New Swan Multitech Limited IPO (New Swan Multitech IPO)

New Swan Multitech Limited IPO
Upcoming New Swan Multitech IPO | New New Swan Multitech IPO

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, Ahmedabad, Gujarat.

As of September 30, 2023, the company’s product portfolio comprises 300 SKUs of agricultural equipment and auto parts.

In the automotive industry, the company’s customer base includes Honda Motorcycle, Scooter India, MG Motors and Mahindra & Mahindra. On the other hand, the company distributes its agricultural implements to 200 dealers in 11 Indian states, namely Punjab, Rajasthan, Jammu & Kashmir, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand and Maharashtra.

New Swan Multitech IPO

New Swan Multitech IPO – Details

IPO Opening Date11 January 2024
IPO Closing Date15 January 2024
Issue TypeBook Built Issue IPO
Issue Size50,16,000 Shares Worth ₹33.11 Crore
Fresh Issue: 50,16,000 Shares Worth ₹33.11 Crore
Face Value₹10 per equity share
IPO Price₹62 – ₹66
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

New Swan Multitech IPO – Date Schedule

IPO Open Date11 January 2024
IPO Close Date15 January 2024
Basis of Allotment16 January 2024
Initiation of Refund17 January 2024
Credit of Shares to Demat Account17 January 2024
IPO Listing Date18 January 2024
Cut-off time for UPI mandate confirmation5 PM on Jan 15, 2024

New Swan Multitech IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)120001,32,000
Retail (Maximum)120001,32,000
HNI (Minimum)240002,64,000

Competitive Strengths

  • In-house Manufacturing capabilities;
  • Large base of dealers and customers along with strong relationships;
  • 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
Object of the Issues

Company Promoters

  • Upkar Singh
  • Barunpreet Singh Ahuja
  • Kanwardeep Singh

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 the company.
  • To meet working capital requirements.
  • General Corporate Purpose.

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2021149.60144.723.4245.80
31 March 2022145.52140.443.6348.00
31 March 2023151.42137.689.9139.15
Amount in ₹ Crore

Key Performance Indicator

KPIValues
P/E (x)9.32
ROE33.27%
ROCE24.86%
Debt/Equity1.31
EPS (Rs)7.09
RoNW33.27%

New Swan Multitech IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

New Swan Multitech IPO Prospectus

Company Contact Information

New Swan Multitech Limited

310, Vardhman Crown Mall, Plot No. 2, Sector-19,
District Court Complex, Dwarka
New Delhi, South West Delhi – 110 075

Phone: +91-161-4346000
Email: cs@swanagro.in
Websitehttps://www.swanagro.in/

New Swan Multitech IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html

New Swan Multitech IPO Lead Manager(s)

1. Hem Securities Limited
2. Share India Capital Services Private Limited

New Swan Multitech IPO FAQs

New Swan Multitech IPO FAQs
What is New Swan Multitech IPO?

New Swan Multitech IPO is a SME IPO. The issue is priced at ₹62 – ₹66 per equity share. The IPO is to be listed on BSE SME.
When New Swan Multitech IPO will open?

The IPO is to open on 11 January 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors.
How to New Swan Multitech IPO?

You can apply New Swan Multitech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the New Swan Multitech IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “New Swan Multitech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the New Swan Multitech IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “New Swan Multitech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is New Swan Multitech IPO Size?

New Swan Multitech IPO size is ₹33.11 crores.
What is New Swan Multitech IPO Price Band?

New Swan Multitech IPO Price Band is ₹62 – ₹66.
What is New Swan Multitech IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,32,000 amount while the maximum bid is 2000 shares with ₹1,32,000.
What is the New Swan Multitech IPO Allotment Date?

New Swan Multitech IPO allotment date is  16 January 2024.
What is the New Swan Multitech IPO Listing Date?

New Swan Multitech IPO listing date is 18 January 2024. The IPO is to list on BSE SME.
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