Swaraj Suiting IPO Details

Swaraj Suiting IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Subscription Status

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

DateDetails
June 9, 2003The company was originally incorporated as “Swaraj Suiting Private Limited” in Rajasthan, Jaipur.
September 22, 2020The 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

DescriptionSWARAJ IPO Details
Public IssueInitial Public Issue of upto 19,08,000 Equity Shares  of ₹ 10 (aggregating up to ₹ 1068.48 lakhs)
Issue Open  Date15-Mar-22
Issue Close Date17-Mar-22
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolSWARAJ
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Swaraj IPO DRHP & RHP

Swaraj IPO DRHP
Swaraj IPO RHP

Swaraj IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,12,000
Maximum12000₹ 1,12,000

Swaraj IPO Lead Managers

  • Finshore Management Services Limited

Swaraj IPO Registrar

Swaraj IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on15-Mar-22
Bid / Offer Closes on17-Mar-22
Finalisation of Basis of Allotment23-Mar-22
Initiation of refunds 24-Mar-22
Credit of the Equity Shares25-Mar-22
Listing Date28-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?

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How to apply in Swaraj Suiting IPO through Zerodha?

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