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Swastik Pipe IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Steel - Tubes And Pipes sector. Corporate Capital Ventures is the merchant banker of Swastik Pipe IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th October 2022.
Swastik Pipe IPO open date is 29th September 2022 and close date is 3rd October 2022. IPO Allotment Date is 7th October 2022 and Listing date is 12th October 2022.
IPO
Size:
₹ 62.52 Cr.
Avg IPO Size (Sector Based)
: ₹
17.02 cr.
Sector: Steel - Tubes And Pipes
SME
IPO so far:
9
Merchant Banker:
Corporate Capital
SME
IPO by BRLM so far:
23
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹
612.20
cr. 
PE
Ratio:
11.38x
Average Sector PE Ratio: 13.21x
Swastik Pipe IPO size is ₹ 62.52 Cr. with IPO price of ₹ 100.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Corporate Capital Ventures Private Limited is the book-running lead manager of the Swastik Pipe IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is SS Corporate Securities Limited for Swastik Pipe IPO.
Swastik Pipe IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Swastik Pipe IPO, based in New Delhi, operates in the Steel - Tubes And Pipes sector with a focus on Manufacturers of Steel Pipes. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Swastik Pipe IPO size is ₹ 62.52 Cr. with fresh issue size of ₹ 62.52 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Swastik Pipe IPO is expected to be 7th October 2022, after the finalization of basis of allotment. Investors can check Swastik Pipe IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Swastik Pipe IPO refund dates are 10th October 2022.
Swastik Pipe IPO is expected to be listed on 12th October 2022.
The upper price band for the Swastik Pipe IPO is set at ₹ 100.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Swastik Pipe IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Swastik Pipe IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd October 2022. After submission, funds are blocked until the basis of allotment of Swastik Pipe IPO is finalised.
The merchant banker for Swastik Pipe IPO is Corporate Capital Ventures Private Limited . Corporate Capital Ventures Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Swastik Pipe IPO RHP for further details.
The registrar for Swastik Pipe IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Swastik Pipe IPO through their official website or helpline.
Swastik Pipe IPO was subscribed 1.35 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 62.52 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.02 Cr.
Sector: Steel - Tubes And Pipes
SME
IPO so far:
9
Merchant Banker:
Corporate Capital
SME
IPO by BRLM so far:
23
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹ 608.71 cr.
PE
Ratio:
11.38x
Average Sector PE Ratio: 13.21x
Swastik Pipe IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Swastik Pipe Financial Review Page
Merchant Banker(s) of Swastik Pipe IPO: Corporate Capital Ventures Private Limited
Swastik Pipe IPO subscription was 1.35 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Swastik Pipe IPO listed at a listing price of 69.30 against the offer price of 100.00.
The current market price of Swastik Pipe is 46.20.
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