Swastik Pipe IPO Details & Guidance
Swastik Pipe IPO Listing on 12 October 2022
Issue Price Rs. 100
Listed at Rs. 66 (discount of 34%)
Intraday high Rs. 69.30
Grey Market News for Swastik Pipe IPO #
On 12 October 2022, click
Swastik Pipe IPO Subscription Status
On 3 October 2022 @ 5.00 pm
NII 50% 29,68,000 Shares: 1.37T
RII 50% 29,68,000 Shares: 1.33T
Total 59,36,000 Shares: 1.35T
Swastik Pipe IPO Details
IPO Dates 29-09-2022 to 3-10-2022
Face Value Rs 10per share
IPO Price Rs 97-100 per share
Lot 1200 Shares
Issue Size 62,52,000 shares of Rs 10
Issue Rs 62.52 Cr)
# Fresh Issue 62,52,000 shares of Rs 10/Rs 62.52 Cr
# Offer for Sale – shares of Rs 10/ Rs – Cr
Issue Type Book Built IPO
Listing At NSE SME
Objects of the IPO
To meet Working Capital requirements
Retail Offer: 50 % / 29,68,000 Shares
RII Min. Application: 1,200 Shares, Rs. 1,20,200
RII Max. Application: 1,200 Shares, Rs. 1,20,200
2474 Applications required for onetime RII-subscriptions.
Swastik Pipe IPO Timetable
IPO Opening Date: September 29, 2022
IPO Closing Date: October 03, 2022
Basis of Allotment: October 06, 2022
Initiation of Refunds: October 07, 2022
Credit of Shares to Demat A/cs: October 10, 2022
IPO Listing Date: October 11, 2022
Swastik Pipe Business:
Will be updated soon
For more information about the company, Click Website: www.swastikpipes.com
Business Summary:
Promoters of Swastik Pipe
MR. SANDEEP BANSAL, SMT. GEETA DEVI AGGARWAL, MRS. ANUPAMA BANSAL
Registered office of Swastik Pipe
2, Arihant Nagar, Punjabi Bagh (W), New Delhi 110026, India
Company Secretary and Compliance Officer: Ms. Banani Sikdar
Lead Manager of Swastik Pipe
Corporate Capitalventures ltd
Registrar to the IPO of Swastik Pipe
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
SME IPO Financial & Analytical Ratios#
Total Income 2019-20 Rs 28.02 Cr
Total Income 2020-21 Rs 18.56 Cr
Total Income 2021-22 Rs 20.86 Cr
Net Profit 2019-20 Rs (3.24) Cr
Net Profit 2020-21 Rs (3.03) Cr
Net Profit 2021-22 Rs (9.17) Cr
Earnings per Share 2019-20 Rs (16.19)
Earnings per Share 2020-21 Rs (15.15)
Earnings per Share 2021-22 Rs (35.54)
Return on Net Worth: 19-20: – %
Return on Net Worth: 20-21: – %
Return on Net Worth: 21-22: (67.86) %
Book Value of the Share as on 31.03.22 Rs 8.19
NAV after the IPO Rs. 16.67
Offer Price Rs. 40
IPO Peer Comparison:
There are no listed companies in India that are engaged in a business similar to that of this company accordingly it is not possible to provide an industry comparison in relation to the company.
Observation by Paresh Gordhandas (Research Analyst)
Will be updated soon
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