Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The New Swan Multitech IPO is going to open soon. So I will give you complete information about New Swan Multitech IPO here on IPO India.
On this article I will inform you about New Swan Multitech IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About New Swan Multitech Limited
Established in 2014, New Swan Multitech Limited specializes in manufacturing precision-engineered components and parts for two key sectors: the automotive industry and contemporary agriculture.
Within the automotive sector, the company’s product portfolio includes the manufacture of assembly engine hangers, hinge body covers, components for front cover stays, fuel filler caps, main stand complete assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guides. Assemblies, battery tray components and other necessary parts for two-wheeler vehicles.
Additionally, New Swan Multitech Limited is engaged in the design and manufacture of various types of brackets, such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets and brackets for passenger car air cleaner inlet hoses.
In agriculture, the company manufactures a range of equipment including rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levelers, disc plows and numerous other agricultural equipment.
New Swan Multitech IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About New Swan Multitech IPO
Here is some information about New Swan Multitech IPO which will help you in making a decision to invest in New Swan Multitech IPO. It appears to be a book-built offer with a total value of Rs ₹33.11 crore, including entirely a fresh issue of 50.16 lakh shares.
Summary of the key details
- Issue Size: Rs 33.11 crores
- Offer for Sale: 50.16 Lakh shares
- Subscription Period: January 11, 2024 to January 15, 2024
- Allotment Date: January 16, 2024
- Listing Date: January 18, 2024
Price Range of New Swan Multitech IPO
- ₹62 to ₹66 per share
Lot Size of New Swan Multitech IPO
- Minimum Lot: 2000 Shares.
- Minimum Investment for Retail Investors: ₹132,000
Minimum Lot Size Investments for New Swan Multitech IPO
- HNI: 2 lots (4000 shares), amounting to ₹264,000.
This information provides potential investors with the details they need to participate in the New Swan Multitech IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
To Open a trading and demat account in Zerodha
New Swan Multitech IPO
| Open Date | January 11, 2024 |
| Close Date | January 15, 2024 |
| Allotment Date | January 16, 2024 |
| Listing Date | January 18, 2024 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹62-66 Per Equity Share |
| Issue Size | 5,016,000 shares (Aggregating up to ₹33.11 Cr) |
| Market Lot (Min. Amount) | 2000 Shares (₹132,000/-) |
| Listing at Group(s) | BSE SME |
| Lead Manager | Hem Securities Limited Share India Capital Services Private Limited |
| Register | Bigsahre Services Pvt. Ltd. |
| Retail Portion | 35% |
To know more about IPOs.
Valuations of New Swan Multitech IPO
| Earnings Per Share (EPS) | ₹7.09/- |
| P/E Ratio | 9.32 |
| RoNW | 33.27% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
New Swan Multitech Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2023 | 12,876.43 | 15,142.17 | 991.93 | 2,981.75 | 2,631.74 | 3,915.70 |
| 31 Mar 2022 | 12,348.80 | 14,552.40 | 363.14 | 1,989.82 | 1,639.81 | 4,800.59 |
| 31 Mar 2021 | 11,769.68 | 14,960.55 | 342.63 | 1,626.68 | 1,276.67 | 4,580.55 |
Promoter(s)
| Pre Issue Share Holding | -% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Upkar Singh
- Barunpreet Singh Ahuja
- Kanwardeep Singh
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 9.32 |
| ROE | 33.27% |
| ROCE | 24.86% |
| Debt/ Equity | 1.31 |
| EPS (Rs) | 7.09 |
| RoNW | 33.27% |
Issue Objective(s)
- Funding of capital Expenditure toward purchases of certain machineries for existing manufacturing unit located at Raina, Ludhiana
- Repayment of a Portion of certain borrowing availed by the company
- To meet working capital requirement
- General Corporate Purposes
New Swan Multitech IPO Registrar
| Name | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
New Swan Multitech IPO Review
Update Soon
Conclusion
In conclusion, New Swan Multitech Limited, established in 2014, stands as a specialized manufacturer of precision-engineered components catering to both the automotive industry and contemporary agriculture. With a broad product portfolio ranging from critical two-wheeler vehicle parts to diversified brackets and agricultural implements, the company has positioned itself as a key player in these sectors.
The new Swan Multitech IPO is scheduled to open on January 11, 2024 and close on January 15, 2024, offering investors a significant opportunity. The IPO consists of a book-built offer with a total value of ₹ 33.11 crore, including an entire fresh issue of 50.16 lakh shares. The price range is set at ₹62 to ₹66 per share, with a minimum lot size of 2000 shares, requiring a minimum investment of ₹132,000 for retail investors. The subscription period is from January 11 to January 15, with an allotment date of January 16 and listing date of January 18, 2024.
Investors are advised to exercise due diligence and consider the risks associated with IPO investments. The company’s financial ratios, such as EPS of ₹7.09, P/E ratio of 9.32 and RoNW of 33.27%, provide valuable insights. In addition, the funds raised through the IPO will contribute towards capital expenditure, debt repayment, meeting working capital requirements and general corporate purposes. As with any investment decision, it is recommended that individuals conduct thorough research or consult financial professionals before participating in the New Swan MultiTech IPO.
New Swan Multitech IPO FAQs
When New Swan Multitech IPO is coming?
The New Swan Multitech IPO opens on January 11, 2024 and closes on January 15, 2024.
What is the lot size of New Swan Multitech IPO?
New Swan Multitech IPO lot size is 2000 Shares, and the minimum amount required is ₹132,000.
When New Swan Multitech IPO Allotment?
The finalization of Basis of Allotment for New Swan Multitech IPO will be done on Tuesday, January 16, 2024, and the allotted shares will be credited to your demat account by Wednesday, January 17, 2024.