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Open
15 Mar 2022
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Close
17 Mar 2022
3
Allotment
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Listing
Mon, Mar 28, 2022
Price Band
₹56 per share
Issue Size
19,08,000 shares (agg. up to ₹11 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Mar 28, 2022
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.30x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 91.62 | 91.72 | 97.04 | 93.73 |
| Total Income | 81.72 | 60.22 | 80.65 | 76.42 |
| Profit After Tax | 1.91 | 2.67 | 3.54 | 2.19 |
| EBITDA | 5.25 | 7.35 | 11.30 | 10.37 |
| NET Worth | 45.19 | 38.24 | 30.74 | 26.11 |
| Reserves and Surplus | 42.68 | 36.01 | 28.81 | 24.17 |
| Total Borrowing | 38.13 | 41.88 | 49.14 | 55.89 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| AB Cotspin India Ltd. | SME | ₹10.09 Cr | ₹35 | 2.71 | ₹40.40 | +15.43% | ₹202.90 (-1.69%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirements for new project | 9.55 |
| 2 | Issue related expenses | 0.50 |
| 3 | General corporate purposes | 0.63 |
About Swaraj Suiting IPO
Incorporated in 2003, Swaraj Suiting Limited manufactures, produces, and supplies textile products. The firm mainly operates in three key business verticals; Manufacturing of Grey Fabric, Weaving on Job Work basis, and Trading of Finished Fabric, Grey Fabric, and Yarn. Initially, the company was engaged in the manufacturing of cotton/synthetic fabrics but later shifted to trading in the synthetic fabric in 2009 by selling off its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited. The business re-entered into manufacturing Cotton and Synthetic fabric in 2011 and started commercial operations in January 2013. Its manufacturing facility is situated at Bhilwara, Rajasthan, having a total production capacity of approx. 1.50 million meters of fabric per month. It is also in the process of setting up a denim processing plant at Neemuch, Madhya Pradesh (MP). Competitive strengths: Strong Promoters, Experienced management team, and Well-defined organizational structure Strong supplier base for sourcing of raw materials/ products Smooth flow of operations Quality Assurance and Standards Customer-Centric services and scalable business model + Read More
Contact Details
Swaraj Suiting Ltd. AddressF-483 To F-487RIICOGrowth Centre HamirgarhBhilwara, Rajasthan, 3110259660630663cs@swarajsuiting.comVisit Website