New Swan Multitech IPO : Price, Detail, GMP, Opening Date, Financial Report and More

New Swan Multitech Limited, established in 2014, specializes in making precise parts for two main areas: cars and farming.

For cars, they create various components like engine hangers, body covers, fuel caps, brake assemblies, and more for two-wheeler vehicles. They also design brackets for things like exhaust pipes and air cleaners in passenger cars.

In farming, the company manufactures equipment such as rotovators, seeders, weeders, and many other tools used in agriculture. They have separate facilities for making these parts in Ludhiana, Punjab, and Vithlapur village, Ahmedabad, Gujarat.

As of September 30, 2023, they offer a total of 300 different agricultural and auto parts.

Their customers in the automotive industry include big names like Honda Motorcycle, MG Motors, and Mahindra & Mahindra. For farming equipment, they distribute to 200 dealers in 11 Indian states.

In the financial year 2023, the company earned an operating income of Rs. 15,116.04 lakhs.

Key Points Regarding New Swan Multitech IPO

IPO DateJanuary 11, 2024 to January 15, 2024
Price Band₹62 to ₹66 per share
Face ValueRs 10 per share
Lot Size2000 Shares
Total Issue Size5,016,000 shares
(aggregating up to ₹33.11 Cr)
Listing DateThursday, January 18, 2024
Listing AtBSE SME

New Swan Multitech IPO Key Points:

Issue Size: Rs 33.11 crores (Book Built Issue).

Composition: Entirely a fresh issue of 50.16 lakh shares.

Subscription Period: January 11, 2024, to January 15, 2024.

Allotment Date: Expected on Tuesday, January 16, 2024.

Listing: BSE SME, with a tentative listing date on Thursday, January 18, 2024.

Price Band: ₹62 to ₹66 per share.

Minimum Lot Size (Retail): 2000 Shares.

Minimum Investment (Retail): ₹132,000.

Minimum Lot Size Investment (HNI): 2 lots (4,000 shares), amounting to ₹264,000.

New Swan Multitech Limited Financial Information (Restated)

New Swan Multitech Limited made more money in the year ending March 31, 2023, compared to the previous year. Their total revenue increased by 4.05%, showing that they earned more overall. The profit after tax (PAT) rose even more significantly, going up by a whopping 173.15%. This means the company not only made more money but also saw a big increase in its profits after accounting for taxes.

Here’s a quick look at Swan Multitech Limited breakdown in terms of money (in  Lakh ).

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Profit After Tax991.93363.14342.63
Net Worth2,981.751,989.821,626.68
Reserves and Surplus2,631.741,639.811,276.67
Total Borrowing3,915.704,800.594,580.55

Contact Details

New Swan Multitech Limited
310, Vardhman Crown Mall, Plot No. 2, Sector-19,
District Court Complex, Dwarka
New Delhi, South West Delhi – 110 075
Phone: +91-161-4346000
Email: [email protected]

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