New Swan Multitech Limited IPO

11 Jan 2024 - 15 Jan 2024 Individual Category SME IPO NSE

Min Investment

₹248000

Price Band

₹62-₹66

Issue Size

50.16 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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11 Jan 2024

Open Date

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15 Jan 2024

Close Date

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16 Jan 2024

Allotment Date

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18 Jan 2024

Listing Date

Subscriptions for the New Swan Multitech IPO opened on January 11, 2024, and will end today, January 15, 2024. On Tuesday, January 16, 2024, the allotment for the New Swan Multitech IPO is anticipated to be completed. On Thursday, January 18, 2024, the New Swan Multitech IPO is tentatively scheduled to list on BSE SME. The pricing range for the New Swan Multitech IPO is ₹62–₹66 per share. Applications must have a minimum lot size of 2000 shares. Retail investors must deposit a minimum of ₹132,000. HNI requires a minimum investment of two lots, or 4,000 shares, totaling ₹264,000.

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About New Swan Multitech Limited Ipo

Founded in 2014, New Swan Multitech Limited is a manufacturer specializing in parts and components with precise engineering for two markets: modern farming and the automotive industry. 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 crucial for two-wheeler vehicles are among the company's automotive industry product offerings. Additionally, they design and produce a variety of brackets, including floor panel brackets, fuse block brackets, exhaust tailpipe brackets, cooling recovery reservoir brackets, and passenger car air cleaner inlet hose brackets.

Founded

Managing Director

Parent Organization

IPO Objectives

The following details are proposed as to how the Net Proceeds would be used: Financing of capital expenses for the acquisition of specific equipment for the current production facility in Raian, Ludhianapartial repayment of a loan that the business took outTo satisfy the needs for working capitalCorporate Goals in General.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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How to Apply for IPO

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IPO Allotment

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