Swastik Pipe Limited
September 29, 2022 – October 3, 2022
| Price | ₹100 - ₹100 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Oct 7, 2022 |
| Listing | Oct 11, 2022 |
Swastik Pipe Limited
2, Arihant Nagar,
Punjabi Bagh (W),
New Delhi 110026
Phone: +91-11-35453545
Email: cs@swastikpipes.com
Website: https://swastikpipes.com/
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 1.37 |
| Retail Investors | 1.33 |
| Employees | [.] |
| Others | [.] |
| Total | 1.35 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 0 |
| HNI | 2 | 2400 | 240000 | 0 |
Issue : *62,52,000 Shares*
Issue size : *₹62.52 Cr*
HNI : *50%*
HNI Shares : *29,68,000 Shares*
Retail : *50%*
Retail Shares : *29,68,800 Shares*
Retail Forms : *2474*
LM : *Corporate Capital*
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.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-19 | 35607.65 | 72756.38 | 467.97 | 9370.13 | 8450.03 |
| 31-Mar-20 | 33650.76 | 65807.21 | -1389.25 | 7980.87 | 7060.78 |
| 31-Mar-21 | 33625.88 | 52384.8 | 148.64 | 8129.51 | 7209.42 |
| 30-Nov-21 | 33125.38 | 38601.64 | 202.19 | 11331.72 | 10034.26 |
| Amount in ₹ Lakhs | |||||