 MM, 16 MM, 20 MM and 25 MM as well as 100 x 100 MS Billets. These TMT Bars are certified as a greenproduct by the CII - Green Products and Services Council.Our Ship Breaking Plant is located at Plot No. 158, Sosiya Ship Breaking Yard, Sosiya Village, Talaja Taluka,Bhavnagar – 364081, Gujarat. According to CARE report, India’s Alang ship-recycling yard, one of the largest in theworld, has over 140 recycling yards. India stands as the world’s second-largest player in the ship-recycling industry,only behind Bangladesh. The ship-recycling activities in India are also conducted in a limited manner at theKidderpore Docks, Syama Prasad Mookerjee Port, Kolkata; the Mumbai Port, and by the Steel Industrials KeralaLimited. Read More
Address
Address 3rd Floor, 2137, Bansal House Near Golden Arc Atabhai Chowk
City Bhavnagar
State Gujarat
Pincode 364002
Phone 0278 2565062
Email bandhan@infiniumgroup.in
Website www.bandhanglobal.com
About IPO
Listed At BSE/NSE
Lead Manager Sarthi Capital Advisors Pvt Ltd.
Promoters
Ishu Bansal
Shivnarayan Bansal
Devansh Infinium Pvt Ltd.
Promoter's Holding
Registrar

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

040 - 67162222/18003094001
einward.ris@kfintech.com
www.kfintech.com
Latest News
Alt Text
Equity

Nifty ends lower on Friday amid India-Pakistan tensions

Alt Text
Economy

SC holds Rahul Gandhi's remarks on Savarkar as ‘irresponsible’, warns him not to make such statements in future

Alt Text
Finance

Currency futures for April expiry trade weaker with 7.97% decrease in OI

Alt Text
Ipo

Iware Supplychain Services coming with IPO to raise Rs 27.13 crore

View All

Open Demat Account today!

Enter Full Name

Invalid Full Name

+91

Enter mobile number

Invalid mobile number

Select Partner
Verification required
close

Enter the One Time Password (OTP)

Sent to ********99

Edit Number
Enter valid OTP
Field should not be blank
You have exhausted your OTP attempts try again after 10 min

Request another in 60s

Resend OTP

secure   100% safe and secure

Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

View More

Disclaimer

This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Select partner from dropdown

Disclaimer

All content and research information displayed on the Site, are obtained from our partner Accord Fintech Private Limited. an authorized data feed vendor of BSE/NSE/MCX/NCDEX exchange. The data is provided on ‘As-Is’ basis and is not a live data feed but a feed with 15 minutes delay or more. Bajaj Markets does not warrant accuracy, completeness, timely availability of the information and data available on the Site. Past performance, when presented, is purely for reference purposes and is not a guarantee of similar future results.

The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.

Bajaj Markets partners with financial services entities for sourcing leads for services such as DEMAT accounts etc. In case you wish to avail the services, you shall be redirected to partners platform and shall be bound by the terms and conditions, privacy policy governing the said platform. 

Home1
Home
ONDC_Shopping
Shopping
Credit1
Credit Score
Accounts1
My Accounts
explore
Explore