Swastik Pipe Limited IPO (Swastik Pipe IPO)

Swastik Pipe Limited IPO
Upcoming Swastik Pipe IPO | New Swastik Pipe IPO

Swastik Pipe Limited brings the latest modern manufacturing technology. Automatic temperature control of voltage stabilising and other electrical parameters so that no fluctuation of heat/voltage/current takes place irrespective of the speed/thickness, thereby yielding uniform bead inside the pipe and no friction loss.

Swastik Pipe has diversified its Manufacturing activities towards production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork. Swastik Pipe Ltd is one of the oldest and prominent manufacturer, exporter and supplier of steel pipes and tubes to various heavy engineering industries in India and abroad.

Swastik Pipe Limited is manufacturers and exporters of T.T. Swastik Brand high quality Mild Steel/Carbon Steel ERW Black and Galvanized Pipes/Tubes Since 1973. Its advancement state-of-art manufacturing facilities with ISO 9001: 2015 has achieved national and international reputation and appreciation.

Swastik Pipe Ltd. has its state-of-the-art manufacturing plant at Bahadurgarh in Haryana (Unit-1) and at Kotwan, Kosi Kalan, Distt. Mathura in Uttar Pradesh (Unit-2).

Swastik Pipe IPO

Competitive Strengths

  • Company’s core business
  • Qualified &Experienced Team
  • Customers Base
  • Geographic exposure
  • Competitive Advantage
  • Corporate Governance
  • Industry Growth Trends
  • Wide Product Range

Company Promoters

  • Mr. Sandeep Bansal
  • Smt. Geeta Devi Aggarwal
  • Mrs. Anupama Bansal
  • Mr. Shashwat Bansal

Company Financials

Particulars30 Nov 202131 March 202131 March 202031 March 2019
Total Revenue38,601.6452,384.8065,807.2172,756.38
Total Expense38,296.4852,156.6967,887.4372,121.03
Profit Before Tax305.16228.11-2,080.22635.35
Profit After Tax202.19148.64-1,389.25467.97
Amount in ₹ Lakhs

Object Of The Issue

  • To meet out the Working Capital requirements of the Company;
  • To meet out the General Corporate Purposes; and
  • To meet out the Issue Expenses.
Swastik Pipe IPO
Issue Object

Swastik Pipe IPO – Details

IPO Opening Date29 September 2022
IPO Closing Date03 October 2022
Issue TypeBook Built Issue IPO
Issue Size₹62.52 Crore
Face Value₹10 per equity share
IPO Price₹97 – ₹100
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterSkyline Financial Services Private Ltd
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer

Swastik Pipe IPO – Date Schedule

IPO Open Date29 September 2022
IPO Close Date03 October 2022
Basis of Allotment Date07 October 2022
Initiation of Refunds10 October 2022
Credit of Shares to Demat Account11 October 2022
IPO Listing Date12 October 2022

Swastik Pipe IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum112001,20,000
Maximum112001,20,000

Swastik Pipe IPO Promoter Holding

Pre Issue Share Holding88.27%
Post Issue Share Holding64.51

Swastik Pipe IPO Prospectus

Company Contact Information

Swastik Pipe Limited

2, Arihant Nagar,
Punjabi Bagh (W),
New Delhi 110026

Phone: +91-11-35453545
Email: cs@swastikpipes.com
Websitehttps://swastikpipes.com/

Swastik Pipe IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: compliances@skylinerta.com
Websitehttps://www.skylinerta.com/

Swastik Pipe IPO Lead Manager(s)

1. Corporate CapitalVentures Pvt Ltd

Swastik Pipe IPO FAQs

Swastik Pipe IPO FAQs
What is Swastik Pipe IPO?

Swastik Pipe IPO is a SME IPO. The issue is priced at ₹100 per equity share. The IPO is to be listed on NSE SME.
When Swastik Pipe IPO will open?

The IPO is to open on 29 September 2022 for QIB, NII and Retail Investors.
What is Swastik Pipe IPO Investors Portion?

The investors’ portion for NII-50%, and Retail 50%.
How to Swastik Pipe IPO?

You can apply Swastik Pipe 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 Swastik Pipe IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Swastik Pipe”. 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 Angle One.
How to Apply the Swastik Pipe IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Swastik Pipe”. 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 Swastik Pipe IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Swastik Pipe”. 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 Upstox.
How to Apply the Swastik Pipe IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Swastik Pipe”. 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 IIFL.
What is Swastik Pipe IPO Size?

Swastik Pipe IPO size is ₹62.52 crores.
What is Swastik Pipe IPO Price Band?

Swastik Pipe IPO Price Band is ₹100.
What is Swastik Pipe IPO Minimum and Maximum Lot Size?

The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 shares with ₹1,20,000.
What is the Swastik Pipe IPO Allotment Date?

Swastik Pipe IPO allotment date is 07 October 2022.
What is the Swastik Pipe IPO Listing Date?

Swastik Pipe IPO listing date is 12 October 2022. The IPO is to list on NSE SME.
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