New Swan Multitech Limited

About the company

## **About  New Swan Multitech Limited** Incorporated in 2014, New Swan Multitech Limited 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, they manufacture, procure and supply a range of precision machined tubular assemblies, welded assemblies, precision brackets and sheet metal parts. Their wide range of offerings in this segment includes link assembly engine hangers, hinge body covers, front cover stay components, seat catch components, fuel filler cap components, main stand complete assemblies, front fender stay assemblies, engine guard plates, rear brake arm assemblies,separator breather, cable guide assemblies, battery tray components and many other parts, that are critical for the two-wheeler vehicles and various types of brackets such as coolant recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, air cleaner inlet hose brackets for the passenger car vehicles. Within the agricultural implements sector, they design, manufacture and supply a comprehensive range of agricultural implements that cater to different aspects of farming such as soil preparation, sowing, crop management, harvesting and crop residue management. Their wide range of offering in this segment includes various types of rotavators, seeders, super seeders, weeders, potato planter, potato digger, fertiliser spreader, mulcher, puddler, laser land leveller, disc ploughs and many other agricultural implements. As New Swan Multitech Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 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 Here are key details about the New Swan Multitech Limited IPO: Company Name| **New Swan Multitech Limited**|  | New Swan Multitech Limited IPO Opening Date| **January 11, 2024** ---|---|---|---|--- Company Established On|**2014**New Swan Multitech Limited IPO Price band|**₹62 to ₹66 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   11 Jan 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   15 Jan 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   13 Jan 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   17 Jan 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   16 Jan 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   18 Jan 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.