Swastik Pipe IPO will be Open on 29 September 2022 and closes on 03 October 2022. The company has fixed the price of this IPO at ₹97-₹100 according to the face value of ₹10. The company will raise ₹62.52 Crores through this IPO under the 62,52,000 Equity Shares public issue. And the offer is 100% Book Building Issue. You can check here to know Swastik Pipe IPO GMP and Swastik Pipe IPO subscription status here.
Swastik Pipe Limited is manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils, Swaged Tubular Poles, Solar Structure and Steel Structures. The Company use raw material of premium quality i.e. prime steel from SAIL – Steel Authority of India Limited, Tata Steel Limited and high purity zinc is being sourced from Hindustan Zinc Limited, which makes it comfortable to supply the quality material all over the world.
Swastik Pipe Ltd is one of the oldest manufacturer, exporter and supplier of steel pipes and tubes to various heavy engineering
industries in India. Steel pipes and tubes can be used for many purposes such as steel pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes etc.
The comany has a very wide range of steel pipes and tubes products. The lengths of the steel pipes & tubes range from 4m to 7m unless otherwise specified by the customers. The company manufacture steel pipes and tubes in various shapes and size such square, round, rectangular and elliptical or any special shape.
The company located at Bahadurgarh, Distt. Jhajjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating of 2,44,001 MT
Objects Of The Issue :
- To meet out the Working Capital requirements of the Company
- To meet out the General Corporate Purposes
- To meet out the Issue Expenses.
| Read also: Upcoming IPO List 2022 |
Swastik Pipe IPO Review :
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Swastik Pipe IPO GMP Live:
Swastik Pipe IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 29 Sep 2022 | ₹4-₹5 | ₹ |
| 28 Sep 2022 | ₹4-₹5 | ₹ |
| 27 Sep 2022 | ₹0-₹0 | ₹ |
| 26 Sep 2022 | ₹0-₹0 | ₹0 |
Swastik Pipe IPO Date & Price Band & Details :
| Issue Offer : | Book Building Issue |
| IPO Open : | 29 September 2022 |
| IPO Close : | 03 October 2022 |
| IPO Size : | ₹62.52. Cr {62,52,000 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹97-₹100 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹62.52. Cr {62,52,000 Shares} |
| Fresh Issue : | ₹62.52. Cr {62,52,000 Shares} |
| Offer For Sale : | ₹. Cr |
Swastik Pipe IPO Market Lot :
Swastik Pipe IPO Minimum Market lot is 1 Lot with 1200 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lots with 1200 Shares or ₹120,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 1200 Shares |
| Minimum Amount : | ₹120,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 1200 Shares |
| Maximum Amount : | ₹120,000 |
Swastik Pipe IPO Shares Offer :
A Total of 62,52,000 shares are to be bid for the public issue by Swastik Pipe IPO with 62,52,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 62,52,000 | ₹62.52 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 62,52,000 | ₹62.52 Cr |
Swastik Pipe IPO Reservation :
Swastik Pipe IPO Total Reservation of 62,52,000 shares are to be bid for the public issue by Swastik Pipe IPO with – for QIB and 29,68,800 for NII 29,68,800 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹- |
| NII : | 50% | 29,68,800 | ₹29.69 Cr |
| RII : | 50% | 29,68,800 | ₹29.69 Cr |
| MMRP : | – % | 3,14,400 | ₹3.14 Cr |
| Total : | 100% | 62,52,000 | ₹62.52 Cr |
Swastik Pipe IPO Dates :
Swastik Pipe IPO Date is 29 September 2022 and closes on 03 october 2022. The allotment will be finalized on 07 October 2022 and the IPO may list on 12 October 2022.
| Issue Open Date : | 29 September 2022 |
| Issue Close Date : | 03 October 2022 |
| Allotment Date : | 07 October 2022 |
| Refund Date : | 10 October 2022 |
| Share Credit Date : | 11 October 2022 |
| Listing Date : | 12 October 2022 |
Swastik Pipe IPO Form :
There are two ways to apply in Swastik Pipe IPO. You can apply for Swastik Pipe IPO through ASBA available in your bank account. You have to go to your online bank login and select Swastik Pipe IPO in the Invest section and apply through your bank account. Another option is you can apply Swastik Pipe IPO through IPO form download through NSE and BSE. See the Swastik Pipe IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Swastik Pipe Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹61,219.77 | ₹60,617.00 | ₹2,041.11 |
| 2021 | ₹52,383.88 | ₹52,155.77 | ₹148.64 |
| 2020 | ₹65,807.21 | ₹67,887.43 | ₹1,389.25 |
Company Promoters :
■ Mr. Sandeep Bansal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Swastik Pipe IPO Lead Managers :
■ Corporate Capital Ventures Private Limited
Swastik Pipe IPO Registrar :
Skyline Financial Services Pvt Ltd.
Address: D-153 A, 1st Floor,
Okhla Industrial Area, Phase – I,
New Delhi-110020
Tel No: +91- 11-40450193-97
Fax No: +91-11-26812683
Email: [email protected]
Website: www.skylinerta.com
Note: Check Swastik Pipe IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Swastik Pipe Limited
2, Arihant Nagar, Punjabi Bagh (W),
West Delhi 110026 India.
Tel: +91-11-35453545; Fax: N.A.
E-mail: [email protected]
Website: www.swastikpipes.com
Swastik Pipe IPO FAQs :
What is Swastik Pipe IPO?
Swastik Pipe IPO is SME IPO. They are going to raise ₹62.52. Crores via IPO. The issue is priced at ₹97-₹100 per equity share. The IPO to be listed on NSE, SME.
When Swastik Pipe IPO will open?
The IPO is to open on 29 Sep- 03 Oct for QIB, NII & RII.
What is Swastik Pipe IPO Size?
Swastik Pipe IPO size is ₹62.52 Crores.
What is the Fresh issue size of Swastik Pipe IPO?
The Fresh issue size of Swastik Pipe IPO ₹62.52 Cr.
What is the Offer For Sale size of Swastik Pipe IPO?
The Offer For Sale size of Swastik Pipe IPO ₹0 Cr.
What is Swastik Pipe IPO Price Band?
Swastik Pipe IPO Price Band is ₹100 Per share.
What is Swastik Pipe IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹112,000 amount while the maximum bid is 1200 shares with ₹112,000.
What is Swastik Pipe IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Swastik Pipe IPO Allotment Date?
Swastik Pipe IPO allotment date is 07 october 2022.
What is Swastik Pipe IPO Listing Date?
Swastik Pipe IPO listing date is 12 october 2022. The IPO to list on NSE, SME.
How to Apply the Swastik Pipe IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Swastik Pipe IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Swastik Pipe IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Swastik Pipe IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Swastik Pipe IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Swastik Pipe IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Swastik Pipe IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Swastik Pipe IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Swastik Pipe GMP: Click Here Swastik Pipe Subscription: Click Here Swastik Pipe Allotment: Click Here Swastik Pipe Listing: Click Here |
All Swastik Pipe IPO-related links are available here. If you want to know the details then click on Click Here Link.
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