Incorporated in 2014, New Swan Multitech is an engineering-led manufacturer of (i) complex and critical precision-engineered components and parts used in the automotive sector (“auto components”) and (ii) agricultural farm machinery designed to meet the diverse needs of modern farming (“agricultural implements”). Within the automotive sector, they manufacture, procure, and supply a range of precision machined tubular assemblies, welded assemblies, precision brackets, and sheet metal parts. Their wide range of offerings in this segment includes link assembly engine hangers, hinge body covers, front cover stay components, seat catch components, fuel filler cap components, main stand complete assemblies, front fender stay assemblies, engine guard plates, rear brake arm assemblies, separator breather, cable guide assemblies, battery tray components, and many other parts, that are critical for the two-wheeler vehicles and various type of brackets such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, air cleaner inlet hose brackets for the passenger car vehicles.
Within the agricultural implements sector, they design, manufacture, and supply a comprehensive range of agricultural implements that cater to different aspects of farming such as soil preparation, sowing, crop management, harvesting, and crop residue management. Their wide range of offerings in this segment includes various types of rotavators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levelers, disc plows, and many other agricultural implements. They manufacture agricultural implements from their manufacturing unit located at Village Raian, Ludhiana, Punjab.
The auto components are manufactured from their manufacturing unit based at Village Vithlapur, Ahmedabad, Gujarat, which was established in FY 2015-16. The said unit is located at a plot area of 10 acres and is equipped with various machinery such as Robotic Welding Machines, lathe machines, surface grinder machines, press machines, paint shop setup etc. Their products are subject to stringent quality checks and testing in laboratories at our facilities. They have well-equipped laboratories, modern technology, and testing equipment with supporting environment and facilities, to ensure that the products conform with the desired quality.
Objects of the Issue:
- Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana.
- Repayment of a portion of certain borrowing availed by the company.
- To meet working capital requirements.
- General Corporate Purposes.
New Swan Multitech IPO Review
- May Apply
New Swan Multitech IPO Date & Price Band Details
| IPO Open: | January 11, 2024 |
| IPO Close: | January 15, 2024 |
| IPO Size: | Approx ₹33.11 Crores, 5,016,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹62 to ₹66 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
New Swan Multitech IPO Market Lot
The New Swan Multitech IPO minimum market lot is 2000 shares with a ₹132,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹132,000 |
| Retail Maximum | 1 | 2000 | ₹132,000 |
| S-HNI Minimum | 2 | 4000 | ₹264,000 |
New Swan Multitech IPO Dates
The New Swan Multitech IPO date is January 11 and the IPO close date is January 15. The IPO allotment date is January 16 and the IPO might list on January 18.
| IPO Open Date: | January 11, 2024 |
| IPO Close Date: | January 15, 2024 |
| Basis of Allotment: | January 16, 2024 |
| Refunds: | January 17, 2024 |
| Credit to Demat Account: | January 17, 2024 |
| IPO Listing Date: | January 18, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
New Swan Multitech IPO Form
How to apply New Swan Multitech IPO? You can apply New Swan Multitech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the New Swan Multitech IPO in the Invest section. The other option you can apply New Swan Multitech IPO via IPO forms download via the BSE website. Check out the New Swan Multitech forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
New Swan Multitech Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹149.61 | ₹144.73 | ₹3.43 |
| 2022 | ₹145.52 | ₹140.45 | ₹3.63 |
| 2023 | ₹151.42 | ₹137.68 | ₹9.92 |
| 2024 6M | ₹- | ₹- | ₹- |
New Swan Multitech IPO Valuation – FY2023
Check New Swan Multitech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.09 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 33.27% |
| Net Asset Value (NAV): | ₹21.30 per Equity Share |
Peer Group
- Sansera Engineering Limited
- Endurance Technologies Limited
- JBM Auto Limited
Company Promoters
- Upkar Singh
- Barunpreet Singh Ahuja
- Kanwardeep Singh
New Swan Multitech IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
New Swan Multitech IPO Allotment Status
Check New Swan Multitech IPO allotment status on Bigshare website URL. Click Here
New Swan Multitech IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
- Share India Capital Services Private Limited
Company Address
New Swan Multitech Limited
310, Vardhman Crown Mall, Plot No. 2, Sector-19,
District Court Complex, Dwarka
New Delhi, South West Delhi – 110 075
Phone: +91-161-4346000
Email: [email protected]
Website: https://www.swanagro.in/
