New Swan Multitech Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

New Swan

CMP

68.11

-1.19 (-1.72%)

  • DRHP
₹66

Offer Price

₹ 33.11 Cr

Issue Size

₹ 1,32,000

Min Investment

2,000

Lot size

Time Line

  • 11
    Jan 2024
    Open
  • 15
    Jan 2024
    Close
  • 16
    Jan 2024
    Finalisation of Basis of Allotment
  • 17
    Jan 2024
    Initiation of Refunds
  • 17
    Jan 2024
    Transfer of Shares to Demat Account
  • 18
    Jan 2024
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Continue to invest in its technological capabilities.

  • Expand its domestic presence in existing and new markets.

  • Geographical reach through marketing network.

  • Focus on consistently meeting quality standards.

  • Maintaining cordial relationship with its Suppliers, Customer and employees.

Products & Services

  • Complex and critical precision engineered components and parts used in automotive sector ("auto components").

  • Agricultural implements designed to meet the diverse needs of modern farming.

Strengths

  • In-house Manufacturing capabilities.

  • Large base of dealers and customers along with strong relationship.

  • Wide Range of Products.

  • Stringent quality control mechanism ensuring standardized product quality.

  • Synergy of young and experienced management team with a committed employee base.

Risks

  • The company depends significantly on the performance of automotive sector (particularly two-wheelers) and agricultural sector in India for sale of its products. Any adverse change in performance of these sectors could adversely affect its business and profitability.

  • The company`s business is dependent on the sale of its products to few key customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • The cyclical and seasonal nature of automotive sales and production could adversely affect its auto-components business.

  • Its agricultural implements business is subject to climatic conditions and is cyclical in nature. Seasonal variations and unfavourable local and global weather patterns may have an adverse effect on its business, results of operations and financial condition.

  • The company depends on third parties for the supply of raw materials and certain finished products and such third parties could fail to meet their obligations, which may have a material adverse effect on its business, results of operations and financial condition.

Company Promoters

Promoters Holding

Issue For IPO
26.38%
Pre Holding

100.00%

Post Holding

73.62%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 145.47 (-2.70%) 151.16 (3.90%) 33.27 (-)
Gross Profit 145.47 (-2.70%) 151.16 (3.90%) 33.27 (-)
Net Income 145.47 (-2.70%) 151.16 (3.90%) 33.27 (-)
Assets 145.47 (-2.70%) 151.16 (3.90%) 33.27 (-)
Liabilities 145.47 (-2.70%) 151.16 (3.90%) 33.27 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
New Swan Multitech Ltd 151.16 9.92 69.54 39.72 33.27 28.34 85.19 1.21 0.56
Sansera Engineering Ltd 2,338.30 146.20 2,462.86 2,462.86 12.51 27.17 223.31 5.93 0.61
Endurance Technologies Ltd 8,804.05 479.58 6,802.45 6,802.45 10.86 34.09 313.67 7.05 0.11
JBM Auto Ltd 3,857.38 124.38 3,537.82 3,537.82 12.11 10.58 86.95 3.51 1.63

Book Running Managers

  • Hem Securities Ltd
  • Share India Capital Services Pvt Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

310 Vardhman Crown Mall Plot#2,
Sector 19 Dt.Court Cmpx Dwarka,
Delhi - 110075
Phone : +91-161-4346000 Email : cs@swanagro.in www.swanagro.in

Offer Related Information

Initial public offer of upto 50,16,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of New Swan Multitech Limited ("The Company" or "NSML" or "The Issuer") at an issue price of Rs. 66 per equity share for cash, aggregating up to Rs. 33.11 crores ("Public Issue") out of which 2,56,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 66 per equity share for cash, aggregating Rs. 1.70 crores was reserved for subscription by the market maker to the issue... More

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: