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SWASTIKSME / NSEListed
Swastik Pipe

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.

DRHP
₹100 - ₹1001.35x sub
Listed Price₹66.00
Listing Gain-34.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open29 Sep 2022
Close03 Oct 2022
Allotment07 Oct 2022
Listing11 Oct 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker3,14,400 shares
5.03%
Nii (hni)29,68,800 shares
47.49%
Retail29,68,800 shares
47.49%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,20,000
HNI2 Lots (2,400 shares)
₹2,40,000

Company Promoters

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

Company Background

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, Ut...

Lead Managers & Bankers

Corporate Capitalventures Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19 )₹72756.38 Cr
Growth+88.5%
Revenue Trend (₹ in Crores)
0.027.9k55.8k83.7kNov-21 Mar-21 Mar-20 Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-19 72756.38467.9735607.650
Mar-20 65807.21-1389.25 33650.760
Mar-21 52384.8148.6433625.880
Nov-21 38601.64202.1933125.380

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
07 Oct 2022
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
11 Oct 2022

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Swastik Pipe. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization07 Oct 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 Oct 2022Trading commences on exchange

How to Check Swastik Pipe Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Swastik Pipe from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Swastik Pipe IPO

Complete issue overview for Swastik Pipe (SWASTIK) IPO. The issue features an equity share price band of ₹100 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions