Swaraj Suiting IPO
subscription status is to start from March 15, 2022, Tuesday. The company to raise ₹10.68 crores via SME IPO at a price band of ₹56
. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on March 15, 2022, Tuesday. The IPO bid for the IPO is 2000 shares that cost ₹112,000 for 1 lot
. The face value is ₹10
per equity share. Swaraj Suiting was incorporated in 2003 based in Bhilwara, Rajasthan. The company’s main objective of manufacturing, trading, and dealing in textiles. They have their manufacturing unit in Bhilwara Rajasthan. They are manufacturers of cotton & synthetic fabric, doing weaving job work and trading of finished fabric, grey fabric, and yarn. The company reported ₹60.22 crores of revenues
in 2021 against ₹80.65 crores in 2020. The company’s financial report looks good
while profit is fine as per the revenues for last few years. Please check the Swaraj Suiting IPO subscription status details over here.