Swastik Pipe Limited IPO Date, Review, and Details (Swastik Pipe Limited IPO)
The IPO is an NSE SME IPO. They are going to raise ₹62.57 Crores via IPO. The issue is a price range of ₹97 to ₹100 per equity share. The IPO is to be listed on NSE.
Swastik Pipes Ltd. Established in 1973, Swastik Pipes Ltd. is a manufacturer of Mild Steel/Carbon Steel ERW Black & Galvanized Pipes, Cold Rolled Steel (CR) Strips/Coils, Hello Steel Pipes, API Pipes, Stainless Steel Tubes, Swayed Type Tubular Poles, and exporter. and solar structure.
Swastik Pipes Limited Company has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit No. 1) and Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) With an installed capacity of 2,01,250 MT in total, both the plant units.
Swastik Pipes Limited has diversified its manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structures, Scaffolding and Formwork for Railways.
Swastik Pipes Limited Company is one of the oldest manufacturers and suppliers of Steel Pipes & Tubes for various heavy engineering industries in India and abroad. The company’s clients include HPSCSC, Shimla, Vindhya Telelinks Limited, Harsh Steel Pipes, Mnet Pipes Private Limited, and Super Star Steels (P) Limited.
What is the official website of Swastik Pipe Limited IPO?
Swastik Pipe Limited Official Website is https://swastikpipes.com/
What is the registered address of Swastik Pipe Limited IPO?
Swastik Pipe Limited
2, Arihant Nagar,
Punjabi Bagh (W),
New Delhi 110026
Phone: +91-11-35453545
Email: cs@swastikpipes.com
Website: https://swastikpipes.com/
Swastik Pipe Limited IPO Financial Information
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | |
|---|---|---|---|---|---|
| 31-Mar-19 | 35607.65 | 72756.38 | 467.97 | 9370.13 | |
| 31-Mar-20 | 33650.76 | 65807.21 | -1389.25 | 7980.91 | |
| 31-Mar-21 | 33625.88 | 52383.88 | 148.64 | 8129.51 | |
| 31-Mar-22 | 34127.21 | 61219.77 | 2041.11 | 14169.42 | |
| Amount in ₹ Lakhs | |||||
Swastik Pipe Limited IPO Date & Price Band
| IPO Open: | September 29, 2022 |
| IPO Close: | October 03, 2022 |
| IPO Size: | Approx ₹62.52 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | Rs.97 to Rs.100 per Equity Share, 6,252,000 shares |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
Swastik Pipe Limited Market Lot
The Swastik Pipe Limited IPO minimum market lot is 1200 shares with a ₹120,000 application amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
Swastik Pipe Limited Allotment & Listing Dates
The IPO date is September 29 and the IPO close date is October 03, 2022. The IPO allotment date is October 7 and the Swastik Pipe Limited IPO listing on October 12, 2022.
| Event | Date |
| Opening Date | Sep 29, 2022 |
| Closing Date | Oct 03, 2022 |
| Basis of Allotment | Oct 7, 2022 |
| Initiation of Refunds | Oct 10, 2022 |
| The credit of Shares to Demat | Oct 11, 2022 |
| IPO Listing Date | Oct 12, 2022 |
Swastik Pipe Limited Company Promoter
Mr. Sandeep Bansal, Smt. Geeta Devi Aggarwal, Mrs. Anupama Bansal, and Mr. Shashwat Bansal are the company promoters.
Swastik Pipe Limited Company Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/
Swastik Pipe Limited Lead Managers
Corporate CapitalVentures Pvt Ltd
What is Swastik IPO?
The IPO is an NSE SME IPO. They are going to raise ₹62.57 Crores via IPO. The issue is a price range of ₹97 to ₹100 per equity share. The IPO is to be listed on NSE.
When will IPO open?
The IPO will open for NII and Retail Investors on September 29, 2022.
What is Swastik Pipe Limited Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
What is IPO Size?
The IPO size is ₹62.57 crores.
What is IPO Price Band?
The IPO Price range of ₹97 to ₹100 per equity share.
What is IPO Minimum and Maximum Lot Size?
The IPO bid is 1200 shares with ₹120,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
What is the Allotment date?
The IPO allotment date is October 7, 2022.
What is the Listing Date?
The IPO listing date is October 12, 2022. The IPO to list on NSE SME.
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