Swastik Pipe IPO Date, GMP, Price, Review, Allotment – IPO Watch

Swastik Pipe IPO date is fixed, The IPO will open on September 29 and will close on October 3, 2022. Swastik Pipe is an NSE SME IPO to raise ₹62.52 crores via IPO. The Swastik Pipe IPO price band is fixed at ₹97 to ₹100 with a market lot of 1200 shares.

Swastik Pipe Limited is one of the leading manufacturers and exporters of T.T.swastik Band high-quality Mild Steel/Carbon Steel ERW Black and Galvanized Pipes/ Tubes Since 1973. They are also manufacturing LINE PIPES as per APL Spec.5L since December 2005. They offer steel pipes and tubes in various shapes and sizes such as square, round, rectangular, triangular, elliptical, or any special shapes.

The company is a supplier of steel pipes and tubes to various heavy engineering industries in India and abroad. They have 2 plants at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with a capacity of 2,01,250 MT. Swastik Pipe diversified in Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles, and Solar Poles Special Structure for Railways, Scaffolding, and Formwork manufacturing. Some of the customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD., among others.

Objects of the Issue:

• To meet out the Working Capital requirements of the Company.
• To meet out the Issue Expenses.
• General Corporate Purposes.

Swastik Pipe IPO Review

Swastik Pipe IPO Date & Price Band Details

Swastik Pipe IPO Market Lot

The Swastik Pipe IPO minimum market lot is 1200 shares with a ₹120,000 application amount.

Swastik Pipe IPO Dates

The Swastik Pipe IPO date is September 29 and the IPO close date is October 3. The IPO allotment date is October 7 and the IPO might list on October 12.

You can check Swastik Pipe IPO subscription status and Swastik Pipe IPO allotment status on their respective pages.

Swastik Pipe IPO Form

How to apply Swastik Pipe IPO? You can apply Swastik Pipe IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Swastik Pipe IPO in the Invest section. The other option you can apply Swastik Pipe IPO via IPO forms download via the NSE website. Check out the Swastik Pipe forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Swastik Pipe Company Financial Report

Swastik Pipe IPO Valuation – FY2022

Check Swastik Pipe IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• HFCL Limited
• Indus Towers Limited

Company Promoters

• Rama Steel Tubes Limited
• Hi-tech Pipes Limited
• Hariom pipes Industries Limited
• APL Apollo Tubes Limited
• Venus Pipes and Tubes Limited
• Good Luck India Limited

Swastik Pipe IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/

Swastik Pipe IPO Allotment Status

Check Swastik Pipe IPO allotment status on Skylinerta website URL. Click Here

Swastik Pipe IPO Lead Managers

• Corporate Capital Ventures Pvt Ltd

Company Address

Swastik Pipe Limited
2, Arihant Nagar,
Punjabi Bagh (W),
New Delhi 110026
Phone: +91-11-35453545
Email: [email protected]
Website: https://swastikpipes.com/

Swastik Pipe IPO FAQs

Note: The Swastik Pipe IPO details are announced officially. The IPO grey market premium (Swastik Pipe IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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