Swaraj Suiting IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Swaraj Suiting
- Important Details – Swaraj Suiting
- Objects of the Issue
- Swaraj Suiting Limited Financials:
- Swaraj Suiting IPO Price – Details
- Swaraj IPO DRHP & RHP
- Swaraj IPO Lot Size
- Swaraj IPO Lead Managers
- Swaraj IPO Registrar
- Swaraj IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered & Corporate office
- Company Promoters
- Swaraj Suiting IPO – FAQS
About Swaraj Suiting
The company was set up in the year 2003 and was initially engaged in the manufacture of cotton/synthetic fabrics but later shifted to trading in synthetic fabrics in 2009 by selling off its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited. Our Company re-entered into manufacturing of Cotton and Synthetic fabrics in 2011 and commenced commercial operations in January 2013.
The company is presently, primarily engaged in the Manufacturing of Grey Fabric involving Cotton and Synthetic, Trading of Yarn, Grey fabric and Finished fabric and Weaving on Job work basis
Important Details – Swaraj Suiting
| Date | Details |
|---|---|
| June 9, 2003 | The company was originally incorporated as “Swaraj Suiting Private Limited” in Rajasthan, Jaipur. |
| September 22, 2020 | The company was converted into Public Limited Company, consequent upon conversion from Private Limited to Public Company the company name changed to “Swaraj Suiting Limited”. |
Objects of the Issue
- To meet the working capital requirements for the new expansion of production capacity at Neemuch, Madhya Pradesh.
- To meet the Issue Expenses
- General Corporate Purposes
Swaraj Suiting Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 917.17 | 970.45 | 937.34 |
| Total income | 602.16 | 806.53 | 764.17 |
| Total Expenses | 500.30 | 640.76 | 618.94 |
| Profit After Tax | 26.75 | 35.43 | 21.86 |
Swaraj Suiting IPO Price – Details
| Description | SWARAJ IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 19,08,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1068.48 lakhs) |
| Issue Open Date | 15-Mar-22 |
| Issue Close Date | 17-Mar-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 56 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | SWARAJ |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Swaraj IPO DRHP & RHP
Swaraj IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,12,000 |
| Maximum | 1 | 2000 | ₹ 1,12,000 |
Swaraj IPO Lead Managers
- Finshore Management Services Limited
Swaraj IPO Registrar
Swaraj IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 15-Mar-22 |
| Bid / Offer Closes on | 17-Mar-22 |
| Finalisation of Basis of Allotment | 23-Mar-22 |
| Initiation of refunds | 24-Mar-22 |
| Credit of the Equity Shares | 25-Mar-22 |
| Listing Date | 28-Mar-22 |
Company Peers – Comparison of Accounting Ratios
The company does not have any listed peers which are comparable in terms of business.
Company Registered & Corporate office
F-483 To F-487,
RIICO Growth Centre
Hamirgarh-311025,
Bhilwara, Rajasthan, India
Website: www.swarajsuiting.com
Company Promoters
- Mr. Mohammed Sabir Khan
- Mrs. Samar Khan
- Mr. Nasir Khan
Swaraj Suiting IPO – FAQS
What is the Swaraj IPO Price?
The Swaraj IPO price band is 56 per share
When Swaraj IPO will open?
The Swaraj IPO opens on Mar 15, 2022 and closes on Mar 17, 2022
What is the lot size of Swaraj Suiting IPO?
The Swaraj Suiting IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for Swaraj Suiting IPO?
The Registrar for Swaraj Suiting IPO is Bigshare Services Private Limited
How to apply in Swaraj Suiting IPO through UPI?
Check the step by step process here – Click here
How to apply in Swaraj Suiting IPO through Zerodha?
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