Swastik Pipe IPO GMP, Review, Price, Allotment

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Swastik Pipe IPO GMP

Swastik Pipe IPO description – The company is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

It uses raw material of premium quality i.e. prime steel from SAIL – Steel Authority of India Limited, Tata Steel Limited and high purity zinc is being sourced from Hindustan Zinc Limited. It has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating 2,01,250 MT.

Swastik Pipe

It has diversified its Manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork.

The Company is one of the oldest manufacturers and suppliers of steel pipes and tubes to various heavy engineering industries in India and abroad. Its customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD. among others.

Promoters of Swastik Pipe – Mr. Sandeep Bansal, Smt. Geeta Devi Aggarwal, Mrs. Anupama Bansal and Mr. Shashwat Bansal


Swastik Pipe IPO Details

Swastik Pipe IPO Dates29 September – 3 October 2022
Swastik Pipe IPO PriceINR 97 – 100 per share
Fresh issue62,52,000 shares (INR 60.6 – 62.5 crore)
Offer For SaleNil
Total IPO size62,52,000 shares (INR 60.6 – 62.5 crore)
Minimum bid (lot size)1,200 shares (INR 116,400 – 120,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

Swastik Pipe Financial Performance

 FY 2020FY 2021FY 2022
Revenue655.52522.17608.71
Expenses678.87521.56606.17
Net income (13.89)1.4920.41
Figures in INR Crore unless specified otherwise

Swastik Pipe Offer News


Swastik Pipe Valuations & Margins

FY 2020FY 2021FY 2022
EPS(12.58)1.3514.19
PE ratio6.84 – 7.05
RONW (%)(17.41)1.8314.41
NAV86.7488.3683.45

Swastik Pipe IPO GMP Daily Trend

DateConsolidated IPO GMPKostakSubject to Sauda
4 Oct 2022101,50012,000
3 Oct 2022101,50010,000
1 Oct 2022101,5009,000
30 Sep 202251,5007,000
29 Sep 20221,0003,000
28 Sep 20221,000
27 Sep 20221,000

Swastik Pipe Offer Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered31,26,00031,26,00062,52,000
Day 10.530.080.31
Day 20.720.200.46
Day 31.301.271.28
Subscription figures in number of times, at 5 PM

Swastik Pipe Offer Lead Manager

CORPORATE CAPITALVENTURES PRIVATE LIMITED
B-1/E-13, Mohan Cooperative Industrial,
Estate Mathura Road, New Delhi 110044
Phone : +91 11 – 41824066
Email: [email protected]
Website: www.ccvindia.com


Swastik Pipe Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor,
Okhla Industrial Area, Phase -I
New Delhi-110020
Phone : +91-11-40450193/97
Email: [email protected]
Website: www.skylinerta.com


Swastik Pipe Contact Details

SWASTIK PIPE LIMITED
2, Arihant Nagar,
Punjabi Bagh (W),
New Delhi 110026, India
Phone: +91-11-35453545
E-mail: [email protected]
Website: www.swastikpipes.com


Swastik Pipe IPO Allotment Status

Swastik Pipe IPO allotment will be available on Skyline Financial Services’ website. Click on this link to get allotment status.


Swastik Pipe IPO Dates & Listing Performance

Swastik Pipe IPO Opening Date29 September 2022
Swastik Pipe IPO Closing Date3 October 2022
Finalisation of Basis of Allotment7 October 2022
Initiation of refunds10 October 2022
Transfer of shares to demat accounts11 October 2022
Swastik Pipe IPO Listing Date12 October 2022
Opening Price on NSE SMEComing soon
Closing Price on NSE SMEComing soon

Swastik Pipe IPO FAQs

What is Swastik Pipe offer size?

Swastik Pipe offer size is INR 62.5 crore.

What is Swastik Pipe IPO Price Band?

Swastik Pipe public offer price is INR 97-100 per share.

What is the lot size of Swastik Pipe IPO?

Swastik Pipe offer lot size is 1,200 shares.

What is Swastik Pipe IPO GMP today?

Swastik Pipe IPO GMP today is INR 10 per share.

What is Swastik Pipe kostak rate today?

Swastik Pipe kostak rate today is INR 1,500 per application.

What is Swastik Pipe Subject to Sauda rate today?

Swastik Pipe Subject to Sauda rate today is INR 12,000 per application.

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