What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of New Swan Multitech Limited IPO?

New Swan Multitech Limited IPO has received a total subscription of 384.33 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

New Swan Multitech Limited

ListedSME

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

₹53

+80.3%

Est. Listing

₹119

at current GMP

Subscribed

384.33x

overall

Open

11 Jan 2024

15 Jan 2024

Allotment

16 Jan 2024

Refund

17 Jan 2024

Demat Credit

18 Jan 2024

Listing

18 Jan 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

384.33x

Total Demand

QIB Multiplier

110.69x

Institutions & Funds

NII / HNI

740.08x

High Net-Worth

Retail (RII)

388.23x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 384.33x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	952,000	105,380,000	110.69x
NIB	714,000	528,418,000	740.08x
RETAIL	1,666,000	646,798,000	388.23x
Total	3,332,000	1,280,596,000	384.33x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 400.97x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	878	340,866	388.23x
HNIs (10L +)	6	4,440	740.08x
HNIs (2-10L)	27	19,982	740.08x
Total Applications	911	365,288	400.97x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About New Swan Multitech Limited Public Issue & Market Profile

New Swan Multitech Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹33.11 Crores. The shares are offered at a price band of ₹62 to ₹66 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-01-15, the basis of allotment is scheduled to be finalized on 2024-01-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is New Swan Multitech Limited IPO GMP today?

The latest Grey Market Premium (GMP) for New Swan Multitech Limited IPO is ₹53 per equity share. Based on the upper price band of ₹62 to ₹66 per equity share, the estimated listing price is ₹119 (+80.3% expected listing gain).

What is the expected profit per lot for New Swan Multitech Limited IPO?

With a lot size of 2000 shares and current GMP of ₹53, the expected profit per application lot is approx ₹1,06,000 (+80.3% gain). Minimum application cost is approx ₹1,32,000.

What is the issue size and price band for New Swan Multitech Limited IPO?

The New Swan Multitech Limited IPO aggregate issue size is ₹33.11 Crores with an equity price band set at ₹62 to ₹66 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,32,000.

How can I check New Swan Multitech Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 384.33x (Retail: 388.23x, QIB: 110.69x, NII: 740.08x). You can track live multiples directly on our dedicated subscription page.

Where and when will New Swan Multitech Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-01-16. Investors can verify status using PAN card or application number.

When is the listing date for New Swan Multitech Limited IPO?

New Swan Multitech Limited shares are scheduled to list on BSE on 2024-01-18.