The offer for sale will take place on a separate window of the stock exchanges under the T+1 period. The OFS will take place between 9:15 am and 3:30 pm on March 18, 2026 for non-retail investors and will continue on March 19, 2026 for retail investors between 9:15 am and 3:30 pm.
Swan Defence And Heavy Industries OFS 2026 Details
| OFS Open: | March 18, 2026 |
| OFS Close: | March 19, 2026 |
| OFS Floor Price: | ā¹1,900 per share |
| Face Value: | ā¹10 per share |
| Closing Price: | ā¹2,390 as of March 17 |
| OFS Discount: | 25.79% on closing price |
| Retail Discount: | N/A |
| Base Size: | 26,38,747 shares (5.01% of Equity) |
| Listing: | BSE, NSE |
| Offer for Sale: | Click Here |
Hazel Infra Limited (āthe Sellerā) is one of the Promoters of Swan Defence And Heavy Industries Ltd (āthe Companyā) proposes to sell up to 26,38,747 Equity Shares of the Company (representing 5.01% of the total issued and paid up Equity Share capital of the Company) (āBase Offer Sizeā), on March 18, 2026, (āT dayā) (for non-Retail Investors only) and on March 19, 2026 (āT+1 dayā) (for Retail Investors (as defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) through a separate designated window of BSE, NSE (Stock Exchange), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the āOfferā).
Swan Defence And Heavy Industries Financial Results
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT |
| 2023 | ā¹7.76 | ā¹1,592.05 | ā¹17,936.93 |
| 2024 | ā¹2.46 | ā¹123.82 | ā¹121.36 |
| 2025 | ā¹17.54 | ā¹196.81 | ā¹181.50 |
About Swan Defence And Heavy Industries
Swan Defence and Heavy Industries Limited (SDHI) is Indiaās largest Shipyard, handling about 30% of Indiaās shipbuilding business. SDHI is located on the west coast of India in Gujarat, serving both national and international clients. Its location helps transport goods easily by sea, rail, air, and road, making logistics easier.
The firm also offers top-class services like building and repairing ships & machines, and doing heavy work for oil & gas, construction equipment, and offshore wind projects. Its shipyard covers 600 acres of land, making it the largest shipbuilding company. SDHI is planning to enter the list of the top 5 shipbuilding countries by 2047. SDHI is a subsidiary of Swan Corp, which is engaged in the manufacturing, defence, energy, and real estate industries.
Swan Defence And Heavy Industries OFS 2026 Broker Details
- JM Financial Ltd.
Contact Us Details
Swan Defence And Heavy Industries Limited
Pipavav Port, Post Ucchaiya
Via-Rajula,
Phone: +91 – 22 – 40587
Email: shipyardcommercial@swan.co.in
Website: https://sdhi.co.in/


