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.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.
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 Multitech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 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.
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.
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.
New Swan Multitech IPO is expected to be listed on 18th January 2024.
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.
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.
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.
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.
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.
New Swan Multitech IPO was subscribed 384.26 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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
Merchant Banker(s) of New Swan Multitech IPO: Hem Securities Limited
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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