New Swan Multitech IPO Details ( New Swan Multitech Limited IPO Review )
(11 Jan 2024 – 15 Jan 2024)
Established in 2014, New Swan Multitech Limited specializes in manufacturing precision-engineered components and parts for two main sectors: the automotive industry and modern farming.
For the automotive sector, the company offers a range of crucial parts for two-wheeler vehicles. These include 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 essential elements.
Additionally, they design and produce different types of brackets like cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and brackets for passenger car air cleaner inlet hoses.
In the farming sector, New Swan Multitech manufactures a variety of agricultural implements such as rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levellers, disc ploughs, and many more.
The company’s agricultural components manufacturing facility is located in Raian, Ludhiana, Punjab, while the auto parts manufacturing facility is situated 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 industry, New Swan Multitech serves renowned clients like Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra. On the agricultural front, the company distributes its 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 recorded an operating income of Rs. 15,116.04 lakhs.
New Swan Multitech Limited IPO Competitive Strength
- In-house Manufacturing capabilities
- Large base of dealers and customers along with strong relationship
- Wide Range of Products
- Stringent quality control mechanism ensuring standardized product quality
- Synergy of young and experienced management team with a committed employee base
New Swan Multitech IPO Financials Performance ( Results )
New Swan Multitech Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 11,769.68 | 14,960.55 | 342.63 | 2.45 | 1,626.68 | 11.62 | 1,276.67 | 4,580.55 |
| 31-Mar-22 | 12,348.80 | 14,552.40 | 363.14 | 2.59 | 1,989.82 | 14.21 | 1,639.81 | 4,800.59 |
| 31-Mar-23 | 12,876.43 | 15,142.17 | 991.93 | 7.09 | 2,981.75 | 21.30 | 2,631.74 | 3,915.70 |
| 30-Sep-23 | 13,801.10 | 7,788.21 | 497.53 | 3.55 | 3,479.28 | 24.85 | 2,079.26 | 4,799.12 |
Objective of New Swan Multitech IPO Issue
- Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana
- Repayment of a portion of certain borrowing availed by the company
- To meet working capital requirements
- General Corporate Purpose.
New Swan Multitech IPO Basic Details
| IPO Date | Jan 11, 2024 to Jan 15, 2024 |
| Listing Date | Thursday, January 18, 2024 |
| Face Value | ₹10 per share |
| Price | ₹62 to ₹66 per share |
| Lot Size | 2000 Shares |
| Issue Size | 5,016,000 shares of ₹10 (aggregating up to ₹33.11 Cr) |
| Fresh Issue | 5,016,000 shares of ₹10 (aggregating up to ₹33.11 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 14,000,240 |
| Share holding post issue | 19,016,240 |
| Company Promoters | Upkar Singh, Barunpreet Singh Ahuja and Kanwardeep Singh |
New Swan Multitech IPO Reservation
| Anchor Investor Shares Offered | 28.47% of the Net Issue |
| Market Maker Shares Offered | 5.10% of the Net Issue |
| QIB Shares Offered | 18.98% of the Net Issue |
| NII (HNI) Shares Offered | 14.23% of the Net Issue |
| Retail Shares Offered | 33.21% of the Net Issue |
| Total Shares Offered | 100% of the Net Issue |
New Swan Multitech IPO Timetable
New Swan Multitech IPO will open on January 11, 2024 and close on January 15, 2024. You can join New Swan Multitech IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| 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 Lot Size
For retail investors in New Swan Multitech IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹132,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹132,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹132,000 |
| Retail (Max) | 1 | 2000 | ₹132,000 |
| S-HNI (Min) | 2 | 4000 | ₹264,000 |
New Swan Multitech IPO Promoter Holding
The company’s promoters include Upkar Singh, Barunpreet Singh Ahuja and Kanwardeep Singh.
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.62% |
New Swan Multitech Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 125.51 |
| Earning Per Share (EPS) | ₹5.22 per Equity Share |
| Net Asset Value (NAV) | ₹21.30 per Equity Share |
| P/E Ratio (P/E) (x) | 9.32 |
| Post P/E Ratio (P/E) (x) | 12.65 |
| Return on Net Worth (RoNW) (%) | 33.27 |
| Return on equity (ROE) (%) | 33.27 |
| Return on Capital Employed (ROCE) (%) | 24.86 |
New Swan Multitech Ltd Peer Comparison
| Company Name | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | P/BV Ratio |
| New Swan Multitech Limited | 66.00 | 10.00 | 7.09 | 12.65 | 33.27 | 21.30 |
| Peer Group | ||||||
| Sansera Engineering Limited | 995.70 | 2.00 | 27.17 | 36.64 | 12.55 | 223.31 |
| Endurance Technologies Limited | 1805.05 | 10.00 | 34.09 | 52.95 | 10.87 | 313.67 |
| JBM Auto Limited | 1439.25 | 2.00 | 10.58 | 136.03 | 12.40 | 87.09 |
New Swan Multitech IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹90 | – | – |
| 16 January 2024 | ₹90 | – | – |
| 15 January 2024 | ₹65 | – | – |
| 14 January 2024 | ₹60 | – | – |
| 13 January 2024 | ₹32 | – | – |
| 12 January 2024 | ₹32 | – | – |
| 11 January 2024 | ₹32 | – | – |
| 10 January 2024 | ₹32 | – | – |
New Swan Multitech IPO Detail Video:
link
New Swan Multitech IPO Subscription Status (Bidding Detail)
The New Swan Multitech IPO on January 15, 2024 at 7:30:00 PM was subscribed 384.26 times, with the retail category being subscribed 388.23 times, the NII (Non-Institutional Investor) category being subscribed 739.72 times, QIB (Qualified-Institutional Buyers) category being subscribed 110.69 times.
| Category | Subscription |
| QIB | 110.69x |
| NII | 739.72x |
| Retail | 388.23x |
| Total | 384.26x |
New Swan Multitech IPO Prospectus
| New Swan Multitech IPO DRHP | Download |
| New Swan Multitech IPO RHP | Download |
| New Swan Multitech IPO Anchor Investors Details PDF | Download |
New Swan Multitech IPO Rating
| Our Rating | 3.0/5.0 |
New Swan Multitech Company Contact Information
New Swan Multitech Limited
Registered Office: 310, Vardhman Crown Mall, Plot No. 2, Sector-19, District Court Complex, Dwarka, New Delhi, South West Delhi – 110 075, India.
Contact Person: Tanveer Kaur, Company Secretary & Compliance Officer
Tel No: +91-161-4346000
E-mail: cs@swanagro.in
Website: www.swanagro.in
Promoters of our Company: Upkar Singh, Barunpreet Singh Ahuja & Kanwardeep Singh
New Swan Multitech IPO Registrar
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Tel No.: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C
SEBI Registration Number: INR000001385
New Swan Multitech IPO Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000;
Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Akun Goyal
SEBI Registration Number.: INM000010981
Share India Capital Services Private Limited
Address: A-15, Sector-64, Noida – 201301, Uttar Pradesh, India.
Tel No.: +91-0120-4910000
Email: anand.srivastava@shareindia.co.in
Website: www.shareindia.com
Contact Person: Anand Srivastava
SEBI Registration No.: INM000012537
New Swan Multitech IPO FAQs
What is the lot size of New Swan Multitech IPO?
The total size of New Swan Multitech IPO is ₹33.11 crores and this is a complete fresh Issue.
When will New Swan Multitech IPO start?
New Swan Multitech IPO will open from 11 January 2024 and IPO will close on 15 January 2024.
What is the open date of New Swan Multitech IPO?
New Swan Multitech IPO will open date from 11 January 2024.
What is the last date ( close date ) of New Swan Multitech IPO?
New Swan Multitech IPO will close from 15 January 2024.
What is the price band of New Swan Multitech IPO?
New Swan Multitech IPO price band is ₹62 to ₹66. ( Upper Price Band: ₹66, Lower Price Band: ₹62 )
What is the minimum amount required to apply for New Swan Multitech IPO?
The minimum investment for retailers to apply for New Swan Multitech IPO is ₹132,000 and the maximum investment is ₹132,000.
What is going on gray market premium of New Swan Multitech IPO?
View gray market premium of New Swan Multitech IPO by Clicking Here
How much is the GMP of New Swan Multitech IPO?
Watch New Swan Multitech IPO GMP Today: Click Here
What is the allotment date of New Swan Multitech IPO?
The allotment date of New Swan Multitech IPO is 16 January 2024.
How to check allotment status in New Swan Multitech IPO?
To check the allotment status of New Swan Multitech IPO, first of all go to the registrar website by clicking here, select your bad New Swan Multitech IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of New Swan Multitech IPO?
The listing date of New Swan Multitech IPO is 18 January 2024.
How much will be the listing gain in New Swan Multitech IPO?
View listing gain of New Swan Multitech IPO by Clicking Here
How much time New Swan Multitech IPO is subscribed?
Total 384.26 times subscribed in New Swan Multitech IPO out of which 388.23 times subscription was done in retail quota, 739.72 times subscription in NII quota and 110.69 times subscription in QIB quota.
How to apply for New Swan Multitech IPO from Upstox?
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How to apply for New Swan Multitech PO from Zerodha?
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