Swara Baby Products, one of the leading manufacturers of baby care products, has submitted its Draft papers on July 2 to the market regulator SEBI to raise ₹1000 crore via its Initial Public Offering (IPO).
As per the draft papers, the firm is planning to raise ₹500 crore via a fresh issue and the remaining ₹500 crore via an Offer-for-Sale component.
In the OFS component, the parent company of FirstCry, Brainbees Solutions Limited, will offload ₹300 crore worth of shares, and Anadya Bon Merchari LLP will sell ₹200 crore worth of shares.
Object to the issue:
- A portion of the IPO proceeds will be used towards establishing a new manufacturing plant.
- Some funds will go towards repayment of outstanding borrowings taken by the company.
- Part of the IPO funds will go into investment in wholly-owned units, Solis Hygiene, Swara Hygiene, and KAEHPL, for debt clearance.
- Lastly, the remaining fund will go for general corporate purposes and Inorganic growth through acquisitions.
Swara Baby Products is one of the leading manufacturers of disposable hygiene products, including baby diapers, adult products, and feminine hygiene products. Its product range includes baby tape-style diapers, baby pant-style diapers, adult tape-style diapers, adult pant-style diapers, sanitary napkins, and panty liners.
The company may also raise ₹100 crore through a pre-IPO placement before the listing. If the pre-IPO placement is completed, the fresh issue size will be reduced by ₹100 crore.
The appointed Merchant Bankers to the issue are JM Financial and Avendus Capital. While MUFG Intime India is the registrar to the IPO.
Swara Baby Products IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Swara Baby Products Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2024 | ₹766.61 | ₹647.93 | ₹93.97 |
| 2025 | ₹959.67 | ₹857.62 | ₹80.67 |
| 2026 | ₹1212.44 | ₹1090.42 | ₹95.59 |
Swara Baby Products IPO Valuation – FY2026
Swara Baby Products 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): | ₹4.24 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 17.28% |
| Net Asset Value (NAV): | ₹22.65 |
Peer Group Comparison
- There are no listed peer companies.
Objects of the Issue
- Part-financing the capital expenditure towards setting up of a new manufacturing facility of the Company at Pithampur, Madhya Pradesh, India (the “Project”);
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company;
- Investment in wholly-owned Subsidiaries, Solis Hygiene, Swara Hygiene and KAEHPL, for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by them; and
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
IPO Lead Managers aka Merchant Bankers
- Avendus Capital Private Limited
- JM Financial Limited
