Swastik Pipe Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

29 Sep 2022

Close Date

03 Oct 2022

Allotment

07 Oct 2022

Listing Date

12 Oct 2022

Exchange

NSE SME

Price Band

₹100

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹100

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

62,52,000 shares (aggregating up to ₹62.52 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

1,69,79,460 shares

Promoters

Post-IPO Holding

2,32,31,460 shares

Promoters

P/E (Pre)

11.38x

UPI Deadline

2022-10-03

Mandate

Anchor AllotmentWed, 28 Sep 2022

Basis of AllotmentFri, 07 Oct 2022

Refund InitiationMon, 10 Oct 2022

Demat CreditTue, 11 Oct 2022

Listing DayWed, 12 Oct 2022

UPI Mandate Deadline2022-10-03

Sale TypeFresh Capital

Net Offer to Public59,37,600 shares (aggregating up to ₹59.38 Cr)

Market Maker Quota3,14,400 shares (aggregating up to ₹3.14 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Swastik Pipe Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Oct 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	314,400	—	₹3.14
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,252,000	100%	₹62.52

IPO Shares Offered

Swastik Pipe Ltd. IPO total issue size: ₹62.52 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	314,400	₹3.14	5.03%
Total	6,252,000	₹62.52	100.00%

* Based on upper price band ₹100 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹100.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹240,000
Retail (Max — 13 Lots)	13	15,600	₹1,560,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,680,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,160,000

* Issue Price ₹100 × Lot Size 1,200 shares

IPO Schedule

Anchor

28 Sep 2022

✓ Done

IPO Open

29 Sep 2022

✓ Done

IPO Close

03 Oct 2022

✓ Done

Allotment

07 Oct 2022

✓ Done

Refunds

10 Oct 2022

✓ Done

Demat Credit

11 Oct 2022

✓ Done

Listing Day

12 Oct 2022

✓ Done

₹100.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹100.00 Live Price

About Swastik Pipe Ltd.

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.

Objects of the Issue

1 Working Capital Requirement

2 General Corporate Purposes

3 Issue Expenses

Swastik Pipe Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹52,383.9

31-Mar-21

₹65,807.2

31-Mar-20

₹72,756.4

31-Mar-19

Profit After Tax (PAT)

₹148.6

31-Mar-21

-₹1,389.3

31-Mar-20

₹468.0

31-Mar-19

Particulars	31-Mar-19	31-Mar-20	31-Mar-21
Revenue from Operations	72756.38	65807.21	52383.88
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	467.97	-1389.25	148.64
Net Worth	9370.13	7980.91	8129.51
Total Assets	35607.65	33650.76	33625.88
Reserves & Surplus	8450.03	7060.78	7209.42
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered62,52,000 (100.00%)

Net Offer to Public59,37,600 shares (aggregating up to ₹59.38 Cr)

Reserved for Market Maker3,14,400 shares (aggregating up to ₹3.14 Cr)

Pre-Issue Promoter Holding1,69,79,460 shares

Post-Issue Promoter Holding2,32,31,460 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022

compliances@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Corporate Capitalventures Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Swastik Pipe Ltd. IPO subscribed? ▲

Swastik Pipe Ltd. IPO is subscribed 1.00 times by Oct 03, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Swastik Pipe Ltd. IPO retail subscription status? ▼

The Swastik Pipe Ltd. IPO retail category is subscribed 1.00 times as of 03 Oct 2022. The retail portion is oversubscribed.

How to subscribe Swastik Pipe Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2022 and closes 03 Oct 2022. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2022-10-03.

How many times Swastik Pipe Ltd. IPO subscribed? ▼

The Swastik Pipe Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Swastik Pipe Ltd. IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Oct 2022. Refunds: on 10 Oct 2022.

When Swastik Pipe Ltd. IPO will be listed? ▼

The Swastik Pipe Ltd. IPO listing date is 12 Oct 2022, Wednesday. Listed on: NSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Swastik Pipe Ltd. IPO close? ▼

The Swastik Pipe Ltd. IPO closes on 03 Oct 2022, Monday. UPI mandate: 2022-10-03. Allotment: 07 Oct 2022. Listing: 12 Oct 2022.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹100.00

Change—

Issue Price₹100.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹100

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹100

Subscribed1.00x

Open Date29 Sep 2022

Close Date03 Oct 2022

Allotment07 Oct 2022

Listing Date12 Oct 2022

ExchangeNSE SME

UPI Deadline2022-10-03