| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹10.68 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹10.68 Cr |
| Fresh Issue | ₹10.15 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน56.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SWARAJ |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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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 2003, Swaraj Suiting Limited manufactures, produces, and supplies textile products. The firm mainly operates in three key business verticals; Manufacturing of Grey Fabric, Weaving on Job Work basis, and Trading of Finished Fabric, Grey Fabric, and Yarn.
Initially, the company was engaged in the manufacturing of cotton/synthetic fabrics but later shifted to trading in the synthetic fabric in 2009 by selling off its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited. The business re-entered into manufacturing Cotton and Synthetic fabric in 2011 and started commercial operations in January 2013.
Its manufacturing facility is situated at Bhilwara, Rajasthan, having a total production capacity of approx. 1.50 million meters of fabric per month. It is also in the process of setting up a denim processing plant at Neemuch, Madhya Pradesh (MP).
Competitive strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working capital requirements for new project | 9.55 |
| 2 | Issue related expenses | 0.50 |
| 3 | General corporate purposes | 0.63 |
| Period Ended | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 91.62 | 91.72 | 97.04 | 93.73 |
| Total Income | 81.72 | 60.22 | 80.65 | 76.42 |
| Profit After Tax | 1.91 | 2.67 | 3.54 | 2.19 |
| EBITDA | 5.25 | 7.35 | 11.30 | 10.37 |
| NET Worth | 45.19 | 38.24 | 30.74 | 26.11 |
| Reserves and Surplus | 42.68 | 36.01 | 28.81 | 24.17 |
| Total Borrowing | 38.13 | 41.88 | 49.14 | 55.89 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| RoNW | 6.99% |
| EBITDA Margin | 12.21% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 11.99 | |
| P/E (x) | 10.55 | |
| Promoter Holding | 99.74% | 73.31% |
| Market Cap | โน40.32 Cr. | |
| # | Issue Expenses | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including other intermediaries Fees | 0.28 |
| 2 | Regulators Including Stock Exchanges | 0.16 |
| 3 | Advertising and Marketing Expenses | 0.05 |
| 4 | Printing and distribution of Issue Stationary | 0.01 |
Last Updated on 13-May-2026 10:31:37