Swaraj Suiting IPO description – The company is engaged in the Manufacturing of Grey Fabric involving Cotton and Synthetic, Trading of Yarn, Grey fabric and Finished fabric and Weaving on Job work basis. Its existing manufacturing unit is located at F-483 to F-487, G1-475 to 476, RIICO Growth Centre, Hamirgarh, Bhilwara, Rajasthan – 311025 which also houses its Registered Office. In this unit, the company has installed 123 Airjet looms which translates into production capacity of 1.50 million meters of cotton & synthetic fabric per month translating into 225 Lakh Meters Per Annum (LMPA).
The company has strategically planned the vertical integration of its operations and is in advanced stages of setting up a project in the district of Neemuch, Madhya Pradesh (MP), which is both the backward and forward integration of its existing activity. The commencement of commercial production shall be between March – April, 2022. This unit will manufacture premium quality denim fabric and tap new markets with annual capacity of converting approximately 21.75 million metric meters of denim fabric.
Promoters of Swaraj Suiting – Mr Mohammed Sabir Khan, Mrs Samar Khan and Mr Nasir Khan
Swaraj Suiting IPO Details
| Subscription Dates | 15 – 17 March 2022 |
| Price Band | INR56 per share |
| Fresh issue | 1,908,000 shares (INR10.68 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,908,000 shares (INR10.68 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Swaraj Suiting’s Financial Performance
| Â | FY2019 | FY2020 | FY2021 | H1 FY2022 |
| Revenue | 76.4 | 80.6 | 60.2 | 81.7 |
| Expenses | 61.9 | 64.1 | 50.0 | 74.8 |
| Net income | 2.0 | 3.3 | 2.7 | 1.9 |
Swaraj Suiting Offer News
Swaraj Suiting Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR6.00
Pre-IPO Price/Earnings (PE ratio): 9.34
Return on Net Worth (RONW): 6.99%
Net Asset Value (NAV): INR85.73 per share
Swaraj Suiting IPO GMP Daily Trend
| Date | Swaraj Suiting IPO GMP | Kostak | Subject to Sauda |
Swaraj Suiting IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 954,000 | 954,000 | 1,908,000 |
| Day 1 | 1.76 | 0.89 | 1.32 |
| Day 2 | 2.23 | 3.41 | 2.82 |
| Day 3 | 13.09 | 9.95 | 11.52 |
Swaraj Suiting Offer Registrar
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone:Â +91 22 6263 8200
Fax. No.:Â +91 22 6263 8280
Email:Â [email protected]
Website:Â www.bigshareonline.com
Swaraj Suiting Contact Details
Swaraj Suiting Limited
F-483 To F-487,
RIICO Growth Centre
Hamirgarh-311025, Bhilwara
Phone:Â +91 9660630663
Email:Â [email protected]
Website:Â www.swarajsuiting.com
Swaraj Suiting IPO Allotment Status
Swaraj Suiting IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.
Swaraj Suiting IPO Timetable
| IPO Opening Date | 15 March 2022 |
| IPO Closing Date | 17 March 2022 |
| Finalisation of Basis of Allotment | 23 March 2022 |
| Initiation of refunds | 24 March 2022 |
| Transfer of shares to demat accounts | 25 March 2022 |
| Listing Date | 28 March 2022 |
| Opening Price on NSE | INR56 per share (no change from IPO price) |
| Closing Price on NSE | INR53.2 per share (down 5% from IPO price) |
Swaraj Suiting IPO FAQs
What is Swaraj Suiting offer size?
Swaraj Suiting offer size is INR10.68 crore.
What is Swaraj Suiting IPO Price Band?
Swaraj Suiting public offer price is INR56 per share.
What is the lot size of Swaraj Suiting IPO?
Swaraj Suiting offer lot size and the minimum order is 2,000 shares.
What is Swaraj Suiting IPO GMP today?
Swaraj Suiting IPO GMP today is NA per share.
What is Swaraj Suiting kostak rate today?
Swaraj Suiting kostak rate today is NA per application.
What is Swaraj Suiting Subject to Sauda rate today?
Swaraj Suiting Subject to Sauda rate today is NA per application.
