New Swan Multitech IPO subscription is to open on Jan 11, 2024 and will close on Jan 15, 2024, the price band of the New Swan Multitech IPO is fixed at ₹ 62 – ₹ 66.
New Swan Multitech is an engineering-led manufacturer of complex and critical precision engineered components and parts used in automotive sector and agricultural farm machineries
Table of Contents
About New Swan Multitech
New Swan Multitech is an engineering-led manufacturer of
(i) complex and critical precision engineered components and parts used in automotive sector (“auto components”) and
(ii) agricultural farm machineries designed to meet the diverse needs of modern farming (“agricultural implements”).
Within the automotive sector, New Swan Multitech manufacture, procure and supply a range of precision machined tubular assemblies, welded assemblies, precision brackets and sheet metal parts. New Swan Multitech wide range of offerings in this segment includes link assembly engine hangers, hinge body covers, front cover stay components, seat catch components, fuel filler cap components, main stand complete assemblies, front fender stay assemblies, engine guard plates, rear brake arm assemblies, separator breather, cable guide assemblies, battery tray components and many other parts, that are critical for the two-wheeler vehicles and various type of brackets such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, air cleaner inlet hose brackets for the passenger car vehicles.
New Swan Multitech Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 12,876.43 | 12,348.80 | 11,769.68 |
| Total income | 15,142.17 | 14,552.40 | 14,960.55 |
| Total Expenses | 13,768.01 | 14,044.91 | 14,472.78 |
| Profit After Tax | 991.93 | 363.14 | 342.63 |
New Swan Multitech IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 50,16,000 Equity Shares of ₹ 10 (aggregating up to ₹ [.] Cr) |
| Issue Open Date | 11-Jan-24 |
| Issue Close Date | 15-Jan-24 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 62 – ₹ 66 |
| 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 | BSE SME |
| NSE Symbol | SWANAGRO |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
New Swan IPO DRHP & RHP
New Swan IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | 132,000 |
| Maximum | 1 | 2000 | 132,000 |
New Swan IPO Lead Managers
- HEM Securities Limited
- Share India Capital Services Private Limited
New Swan IPO Registrar
New Swan IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 11-Jan-24 |
| Bid / Offer Closes on | 15-Jan-24 |
| Finalisation of Basis of Allotment | 16-Jan-24 |
| Initiation of refunds | 17-Jan-24 |
| Credit of the Equity Shares | 17-Jan-24 |
| Listing Date | 18-Jan-24 |
Company Registered Office
310, Vardhman Crown Mall,
Plot No. 2, Sector-19,
District Court Complex,
Dwarka, New Delhi,
South West Delhi – 110 075, India.
Website: www.swanagro.in
Company Promoters
- Upkar Singh
- Barunpreet Singh Ahuja
- Kanwardeep Singh
New Swan IPO – FAQS
What is the New Swan IPO Price?
The New Swan IPO price band is ₹ 62 – ₹ 66 per share
When New Swan Multitech IPO will open?
The New Swan Multitech IPO opens on Jan 11, 2024 and closes on Jan 15, 2024
What is the lot size of New Swan Multitech IPO?
The New Swan Multitech IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for New Swan Multitech IPO?
The Registrar for New Swan Multitech IPO is Bigshare Services Private Limited
How to apply in New Swan Multitech IPO through UPI?
Check the step by step process here – Click here
How to apply in New Swan Multitech IPO through Zerodha?
Check the step by step process here – Click here
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