Sai Infinium Ltd
Pre Issue Shares
5,85,34,000
No. of Shares Issued
1,96,00,000
Pre Issue Equity Amt.
₹58.53 Cr
DP Filling Date
2 April 2025
Sai Infinium Ltd IPO Timeline
Sai Infinium Limited was initially incorporated in the name of 'Sai Inductomelt Private Limited' as a private limited company , dated August 16, 2004 issued by the Registrar of Companies, Dadra & Nagar Haveli. The name of the Company was changed to 'Sai Bandhan Infinium Private Limited' and a fresh certificate of incorporation dated May 23, 2019 was issued by Registrar of Companies, Ahmedabad. Subsequently, it changed the status to a public limited company as Sai Bandhan Infinium Limited', dated October 15, 2024 and further, the name of the Company was changed to 'Sai Infinium Limited' and a fresh certificate of incorporation dated November 22, 2024 was issued by the Central Processing Center.
Sai Infinium Ltd IPO Details
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| Company Promoters | Ishu Bansal, Shivnarayan Bansal, Devansh Infinium Pvt Ltd |
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure requirements towards setting up of the 17.4 MW Hybrid Power Plant Gangiyavadar, Wankaner, Gujarat
- Funding of capital expenditure requirements towards setting up of the Mild Steel ("MS") Structures Rolling Mill - Bhavnagar, Gujarat
- Purchase of Cargo Vessel ("Ship Corsica") for Ship Breaking Plant - Alang. Bhavnagar
- General corporate purposes
Sai Infinium Ltd IPO Prospectus
Sai Infinium Ltd IPO Listing Date
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| Face Value | ₹10 |
Company Contact Information
3rd Flr Bansal House Atabhai-Chowk,Bhavnagar-364002
Phone: 27825 65062
Email: cs@infiniumgroup.in
Website: www.bandhanglobal.com
Sai Infinium Ltd IPO Registrar
Sai Infinium Ltd IPO Lead Manager(s)
- Sarthi Capital Advisors Pvt Ltd