New Swan Multitech IPO
The initial public offering (IPO) of New Swan Multitech will open for subscription on January 11 and close on January 15, it is a fresh issue of Rs. 33.01 crore. An investor can apply for the issue for a minimum of 2000 shares and the listing will happen on January 18, 2024.
#1. Quick Intro of New Swan Multitech
New Swan Multitech Limited (2014) is an engineering-led manufacturer of complex and critical precious engineering components and parts used in the automotive sector and agriculture implements designed to meet the diverse needs of modern farming.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of New Swan Multitech
The company intends to use the IPO Funds for the following purposes:
- Funding of capital expenditure towards the purchase of certain machinery for existing manufacturing unit
- Replacement of Portion of certain borrowing availed by our company
- Meet the company’s working capital requirement
- General corporate-related
#3. New Swan Multitech Core Strengths
- In-house manufacturing capabilities
- Wide range of products
- Large base of dealers and customers along with a strong relationship
- A synergy of young and experienced management team
#4. New Swan Multitech IPO Review & Rating
| Issue Size | Rs 33.11 Crore |
|---|---|
| Issue Price | Rs.62 to Rs.66 per share |
| Minimum Lot Size | 2000 Shares |
| Total Profit (March 2023) | Rs.991.93 Lakhs |
| ROE | 33.27% |
| ROCE | 24.86% |
| Listing on | BSE SME |
| IPO Deliver Rating | One |
#5. New Swan Multitech IPO Dates, Price Band & Details
New Swan Multitech IPO will open on January 11, 2024, and close on January 15, 2023. The IPO is to be listed on January 18, 2024.
| Type of issue | Book Built Issue IPO |
|---|---|
| Issue Size | Rs.33.11 Crore |
| Issue Price | Rs.62 to Rs.66 Per Share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | January 11, 2024 |
| IPO Close Date | January 15, 2024 |
| IPO Allotment Date | January 16, 2024 |
| Refund Date | January 17, 2024 |
| Share Credit Date | January 17, 2024 |
| Listing Date | January 18, 2024 |
#6. New Swan Multitech IPO Offer Details
New Swan Multitech IPO’s total issue size is 5,016,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
|---|---|---|
| Fresh Issue | 5,016,000 | 33.11 |
| Offer for Sale (OFS) | – | – |
#7. New Swan Multitech Financials Overview (in Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
|---|---|---|---|
| Total Revenue | 15142.17 | 14552.40 | 14960.55 |
| Net Worth | 2981.75 | 1989.82 | 1626.68 |
| Profit | 991.93 | 363.14 | 342.63 |
| Total Borrowings | 3915.70 | 4800.59 | 4580.55 |
#8. New Swan Multitech Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
|---|---|---|---|
| EPS (Rs.) | 7.09 | 2.59 | 2.45 |
| RoNW (%) | 33.27 | 18.25 | 21.06 |
| NAV (Rs.) | 21.30 | 14.21 | 11.62 |
#9. New Swan Multitech Comparison with Other Peer Companies
Listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Lakhs)) |
RoNW (%) | EPS (Rs.) |
|---|---|---|---|
| Sansera Engineering | 2,35,611.30 | 12.55 | 27.17 |
| Endurance Technologies | 8,84,947.30 | 10.87 | 34.09 |
#10. New Swan Multitech Company Promoters
The company has three promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
|---|---|
| 01. | Upkar Singh |
| 02. | Kanwardeep Singh |
| 03. | Barunpreet Singh Ahuja |
#11. New Swan Multitech Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
|---|---|
| Pre-issue | 100 |
| Post-issue | – |
#12. New Swan Multitech IPO Reservation Details
New Swan Multitech IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
|---|---|
| Retail Individual Investor (RII) | Not less than 35% of the issue size |
| QIB Shares Offered | Not more than 50% of issue size |
| NII (HNI) Shares Offered | Not less than 15% of issue size |
#13. New Swan Multitech IPO – Lot Size
An investor can apply for a minimum of 2000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
|---|---|---|---|
| Retail (Min.) | 1 | 2000 | 1,32,000 |
| Retail (Max.) | 1 | 2000 | 1,32,000 |
| HNI (Min.) | 2 | 4000 | 2,64,000 |
| HNI (Max.) | – | – | – |
#14. New Swan Multitech IPO – Prospectus Copy
An investor can download/view the New Swan Multitech prospectus copy, which the company filed to SEBI, details are as follows.
| New Swan Multitech IPO Prospectus |
|---|
| Draft Red Herring Prospectus (DHRP) |
| Red Herring Prospectus (RHP) |
#15. New Swan Multitech IPO Registrar
Bigshare Services Private Limited
Phone No.: +91-22-62638200
E-Mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
#16. New Swan Multitech IPO Lead Manager
#1.HEM Securities Limited
#2. Share India Capital Services Private Limited
#17. New Swan Multitech IPO Application (How to Apply for an IPO)
There are three primary options for applying for a New Swan Multitech IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “New Swan Multitech Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “New Swan Multitech Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. New Swan Multitech Company Details
New Swan Multitech Limited
Registered Office: 310, Vardhman Crown Mall, Plot No. 2, Sector-19, District Court Complex, Dwarka, New Delhi-110075
Phone No: +91-161-4346000
Email: cs@swanagro.in
Website: www.swanagro.in
Investor Grievances/Compliance Officer: Tanveer Kaur
#19. New Swan Multitech Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
|---|---|
| 01. | – |
| 02. | – |
#20. New Swan Multitech Company Board (Top 2)
| Sr. No. | Name of Directors |
|---|---|
| 01. | Upkar Singh |
| 02. | Barunpreet Singh Ahuja |
New Swan Multitech IPO – Frequently Asked Questions (FAQs)
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#1. What is New Swan Multitech IPO? New Swan Multitech brings its IPO of Rs.33.11 Crore, on January 11, 2024, with a price band of Rs.62 to Rs.66 per share. |
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#2. What is the New Swan Multitech IPO Open date? New Swan Multitech IPO’s opening date is January 11, 2024. |
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#3. What is the New Swan Multitech IPO Close Date? New Swan Multitech IPO’s closing date is January 15, 2024. |
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| #4. What is the New Swan Multitech IPO Listing date?
New Swan Multitech’s IPO listing date is January 18, 2024. |
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#5. What is the New Swan Multitech IPO Minimum investment amount? New Swan Multitech IPO’s minimum investment amount is Rs.1,32,000. |
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#6. What is the New Swan Multitech IPO offer issue Size? New Swan Multitech offers an issue size of Rs.31.11 Crore. |
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#7. What is the New Swan Multitech IPO Price Band? New Swan Multitech’s IPO price band is Rs.62 to Rs.66 per share. |
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#8. Is New Swan Multitech IPO mainboard IPO or SME IPO? New Swan Multitech IPO is an SME IPO. |
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