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Issue Size
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Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,368.20 | 1,002.31 | 780.15 |
| Total Income | 1,212.44 | 959.67 | 766.61 |
| Profit After Tax | 95.59 | 80.67 | 93.97 |
| EBITDA | 192.77 | 162.72 | 153.59 |
| NET Worth | 553.22 | 399.92 | 319.36 |
| Reserves and Surplus | 504.58 | 367.25 | 286.58 |
| Total Borrowing | 443.06 | 354.82 | 260.08 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| H.R.Hygiene Products Ltd. | SME | ₹53.95 Cr | ₹88 | 13.73 | ₹87.97 | -0.03% | ₹67.00 |
| Recode Studios Ltd. | SME | ₹44.59 Cr | ₹158 | 38.94 | ₹223.75 | +41.61% | ₹323.40 |
| Ravelcare Ltd. | SME | ₹24.10 Cr | ₹130 | 12.38 | ₹190.95 | +46.88% | ₹111.20 |
| Anondita Medicare Ltd. | SME | ₹69.50 Cr | ₹145 | 11.74 | ₹289.25 | +99.48% | ₹1,074.60 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part-financing the capital expenditure towards setting up of the Project | 198.21 |
| 2 | Repayment/pre-payment, in full or part, of certain outstanding borrowings availed by the Company | 100.00 |
| 3 | Investment in our wholly-owned Subsidiaries, Solis Hygiene, Swara Hygiene and KAEHPL, for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by them | 27.50 |
| 4 | Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | |
| Total | 325.71 |
About Swara Baby Products IPO
Incorporated in November 2016, Swara Baby Products Limited is a specialized contract manufacturer of disposable consumer hygiene products, offering a diversified portfolio across baby care, adult incontinence, and feminine hygiene categories. The company manufactures baby pant and tape-style diapers, adult diapers, sanitary napkins, panty liners, and related hygiene products for leading brands, while also marketing its own consumer brands, "Cuddles" (baby diapers) and "Shields" (adult diapers) through online and modern retail channels. According to the TKC Report, Swara Baby Products was the largest contract manufacturer in India's hygiene manufacturing industry by value in Fiscal 2025, holding a 37% market share in baby diaper contract manufacturing and a 36% market share in adult diaper contract manufacturing. The company combines large-scale manufacturing capabilities with centralized R&D, quality assurance, and an efficient supply chain to deliver customized hygiene solutions. It further strengthened its product portfolio by entering the feminine hygiene segment through the acquisition of KAEHPL in December 2025. The company operates strategically located manufacturing faciliti
Contact Details
Swara Baby Products Ltd. AddressPlot No. 381 to 388, Sector 3Industrial Area,Pithampur IIIDhar, Madhya Pradesh, 454774731 4038927company.secretary@swarababy.comVisit Website