Sai Infinium IPO Date, Review, Price and Key Information

Sai Infinium Limited IPO is fully book build issue and total IPO size is ₹[.] crores. The total offering consists of 1.96 crore shares.

The dates for the Sai Infinium Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Sai Infinium Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Sai Infinium Limited IPO has not been announced yet.

Registrar for this IPO is Kfin Technologies Limited and lead managers for Sai Infinium Limited IPO are Sarthi Capital Advisors Private Limited.

Sai Infinium IPO

IPO Schedule

IPO Open Date-
IPO Close Date-
IPO Allotment Date-
Refund Initiation-
Share credit in Demat-
Listing Date-

Key Details

Price BandTBA
Lot SizeTBA
Face Value₹10 Per Equity Share
Total Issue Size19,600,000 Shares
Fresh Issue19,600,000 Shares
Issue TypeFresh Issue
Listing AtBSE, NSE

Share Reservation

Investor CategoryShares Offered
QIB75%
Retail10%
NII/HNI15%

About Sai Infinium Limited Company

Sai Infinium Limited, established in 2004, operates in MS Billets & TMT Bar manufacturing, ship breaking, and real estate. The company boasts a strong CAGR of 74.3% in revenue from operations between FY22 and FY24.

Sai Infinium's total assets have shown considerable growth, and the company achieved a CAGR of 46.8% in EBITDA during FY22-FY24. Specifically, Sai Infinium has increased its focus on TMT Bar production using the Hot Rolling process, reducing costs and improving margins. Their EBITDA margin averaged 8.1% from FY22 to FY24, and in H1'25, the PAT margin reached 18.3%.

Furthermore, Sai Infinium has significantly reduced its debt-to-equity ratio, showcasing improved financial health. Revenue from operations reached ₹47.27 Crore in FY24, primarily from billet and TMT sales. The company's ship breaking plant in Alang has a cutting capacity of up to 30,000 MT annually.

Sai Infinium Limited Financial Details

Period EndedDecember 31 2024Fiscal 2024Fiscal 2023Fiscal 2022
Assets3971.513101.302012.281923.04
Revenue3647.284727.435184.271543.00
Profit After Tax328.4290.5410.7423.41
Net Worth2746.651537.87913.10626.63
Reserves and Surplus2161.311011.22631.82362.99
Total Borrowing492.00906.79823.481131.96

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)Return on Net Worth (RoNW)Net Asset Value (NAV)Debt-Equity RatioReturn on Equity (ROE)Return on Capital Employed (ROCE)
3.227.39%54.67

Offer Objectives

The company is issuing up to 1.96 crore Equity Shares at an issue price of ₹[●] per share. The issue aims to raise funds for several key objectives.

Key Objectives:

  • Hybrid Power Plant: Funding ₹13,000 Lakhs (₹130 crore) towards setting up a 17.4 MW Hybrid Power Plant in Gujarat, with a total estimated cost of ₹13,033.44 Lakhs (₹130.33 crore), the remaining amount will be sourced from internal accruals.
  • MS Structures Rolling Mill: Allocating ₹6,500 Lakhs (₹65 crore) for establishing an MS Structures Rolling Mill in Gujarat. The total estimated cost is ₹11,536.30 Lakhs (₹115.36 crore), with the balance funded internally.
  • Cargo Vessel Purchase: Investing ₹1,900 Lakhs (₹19 crore) in purchasing a Cargo Vessel for a Ship Breaking Plant in Gujarat. The total estimated cost is ₹1,914.07 Lakhs (₹19.14 crore) of which ₹14.07 Lakhs (₹0.14 crore) will be funded internally.
  • General Corporate Purposes: A portion of the proceeds will be used for general corporate purposes, not exceeding 25% of the gross proceeds.

The funds will be deployed primarily in Fiscal Year 2026. The company also expects benefits from the listing, including enhanced visibility and a public market for its shares.

The fund requirements are based on current estimates and are not appraised by any bank or financial institution.

Company Details

Address:
3rd Floor, Plot No. 2137, Bansal House, Near Golden Arc,
Atabhai Chowk, Bhavnagar - 364002, Gujarat, India.

Phone: 0278 2565062

Email: [email protected]

Website: http://www.bandhanglobal.com

IPO Registrar Details

KFin Technologies Limited

Phone: +91 40 6716 2222

Email: [email protected]

Website: http://www.kfintech.com

Offer Prospectus & Documents

Lead Managers

  • Sarthi Capital Advisors Private Limited

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