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Open
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Close
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Allotment
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Listing
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Issue Size
1,96,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 397.15 | 310.13 | 201.23 | 192.30 |
| Total Income | 381.26 | 475.79 | 520.61 | 155.04 |
| Profit After Tax | 47.91 | 12.28 | 1.37 | 3.22 |
| NET Worth | 274.67 | 153.79 | 91.31 | 62.66 |
| Reserves and Surplus | 216.13 | 101.12 | 63.18 | 36.30 |
| Total Borrowing | 49.20 | 90.68 | 82.35 | 113.20 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹85.54 (-4.99%) |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹601.35 (-1.30%) |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹102.62 (-0.58%) |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹40.28 (+0.20%) |
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹90.05 (-3.69%) |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹74.49 (-1.18%) |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹37.39 (+2.02%) |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹10.01 (-2.34%) |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹95.75 (-1.29%) |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹59.00 (+0.00%) |
| Siddhi Cotspin Ltd. | SME | ₹69.85 Cr | ₹108 | 16.06 | ₹82.10 | -23.98% | ₹28.55 (+0.35%) |
| Rachit Prints Ltd. | SME | ₹19.50 Cr | ₹149 | 11.85 | ₹113.25 | -23.99% | ₹204.00 (-0.07%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements towards setting up of the 17.4 MW Hybrid Power Plant - Gangiyavadar, Wankaner, Gujarat | 130.00 |
| 2 | Funding of capital expenditure requirements towards setting up of the Mild Steel (“MS”) Structures Rolling Mill – Bhavnagar, Gujarat; | 65.00 |
| 3 | Purchase of Cargo Vessel (“Ship Corsica”) for Ship Breaking Plant – Alang, Bhavnagar, Gujarat; | 19.00 |
| 4 | General Corporate Purposes |
About Sai Infinium IPO
Incorporated in 2004, Sai Infinium Limited is engaged in three primary business segments: manufacturing of Mild Steel (MS) billets and Thermo Mechanically Treated (TMT) bars, ship breaking (recycling and dismantling), and investment in and sale of commercial real estate properties in Gujarat. On March 30, 2024, Sai Infinium Private Limited and Fidelis International Private Limited (the “Merged Entities”) merged with Sai Infinium Limited, as approved by the National Company Law Tribunal (NCLT). Sai Infinium Private Limited was involved in the ship breaking business, which the company continues to operate. Fidelis International Private Limited was engaged in manufacturing and distributing pharmaceutical PET bottles and dealing in commodities, ferrous, and non-ferrous ores. This business has been discontinued by the company post-merger. Manufacturing Operations Sai Infinium Limited operates its manufacturing plant under the name Sai Infinium Steel Division. Location: Survey No. 1020/1021/1 Paiky-B, Charmardi Village, Taluka – Vallbhipur, Bhavnagar – 364310, Gujarat Area: 53,781 square meters Installed Capacity: 300 metric tons per eight-hour shift for the production of TMT bars and MS
Contact Details
Sai Infinium Ltd. Address3 rd Floor, Plot No. 2137, Bansal House,Near Golden Arc, Atabhai Chowk,Bhavnagar - Gujarat, IndiaBhavnagar, Gujarat, 36400202782565062bandhan@infiniumgroup.inVisit Website