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New Swan Multitech Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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New Swan Multitech Ltd IPO

Registered Office: 310 Vardhman Crown Mall Plot#2,Sector 19 Dt.Court Cmpx Dwarka , Delhi - 110075 , Delhi , India.
Phone : +91-161-4346000   Fax:
Email :  cs@swanagro.in  
Website :  www.swanagro.in
Initial public offer of upto 50,16,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of New Swan Multitech Limited ("The Company" or "NSML" or "The Issuer") at an issue price of (Rs)66 per equity share for cash, aggregating up to (Rs)33.11 crores ("Public Issue") out of which 2,56,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)66 per equity share for cash, aggregating (Rs)1.70 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e., issue of 47,60,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)66 per equity share for cash, aggregating upto (Rs)31.41 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.38% and 25.03% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
11-Jan-24 15-Jan-24 (Rs)66.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 28.85
Hem Securities Ltd
Project Financed through Current Offer 33.11  
Post Issue Equity Share Capital 19.02  
Issue Price (Rs)66.00  
 
Projects
Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit locatedTo meet working capital requirements
Repayment of a portion of certain borrowings availed by the companyGeneral corporate purposes
Promoted By
Upkar Singh  
Barunpreet Singh Ahuja  
Kanwardeep Singh  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd