Swaraj Suiting Limited IPO
NSE SMEListed On: Mar 28, 2022 at ₹ 56.0
₹ 112000 /2000 Shares
Check AllotmentIPO Details
15 Mar, 2022
Open Date17 Mar, 2022
Close Date23 Mar, 2022
Allotment Date28 Mar, 2022
Listing DateIssue Price
₹56 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
56.0Listing Date
2022-03-28Market Lot
2000 Shares (₹112,000/-)Lead Manager
Finshore Management Services LimitedIssue Size
1,908,000 Eq Shares of ₹10(aggregating up to ₹10.68 Cr)Retail Portion
N/ASubscription
12.13 timesIPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 904,000 | 908,000 | 1,812,000 |
| Day 1 - 15-03-22 06:00 PM | 1.86 x | 0.93 x | 1.39 x |
| Day 2 - 16-03-22 06:00 PM | 2.36 x | 3.59 x | 2.97 x |
| Day 3 - 17-03-22 06:00 PM | 13.81 x | 10.46 x | 12.13 x |
Valuations
Earnings Per Share (EPS)
₹6.00/-P/E Ratio
N/ARoNW
6.99%Net Asset Value (NAV) - Post Issue
₹80.83/-Company Financials All values are in ₹ Cr.
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 91.62 | 91.71 | 97.04 | 93.73 |
| Revenue | 81.71 | 60.21 | 80.65 | 76.41 |
| Profit After Tax | 1.91 | 2.67 | 3.54 | 2.18 |
About The Company
Incorporated in 2003, Swaraj Suiting Limited manufactures, produces, and supplies textile products. The firm mainly operates in three key business verticals; Manufacturing of Grey Fabric, Weaving on Job Work basis, and Trading of Finished Fabric, Grey Fabric, and Yarn.Initially, the company was engaged in the manufacturing of cotton/synthetic fabrics but later shifted to trading in the synthetic fabric in 2009 by selling off its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited. The business re-entered into manufacturing Cotton and Synthetic fabric in 2011 and started commercial operations in January 2013.Its manufacturing facility is situated at Bhilwara, Rajasthan, having a total production capacity of approx. 1.50 million meters of fabric per month. It is also in the process of setting up a denim processing plant at Neemuch, Madhya Pradesh (MP).
Read More- Promoter(s)
Pre Issue Share Holding: 99.74%
Post Issue Share Holding: 73.31%
Company Promoter(s)
- Mr. Mohammed Sabir Khan
- Mrs. Samar Khan
- Mr. Nasir Khan
IPO - Issue Objectives
- To meet the working capital requirements for the new expansion of production capacity at Neemuch, Madhya Pradesh
- Meet issue related expense.
- General Corporate Purpose.
IPO - FAQs
Ans. Swaraj Suiting Limited IPO is a SME IPO. The issue is priced at ₹56 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 15, 2022, and closes on Mar 17, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Swaraj Suiting Limited IPO opens on Mar 15, 2022 and closes on Mar 17, 2022.
Ans. The size of Swaraj Suiting Limited IPO is 1,908,000 Eq Shares of ₹10(aggregating up to ₹10.68 Cr).
Ans. The IPO price band is set between ₹56 per equity share.
Ans. To apply for Swaraj Suiting Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Swaraj Suiting Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Swaraj Suiting Limited IPO is Mar 23, 2022.
Ans. The Swaraj Suiting Limited IPO will be listed on Mar 28, 2022.
Ans. Follow the steps to check the allotment status for Swaraj Suiting Limited IPO here.
