New Swan Multitech Limited IPO
₹62 - ₹66
2000
384.26
| Open Date: | 11-Jan-2024 |
| Close Date: | 15-Jan-2024 |
| Allotment Date: | 16-Jan-2024 |
| Listing Date: | 18-Jan-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹62-66 Per Equity Share |
| Issue Size: | Total Issue Size 5,016,000 shares (aggregating up to ₹33.11 Cr) : Fresh Issue 5,016,000 shares (aggregating up to ₹33.11 Cr) |
| Market Lot (Min Amount): | Retail - ₹132,000 : HNI - ₹264,000 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 952,000 | 714,000 | 1,666,000 | 1,410,000 |
| Day 1 - 11-01-24 05:00 PM | 3.45x | 16.36x | 35.33x | 52.36x |
| Day 2 - 12-01-24 05:00 PM | 6.50x | 53.40x | 92.13x | 59.36x |
| Day 3 - 15-01-24 05:00 PM | 110.69x | 739.72x | 388.23x | 384.26x |
| Total No. of Application: | 356,724 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 428.24x | |||
| Earning Per Share(EPS) | ₹7.09/- |
| P/E Ratio | 9.32 |
| RoNW | 33.27% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2023 | 12,876.43 | 15,142.17 | 991.93 |
| 31 Mar,2022 | 12,348.80 | 14,552.40 | 363.14 |
| 31 Mar,2021 | 11,769.68 | 14,960.55 | 342.63 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | N/A% |
| 1. Upkar Singh |
| 2. Barunpreet Singh Ahuja |
| 3. Kanwardeep Singh |
The Net Proceeds are proposed to be used in accordance with the details as set forth below:
- 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.
Incorporated in 2014, New Swan Multitech Limited specialises in the manufacture of precision-engineered components and parts for two sectors: the automotive industry and modern farming.
The company's product portfolio for the automotive industry includes assembly engine hangers, hinge body covers, front cover stay components, fuel filler cap components, main stand complete assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, battery tray components, and many other parts that are important for two-wheeler vehicles.
They also design and manufacture various types of brackets, such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets.
For farming, the company manufactures rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levellers, disc ploughs and many other agricultural implements.
The agricultural components manufacturing facility is located in Raian, Ludhiana, Punjab, while the auto parts manufacturing facility is located in Vithlapur village, Ahmedabad, Gujarat.
As of September 30, 2023, the company's product portfolio comprises 300 SKUs of agricultural equipment and auto parts.
In the automotive industry, the company's customer base includes Honda Motorcycle, Scooter India, MG Motors and Mahindra & Mahindra. On the other hand, the company distributes its agricultural implements to 200 dealers in 11 Indian states, namely Punjab, Rajasthan, Jammu & Kashmir, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand and Maharashtra.
In FY 2023, the operating income of the company amounted to Rs. 15,116.04 lakhs.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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