23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

Swastik Pipe Limited IPO (Swastik Pipe IPO) Details

Swastik Pipe Limited is an Steel - Tubes And Pipes based company, located in New Delhi, Swastik Pipe Limited IPO size was 62.52 Cr. and was issued at 100.00 per share. The share of Swastik Pipe Limited were listed at 69.30 per share and are currently trading at 51.45 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
612.20 Cr.

PAT :
20.41 Cr.

Pricing Report

Issue Price :
100.00

Listing Price :
69.30

Current Market Price :
51.45

Issue Price vs CMP :
48.55 (48.55%)

listing Price vs CMP :
17.85 (25.76%)

Performance Report (CAGR* wise)

CAGR : -24.9
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Swastik Pipe

Company Information
Swastik Pipe is manufacturers and exporters 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, Solar Structure. The Company use raw material of premium quality i.e. prime steel from SAIL - Steel Authority of India Limited, Tata Steel Limited and high purity zinc is being sourced from Hindustan Zinc Limited, which makes it comfortable to supply the quality material all over the world. At present, they have highly sophisticated and technically competent plants are 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 of 2,01,250 MT as on date
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Object of Issue
  • To meet out the Working Capital requirements of the Company
  • To meet out the General Corporate Purposes
  • To meet out the Issue Expenses

Swastik Pipe SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2022
IPO Size :
62.52 Cr.
Market Cap :
232.32 Cr.   
IPO Subscription :
1.35 X     
PE Multiple :
11.38
IPO Registrar:
Skyline Financial Services Private Limited
Anchor Investors:

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FAQs

Swastik Pipe operates in Steel - Tubes And Pipes and . The Issue is listed on NSE EMERGE in Oct, 2022. Swastik Pipe IPO size was 62.52 Cr. with Issue price of 100.00 .

Swastik Pipe IPO subscription was 1.35 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.

Swastik Pipe IPO listed at a listing price of 69.30 against the offer price of 100.00.

The current market price of Swastik Pipe is 51.45.

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