Swastik Pipe Limited

Sep 29, 2022 - Oct 3, 2022

Price ₹100 - ₹100
Premium ₹0
Lot size 1200
Allotment Oct 7, 2022
Listing Oct 11, 2022

Category Lot(s) Qty Amount Reserved
Retail 1 1200 120000 0
HNI 2 2400 240000 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers1.37
Retail Investors1.33
Employees[.]
Others[.]
Total1.35
About

Swastik Pipe Limited Logo

 

 

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

Swastik Pipe Limited Financial Information (Restated)
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
Lead Manager(s)
Strength
Weakness
Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/