New Swan Multitech Limited IPO

New Swan Multitech Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹62–₹66 per share. The stock debuted at ₹125.4, delivering a listing gain of 90.0%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,32,000.

New Swan Multitech Limited IPO

BSE SME Listed
₹1,32,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 11, 2024 – Jan 15, 2024
Price band
₹62-66 per equity share
Minimum Investment
₹1,32,000
Issue size
₹33.11 Cr
Lot size
2000
Allotment Date
Jan 16, 2024
Listing
Jan 18, 2024
Listing At
BSE SME

IPO timeline

  1. Jan 11, 2024

    Open Date

    Completed

  2. Jan 15, 2024

    Close Date

    Completed

  3. Jan 16, 2024

    Allotment Date

    Completed

  4. Jan 18, 2024

    Listing Date

    Completed

New Swan Multitech Limited IPO Essentials

New Swan Multitech Limited IPO Details

New Swan Multitech Limited IPO is priced at ₹62-66 per share with a total issue size of 33.11 crore. The IPO has a lot size of 2000 shares and is listed on BSE SME.

Issue price
₹62-66 per equity share
Lot size
2000 shares
Face value
₹10 Per Equity Share
Issue size
5,016,000 shares(aggregating up to ₹33.11 Cr)
Total issue size
50,16,000 shares
(aggregating up to ₹33.11 crore)
Fresh issue
50,16,000 shares
(aggregating up to ₹33.11 crore)
Listing at
BSE SME
List price
125.4
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Hem Securities Limited, Share India Capital Services Private Limited

Market Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 2000 ₹1,32,000
Retail(max) 1 2000 ₹1,32,000
NII (min) 2 4,000 ₹2,64,000

New Swan Multitech Limited IPO Documents

New Swan Multitech Limited IPO Reservation

New Swan Multitech Limited IPO reservation details show category-wise allocation of shares. Out of the total 5,016,000 shares, approximately 18.98% are reserved for QIB, 14.23% for NII, 33.21% for retail investors, 5.1% for market maker, and 28.47% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1,428,000 (28.47%)
Market Maker Shares Offered 256,000 (5.1%)
QIB Shares Offered 952,000 (18.98%)
NII (HNI) Shares Offered 714,000 (14.23%)
Retail Shares Offered 1,666,000 (33.21%)
Total Shares Offered 5,016,000 (100%)

New Swan Multitech Limited IPO Analytics

New Swan Multitech Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

New Swan Multitech Limited IPO Subscription Status

New Swan Multitech Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 952,000 / 970,000 1,666,000 3,588,000
Day 1 11-01-24 06:00 PM
(3.42 / 10.86) x 33.65 x 19.47 x
Day 2 12-01-24 06:00 PM
(5.61 / 50.89) x 103.05 x 64.01 x
Day 3 15-01-24 06:00 PM
(110.69 / 544.76) x 388.23 x 356.91 x

New Swan Multitech Limited Valuations

Earnings

EPS Pre IPO
₹7.09/-
EPS Post IPO
₹5.22/-
P/E Pre IPO
9.32
P/E Post IPO
12.65

Returns

ROE
33.27%
ROCE
24.86%
RoNW
33.27%

Fundamentals

Debt / Equity
1.31
Price / Book
0.00

Data sourced from DRHP / RHP • For educational purposes only

New Swan Multitech Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 12,876.43 12,348.80 11,769.68
Revenue 15,142.17 14,552.40 14,960.55
Profit After Tax 991.93 363.14 342.63
Net Worth 2,981.75 1,989.82 1,626.68
Reserves & Surplus 2,631.74 1,639.81 1,276.67
Total Borrowing 3,915.70 4,800.59 4,580.55

New Swan Multitech Limited Company & Offer Insights

About New Swan Multitech Limited

New Swan Multitech Limited was incorporated in 2014. It specializes in the manufacture of precision-engineered components and parts for two sectors: the automotive industry and modern farming.

The company portfolio of the products for the automobile category contains assembly engine hangers, hinge body covers, front cover stay components, fuel filler cap components, complete assemblies of main stand, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, components of a battery tray, and lots more that are crucial to a two-wheeler vehicle.They also produce various types of brackets, which include cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets.

For agriculture, the company produces rotavators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levelers, disc ploughs, and many more agricultural tools.The agricultural components manufacturing unit is situated at Raian, Ludhiana, Punjab, whereas the auto parts manufacturing unit is at Vithlapur village, Ahmedabad, Gujarat.Till September 30, 2023, the product portfolio of the company includes 300 SKUs of agricultural equipment and auto parts.

Customers for its automotive segment consist of Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra. It distributes its agricultural implements to 200 dealers across 11 Indian states, including Punjab, Rajasthan, Jammu & Kashmir, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand and Maharashtra.

New Swan Multitech Limited Promoter(s)

Upkar Singh, Barunpreet Singh Ahuja, Kanwardeep Singh are the company's promoters of New Swan Multitech Limited.

New Swan Multitech Limited IPO Issue Objectives

Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana
Repayment of a portion of certain borrowing availed by the company
To meet working capital requirements
General Corporate Purpose.

New Swan Multitech Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
New Swan Multitech Limited 7.09 7.09 N/A N/A 33.27 N/A Standalone
Sansera Engineering Limited 27.17 27.17 N/A 36.64 12.55 N/A Standalone
Endurance Technologies Limited 34.09 34.09 N/A 52.95 10.87 N/A Standalone
JBM Auto Limited 10.58 10.58 N/A 136.03 12.4 N/A Standalone

Notes:

  1. The EPS, NAV, RoNW, and total income of our Company are taken as per the Restated Financial Statement for the F.Y. 2022-23.
  2. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2023.
  3. RoNW has been computed as net profit after tax divided by closing net worth.
  4. Net worth has been computed in the manner as specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.

Contact Information

Contact Details

New Swan Multitech Limited

+91-161-4346000

cs@swanagro.in

https://www.swanagro.in/

310, Vardhman Crown Mall, Plot No. 2, Sector-19, District Court Complex, Dwarka New Delhi, South West Delhi - 110075

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

New Swan Multitech Limited IPO is a book-built IPO worth ₹33.11 crore. The price band is ₹62–₹66 per share. The IPO opens on Jan 11, 2024 and closes on Jan 15, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The price band of New Swan Multitech Limited IPO is ₹62 to ₹66 per share.

The lot size of New Swan Multitech Limited IPO is 2000 shares.

The minimum investment for New Swan Multitech Limited IPO is approximately ₹1,32,000 based on the upper price band .

New Swan Multitech Limited IPO opens on Jan 11, 2024 and closes on Jan 15, 2024.

The allotment date of New Swan Multitech Limited IPO is Jan 16, 2024.

New Swan Multitech Limited IPO is expected to be listed on Jan 18, 2024, on BSE SME Platform.

New Swan Multitech Limited IPO valuation snapshot: P/E 12.65, EPS ₹5.22/-, P/B 0.00, RoNW 33.27%, and market cap N/A.

To apply for New Swan Multitech Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of New Swan Multitech Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for New Swan Multitech Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check New Swan Multitech Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the New Swan Multitech Limited IPO allotment status on IPO Ji for quick and easy access.