New Swan Multitech
New Swan Multitech Info
Details about the New Swan Multitech IPO. Opening Date of New Swan Multitech is 11 Jan 24 and Closing Date is 15 Jan 24 . Face Value of Each share of New Swan Multitech is ₹10 per share. Price band of New Swan Multitech is ₹62 to ₹66. The Lot size of New Swan Multitech is 2,000 shares. Total issue size of New Swan Multitech IPO is ₹33.11 cr. Fresh Issue of New Swan Multitech IPO is 33.11 cr. This is a Book Building IPO. Expected to list on BSE SME. Share Holding Pre Issue of New Swan Multitech is 14,000,240. Share Holding Post Issue of New Swan Multitech is 19,016,240.
Business Summary
New Swan Multitech is incorporated in 2014. Company is in an engineering-led manufacturer of complex and critical precision engineered components and parts used in automotive sector (“auto components”) and agricultural farm machineries designed to meet the diverse needs of modern farming (“agricultural implements”).
Within the automotive sector, they manufacture, procure and supply a range of precision machined tubular assemblies, welded assemblies, precision brackets and sheet metal parts.
Within the agricultural implements sector, company design, manufacture and supply a comprehensive range of agricultural implements that cater to different aspects of farming such as soil preparation, sowing, crop management, harvesting and crop residue management.
New Swan Multitech manufacture agricultural implements from our manufacturing unit located at Village Raian, Ludhiana, Punjab
Company's revenue from operations were Rs. 15,116.04 Lakhs of which they derived 60.70% of revenue from auto components segment and 37.13% from agricultural implements segment.
Company's product portfolio has over 300 SKU’s of agricultural implements and auto components
New Swan Multitech IPO Details
| Open Date | 11 Jan 24 |
|---|---|
| Close Date | 15 Jan 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹62 - ₹66 |
| Lot Size | 2,000 Shares |
| Total issue Size | 5,016,000 Shares ₹33.11 cr |
| Fresh Issue | [.] Shares ₹33.11 cr |
| Issue Type | Book Building |
| Listing At | BSE SME |
| Share Holding Pre Issue | 14,000,240 |
| Share Holding Post Issue | 19,016,240 |
| Market Maker | Hem Finlease |
| Market Maker Portion | 256,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
New Swan Multitech IPO Timeline
The New Swan Multitech Initial Public Offering (IPO) is set to open on 11 Jan 24 and will end its subscription phase on 15 Jan 24. You can check your allotment status for New Swan Multitech on 16 Jan 24. The refund process for your funds will start promptly on 17 Jan 24. New Swan Multitech IPO credit of shares will be on 17 Jan 24. The listing date for New Swan Multitech is on 18 Jan 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
New Swan Multitech IPO Reservation
The New Swan Multitech IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
256,000 Shares will be reserved for subscription by Hem Finlease
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
New Swan Multitech IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 132,000 |
| Retail (Max) | 1 | 2,000 | 132,000 |
| HNI (Min) | 2 | 4,000 | 264,000 |
New Swan Multitech IPO Promoters Holding
Promoters holding details for New Swan Multitech in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 73.62%.
Promoters of New Swan Multitech are Upkar Singh, Barunpreet Singh Ahuja, Kanwardeep Singh,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 73.62% |
New Swan Multitech Financial Information
Financial performance details for New Swan Multitech over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 13,801.1 | 12,876.43 | 12,348.8 | 11,769.68 |
| Revenue | 7,788.21 | 15,142.17 | 14,552.4 | 14,960.55 |
| Profit After Tax | 497.53 | 991.93 | 363.14 | 342.63 |
New Swan Multitech IPO Key Performance Indicator
Key Performance Indicators (KPIs) for New Swan Multitech are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 9.31 |
| ROCE | 24.86% |
| ROE | 33.27% |
| RoNW | 33.27% |
| Debt/Equity | 1.31 |
| EPS (Rs) | 7.09 |
Object of the 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 our Company
- • To meet working capital requirements
- • General Corporate Purpose
Risk Factors to Consider
- • Company's business is dependent on the sale of a products to few key customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on their business, financial condition, results of operations and cash flows.
- • Agricultural implements business is subject to climatic conditions and is cyclical in nature. Seasonal variations and unfavourable local and global weather patterns may have an adverse effect on the business, results of operations and financial condition.
- • Company operate in a highly competitive industry and increased competition may lead to a reduction in our revenues, reduced profit margins or a loss of market share
Contact Details for New Swan Multitech
Phone
Office
310, Vardhman Crown Mall, Plot No. 2,Sector-19, District Court Complex,Dwarka, New Delhi, South West Delhi -110 075, India
Registrar Details for New Swan Multitech
Bigshare Services Pvt Ltd
Phone
Office
: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Hem Securities Limited
- • Share India Capital Services Private Limited