Swaraj Suiting Limited IPO (Swaraj Suiting IPO) Details:
Contents
- 1 When is Swaraj Suiting IPO Launching?
- 2 Swaraj Suiting IPO Tentative Timetable
- 3 Swaraj Suiting IPO Lot Size
- 4 Swaraj Suiting IPO Share Price
- 5 Swaraj Suiting IPO Promoter Holding
- 6 Swaraj Suiting IPO Board of Directors
- 7 Swaraj Suiting IPO Company Financials
- 8 About Swaraj Suiting IPO
- 9 Company Contact Information
- 10 Swaraj Suiting IPO GMP Today
- 11 How to apply for Swaraj Suiting IPO
- 12 Final Review
When is Swaraj Suiting IPO Launching?
The Swaraj Suiting IPO opens on Mar 15, 2022, and closes on Mar 17, 2022.
Swaraj Suiting IPO Tentative Timetable
The Swaraj Suiting IPO open date is Mar 15, 2022, and the close date is Mar 17, 2022. The issue may list on Mar 28, 2022.
IPO Open Date | Mar 15, 2022 |
IPO Close Date | Mar 17, 2022 |
Basis of Allotment Date | Mar 23, 2022 |
Initiation of Refunds | Mar 24, 2022 |
Credit of Shares to Demat Account | Mar 25, 2022 |
IPO Listing Date | Mar 28, 2022 |
Swaraj Suiting IPO Lot Size
The Swaraj Suiting IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹112,000).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 2000 | ₹112,000 |
Maximum | 1 | 2000 | ₹112,000 |
Swaraj Suiting IPO is an SME IPO of 1,908,000 equity shares of the face value of ₹10 aggregating up to ₹10.68 Crores. The issue is priced at ₹56 per equity share. The minimum order quantity is 2000 Shares.
Swaraj Suiting IPO Promoter Holding
Mr. Mohammed Sabir Khan, Mrs. Samar Khan, and Mr. Nasir Khan are the company promoters.
Pre Issue Share Holding | 99.74% |
Post Issue Share Holding | 73.31% |
Swaraj Suiting IPO Board of Directors
Name | Designation | |
Amreen Sheikh | Independent Director | |
Annie Zuberi | Independent Director | |
Mohammed Sabir Khan | Managing Director | |
Nasir Khan | Whole Time Director | |
Prakash Chandra Jain | Chief Financial Officer | |
Rahul Kumar Verma | Co. Secretary & Compl. Officer | |
Ramesh Agarwal | Independent Director | |
Samar Khan | Whole Time Director |
Swaraj Suiting IPO Company Financials
Summary of financial Information (Restated Consolidated) | |||||
---|---|---|---|---|---|
Particulars | For the year/period ended (Rs in million) | ||||
30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
Total Assets | 916.23 | 917.17 | 970.45 | 937.34 | |
Total Revenue | 817.19 | 602.16 | 806.53 | 764.17 | |
Profit After Tax | 19.10 | 26.75 | 35.43 | 21.86 |
About Swaraj Suiting IPO
Established in 2003, Swaraj Suiting Limited manufactures, produces, and supplies textile products. The firm mainly operates in three key business verticals; Manufacturing of Gray Fabric, Weaving on Job Work basis, and Trading of Finished Fabric, Gray Fabric, and Yarn.
Initially, the company was engaged in the manufacturing of cotton/synthetic fabrics yet later moved 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).
Company Contact Information
Swaraj Suiting Limited
F-483 To F-487
RIICO Growth Centre Hamirgarh, 311025
Bhilwara
Phone: 9660630663
Email: cs@swarajsuiting.com
Website: http://www.swarajsuiting.com/
Swaraj Suiting IPO GMP Today
Swaraj Suiting IPO GMP today is N/A per share.
How to apply for Swaraj Suiting IPO
Apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Final Review
The issue is lucratively evaluated based on its financial and BV parameters. The textile segment has off late seen fancy from investors. This reasonably estimated company from the textile segment may be considered for medium to long-haul rewards.
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