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Swaraj Suiting Ltd.

Swaraj Suiting Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹56
₹56
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹56
Based on GMP
Min. Investment
₹112,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
15 Mar 2022
Close Date
17 Mar 2022
Allotment
23 Mar 2022
Listing Date
28 Mar 2022
Exchange
NSE SME
Price Band
₹56
Listing Price
See chart
Allotment Status
Price Band
₹56
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
19,08,000 shares (aggregating up to ₹10.68 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹112,000
1 lot
Pre-IPO Holding
52,92,130 shares
Promoters
Post-IPO Holding
72,00,130 shares
Promoters
P/E (Pre)
10.55x
 
UPI Deadline
2022-03-17
Mandate
Anchor AllotmentMon, 14 Mar 2022
Basis of AllotmentWed, 23 Mar 2022
Refund InitiationThu, 24 Mar 2022
Demat CreditFri, 25 Mar 2022
Listing DayMon, 28 Mar 2022
UPI Mandate Deadline2022-03-17
Sale TypeFresh Capital
Net Offer to Public18,12,000 shares (aggregating up to ₹10.15 Cr)
Market Maker Quota96,000 shares (aggregating up to ₹0.5376 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Swaraj Suiting Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 17 Mar 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
96,000
₹0.54
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,908,000
100% ₹10.68
IPO Shares Offered
Swaraj Suiting Ltd. IPO total issue size: ₹10.68 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 96,000 ₹0.54
5.03%
Total 1,908,000 ₹10.68
100.00%
* Based on upper price band ₹56 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹56.00
Upper Band
Min Investment
₹112,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹224,000
Retail (Max — 13 Lots)1326,000₹1,456,000
S-HNI (Min — 14 Lots)1428,000₹1,568,000
B-HNI (Min — 68 Lots)68136,000₹7,616,000
* Issue Price ₹56 × Lot Size 2,000 shares
IPO Schedule
Anchor
14 Mar 2022
✓ Done
IPO Open
15 Mar 2022
✓ Done
IPO Close
17 Mar 2022
✓ Done
Allotment
23 Mar 2022
✓ Done
Refunds
24 Mar 2022
✓ Done
Demat Credit
25 Mar 2022
✓ Done
Listing Day
28 Mar 2022
✓ Done
Swaraj Suiting Ltd. — Live Price LIVE
₹56.00
INR · NSE
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Issue ₹56.00 Live Price
About Swaraj Suiting Ltd.
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:Strong Promoters, Experienced management team, and Well-defined organizational structureStrong supplier base for sourcing of raw materials/ productsSmooth flow of operationsQuality Assurance and StandardsCustomer-Centric services and scalable business model
Objects of the Issue
1
1 Working capital requirements for new project
2
2 Issue related expenses
3
3 General corporate purposes
Swaraj Suiting Ltd. Financials (Amount in Crore)
Revenue from Operations
₹80.7
31-Mar-20
₹60.2
31-Mar-21
₹81.7
30-Sep-21
Profit After Tax (PAT)
₹3.5
31-Mar-20
₹2.7
31-Mar-21
₹1.9
30-Sep-21
Particulars30-Sep-2131-Mar-2131-Mar-20
Revenue from Operations 81.72 60.22 80.65
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1.91 2.68 3.54
Net Worth N/A N/A N/A
Total Assets 91.62 91.72 97.05
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered19,08,000 (100.00%)
Net Offer to Public18,12,000 shares (aggregating up to ₹10.15 Cr)
Reserved for Market Maker96,000 shares (aggregating up to ₹0.5376 Cr)
Pre-Issue Promoter Holding52,92,130 shares
Post-Issue Promoter Holding72,00,130 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Swaraj Suiting Ltd. IPO subscribed?

Swaraj Suiting Ltd. IPO is subscribed 1.00 times by Mar 17, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Swaraj Suiting Ltd. IPO retail subscription status?

The Swaraj Suiting Ltd. IPO retail category is subscribed 1.00 times as of 17 Mar 2022. The retail portion is oversubscribed.

How to subscribe Swaraj Suiting Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 15 Mar 2022 and closes 17 Mar 2022. Min investment: ₹112,000 (1 lot = 2,000 shares). UPI mandate: 2022-03-17.

How many times Swaraj Suiting Ltd. IPO subscribed?

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

How to check Swaraj Suiting Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Mar 2022. Refunds: on 24 Mar 2022.

When Swaraj Suiting Ltd. IPO will be listed?

The Swaraj Suiting Ltd. IPO listing date is 28 Mar 2022, Monday. Listed on: NSE SME. Issue price: ₹56. Estimated listing: ₹56. GMP: NIL.

When Swaraj Suiting Ltd. IPO close?

The Swaraj Suiting Ltd. IPO closes on 17 Mar 2022, Thursday. UPI mandate: 2022-03-17. Allotment: 23 Mar 2022. Listing: 28 Mar 2022.