IPO

Swastik Pipe Limited IPO

NSE SME

Listed On: Oct 12, 2022 at ₹ 66.00

₹ 120000 /1200 Shares

Check Allotment

Swastik Pipe Limited IPO Details

29 Sep, 2022

Open Date

03 Oct, 2022

Close Date

07 Oct, 2022

Allotment Date

12 Oct, 2022

Listing Date

Issue Price

₹97-100 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

66.00

Listing Date

2022-10-12

Market Lot

1200 Shares (₹120,000/-)

Lead Manager

Corporate CapitalVentures Pvt Ltd

Issue Size

6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr)

#Fresh Issue :6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr)

Retail Portion

N/A

Subscription

1.35 times

IPO Docs

DRHP RHP

Swastik Pipe Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved2,968,8002,968,8005,937,600
Day 1 - 29-09-22 06:00 PM0.56 x0.09 x0.33 x
Day 2 - 30-09-22 06:00 PM0.76 x0.22 x0.49 x
Day 3 - 03-10-22 06:00 PM1.29 x1.33 x1.35 x

Swastik Pipe Limited Valuations

Earnings Per Share (EPS)

₹14.19/-

P/E Ratio

N/A

RoNW

14.41%

Net Asset Value (NAV) - Post Issue

₹83.45/-

Swastik Pipe Limited Company Financials All values are in ₹ Lakh

31-Mar-2231-Mar-2131-Mar-2031-Mar-19
Assets34127.2133625.8833650.7635607.65
Revenue61219.7752383.8865807.2172756.38
Profit After Tax2041.11148.64-1389.25467.97

About The Company

Incorporated in 1973, Swastik Pipe Limited is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.
The company has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating 2,01,250 MT.
Swastik Pipe has diversified its Manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork.
Swastik Pipe Ltd is one of the oldest manufacturers and suppliers of steel pipes and tubes to various heavy engineering industries in India and abroad. The company's customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD., among others.

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Swastik Pipe Limited - Promoter(s)

Pre Issue Share Holding: 88.27%

Post Issue Share Holding: 64.51%

Company Promoter(s)

  1. Mr. Sandeep Bansal
  2. Smt. Geeta Devi Aggarwal
  3. Mrs. Anupama Bansal
  4. Mr. Shashwat Bansal

Swastik Pipe Limited IPO - Issue Objectives

  1. To meet out the Working Capital requirements of the Company.
  2. To meet out the General Corporate Purposes.
  3. To meet out the Issue Expenses.

Swastik Pipe Limited IPO - FAQs

Ans. Swastik Pipe Limited IPO is a SME IPO. The issue is priced at ₹97-100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 29, 2022, and closes on Oct 3, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Swastik Pipe Limited IPO opens on Sep 29, 2022 and closes on Oct 3, 2022.

Ans. The size of Swastik Pipe Limited IPO is 6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr) #Fresh Issue :6,252,000 shares of ₹10(aggregating up to ₹62.52 Cr).

Ans. The IPO price band is set between ₹97-100 per equity share.

Ans. To apply for Swastik Pipe Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Swastik Pipe 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 Swastik Pipe Limited IPO is Oct 7, 2022.

Ans. The Swastik Pipe Limited IPO will be listed on Oct 12, 2022.

Ans. Follow the steps to check the allotment status for Swastik Pipe Limited IPO here.