Swaraj Suiting Limited IPO
NSE SMEListed On: Mar 28, 2022 at ₹ 56.0
₹ 224000 /4000 Shares
*Min Investment
15 Mar, 2022
Open Date17 Mar, 2022
Close Date23 Mar, 2022
Allotment Date28 Mar, 2022
Listing DateIPO Issue Details
- Issue Price ₹56 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,908,000 Eq Shares of ₹10(aggregating up to ₹10.68 Cr)
- Listing at NSE SME
- List Price 56.0
- Listing Date 2022-03-28
- Lead Manager Finshore Management Services Limited
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Swaraj Suiting Limited IPO is an SME IPO, priced at ₹56 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Mar 15, 2022 to Mar 17, 2022. The allotment is expected to be finalized on Mar 23, 2022, and the tentative listing date is Mar 28, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 904,000 | 908,000 | 1,812,000 |
Day 1 15-03-22 06:00 PM | 1.86 x | 0.93 x | 1.39 x |
Day 2 16-03-22 06:00 PM | 2.36 x | 3.59 x | 2.97 x |
Day 3 17-03-22 06:00 PM | 13.81 x | 10.46 x | 12.13 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 91.62 | 91.71 | 97.04 | 93.73 |
| Revenue | 81.71 | 60.21 | 80.65 | 76.41 |
| Profit After Tax | 1.91 | 2.67 | 3.54 | 2.18 |
About Company
Incorporated in 2003, Swaraj Suiting Limited manufactures, produces, and supplies textile products. The firm mainly operates in three key business verticals; Manufacturing of Grey Fabric, Weaving on Job Work basis, and Trading of Finished Fabric, Grey Fabric, and Yarn.Initially, the company was engaged in the manufacturing of cotton/synthetic fabrics but later shifted to trading in the synthetic fabric in 2009 by selling off its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited. The business re-entered into manufacturing Cotton and Synthetic fabric in 2011 and started commercial operations in January 2013.Its manufacturing facility is situated at Bhilwara, Rajasthan, having a total production capacity of approx. 1.50 million meters of fabric per month. It is also in the process of setting up a denim processing plant at Neemuch, Madhya Pradesh (MP).
Read More- Promoter(s)
Mr. Mohammed Sabir Khan
Mrs. Samar Khan
Mr. Nasir Khan
Pre Issue Share Holding : 99.74%
Post Issue Share Holding : 73.31%
IPO - Issue Objectives
To meet the working capital requirements for the new expansion of production capacity at Neemuch, Madhya Pradesh
Meet issue related expense.
General Corporate Purpose.
IPO - FAQs
Ans. Swaraj Suiting Limited IPO is a SME IPO. The issue is priced at ₹56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 15, 2022, and closes on Mar 17, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Swaraj Suiting Limited IPO opens on Mar 15, 2022 and closes on Mar 17, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Swaraj Suiting Limited IPO is 1,908,000 Eq Shares of ₹10(aggregating up to ₹10.68 Cr).
Ans. The Swaraj Suiting Limited IPO price band is set between ₹56 per equity share.
Ans. To apply for Swaraj Suiting Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Swaraj Suiting 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 Swaraj Suiting Limited IPO is Mar 23, 2022.
Ans. The Swaraj Suiting Limited IPO will be listed on Mar 28, 2022.
Ans. Follow the steps to check the Swaraj Suiting Limited IPO allotment status online.
