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SWASTIKSME / NSEListed

Swastik Pipe Limited

Incorporated in 1973, Swastik Pipe Limited is a manufacturer and exporter of Mild Steel/Carbon Steel ERW black and galvanized pipes, hollow steel pipes, API pipes, stainless steel tubes, cold-rolled steel strips/coils, swaged tubular poles, and solar structures. The company operates two plants—Unit 1 in Bahadurgarh, Haryana, and Unit 2 in Kotwan, Mathura, Uttar Pradesh—with a combined installed capacity of 2,01,250 MT. Swastik Pipe has diversified into producing solar module mounting structures, transmission towers, steel tubular poles, and specialized solar poles for railways, scaffolding, and formwork. Serving heavy engineering industries in India and abroad, its key customers include HPSCSC Shimla, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and Super Star Steels Pvt. Ltd.

₹100 - ₹1001.35x sub
Listed Price66.00
Listing Gain-34.00%
TimelineBookbuilding IPO
Open29 Sep 2022
Close03 Oct 2022
Allotment07 Oct 2022
Listing11 Oct 2022

Quota Reservation Portions

Market MakerPortion: 3,14,400 shares
5.03%
Nii (hni)Portion: 29,68,800 shares
47.49%
RetailPortion: 29,68,800 shares
47.49%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,20,000
HNI2 lots / 2,400 shares
₹2,40,000

About the Company

Incorporated in 1973, Swastik Pipe Limited is a manufacturer and exporter of Mild Steel/Carbon Steel ERW black and galvanized pipes, hollow steel pipes, API pipes, stainless steel tubes, cold-rolled steel strips/coils, swaged tubular poles, and solar structures. The company operates two plants—Unit 1 in Bahadurgarh, Haryana, and Unit 2 in Kotwan, Mathura, Uttar Pradesh—with a combined installed capacity of 2,01,250 MT. Swastik Pipe has diversified into producing solar module mounting structures, transmission towers, steel tubular poles, and specialized solar poles for railways, scaffolding, and formwork. Serving heavy engineering industries in India and abroad, its key customers include HPSCSC Shimla, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and Super Star Steels Pvt. Ltd.

Company Promoters

Mr. Sandeep BansalSmt. Geeta Devi AggarwalMrs. Anupama BansalMr. Shashwat Bansal