New Swan Multitech IPO description – Founded in 2014, New Swan Multitech specializes in crafting precision-engineered components and parts tailored for two distinct sectors: the automotive industry and modern farming.
Within the automotive sector, the company’s offerings comprise a comprehensive product portfolio. This includes essential components like engine hangers, body covers, front cover stay components, fuel filler cap components, complete main stand assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, battery tray components, and various other crucial parts vital for two-wheeler vehicles.
Additionally, the company engages in the design and production of diverse brackets, including those for cooling recovery reservoirs, exhaust tailpipes, fuse blocks, floor panels, and air cleaner inlet hoses for passenger cars.
In the realm of modern farming, the company produces a wide array of machinery, including rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levelers, disc plows, and various other agricultural implements.
As of 30 September 2023, the company’s product lineup encompasses 300 SKUs, consisting of agricultural equipment and auto parts. Within the automotive sector, the company serves a diverse customer base, including Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra. Conversely, the company distributes its agricultural implements to 200 dealers across 11 Indian states: Punjab, Rajasthan, Jammu & Kashmir, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand, and Maharashtra.
New Swan Multitech also exports its agricultural implements to nations such as Mauritius, Russia, Kazakhstan, South Africa, Sudan, and Nepal. In the fiscal years 2023 and 2022, exports accounted for 2.08% and 1.39% of the company’s revenue, respectively.
Promoters of New Swan Multitech – Upkar Singh, Barunpreet Singh Ahuja & Kanwardeep Singh
Table of Contents
New Swan Multitech IPO Details
| New Swan Multitech IPO Dates | 11 – 15 Jan 2024 |
| New Swan Multitech Issue Price | INR 62 – 66 per share |
| Fresh issue | 5,016,000 shares (INR 31.10 – 33.11 crore) |
| Offer For Sale | NIL |
| Total IPO size | 5,016,000 shares (INR 31.10 – 33.11 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 132,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
New Swan Multitech Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 149.47 | 145.47 | 151.16 | 77.85 |
| Expenses | 144.73 | 140.43 | 137.68 | 70.60 |
| Net income | 3.43 | 3.63 | 9.92 | 4.98 |
New Swan Multitech Offer News
- New Swan Multitech RHP
- New Swan Multitech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
New Swan Multitech Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 2.45 | 2.59 | 7.09 |
| PE ratio | – | – | 8.74 – 9.31 |
| RONW (%) | 21.06 | 18.25 | 33.27 |
| NAV | 11.62 | 14.21 | 21.30 |
| ROCE (%) | 12.56 | 12.64 | 24.86 |
| EBITDA (%) | 7.10 | 7.90 | 13.38 |
| Debt/Equity | 2.82 | 2.41 | 1.31 |
New Swan Multitech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 17 January 2024 | 57 | – | 89,000 |
| 16 January 2024 | 53 | – | 83,000 |
| 15 January 2024 | 47 | – | 72,500 |
| 13 January 2024 | 39 | – | 58,500 |
| 12 January 2024 | 37 | – | 56,200 |
| 11 January 2024 | 35 | – | 55,000 |
| 10 January 2024 | 35 | – | 54,000 |
| 9 January 2024 | 35 | – | 54,000 |
| 8 January 2024 | 35 | – | 53,200 |
| 6 January 2024 | 23 | – | 35,000 |
New Swan Multitech IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 952,000 | 970,000 | 1,666,000 | 3,588,000 |
| 15 Jan 2024 | 110.69 | 544.76 | 388.23 | 356.91 |
| 12 Jan 2024 | 6.50 | 39.59 | 92.33 | 55.30 |
| 11 Jan 2024 | 3.45 | 12.04 | 35.33 | 20.58 |
New Swan Multitech IPO Allotment Status
New Swan Multitech IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
New Swan Multitech IPO Dates & Listing Performance
| IPO Opening Date | 11 January 2024 |
| IPO Closing Date | 15 January 2024 |
| Finalization of Basis of Allotment | 16 January 2024 |
| Initiation of refunds | 17 January 2024 |
| Transfer of shares to demat accounts | 17 January 2024 |
| IPO Listing Date | 18 January 2024 |
| Opening Price on BSE SME | INR 125.4 per share (up 90%) |
| Closing Price on BSE SME | INR 131.67 per share (up 99.50%) |
New Swan Multitech Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email:Â [email protected]
Website:Â www.hemsecurities.com
New Swan Multitech Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
New Swan Multitech IPO Contact Details
NEW SWAN MULTITECH LIMITED
310, Vardhman Crown Mall, Plot No. 2,
Sector-19, District Court Complex, Dwarka,
New Delhi, South West Delhi – 110 075, India
Phone: +91-161-4346000
E-mail: [email protected]
Website: www.swanagro.in
IPO FAQs
What is the New Swan Multitech offer size?
New Swan Multitech offer size is INR 31.10 – 33.11 crores.
What is the New Swan Multitech offer price band?
New Swan Multitech public offer price is INR 62 – 66 per share.
What is the lot size of the New Swan Multitech IPO?
New Swan Multitech offer lot size is 2,000 shares.
What is New Swan Multitech IPO GMP today?
New Swan Multitech IPO GMP today is INR 57 per share.
What is the New Swan Multitech kostak rate today?
New Swan Multitech kostak rate today is NA per application.
What is New Swan Multitech Subject to Sauda rate today?
New Swan Multitech is Subject to the Sauda rate today is INR 89,000 per application.
