Swastik Pipe Limited IPO
NSE SMEListed On: Oct 12, 2022 at ₹ 66.00
₹ 240000 /2400 Shares
*Min Investment
29 Sep, 2022
Open Date03 Oct, 2022
Close Date07 Oct, 2022
Allotment Date12 Oct, 2022
Listing DateSwastik Pipe Limited IPO Issue Details
- Issue Price ₹97-100 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr)
#Fresh Issue :6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr) - Listing at NSE SME
- List Price 66.00
- Listing Date 2022-10-12
- Lead Manager Corporate CapitalVentures Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
Swastik Pipe Limited IPO Details
- Retail Portion N/A
Swastik Pipe Limited IPO Details
Swastik Pipe Limited IPO is an SME IPO, priced at ₹97-100 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 Sep 29, 2022 to Oct 3, 2022. The allotment is expected to be finalized on Oct 7, 2022, and the tentative listing date is Oct 12, 2022.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Swastik Pipe Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,968,800 | 2,968,800 | 5,937,600 |
Day 1 29-09-22 06:00 PM | 0.56 x | 0.09 x | 0.33 x |
Day 2 30-09-22 06:00 PM | 0.76 x | 0.22 x | 0.49 x |
Day 3 03-10-22 06:00 PM | 1.29 x | 1.33 x | 1.35 x |
Swastik Pipe Limited Valuations
Swastik Pipe Limited Company Financials
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 34127.21 | 33625.88 | 33650.76 | 35607.65 |
| Revenue | 61219.77 | 52383.88 | 65807.21 | 72756.38 |
| Profit After Tax | 2041.11 | 148.64 | -1389.25 | 467.97 |
About Swastik Pipe Limited Company
Incorporated in 1973, Swastik Pipe Limited is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.
The company has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating 2,01,250 MT.
Swastik Pipe has diversified its Manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork.
Swastik Pipe Ltd is one of the oldest manufacturers and suppliers of steel pipes and tubes to various heavy engineering industries in India and abroad. The company's customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD., among others.
Swastik Pipe Limited - Promoter(s)
Mr. Sandeep Bansal
Smt. Geeta Devi Aggarwal
Mrs. Anupama Bansal
Mr. Shashwat Bansal
Pre Issue Share Holding : 88.27%
Post Issue Share Holding : 64.51%
Swastik Pipe Limited IPO - Issue Objectives
To meet out the Working Capital requirements of the Company.
To meet out the General Corporate Purposes.
To meet out the Issue Expenses.
Swastik Pipe Limited IPO - FAQs
Ans. Swastik Pipe Limited IPO is a SME IPO. The issue is priced at ₹97-100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 29, 2022, and closes on Oct 3, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Swastik Pipe Limited IPO opens on Sep 29, 2022 and closes on Oct 3, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Swastik Pipe Limited IPO is 6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr) #Fresh Issue :6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr).
Ans. The Swastik Pipe Limited IPO price band is set between ₹97-100 per equity share.
Ans. To apply for Swastik Pipe Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Swastik Pipe 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 Swastik Pipe Limited IPO is Oct 7, 2022.
Ans. The Swastik Pipe Limited IPO will be listed on Oct 12, 2022.
Ans. Follow the steps to check the Swastik Pipe Limited IPO allotment status online.
