New Swan Multitech IPO Subscription Status – IPO Closed

New Swan Multitech IPO subscription status started on Thursday January 11, 2024 and will close on January 15, 2024. New Swan Multitech IPO to raise around ₹33.11 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹62 to ₹66 per equity share.

New Swan Multitech IPO

The New Swan Multitech IPO minimum market lot is 2000 shares with 132,000 application amount. The New Swan Multitech IPO is an BSE SME IPO, and it is to be listed on BSE.

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.


IPOWatch View

We recommend investors may apply for an IPO with Long and short term-views. Investors should also look at the QIB, NII, and Retail numbers before investing.

New Swan Multitech IPO Subscription Status – Day 3

IPO CategorySubscription Numbers
QIB110.19
NII139.72
RII388.23
Total384.26


New Swan Multitech IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

New Swan Multitech IPO Review

  • May Apply

New Swan Multitech IPO Form

How to apply for the New Swan Multitech IPO? You can apply for 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 is you can apply for New Swan Multitech IPO via IPO forms downloaded online. Check out the New Swan Multitech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

New Swan Multitech IPO Subscription Status FAQs:


When New Swan Multitech IPO Subscription will start?

The IPO subscription starts on January 11, 2024 for NII, QIB and Retail Investors.

How to subscribe New Swan Multitech IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live New Swan Multitech IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the New Swan Multitech IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “New Swan Multitech “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the New Swan Multitech IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “New Swan Multitech “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the New Swan Multitech IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “New Swan Multitech ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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