Swaraj Suiting Limited IPO
NSE SME₹112,000 / 2000 Shares
Swaraj Suiting Limited IPO Details
The Swaraj Suiting Limited IPO price band is set between ₹56 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 15 Mar, 2022 and closes on 17 Mar, 2022. Investors can check the allotment status on 23 Mar, 2022, while the listing date is tentatively scheduled for 28 Mar, 2022.
The total issue size is 1,908,000 Eq Shares of ₹10, aggregating up to ₹10.68 Cr. Stay tuned for the latest Swaraj Suiting Limited IPO review and GMP updates.
Swaraj Suiting Limited IPO Review, Rating & Analysis
Swaraj Suiting Limited IPO Review
NO REVIEWSwaraj Suiting Limited IPO Rating
Swaraj Suiting Limited IPO Highlights
IPO Date
Mar 15, 2022 - Mar 17, 2022
Listing Date
28 Mar, 2022
Face Value
₹10 Per Equity Share
Price Band
₹56 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Swaraj Suiting Limited IPO Lot Size
The minimum market lot for Swaraj Suiting Limited IPO is 2000 shares with an application amount of ₹1,12,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,12,000 |
| Retail (Max) | 1 | 2000 | ₹1,12,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,24,000 |
| S-HNI (Max) | 8 | 16000 | ₹8,96,000 |
| B-HNI (Min) | 9 | 18000 | ₹10,08,000 |
Swaraj Suiting Limited IPO Timeline
Issue Price
₹56 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Finshore Management Services LimitedIssue Size
1,908,000 Eq Shares of ₹10(aggregating up to ₹10.68 Cr)Swaraj Suiting Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 91.62 | 81.71 | 1.91 | - | - | - |
| 31 Mar 21 | 91.71 | 60.21 | 2.67 | - | - | - |
| 31 Mar 20 | 97.04 | 80.65 | 3.54 | - | - | - |
| 31 Mar 19 | 93.73 | 76.41 | 2.18 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Mohammed Sabir Khan
- Mrs. Samar Khan
- Mr. Nasir Khan
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.74% | 73.31% |
About Company
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).
Swaraj Suiting Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 904,000 | 908,000 | 1,812,000 |
Day 1 -15-03-22 06:00 PM | 1.86 x | 0.93 x | 1.39 x |
Day 2 -16-03-22 06:00 PM | 2.36 x | 3.59 x | 2.97 x |
Day 3 -17-03-22 06:00 PM | 13.81 x | 10.46 x | 12.13 x |
Frequently Asked Questions about Swaraj Suiting Limited IPO IPO
When will Swaraj Suiting Limited IPO open for subscription?
The Swaraj Suiting Limited IPO opens on 15 Mar, 2022 and closes on 17 Mar, 2022.
What is the investors portion for Swaraj Suiting Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 908000.
How to apply for Swaraj Suiting Limited IPO?
You can apply for Swaraj Suiting Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Swaraj Suiting Limited IPO?
The issue size of Swaraj Suiting Limited IPO is approx ₹1,908,000 Eq Shares of ₹10(aggregating up to ₹10.68 Cr) crores.
What is the price band of Swaraj Suiting Limited IPO?
The price band for Swaraj Suiting Limited IPO is ₹56 per equity share to ₹undefined.
What is the lot size of Swaraj Suiting Limited IPO?
The minimum bid (lot size) for Swaraj Suiting Limited IPO is N/A shares with an investment of approx ₹112,000 .
What is the allotment date of Swaraj Suiting Limited IPO?
The allotment date for Swaraj Suiting Limited IPO is 23 Mar, 2022.
What is the listing date of Swaraj Suiting Limited IPO?
The listing date for Swaraj Suiting Limited IPO is expected to be 28 Mar, 2022.
What is the GMP of Swaraj Suiting Limited IPO?
The latest Grey Market Premium (GMP) for Swaraj Suiting Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.