58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

New Swan Multitech Limited IPO (New Swan Multitech IPO) Detail

New Swan Multitech IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Engineering - Automotive sector. Hem Securities is the merchant banker of New Swan Multitech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2023.

New Swan Multitech IPO open date is 11th January 2024 and close date is 15th January 2024. IPO Allotment Date is 16th January 2024 and Listing date is 18th January 2024.

IPO Category : SME
Exchange : BSE SME
Issue Type : Book Building

New Swan Multitech IPO Date

Date of DRHP:
30th September 2023
IPO Allotment Date:
16th January 2024
IPO Open Date:
11th January 2024
Initiation of Refund:
17th January 2024
IPO Closing Date:
15th January 2024
IPO Listing Date:
18th January 2024

New Swan IPO Info, Size, Subscription

New Swan Multitech IPO size is Rs 33.11 Cr. crores with IPO price of Rs 66.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 33.11 Cr.

Issue Price:
₹ 66.00

Market Capitalisation :
₹ 125.51 Cr.

PE multiple :
12.65

Subscription :
384.26 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.62%

New Swan Multitech IPO Information

Sub Sector : manufacture, procure and supply a range of precision machined tubular assemblies
Incorporated in 2014, New Swan Multi-tech is an engineering-led manufacturer of (i) complex and critical precision engineered components and parts used in automotive sector (“auto components”) and (ii) agricultural farm machineries designed to meet the diverse needs of modern farming (“agricultural implements”). Within the automotive sector, they manufacture, procure and supply a range of precision machined tubular assemblies, welded assemblies, precision brackets and sheet metal parts. Their wide range of offerings in this segment includes link assembly engine hangers, hinge body covers, front cover stay components, seat catch components, fuel filler cap components, main stand complete assemblies, front fender stay assemblies, engine guard plates, rear brake arm assemblies, separator breather, cable guide assemblies, battery tray components and many other parts, that are critical for the
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Object of Issue (New Swan IPO Objectives)

  • Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana
  • Repayment of a portion of certain borrowing availed by the company
  • To meet working capital requirements
  • General Corporate Purposes

Hem Securities Limited is the book-running lead manager of the New Swan Multitech IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for New Swan Multitech IPO.

New Swan IPO Market Maker

Hem Finlease Private Limited

New Swan IPO Registrar (RTA)

Bigshare Services Private Limited

New Swan IPO Lead Manager (BRLM)

Hem Securities Limited

New Swan Multitech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.

Anchor Investors in New Swan IPO

No. of Anchor Investors: 7

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Rajasthan Global Securities 304,000.00 ₹66.00 ₹20,064,000.00
Meru Investment Fund 202,000.00 ₹66.00 ₹13,332,000.00
LRSD Securities Private 202,000.00 ₹66.00 ₹13,332,000.00
Persistent Growth Fund- 202,000.00 ₹66.00 ₹13,332,000.00
LC Radiance Fund 158,000.00 ₹66.00 ₹10,428,000.00
Astrone capital VCC 202,000.00 ₹66.00 ₹13,332,000.00
VPK Global Ventures 158,000.00 ₹66.00 ₹10,428,000.00

New Swan Multitech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is New Swan Multitech IPO?

New Swan Multitech IPO, based in New Delhi, operates in the   Engineering - Automotive sector with a focus on manufacture, procure and supply a range of precision machined tubular assemblies. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. New Swan Multitech IPO size is ₹ 33.11 Cr. Crores with fresh issue size of Rs 33.11 Cr. Crores and Offer for sale being Nil.

When is New Swan IPO allotment?

The IPO allotment date for New Swan Multitech IPO is expected to be 16th January 2024, after the finalization of basis of allotment. Investors can check New Swan Multitech IPO allotment status on the registrars website, Bigshare Services Private Limited. New Swan Multitech IPO refund dates are 17th January 2024.

When is New Swan Multitech IPO listing date?

New Swan Multitech IPO is expected to be listed on 18th January 2024.

What is the price band for New Swan IPO?

The upper price band for the New Swan Multitech IPO is set at ₹ 66.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is New Swan Multitech IPO Review?

For IPO analysis on New Swan Multitech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for New Swan Multitech IPO?

To apply for the New Swan Multitech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th January 2024. After submission, funds are blocked until the basis of allotment of New Swan Multitech IPO is finalised.

Who is the merchant banker of New Swan IPO?

The merchant banker for New Swan Multitech IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the New Swan Multitech IPO RHP for further details.

Who is the Registrar of New Swan Multitech IPO?

The registrar for New Swan Multitech IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to New Swan Multitech IPO through their official website or helpline.

What is the New Swan Multitech IPO subscription?

New Swan Multitech IPO was subscribed 384.26 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 33.11 Cr. Avg IPO Size (Sector Based) : ₹ 34.62 Cr.
  • Sector: Engineering - Automotive SME IPO so far: 19
  • Merchant Banker: Hem Securities SME IPO by BRLM so far: 47
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 155.76 cr.
            PAT: (annualised): ₹ 9.96 cr.
  • PE Ratio: 12.65x Average Sector PE Ratio: 19.15x
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FAQs

New Swan Multitech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on New Swan Multitech Financial Review Page

New Swan Multitech IPO subscription was 384.26 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

New Swan Multitech IPO listed at a listing price of 131.67 against the offer price of 66.00.

The current market price of New Swan Multitech is 53.99.

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