New Swan Multitech Limited IPO
BSE SMEListed On: Jan 18, 2024 at ₹ 125.4
₹ 132000 /2000 Shares
Check Allotment11 Jan, 2024
Open Date15 Jan, 2024
Close Date16 Jan, 2024
Allotment Date18 Jan, 2024
Listing DateIssue Price
₹62-66 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
125.4Listing Date
2024-01-18Market Lot
2000 Shares (₹132,000/-)Lead Manager
Hem Securities LimitedShare India Capital Services Private Limited
Issue Size
5,016,000 shares(aggregating up to ₹33.11 Cr)Retail Portion
35%Subscription
timesIPO Docs
DRHPNew 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 , Share India Capital Services Private 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 Details
| As on | QIB / NII | Retail | |
|---|---|---|---|
| Shares Offered / Reserved | 952,000 / 970,000 | 1,666,000 | N/A |
| Day 1 - 11-01-24 06:00 PM | 3.42 / 10.86 x | 33.65 x | N/A x |
| Day 2 - 12-01-24 06:00 PM | 5.61 / 50.89 x | 103.05 x | N/A x |
| Day 3 - 15-01-24 06:00 PM | 110.69 / 544.76 x | 388.23 x | N/A x |
New Swan Multitech Limited Valuations
EPS Pre IPO
₹7.09/-EPS Post IPO
₹5.22/-P/E Pre IPO
9.32P/E Post IPO
12.65ROE
33.27%ROCE
24.86%Debt/Equity
1.31RoNW
33.27%Price to Book Value
0.00New Swan Multitech Limited Company Financials All values are in ₹ Lakh
| 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 The 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)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 73.62%
- Upkar Singh
- Barunpreet Singh Ahuja
- Kanwardeep Singh
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.
Other Details
New Swan Multitech Limited
310, Vardhman Crown Mall, Plot No. 2, Sector-19, District Court Complex, Dwarka New Delhi, South West Delhi - 110075Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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. The size of New Swan Multitech Limited IPO is 5,016,000 shares(aggregating up to ₹33.11 Cr).
Ans. The IPO price band is set between ₹62-66 per equity share.
Ans. To apply for New Swan Multitech Limited IPO 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 allotment status for New Swan Multitech Limited IPO here.
