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New Swan Multitech Limited IPO

New Swan Multitech Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 125.40 (+90.00%)

Having completed its public offering, New Swan Multitech Limited's is now listed and trading on the BSE exchange as of 18-01-2024. The IPO raised cumulative capital of 50,16,000 Shares, including 50,16,000 Shares in primary capital infusion.

The IPO was conducted with a price range of ₹62 to ₹66 and minimum investment requirement of 2000 shares. subscription activity between 11-01-2024 and 15-01-2024 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 16-01-2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

New Swan IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
New Swan IPO Key Performance Indicator
Company Financials ( in ₹ Lakhs )

New Swan IPO About Company

Incorporated in 2014, New Swan Multitech Limited specializes in manufacturing precision-engineered components for the automotive and modern farming sectors. The company's automotive product portfolio includes assembly engine hangers, hinge body covers, fuel filler cap components, engine guard plates, brake arm assemblies, and various brackets for two-wheeler and passenger vehicles. In the agricultural sector, it produces rotovators, seeders, potato planters, fertilizer spreaders, disc ploughs, and other farming implements. The company operates manufacturing facilities in Raian, Ludhiana, Punjab, for agricultural equipment and Vithlapur, Ahmedabad, Gujarat, for auto parts. As of September 30, 2023, it offers 300 SKUs and serves clients like Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra in the automotive segment, while distributing agricultural implements through 200 dealers across 11 Indian states. In FY 2023, the company reported an operating income of ₹15,116.04 lakhs.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


New Swan IPO Strength Factors

NA


New Swan IPO Risk Factors

NA


New Swan IPO Lead Manager(s)

  • Hem Securities Limited
  • Share India Capital Services Private Limited

New Swan IPO Promoter(s)

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

New Swan IPO Company Details

New Swan Multitech Limited
Phone:
address:

New Swan IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

New Swan IPO FAQs