IPO Trending
SWANAGROSME / BSEListed

New Swan Multitech Limited

Incorporated in 2014, New Swan Multitech Limited specializes in manufacturing precision-engineered components for the automotive and modern farming sectors. The company's automotive product portfolio includes assembly engine hangers, hinge body covers, fuel filler cap components, engine guard plates, brake arm assemblies, and various brackets for two-wheeler and passenger vehicles. In the agricultural sector, it produces rotovators, seeders, potato planters, fertilizer spreaders, disc ploughs, and other farming implements. The company operates manufacturing facilities in Raian, Ludhiana, Punjab, for agricultural equipment and Vithlapur, Ahmedabad, Gujarat, for auto parts. As of September 30, 2023, it offers 300 SKUs and serves clients like Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra in the automotive segment, while distributing agricultural implements through 200 dealers across 11 Indian states. In FY 2023, the company reported an operating income of ₹15,116.04 lakhs.

₹62 - ₹66384.33x sub
Listed Price125.40
Listing Gain+90.00%
TimelineBook Built Issue IPO
Open11 Jan 2024
Close15 Jan 2024
Allotment16 Jan 2024
Listing18 Jan 2024

Quota Reservation Portions

RetailPortion: 16,66,000 shares
33.21%
Nii(hni)Portion: 7,14,000 shares
14.23%
QIBPortion: 9,52,000 shares
18.98%
Market MakerPortion: 2,56,000 shares
5.1%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,32,000
HNI2 lots / 4,000 shares
₹2,64,000

About the Company

Incorporated in 2014, New Swan Multitech Limited specializes in manufacturing precision-engineered components for the automotive and modern farming sectors. The company's automotive product portfolio includes assembly engine hangers, hinge body covers, fuel filler cap components, engine guard plates, brake arm assemblies, and various brackets for two-wheeler and passenger vehicles. In the agricultural sector, it produces rotovators, seeders, potato planters, fertilizer spreaders, disc ploughs, and other farming implements. The company operates manufacturing facilities in Raian, Ludhiana, Punjab, for agricultural equipment and Vithlapur, Ahmedabad, Gujarat, for auto parts. As of September 30, 2023, it offers 300 SKUs and serves clients like Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra in the automotive segment, while distributing agricultural implements through 200 dealers across 11 Indian states. In FY 2023, the company reported an operating income of ₹15,116.04 lakhs.

Company Promoters

Upkar SinghBarunpreet Singh AhujaKanwardeep Singh
New Swan Multitech Limited IPO Details | GMP, Allotment & Financials | IPO Trending