Skip to main content
NSE - SMEListed
Swastik Pipe Limited Logo

Swastik Pipe Limited IPO

Swastik Pipe Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 66.00 (-34.00%)

Swastik Pipe Limited's completed its IPO journey with a successful listing on NSE on 11-10-2022. The public offering mobilized 62,52,000 Shares in total capital, comprising 62,52,000 Shares in fresh equity.

The offering was conducted within the price band of ₹100 to ₹100, with minimum application lots of 1200 shares. Investor participation during the 29-09-2022 to 03-10-2022 subscription window determined the final allocation pattern.

The basis of allotment was announced on 07-10-2022, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Swastik Pipe 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
Swastik Pipe IPO Key Performance Indicator
Company Financials ( In Lakhs )

Swastik Pipe IPO About Company

Incorporated in 1973, Swastik Pipe Limited is a manufacturer and exporter of Mild Steel/Carbon Steel ERW black and galvanized pipes, hollow steel pipes, API pipes, stainless steel tubes, cold-rolled steel strips/coils, swaged tubular poles, and solar structures. The company operates two plants—Unit 1 in Bahadurgarh, Haryana, and Unit 2 in Kotwan, Mathura, Uttar Pradesh—with a combined installed capacity of 2,01,250 MT. Swastik Pipe has diversified into producing solar module mounting structures, transmission towers, steel tubular poles, and specialized solar poles for railways, scaffolding, and formwork. Serving heavy engineering industries in India and abroad, its key customers include HPSCSC Shimla, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and Super Star Steels Pvt. Ltd.


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


Swastik Pipe IPO Strength Factors

NA


Swastik Pipe IPO Risk Factors

NA


Swastik Pipe IPO Lead Manager(s)

  • Corporate Capitalventures Private Limited

Swastik Pipe IPO Promoter(s)

  1. Mr. Sandeep Bansal
  2. Smt. Geeta Devi Aggarwal
  3. Mrs. Anupama Bansal
  4. Mr. Shashwat Bansal

Swastik Pipe IPO Company Details

Swastik Pipe Limited
Phone:
address:

Swastik Pipe IPO Registrar

Skyline Financial Services Private Limited
Name:
Phone:

Swastik Pipe IPO FAQs