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 Category | Subscription Numbers |
QIB | 110.19 |
NII | 139.72 |
RII | 388.23 |
Total | 384.26 |
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.