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New Swan Multitech Limited IPO Date, Price, Review and Details

 

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New Swan Multitech Limited IPO

January 11, 2024 - January 15, 2024 Closed

New Swan Multitech Limited IPO

Established in 2014, they specialize in crafting intricate and vital precision-engineered components for the automotive industry, known as "auto components." Additionally, they design and produce agricultural farm machinery tailored to address the varied requirements of contemporary farming, referred to as "agricultural implements." In the realm of automotive manufacturing, their expertise lies in the production, sourcing, and delivery of a diverse range of precision-machined tubular assemblies, welded assemblies, precision brackets, and sheet metal parts. Their competitive strengths are In-house Manufacturing capabilities, Large base of dealers and customers along with strong relationship, Wide Range of Products, Stringent quality control mechanism ensuring standardized product quality, Synergy of young and experienced management team with a committed employee base.

Company Promoters:

· Upkar Singh
· Barunpreet Singh Ahuja
· Kanwardeep Singh

Objects of this Issue:

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

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

12,876.43

12,348.80

11,769.68

Total Liabilities

10,244.69

10,708.99

10,493.01

Net Profit

991.93

363.14

342.63

New Swan Multitech Limited IPO Schedule

1.     Bid or Offer Opens on: 11 January 2024
2.     Bid or Offer Closes on: 15 January 2023
3.     Finalization of BoA: 16 January 2024
4.     Initiation of Refunds: 17 January 2024
5.     Credit of shares to Demat account: 17 January 2024
6.     Listing Date: 18 January 2024

New Swan Multitech Limited IPO Lot Size

The market lot size of New Swan Multitech Limited IPO is 1600 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  2000

₹132,000

Maximum

1

  2000

₹132,000

S-HNI(Minimum)

2

  4,000

₹264,000

Company Contact Details:

310, Vardhman Crown Mall, Plot No. 2,

Sector-19, District Court Complex,

Dwarka, New Delhi, Southwest Delhi -

110 075, India

Phone: +91-161-4346000  

Email: cs@swanagro.in

Website: www.swanagro.in

 

New Swan Multitech Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

Office No. S6 - 2, 6th Floor, Pinnacle Business Park, next to Ahura Centre,

Mahakali Cave Road, Andheri - [East], Mumbai - 400093, Maharashtra, India.

Telephone: +91 22 6263 8200

Email:  ipo@bigshareonline.com

Website:  www.bigshareonline.com




Frequently Asked Question

You will receive on New Swan Multitech Limited IPO shares in your Demat account on January 16, 2024, if allotted.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Opening date of New Swan Multitech Limited IPO is January 11, 2024.
Post-issue shareholding of the New Swan Multitech Limited IPO promoter is 73.62%.
Generally, yes. Once the IPO is launched, the public can buy shares through brokerage accounts. However, some IPOs may have restrictions or priority access for institutional investors.
The meaning of "New Swan Multitech Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of New Swan Multitech Limited IPO on the current day.
New Swan Multitech Limited IPO share price ₹62 to ₹66 per share.
New Swan Multitech Limited IPO shares will get listed on January 18, 2024.
Pre-issue shareholding of the New Swan Multitech Limited IPO promoter is 100%.
IPO investments carry risks such as market volatility, uncertainties about the company's future performance, and the potential for stock prices to fluctuate.
New Swan Multitech Limited IPO Shares will be listed at BSE SME.
Lot size of the New Swan Multitech Limited IPO is 2000 shares.
The face value of New Swan Multitech Limited IPO is ₹10 per share.
If you do not get the allotment of on New Swan Multitech Limited IPO products, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Closing date of New Swan Multitech Limited IPO is January 15, 2024.
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