Swastik Pipe IPO Review
Swastik Pipe IPO Overview
Swastik Pipe Limited, founded in 1973, is a producer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hollow Steel Pipe, API Pipe, Cold Rolled Steel (CR) Strips/Coils, Stainless Steel Tubes, Swaged Type Tubular Poles, and Solar Structure.
The firm has two factories with an installed capacity of 2,01,250 MT each, situated in Bahadurgarh, Distt. Jharjjar, Haryana (Unit No. 1) and Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2).
Swastik Pipe’s manufacturing activities have expanded to include the construction of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Pole Special Structures for Railways, Scaffolding and Formwork.
Swastik Pipe Ltd is one of India’s oldest producers and suppliers of steel pipes and tubes to the heavy engineering sectors. Customers include HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Tele links Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD.
Swastik Pipe IPO Details
Swastik Pipe IPO Date | Sep 29, 2022 to Oct 3, 2022 |
Swastik Pipe IPO Face Value | ₹10 per share |
Swastik Pipe IPO Price | ₹97 to ₹100 per share |
Swastik Pipe IPO Lot Size | 1200 Shares |
Issue Size | 6,252,000 shares of ₹10 (aggregating up to ₹62.52 Cr) |
Fresh Issue | 6,252,000 shares of ₹10 (aggregating up to ₹62.52 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
NII (HNI) Shares Offered | 50% of the net offer |
Retail Shares Offered | 50% of the net offer |
Company Promoters | Mr. Sandeep Bansal, Smt. Geeta Devi Aggarwal, Mrs. Anupama Bansal and Mr. Shashwat Bansal are the company promoters. |
Swastik Pipe IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax |
31-Mar-19 | 35607.65 | 72756.38 | 467.97 |
31-Mar-20 | 33650.76 | 65807.21 | -1389.25 |
31-Mar-21 | 33625.88 | 52383.88 | 148.64 |
31-Mar-22 | 34127.21 | 61219.77 | 2041.11 |
Amount in ₹ Lakhs | |||
Period Ended | Net Worth | Reserves and Surplus |
31-Mar-19 | 9370.13 | 8450.03 |
31-Mar-20 | 7980.91 | 7060.78 |
31-Mar-21 | 8129.51 | 7209.42 |
31-Mar-22 | 14169.42 | 12471.47 |
Amount in ₹ Lakhs | ||
Swastik Pipe IPO Key Ratios
FY 2019 | FY 2020 | |
EPS | 4.33 | (12.80) |
PE ratio | – | – |
RONW (%) | 4.99 | (17.41) |
NAV | 8.22 | 6.15 |
FY 2021 | 8M FY 2022 | |
EPS | 1.37 | 1.46 |
PE ratio | – | 66.44 – 68.49 |
RONW (%) | 1.83 | 1.78 |
NAV | 6.27 | 8.73 |
Listing Performance of Swastik Pipe IPO
Listed On : NSE SME
Issue Price : ₹97 to ₹100 per share
Listing Day Close :
Listing Day Gain :
Swastik Pipe IPO ISIN Number Code
NSE : NA
ISIN CODE : INE0DGC01025
BSE : NA
Swastik Pipe IPO Allotment Status
Swastik Pipe IPO Important Dates
Event | Date |
Swastik Pipe IPO Opening Date | Sep 29, 2022 |
Swastik Pipe IPO Closing Date | Oct 3, 2022 |
Basis of Allotment | Oct 7, 2022 |
Initiation of Refunds | Oct 10, 2022 |
Credit of Shares to Demat | Oct 11, 2022 |
Swastik Pipe IPO Listing Date | Oct 12, 2022 |
Swastik Pipe IPO Contact Details
2, Arihant Nagar,
Punjabi Bagh (W),
New Delhi 110026
Phone: +91-11-35453545
Email: cs@swastikpipes.com
Website: https://swastikpipes.com/
Swastik Pipe IPO Registrar Contact Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/
Swastik Pipe IPO FAQ's
The Swastik Pipe IPO is a NSE SME IPO of ₹97 to ₹100 per share with a face value of 10 per equity share.
The issue size is priced at 6,252,000 shares of ₹10 (aggregating up to ₹62.52 Cr).
The fresh issue size priced at 6,252,000 shares of ₹10 (aggregating up to ₹62.52 Cr).
The initial public offering (IPO) begins on Sep 29, 2022 and ends on Oct 3, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Swastik Pipe IPO opens on Sep 29, 2022 and closes on Oct 3, 2022.
Swastik Pipe IPO Market lot size is 1200 Shares and the minimum order quantity is 1200 Shares.
The finalisation of Basis of Allotment for Swastik Pipe IPO will be done on Oct 7, 2022. and the allotted shares will be credited to your demat account by Oct 11, 2022. Check the Swastik Pipe IPO status.
The Swastik Pipe IPO listing date is on Oct 12, 2022.
Swastik Pipe IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Swastik Pipe IPO Comments
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