IPO

New Swan Multitech Ltd. IPO

New Swan Multitech Ltd., established in 2014, operates in the Auto Ancl - Others sector. The company's IPO opened on January 11, 2024 and closed on January 15, 2024, with an issue price of ₹66. The ... Read more

Min Investment
₹ 1,32,000 / 2000 shares
Price Range
₹62 - ₹ 66
Bidding Dates
11 Jan '24 - 15 Jan '24
Total Issue Value
33.11 Cr
Lot Size
2,000
Total Issue Size
33.11 Cr
Listing At
BSE SME
Subscription
396.55 times
BSE Price
65.48 (-0.79%)

IPO Timeline

  • 11 Jan 2024
    Bidding Starts
  • 15 Jan 2024
    Bidding Ends
  • 16 Jan 2024
    Allotment Finalization
  • 18 Jan 2024
    Listing

About New Swan Multitech Ltd.

Incorporated in 2014, we are an engineering-led manufacturer of (i) complex and critical precision engineered components and parts used in automotive sector (“auto components”) and (ii) agricultural implements designed to meet the diverse needs of modern farming. Within the automotive ... Read more

Parent organisation
Founded
New Swan Multitech Ltd.
2014

New Swan Multitech Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 14,28,000 (28.47%)
Market Makers 2,56,000 (5.1%)
Non Institutional Investors 7,14,000 (14.23%)
Qualified Institutional Buyers (QIBs) 9,52,000 (18.98%)
Retail Individual Investors (RIIs) 16,66,000 (33.21%)

New Swan Multitech Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 152.55 Cr 9.39 Cr 49.24 Cr
31 Mar 2023 151.42 Cr 10.06 Cr 28.09 Cr
31 Mar 2022 145.52 Cr 3.88 Cr 18.03 Cr

New Swan Multitech Ltd. Background

Our Company was incorporated as “New Swan Multitech Limited” under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated March 03, 2014 bearing registration No. 265736 issued by Registrar of Companies, Delhi and CIN No. U34100DL2014PLC265736.

Major Events And Milestones
  • 2014
    Incorporation of the Company
    Setup of Agricultural implements manufacturing unit based at Village Raian, Ludhiana, Punjab
  • 2015
    Setup of Auto-components manufacturing unit based at Village Vithlapur, Ahmedabad, Gujarat
  • 2017
    Revenue crossed Rs. 100 crores
  • 2022
    Revenue crossed Rs. 150 crores
New Swan Multitech Ltd. Object of Issues

1. Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana
2. Repayment of a portion of certain borrowing availed by our Company
3. To meet working capital requirements
4. General Corporate Purpose

New Swan Multitech Ltd. IPO Listing Details
Listing Date
18 Jan 2024
BSE Script Code
NEWSWAN
ISIN
INE0GEN01012
Final Issue Price
₹ 66
New Swan Multitech Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 66.00 -
Open ₹ 125.40 -
Low ₹ 125.40 -
High ₹ 131.67 -
Last Trade ₹ 131.67 -
New Swan Multitech Ltd. Company Promoters

1. Upkar Singh
2. Barunpreet Singh Ahuja
3. Kanwardeep Singh

Industry Overview

Auto components Sector
India’s auto component industry is an important sector driving macroeconomic growth and employment. The auto components industry accounted for 2.3% of India’s GDP and provided direct employment to 1.5 million people. By 2026, the automobile component sector ... Read more

New Swan Multitech Ltd. Contact Details
Address: Shop No. 310, 3rd floor, Vardhman, Crown Mall, Plot No. 2,Sector-19, District Court Complex Dwarka, South West Delhi, New Delhi Delhi - 110075
Phone no:4346000
4346000
|
New Swan Multitech Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
New Swan Multitech Ltd. IPO Lead Manager(s)
Share India Capital Services Pvt. Ltd.
A-15, Sector-64, Noida Uttar Pradesh - 201301
4910000

FAQs

When does New Swan Multitech Ltd. IPO opens and closes?

New Swan Multitech Ltd. IPO opens from 11th January to 15th January 2024.

What is the size of New Swan Multitech Ltd. IPO?

The size of the New Swan Multitech Ltd. IPO is ₹33.11 Cr.

What is the price range of New Swan Multitech Ltd. IPO?

The price range of New Swan Multitech Ltd. IPO is at ₹62 to ₹66 per share.

What is the minimum investment and lot size required for the New Swan Multitech Ltd. IPO?

The minimum investment required is ₹1,32,000 and minimum lot size is 2000 shares.

When is New Swan Multitech Ltd. IPO listing date?

The New Swan Multitech Ltd. IPO will be listed on 18th January 2024.

What is the objective of New Swan Multitech Ltd. IPO?

1. Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana
2. Repayment of a portion of certain borrowing availed by our Company
3. To meet working capital requirements
4. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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