New Swan Multitech IPO Details: New Swan Multitech IPO date is fixed, the IPO is going to hit the market on January 11, 2024 and close January 15, 2024. New Swan Multitech is going to raise around ₹ ₹33.11 crores via IPO. The New Swan Multitech IPO price band is fixed at ₹62 to ₹66 with a market lot of 2000 shares. New Swan Multitech IPO is a BSE SME IPO. The retail quota for this IPO is 35%, QIB is 50%, and HNI is 15%.
New Swan Multitech Limited is a public company that manufactures precision-engineered components and parts for the automotive industry and modern farming. The company was incorporated in 2014 and has two manufacturing facilities in Ludhiana, Punjab and Vithlapur, Gujarat. Some of the products that the company offers are engine hangers, hinge body covers, fuel filler cap components, main stand complete assemblies, rotovators, seeders, super seeders, weeders, potato planters, disc ploughs and many other agricultural implements. The company has a customer base that includes Honda Motorcycle, Scooter India, MG Motors and Mahindra & Mahindra.
Table of Contents
Objects of the Issue:
- 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 Purposes.
IPO Date & Price Band Details
| IPO Open: | January 11, 2024 |
| IPO Close: | January 15, 2024 |
| IPO Size: | Approx ₹33.11 Crores, 5,016,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹62 to ₹66 Per Share |
| IPO Listing On: | BSE SME |
| IPO Retail Quota: | 35% |
| IPO NII Quota: | 15% |
| IPO QIB Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
New Swan Multitech IPO Allotment & Listing Dates
The New Swan Multitech IPO date is 2023 and the close date is October 2023. The New Swan Multitech IPO allotment will be finalized on 2023 and the IPO listing on 2023.
New Swan Multitech IPO Allotment & Listing Dates
| IPO Open Date: | January 11, 2024 |
| IPO Close Date: | January 15, 2024 |
| IPO Allotment Date: | January 16, 2024 |
| Refunds Date: | January 17, 2024 |
| Credit to Demat Account: | January 17, 2024 |
| IPO Listing Date: | January 18, 2024 |
New Swan Multitech IPO Market Lot
The New Swan Multitech IPO minimum market lot is 2000 shares with ₹132,000 application amount. The retail investors can apply up-to 1 lots with 2000 shares or ₹132,000 amount.
| Application | Lot Size | Share | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹132,000 |
| Retail Maximum | 1 | 2000 | ₹132,000 |
| S-HNI Mimimum | 2 | 4000 | ₹264,000 |
New Swan Multitech Company Financial Report
| ₹ in Crores | ||||
| Year | Assets | Revenue | PAT | Borrowings |
| 31 March 2021 | ₹1,388.19 | ₹590.09 | ₹-70.03 | ₹725.12 |
| 31 March 2022 | ₹1,286.24 | ₹750.06 | ₹-48.30 | ₹792.16 |
| 31 March 2023 | ₹1,515.38 | ₹952.60 | ₹15.06 | ₹834.97 |
New Swan Multitech IPO Valuation – FY2023
Check New Swan Multitech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹ 7.09 per Equity Share |
| Price to Earning (P/E) Ratio: | NA |
| Return on Net Worth (RoNW): | 33.27% |
| Net Asset Value (NAV): | ₹ 21.30 per Equity Share |
New Swan Multitech Company Promoters
- Upkar Singh
- Barunpreet Singh Ahuja
- Kanwardeep Singh
New Swan Multitech Peer Group Companies
| Company Name | Face Value | PE Ratio | PB Ratio |
|---|---|---|---|
| Sansera Engineering Limited | 2 | 35.53 | 4.79 |
| Endurance Technologies Limited | 10 | 52.90 | 7.59 |
| Sona BLW Precision Forgings Limited | 10 | 69.42 | 14.55 |
New Swan Multitech IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
New Swan Multitech IPO Allotment Status Check
Check New Swan Multitech IPO allotment status on Linkintime website allotment URL. Click Here
New Swan Multitech Company Address
New Swan Multitech Limited
310, Vardhman Crown Mall, Plot No. 2, Sector-19,
District Court Complex, Dwarka
New Delhi, South West Delhi – 110 075
Phone: +91-161-4346000
Email: cs@swanagro.in
Website: https://www.swanagro.in/
New Swan Multitech IPO Form
How to apply for the New Swan Multitech IPO? You can apply for IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the New Swan Multitech IPO in the Invest section. The other option is you can apply for New Swan Multitech IPO via IPO forms downloaded via NSE and BSE. Check out the IPO forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
New Swan Multitech IPO FAQs
New Swan Multitech IPO is a main-board IPO. They are going to raise ₹ 33.11 Crores via IPO. The issue is priced at ₹62 to ₹66 pr equity share.
The New Swan Multitech IPO is going to open on January 11, 2024 for QIB, NII, and Retail Investors.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for New Swan Multitech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
New Swan Multitech IPO size is ₹33.11 crores.
The Price Band for New Swan Multitech IPO is ₹62 to ₹66.
The minimum bid is 2000 Shares with ₹132,000 amount while the maximum bid is 2000 shares with ₹132,000 for retail investors.
New Swan Multitech IPO allotment date is January 16, 2024.
New Swan Multitech IPO listing date is Januay 18, 2024. The IPO is to list on BSE.