New Swan Multitech Ltd.
Industry:
Auto Ancillary
Issue Details
Open Date
11 Jan 2024Close Date
15 Jan 2024Size (in Crs.)
33.1056
Size (Shares)
-Listing On
BSE
Issue Terms
Price Range
-4Lot Size
2000
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian,Ludhiana.2. Repayment of a portion of certain borrowing availed by our Company.3. To meet working capital requirements.4. General Corporate Purpose.
Description
Incorporated in 2014, we are an engineering-led manufacturer of (i) complex and critical precision engineered components and parts used in automotive sector (“auto components”) and (ii) agricultural farm machineries designed to meet the diverse needs of modern farming (“agricultural implements”). Within the automotive sector, we manufacture, procure and supply a range of precision machined tubular assemblies, welded assemblies, precision brackets and sheet metal parts. Our wide range of offerings in this segme... Show More
Address
Shop No. 310, 3rd Floor, Vardhman, Crown Mall, Plot No. 2 , Sector-19, District Court Complex Dwarka , South West Delhi
New Delhi
110075
Promoter Holding
Promoters:
Barunpreet Singh Ahuja, Kanwardeep Singh, Upkar Singh
Total Share Capital
14000240
Offered to Public
5016000
% Promoter's Holding (Pre-Issue)
100
% Promoter's Holding (Post-Issue)
73.62
Shares on offer
Total Share Offer
14000240
Of above offred to public
5016000
Post Issue shares
NA
Post Issue Promoters
73.62
Lead Managers to the Issue:
Hem Securities Ltd., Share India Capital Services Pvt Ltd.
Registrar Details
Registrar Name:
Bigshare Services Pvt Ltd
Address
Office No S6-2, 6th Floor, Pinnacle Business Park , Next to Ahura Centre, Mahakali Caves Road , Andheri (E) , Mumbai
400093