Swaraj Suiting IPO GMP, Review, Price, Allotment


Last updated on March 29, 2022

Swaraj Suitings IPO

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 Dates15 – 17 March 2022
Price BandINR56 per share
Fresh issue1,908,000 shares (INR10.68 crore)
Offer For SaleNil
Total IPO size1,908,000 shares (INR10.68 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge

Swaraj Suiting’s Financial Performance

 FY2019FY2020FY2021H1 FY2022
Net income2.
Figures in INR Lakh unless specified otherwise

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

DateSwaraj Suiting IPO GMPKostakSubject to Sauda

Swaraj Suiting IPO Subscription – Live Updates

Shares Offered954,000954,0001,908,000
Day 11.760.891.32
Day 22.233.412.82
Day 313.099.9511.52
Subscription figures in number of times, at 5 PM

Swaraj Suiting Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8280
Email: [email protected]
Website: www.bigshareonline.com

Swaraj Suiting Contact Details

Swaraj Suiting Limited
F-483 To F-487,
RIICO Growth Centre
Hamirgarh-311025, Bhilwara
Phone: +91 9660630663
Email: [email protected]
Website: 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 Date15 March 2022
IPO Closing Date17 March 2022
Finalisation of Basis of Allotment23 March 2022
Initiation of refunds24 March 2022
Transfer of shares to demat accounts25 March 2022
Listing Date28 March 2022
Opening Price on NSEINR56 per share (no change from IPO price)
Closing Price on NSEINR53.2 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.


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