January 18, 2024
admin
New Swan Multitech IPO Watch, Guidance & Subscription Status at Chanakyanipothi.com,
👉A legacy of 31 Years.
India`s Oldest Investment & IPO website.
👉Most Trusted by Investors across India.
Table of Contents
New Swan Multitech IPO Post Listing Review :
The shares are listed at Rs. 125.40, premium of 90% over the issue price. The listing is much above the expectations of the Grey market
New Swan Multitech IPO Subscription
On 15 January 2024 5.00 pm (Day 3)(Closed)
Review: Good response in HNI & RII
QIB: 2380000 Shares 110.69 T
NII: 714000 Shares 739.72 T
RII: 1666000 Shares 388.23 T
Total: 4760000 Shares 384.26 T
What is the business of New Swan Multitech?
Incorporated in 2014, New Swan Multitech is an engineering-led manufacturer of (i) complex and critical precision engineered components and parts used in automotive sector (“auto components”) and (ii) agricultural farm machineries designed to meet the diverse needs of modern farming (“agricultural implements”). Within the automotive sector, it manufactures, procures and supplies a range of precision machined tubular assemblies, welded assemblies, precision brackets and sheet metal parts. Its wide range of offerings in this segment includes link assembly engine hangers, hinge body covers, front cover stay components, seat catch components, fuel filler cap components, main stand complete assemblies, front fender stay assemblies, engine guard plates, rear brake arm assemblies, separator breather, cable guide assemblies, battery tray components and many other parts, that are critical for the two-wheeler vehicles and various type of brackets such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, air cleaner inlet hose brackets for the passenger car vehicles.
Within the agricultural implements sector, it designs, manufactures and supplies a comprehensive range of agricultural implements that cater to different aspects of farming such as soil preparation, sowing, crop management, harvesting and crop residue management.
It manufactures agricultural implements from its manufacturing unit located at Village Raian, Ludhiana, Punjab. The auto components are manufactured from its manufacturing unit based at Village Vithlapur, Ahmedabad, Gujarat, which was established in F.Y. 2015-16.
Its product portfolio has over 300 SKU’s of agricultural implements and auto components. In automotive segment, it supplies most of its products directly to OEMs in finished (machined) condition. its customers include Honda Motorcycle and Scooter India (“HMSI”), MG Motors, Mahindra & Mahindra. Its reach also extends to supplying agricultural implements to notable OEMs such as Mahindra & Mahindra, John Deere India Pvt. Ltd. etc. It also exports its agricultural implements to countries like Mauritius, Russia, Kazakhstan, South Africa, Sudan and Nepal. In fiscal 2023 and 2022, it derived 2.08% and 1.39% of its revenue from exports.
Get more information about the company @ https://www.swanagro.in/
| New Swan Multitech IPO Details | |
| IPO opens on | 11 January 2024 |
| IPO closes on | 15 January 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5016000 Sh /Rs 33.11 Cr |
| * Fresh Issue | 5016000 Sh /Rs 33.11 Cr |
| * Offer for Sale | – Sh /Rs.? Cr |
| Market Maker Portion | 256000 Sh. |
| Net offer to Public | 4760000 Sh./Rs.31.42 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 62-66 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000 Shares |
| Listing will at | NSE SME |
| Shares offered in New Swan Multitech IPO | ||
| Shares | Rs. (Cr) | |
| QIB (50%) | 2380000 | 15.71 |
| NII (15%) | 714000 | 4.71 |
| RII (35%) | 1666000 | 11.00 |
| Total Shares | 4760000 | 31.42 |
| Retail portion will be oversubscribed by | 833 | |
| Forms | ||
| How much Shares to Apply in New Swan Multitech IPO? | ||
| Min Retail Application | 2000 Sh | Rs. 132000 |
| Min HNI Application | 4000 Sh | Rs.264000 |
Who are the Promoters of New Swan Multitech IPO?
The promoters of the company are Upkar Singh, Barunpreet Singh Ahuja and Kanwardeep Singh
What are the Objects of New Swan Multitech IPO?
The Offer comprises of a Fresh Issue Shares
The company proposes to utilise the Net Proceeds for the following:
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 the company
3.To meet working capital requirements
4.General Corporate Purpose
| New Swan Multitech IPO Tentative timetable | |
| IPO opens on | 11 January 2023 |
| IPO Closes on | 15 January 2024 |
| IPO Allotment on | 16 January 2024 |
| Refund Initiation | 16 January 2024 |
| Credit of Shares | 17 January 2024 |
| Listing on | 18 January 2024 |
| Registered Office of the Company New Swan Multitech Limited 310, Vardhman Crown Mall, Plot No. 2, Sector-19, District Court Complex, Dwarka New Delhi, South West Delhi – 110 075 |
| Who is the Lead Manager of Kaushalya Logistics IPO? Hem Securities Limited Share India Capital Services Pvt ltd |
| Who is the Registrar to IPO? Bigshare Services Pvt Ltd |
| New Swan Multitech IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 149.61 | 3.43 | 2.45 | 21.06 |
| 2021-22 | 145.52 | 3.63 | 2.59 | 18.25 |
| 2022-23 | 151.42 | 9.92 | 7.09 | 33.27 |
| Book Value of the Share on | 31.03.2023 | Rs 21.30 | ||
| BV of the Share at cap price | after the IPO | Rs. ? | ||
| Offer Price/upper band | Rs. 66 | |||
| New Swan Multitech IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 9.31 |
| Price/BV Ratio | 3.10 |
| Upper price/BV after IPO | |
How New Swan Multitech IPO compares with the Peers?
| As on date of DRHP | FV | Total | PE |
| Rs. | Income In Cr | Ratio of | |
| New Swan Multitech | 10 | 151 9.31 | |
| Sansera Engineering | 2 | 2356 | 34.62 |
| Endurance Technologies | 10 | 8849 | 47.03 |
| JBM Auto | 2 | 3884 | 1357 |
| – | – | – | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
New Swan Multitech IPO To the point Guidance
Incorporated in 2014, New Swan Multitech is an engineering-led manufacturer of (i) complex and critical precision engineered components and parts used in automotive sector (“auto components”) and (ii) agricultural farm machineries designed to meet the diverse needs of modern farming (“agricultural implements”).
Size: ?
Financial Snapshot: ?
Quicklinks
New Swan Multitech IPO GMP Detail IPO GMP today details?
New Swan Multitech IPO
New Swan Multitech IPO FAQs
What is New Swan Multitech IPO?
New Swan Multitech IPO is a SME IPO of 5016,000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.
When New Swan Multitech IPO will open?
The New Swan Multitech IPO opens on January ?, 2024, and closes on January ?, 2024.
What is the lot size of New Swan Multitech IPO?
New Swan Multitech IPO lot size is 1600 Shares, and the minimum amount required is Rs.108,000.
How to apply for New Swan Multitech IPO?
You can apply in New Swan Multitech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is New Swan Multitech IPO allotment?
The finalization of Basis of Allotment for New Swan Multitech IPO will be done on January ?, 2024, and the allotted shares will be credited to your demat account by January ?, 2024.
When is New Swan Multitech IPO listing date?
The New Swan Multitech IPO listing date is not yet announced. The tentative date of New Swan Multitech IPO listing is January ?, 2024.
