| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹62.52 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹62.52 Cr |
| Fresh Issue | ₹59.38 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹97.00-100.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | SWASTIK |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Corporate Capital Ventures Pvt.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: 1,200 shares and in multiples thereof
Incorporated in 1973, Swastik Pipe Limited is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.
The company has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating 2,01,250 MT.
Swastik Pipe has diversified its Manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork.
Swastik Pipe Ltd is one of the oldest manufacturers and suppliers of steel pipes and tubes to various heavy engineering industries in India and abroad. The company's customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD., among others.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 50.00 |
| 2 | General Corporate Purposes | 7.89 |
| 3 | Issue Expenses | 4.63 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 341.27 | 336.26 | 336.51 | 356.08 |
| Total Income | 612.20 | 523.84 | 658.07 | 727.56 |
| Profit After Tax | 20.41 | 1.49 | -13.89 | 4.68 |
| NET Worth | 141.69 | 81.30 | 79.81 | 93.70 |
| Reserves and Surplus | 124.71 | 72.09 | 70.61 | 84.50 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 14% |
| ROCE | 12% |
| Debt / Equity | 0.80% |
| RoNW | 14.41% |
| PAT Margin | 3.00% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 14.19 | |
| P/E (x) | 11.38 | |
| Promoter Holding | 88.27% | 64.51% |
| Market Cap | ₹232.32 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission | 4.43 |
| 2 | Brokerage, selling commission and upload fees | |
| 3 | Registrars to the issue | 0.01 |
| 4 | Legal Advisors | 0.03 |
| 5 | Advertising and marketing expenses | 0.03 |
| 6 | Regulators including stock exchanges | 0.06 |
| 7 | Printing and distribution of issue stationary | 0.03 |
| 8 | Others, if any (to be specified). Advisor to Issue, Peer Review Auditor & Statutory Auditor & other misc. expenses | 0.06 |
Last Updated on 13-May-2026 10:31:38