
Emerging SME Services · BSE
Incorporated in 2014, New Swan Multitech Limited specializes in manufacturing precision-engineered components for the automotive and modern farming sectors. The company's automotive product portfolio includes assembly engine hangers, hinge body covers, fuel filler cap components, engine guard plates, brake arm assemblies, and various brackets for two-wheeler and passenger vehicles. In the agricultural sector, it produces rotovators, seeders, potato planters, fertilizer spreaders, disc ploughs, and other farming implements. The company operates manufacturing facilities in Raian, Ludhiana, Punjab, for agricultural equipment and Vithlapur, Ahmedabad, Gujarat, for auto parts. As of September 30, 2023, it offers 300 SKUs and serves clients like Honda Motorcycle, Scooter India, MG Motors, and Mahindra & Mahindra in the automotive segment, while distributing agricultural implements through 200 dealers across 11 Indian states. In FY 2023, the company reported an operating income of ₹15,116.04 lakhs.
Price Band
₹62 – ₹66
Issue Size
₹33.11 Cr
Lot Size
2000 shares
GMP
+80.3%
Est. Listing
₹119
at current GMP
Subscribed
384.33x
overall
Open
11 Jan 2024
Close
15 Jan 2024
Allotment
16 Jan 2024
Refund
17 Jan 2024
Demat Credit
18 Jan 2024
Listing
18 Jan 2024