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Open
11 Jan 2024
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Close
15 Jan 2024
3
Allotment
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Listing
Thu, Jan 18, 2024
Price Band
₹62 to ₹66
Issue Size
50,16,000 shares (agg. up to ₹33 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Jan 18, 2024
Latest GMP
₹53
Est. Gain
80.3%
✦ AI Insight
GMP Trend
18-01-2024₹53Est. ₹119+80.3%
17-01-2024₹53Est. ₹119+80.3%
16-01-2024₹60Est. ₹126+90.91%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 267.25x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 138.01 | 128.76 | 123.49 | 117.70 |
| Total Income | 77.88 | 151.42 | 145.52 | 149.61 |
| Profit After Tax | 4.98 | 9.92 | 3.63 | 3.43 |
| NET Worth | 34.79 | 29.82 | 19.90 | 16.27 |
| Reserves and Surplus | 20.79 | 26.32 | 16.40 | 12.77 |
| Total Borrowing | 47.99 | 39.16 | 48.01 | 45.81 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| ASK Automotive Ltd. | Mainboard | ₹833.91 Cr | ₹282 | 45.63 | ₹310.10 | +9.96% | ₹482.10 (-0.72%) |
| Divgi TorqTransfer Systems Ltd. | Mainboard | ₹412.12 Cr | ₹590 | 35.16 | ₹605.20 | +2.58% | ₹913.50 (-2.78%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana | 3.90 |
| 2 | Repayment of a portion of certain borrowing availed by the Company | 8.00 |
| 3 | To meet working capital requirements | 15.50 |
| 4 | General Corporate Purpose | 1.45 |
About New Swan Multitech IPO
Incorporated in 2014, New Swan Multitech Limited specialises in the manufacture of precision-engineered components and parts for two sectors: the automotive industry and modern farming. The company's product portfolio for the automotive industry includes 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 many other parts that are important for two-wheeler vehicles. They also design and manufacture various types of brackets, such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets. For farming, the company manufactures rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levellers, disc ploughs and many other agricultural implements. The agricultural components manufacturing facility is located in Raian, Ludhiana, Punjab, while the auto parts manufacturing facility is located in Vithlapur village, Ah
Contact Details
New Swan Multitech Ltd. Address310, Vardhman Crown Mall, Plot No.2, Sector-19District Court Complex, DwarkaNew Delhi, New Delhi, 110075+91-161-4346000cs@swanagro.inVisit Website