The allotment status for New Swan Multitech IPO (Initial Public Offering) will be determined on January 16, 2024. The refund process will begin on January 17, 2024 and shares will be added to Demat accounts on January 17, 2024. It is expected that New Swan Multitech IPO will be listed on January 18, 2024. Investors can check their allotment status online on the Bigshare website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for New Swan Multitech IPO online or offline.
The company plans to raise approximately ₹33.11 Crores through the IPO, with a fixed price per equity share of ₹62 to ₹66. The IPO will be listed on the BSE SME.
How To Check New Swan Multitech IPO Allotment Status:
New Swan Multitech IPO Time Table:
| Event | Date |
| Opening Date | 11 January 2024 (Thursday) |
| Closing Date | 15 January 2024 (Monday) |
| Basis of Allotment | 16 January 2024 (Tuesday) |
| Initiation of Refunds | 17 January 2024 (Wednesday) |
| Credit of Shares to Demat | 17 January 2024 (Wednesday) |
| Listing Date | 18 January 2024 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 15 January 2024 |
New Swan Multitech IPO Subscription Status:
| Category | Subscription |
| QIB | 110.69x |
| NII | 739.72x |
| Retail | 388.23x |
| Total | 384.26x |
New Swan Multitech IPO Allotment Date:
The allotment date for New Swan Multitech IPO is 16 January 2024.
New Swan Multitech IPO Allotment Timing:
The allotment status of New Swan Multitech IPO will be updated on the register’s website between 10:00 PM tonight (16 January 2024) and 11:00 AM tomorrow (17 January 2024).
New Swan Multitech IPO Allotment Chances:
The basis of allotment for the New Swan Multitech IPO will be around 0.26%, as determined by the retail subscription rate. (Approx.)
You can Check New Swan Multitech IPO Allotment Status in two ways:
New Swan Multitech IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the New Swan Multitech IPO.
- Enter the New Swan Multitech IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
New Swan Multitech IPO: Discover Your Allotment Status on BigShare Services
- Go to the direct BigShare link at (Click Here) and log in.
- Select the New Swan Multitech IPO.
- Enter the New Swan Multitech IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
New Swan Multitech IPO Allotment Link
New Swan Multitech IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| New Swan Multitech IPO GMP | ₹60 | 90.91% |
About New Swan Multitech Limited
Established in 2014, New Swan Multitech Limited specializes in crafting precise components and parts for two key sectors: the automotive industry and modern farming.
For the automotive sector, the company creates crucial parts for two-wheeler vehicles, including assembly engine hangers, hinge body covers, front cover stay components, fuel filler cap components, main stand complete assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, battery tray components, and various other essentials. Additionally, they design and produce diverse brackets like cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets.
In the farming realm, New Swan Multitech manufactures an array of agricultural implements such as rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levellers, disc ploughs, and more.
Their agricultural components facility is situated in Raian, Ludhiana, Punjab, while the auto parts manufacturing facility is in Vithlapur village, Ahmedabad, Gujarat.
As of September 30, 2023, the company boasts a product portfolio comprising 300 SKUs of agricultural equipment and auto parts.
In the automotive sector, New Swan Multitech serves esteemed clients like Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra. Conversely, the company distributes its agricultural implements to 200 dealers across 11 Indian states, namely Punjab, Rajasthan, Jammu & Kashmir, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand, and Maharashtra.
For the fiscal year 2023, the company reported an operating income of Rs. 15,116.04 lakhs.
New Swan Multitech IPO FAQs
When is New Swan Multitech IPO Allotment Date?
New Swan Multitech IPO Allotment is to be available on January 16, 2024.
What will be New Swan Multitech IPO Refund Date?
The New Swan Multitech IPO refund date is January 17, 2024.
What are the New Swan Multitech IPO Allotment Chances in Percentage (%)?
The New Swan Multitech IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around 0.26%. (Approx.)
How do I Check My New Swan Multitech IPO Allotment Status?
How to Check Your New Swan Multitech IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check New Swan Multitech IPO Allotment Status?
To check your New Swan Multitech IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the New Swan Multitech IPO Allotment via Registrar ( Name )?
To check the allotment status of New Swan Multitech IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is New Swan Multitech IPO Listing Date?
New Swan Multitech IPO listing date is January 18, 2024. The IPO is to list on BSE SME.
For Motre Detail of New Swan Multitech IPO Click Here
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