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Open
29 Sep to 3 Oct, 2022
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Close
29 Sep to 3 Oct, 2022
3
Allotment
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Listing
Wed, Oct 12, 2022
Price Band
₹97 to ₹100
Issue Size
62,52,000 shares (agg. up to ₹63 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Oct 12, 2022
Latest GMP
₹0
Est. Gain
18.33%
✦ AI Insight
GMP Trend
12-10-2022₹0Est. ₹100+18.33%
11-10-2022₹0Est. ₹100+18.33%
10-10-2022₹0Est. ₹100+18.33%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.25x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 341.27 | 336.26 | 336.51 | 356.08 |
| Total Income | 612.20 | 523.84 | 658.07 | 727.56 |
| Profit After Tax | 20.41 | 1.49 | -13.89 | 4.68 |
| NET Worth | 141.69 | 81.30 | 79.81 | 93.70 |
| Reserves and Surplus | 124.71 | 72.09 | 70.61 | 84.50 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rhetan TMT Ltd. | SME | ₹56.00 Cr | ₹70 | 63.64 | ₹66.50 | -5.00% | ₹30.88 (+2.29%) |
| Mangalam Worldwide Ltd. | SME | ₹65.58 Cr | ₹101 | 20.12 | ₹102.55 | +1.53% | ₹36.65 (-0.54%) |
| Adishakti Loha & Ispat Ltd. | SME | ₹2.00 Cr | ₹11 | null | ₹11.40 | +3.64% | ₹13.68 (-1.58%) |
| Venus Pipes & Tubes Ltd. | Mainboard | ₹165.42 Cr | ₹326 | 21.03 | ₹354.35 | +8.70% | ₹1,813.00 (+2.94%) |
| Hariom Pipe Industries Ltd. | Mainboard | ₹130.05 Cr | ₹153 | 15.15 | ₹231.00 | +50.98% | ₹401.30 (-1.59%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 50.00 |
| 2 | General Corporate Purposes | 7.89 |
| 3 | Issue Expenses | 4.63 |
About Swastik Pipe IPO
Incorporated in 1973, Swastik Pipe Limited is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure. The company has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating 2,01,250 MT. Swastik Pipe has diversified its Manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork. Swastik Pipe Ltd is one of the oldest manufacturers and suppliers of steel pipes and tubes to various heavy engineering industries in India and abroad. The company's customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD., among others.+ Read More
Contact Details
Swastik Pipe Ltd. Address2, Arihant NagarPunjabi Bagh (W)Delhi, New Delhi, 110026+91-11-35453545cs@swastikpipes.comVisit Website