New Swan Multitech Limited IPO
BSE SMEListed On: Jan 18, 2024 at ₹ 125.4
₹ 264000 /4000 Shares
*Min Investment
11 Jan, 2024
Open Date15 Jan, 2024
Close Date16 Jan, 2024
Allotment Date18 Jan, 2024
Listing DateNew Swan Multitech Limited IPO Issue Details
- Issue Price ₹62-66 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 50,16,000 shares(aggregating up to ₹33.11 crore)
- Fresh Share 50,16,000 shares(aggregating up to ₹33.11 crore)
- Listing at BSE SME
- List Price 125.4
- Listing Date 2024-01-18
- Lead Manager Hem Securities Limited
Share India Capital Services Private Limited - Registrar Bigshare Services Pvt Ltd
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 Reservation
New Swan Multitech Limited IPO offers total 5,016,000 shares. Out of which 952,000 (18.98%) allocated to QIB, 714,000 (14.23%) allocated to NII,1,666,000 (33.21%) allocated to RII, NA (NA%) allocated to employees and 1,428,000 (28.47%) allocated to 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 Documents
New Swan Multitech Limited IPO Details
New Swan Multitech Limited IPO is an SME IPO, priced at ₹62-66 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 50,16,000 equity shares, aggregating up to ₹33.11 crores..
The IPO bidding window is open from Jan 11, 2024 to Jan 15, 2024. The allotment is expected to be finalized on Jan 16, 2024, and the tentative listing date is Jan 18, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
New Swan Multitech Limited IPO Subscription Analysis And Details
| 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
New Swan Multitech Limited Company Financials
| 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 |
About New Swan Multitech Limited Company
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
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.62%
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:
- The EPS, NAV, RoNW, and total income of our Company are taken as per the Restated Financial Statement for the F.Y. 2022-23.
- 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.
- RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in the manner as specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Contact Details
New Swan Multitech Limited
310, Vardhman Crown Mall, Plot No. 2, Sector-19, District Court Complex, Dwarka New Delhi, South West Delhi - 110075
+91-161-4346000
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
New Swan Multitech Limited IPO - FAQs
Ans. New Swan Multitech Limited IPO is a SME IPO. The issue is priced at ₹62-66 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 11, 2024, and closes on Jan 15, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The New Swan Multitech Limited IPO opens on Jan 11, 2024 and closes on Jan 15, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of New Swan Multitech Limited IPO is 5,016,000 shares(aggregating up to ₹33.11 Cr).
Ans. The New Swan Multitech Limited IPO price band is set between ₹62-66 per equity share.
Ans. To apply for New Swan Multitech Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find New Swan Multitech Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of New Swan Multitech Limited IPO is Jan 16, 2024.
Ans. The New Swan Multitech Limited IPO will be listed on Jan 18, 2024.
Ans. Follow the steps to check the New Swan Multitech Limited IPO allotment status online.
