New Swan Multitech (BSE SME)
January 11, 2024 – January 15, 2024
| Price | ₹62 - ₹66 |
| Premium | ₹53 |
|---|---|
| Lot size | 2000 |
| Allotment | Jan 16, 2024 |
| Listing | Jan 18, 2024 |
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Subscription
Last updated on 15 Jan 2024 | 05:54:56 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 952000 | 105380000 | 110.69 |
| HNIs | 714000 | 528418000 | 740.08 |
| Retail | 1666000 | 646798000 | 388.23 |
| Total | 3332000 | 1280596000 | 384.33 |
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹65.57 | @8% ₹74.94 | @9% ₹84.31 | @10% ₹93.68 | @11% ₹103.04 | @12% ₹112.41 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 132000 | 833 |
| HNI | 2 | 4000 | 264000 | 357 |
Incorporated in 2014, New Swan Multitech Limited specialises in the manufacture of precision-engineered components and parts for two sectors: the automotive industry and modern farming.
The company's product portfolio for the automotive industry includes assembly engine hangers, hinge body covers, front cover stay components, fuel filler cap components, main stand complete assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, battery tray components, and many other parts that are important for two-wheeler vehicles.
They also design and manufacture various types of brackets, such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets.
For farming, the company manufactures rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levellers, disc ploughs and many other agricultural implements.
The agricultural components manufacturing facility is located in Raian, Ludhiana, Punjab, while the auto parts manufacturing facility is located in Vithlapur village, Ahmedabad, Gujarat.
As of September 30, 2023, the company's product portfolio comprises 300 SKUs of agricultural equipment and auto parts.
In the automotive industry, the company's customer base includes Honda Motorcycle, Scooter India, MG Motors and Mahindra & Mahindra. On the other hand, the company distributes its agricultural implements to 200 dealers in 11 Indian states, namely Punjab, Rajasthan, Jammu & Kashmir, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand and Maharashtra.
In FY 2023, the operating income of the company amounted to Rs. 15,116.04 lakhs.
New Swan Multitech IPO Details
| Issue Size | 5,016,000 shares (aggregating up to ₹33.11 Cr) |
| Fresh Issue | 5,016,000 shares (aggregating up to ₹33.11 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 14,000,240 |
| Share holding post issue | 19,016,240 |
| Market Maker portion | 256,000 shares Hem Finlease |
New Swan Multitech IPO Reservation
New Swan Multitech IPO offers 3,094,000 shares. 952,000 (30.77%) to QIB, 714,000 (23.08%) to NII, 1,666,000 (53.85%) to RII and 1,428,000 (46.15%) to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,428,000 (46.15%) |
| Market Maker Shares Offered | 256,000 (8.27%) |
| QIB Shares Offered | 952,000 (30.77%) |
| NII (HNI) Shares Offered | 714,000 (23.08%) |
| Retail Shares Offered | 1,666,000 (53.85%) |
| Shares Offered | 3,094,000 (100%) |
New Swan Multitech IPO Anchor Investors Details
New Swan Multitech IPO raises Rs 9.42 crore from anchor investors. New Swan Multitech IPO Anchor bid date is January 10, 2024. New Swan Multitech IPO Anchor Investors list
| Bid Date | January 10, 2024 |
| Shares Offered | 1,428,000 |
| Anchor Portion Size (In Cr.) | 9.42 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 28, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | May 30, 2024 |
New Swan Multitech IPO Lead Manager(s)
- Hem Securities Limited
- Share India Capital Services Private Limited
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 33.27% |
| ROCE | 24.86% |
| Debt/Equity | 1.31 |
| RoNW | 33.27% |
| P/BV | 0 |
Company Financials
New Swan Multitech Limited Financial Information (Restated)
New Swan Multitech Limited's revenue increased by 4.05% and profit after tax (PAT) rose by 173.15% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 13,801.10 | 12,876.43 | 12,348.80 | 11,769.68 |
| Revenue | 7,788.21 | 15,142.17 | 14,552.40 | 14,960.55 |
| Profit | 497.53 | 991.93 | 363.14 | 342.63 |
| Net Worth | 3,479.28 | 2,981.75 | 1,989.82 | 1,626.68 |
| Reserves | 2,079.26 | 2,631.74 | 1,639.81 | 1,276.67 |
| Borrowing | 4,799.12 | 3,915.70 | 4,800.59 | 4,580.55 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
New Swan Multitech Limited
310, Vardhman Crown Mall, Plot No. 2, Sector-19,
District Court Complex, Dwarka
New Delhi, South West Delhi - 110 075
Phone: +91-161-4346000
Email: cs@swanagro.in
Website: https://www.swanagro.in/