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Swastik Pipe IPO Date, GMP, Price, Review, Allotment

Swastik Pipe IPO

Table of Contents

Swastik Pipe IPO date is fixed, The IPO will open on September 29 and will close on October 3, 2022. Swastik Pipe is an NSE SME IPO to raise ₹62.52 crores via IPO. The Swastik Pipe IPO price band is fixed at ₹97 to ₹100 with a market lot of 1200 shares.

Swastik Pipe Limited is one of the leading manufacturers and exporters of T.T.swastik Band high-quality Mild Steel/Carbon Steel ERW Black and Galvanized Pipes/ Tubes Since 1973. They are also manufacturing LINE PIPES as per APL Spec.5L since December 2005. They offer steel pipes and tubes in various shapes and sizes such as square, round, rectangular, triangular, elliptical, or any special shapes.

The company is a supplier of steel pipes and tubes to various heavy engineering industries in India and abroad. They have 2 plants at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with a capacity of 2,01,250 MT. Swastik Pipe diversified in Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles, and Solar Poles Special Structure for Railways, Scaffolding, and Formwork manufacturing. Some of the customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD., among others.

Objects of the Issue:

  • To meet out the Working Capital requirements of the Company.
  • To meet out the Issue Expenses.
  • General Corporate Purposes.

Swastik Pipe IPO Review

  • Avoid

Swastik Pipe IPO GMP Live Rates day by day with Kotak rates.

DateGMPKostakSubject to
12 October₹10₹-₹15000

Swastik Pipe IPO Date & Price Band Details

Swastik Pipe IPO Open:September 29, 2022
Swastik Pipe IPO Close:October 3, 2022
Swastik Pipe IPO Size:Approx ₹62.52 Crores, 6,252,000 Equity Shares
Face Value:₹10 Per Equity Share
Swastik Pipe IPO Price Band:₹97 to ₹100 Per Equity Share
Swastik Pipe IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Swastik Pipe IPO Market Lot

The Swastik Pipe IPO minimum market lot is 1200 shares with a ₹120,000 application amount.

Minimum IPO Lot Size:Minimum 1200 shares for 1 lot
Minimum Amount:₹120,000 for 1 lot

Swastik Pipe IPO Dates

The Swastik Pipe IPO date is September 29 and the IPO close date is October 3. The IPO allotment date is October 7 and the IPO might list on October 12.

Swastik Pipe IPO Open Date:September 29, 2022
Swastik Pipe IPO Close Date:October 3, 2022
Basis of Allotment:October 7, 2022
Refunds:October 10, 2022
Credit to Demat Account:October 11, 2022
Swastik Pipe IPO Listing Date:October 12, 2022

You can check Swastik Pipe IPO subscription status and Swastik Pipe IPO allotment status on their respective pages.

Swastik Pipe IPO Form

How to apply Swastik Pipe IPO? You can apply Swastik Pipe IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Swastik Pipe IPO in the Invest section. The other option you can apply Swastik Pipe IPO via IPO forms download via the NSE website. Check out the Swastik Pipe forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Swastik Pipe Company Financial Report

₹ in Crores
RevenueExpensePAT
2020₹658₹679-₹13.89
2021₹524₹522₹1.48
2022₹612₹606₹20.41

Swastik Pipe IPO Valuation – FY2022

Check Swastik Pipe 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):₹14.19 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):14.41%
Net Asset Value (NAV):₹83.45 per Equity Share

Peer Group

  • HFCL Limited
  • Indus Towers Limited

Company Promoters

  • Rama Steel Tubes Limited
  • Hi-tech Pipes Limited
  • Hariom pipes Industries Limited
  • APL Apollo Tubes Limited
  • Venus Pipes and Tubes Limited
  • Good Luck India Limited

Swastik Pipe IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/

Swastik Pipe IPO Allotment Status

Check Swastik Pipe IPO allotment status on Skylinerta website URL. Click Here

Swastik Pipe IPO Lead Managers

  • Corporate Capital Ventures Pvt Ltd

Company Address

Swastik Pipe Limited
2, Arihant Nagar,
Punjabi Bagh (W),
New Delhi 110026
Phone: +91-11-35453545
Email: [email protected]
Website: https://swastikpipes.com/

Swastik Pipe IPO FAQs


What is Swastik Pipe IPO?

Swastik Pipe IPO is an NSE SME IPO. They are going to raise ₹62.52 Crores via IPO. The issue is priced at ₹97 to ₹100 per equity share. The IPO is to be listed on NSE.

When Swastik Pipe IPO will open?

The IPO is to open on September 29, 2022 for NII, and Retail Investors.

What is Swastik Pipe IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Swastik Pipe IPO?

You can apply Swastik Pipe IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Swastik Pipe 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 “Swastik Pipe”. 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 Swastik Pipe IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Swastik Pipe”. 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 Swastik Pipe IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Swastik Pipe”. 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.

What is Swastik Pipe IPO Size?

Swastik Pipe IPO size is ₹62.52 crores.

What is Swastik Pipe IPO Price Band?

Swastik Pipe IPO Price Band is ₹97 to ₹100 per equity share.

What is Swastik Pipe IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹120,000.

What is Swastik Pipe IPO Allotment Date?

Swastik Pipe IPO allotment date is October 7, 2022.

What is Swastik Pipe IPO Listing Date?

Swastik Pipe IPO listing date is October 12, 2022. The IPO to list on NSE SME.

Note: The Swastik Pipe IPO details are announced officially. The IPO grey market premium (Swastik Pipe IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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