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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹33.11 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹33.11 Cr |
| Fresh Issue | ₹31.42 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹62.00-66.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544082 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2014, New Swan Multitech Limited specialises in the manufacture of precision-engineered components and parts for two sectors: the automotive industry and modern farming.
The company's product portfolio for the automotive industry includes assembly engine hangers, hinge body covers, front cover stay components, fuel filler cap components, main stand complete assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, battery tray components, and many other parts that are important for two-wheeler vehicles.
They also design and manufacture various types of brackets, such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets.
For farming, the company manufactures rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levellers, disc ploughs and many other agricultural implements.
The agricultural components manufacturing facility is located in Raian, Ludhiana, Punjab, while the auto parts manufacturing facility is located in Vithlapur village, Ahmedabad, Gujarat.
As of September 30, 2023, the company's product portfolio comprises 300 SKUs of agricultural equipment and auto parts.
In the automotive industry, the company's customer base includes Honda Motorcycle, Scooter India, MG Motors and Mahindra & Mahindra. On the other hand, the company distributes its agricultural implements to 200 dealers in 11 Indian states, namely Punjab, Rajasthan, Jammu & Kashmir, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Jharkhand and Maharashtra.
In FY 2023, the operating income of the company amounted to Rs. 15,116.04 lakhs.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian, Ludhiana | 3.90 |
| 2 | Repayment of a portion of certain borrowing availed by the Company | 8.00 |
| 3 | To meet working capital requirements | 15.50 |
| 4 | General Corporate Purpose | 1.45 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 138.01 | 128.76 | 123.49 | 117.70 |
| Total Income | 77.88 | 151.42 | 145.52 | 149.61 |
| Profit After Tax | 4.98 | 9.92 | 3.63 | 3.43 |
| NET Worth | 34.79 | 29.82 | 19.90 | 16.27 |
| Reserves and Surplus | 20.79 | 26.32 | 16.40 | 12.77 |
| Total Borrowing | 47.99 | 39.16 | 48.01 | 45.81 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 33.27% |
| ROCE | 24.86% |
| Debt / Equity | 1.31% |
| RoNW | 33.27% |
| PAT Margin | 6.56% |
| Price to Book Value | 0.00 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 7.09 | 5.22 |
| P/E (x) | 9.32 | 12.65 |
| Promoter Holding | 100% | 73.62% |
| Market Cap | ₹125.51 Cr. | |
