
Textiles · NSE
Incorporated in 2003, Swaraj Suiting Limited is engaged in the manufacturing, production, and supply of textile products, operating across three key business verticals comprising manufacturing of grey fabric, weaving on a job-work basis, and trading of finished fabric, grey fabric, and yarn. The company initially focused on manufacturing cotton and synthetic fabrics, shifted to trading in synthetic fabrics in 2009 after selling its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited, and later re-entered manufacturing of cotton and synthetic fabrics in 2011, commencing commercial operations in January 2013. Its manufacturing facility is located in Bhilwara, Rajasthan, with an installed production capacity of approximately 1.50 million meters of fabric per month, and the company is also in the process of setting up a denim processing plant at Neemuch, Madhya Pradesh.
Price Band
₹56
Issue Size
₹10.68 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹56
at current GMP
Subscribed
—
Open
15 Mar 2022
Close
17 Mar 2022
Allotment
23 Mar 2022
Refund
24 Mar 2022
Demat Credit
25 Mar 2022
Listing
28 Mar 2022
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 953,571 | — | 0.00x |
| Non-Institutional (NII / HNI) | 286,071 | — | 0.00x |
| Retail Individual (RII) | 667,500 | — | 0.00x |
| Total | 1,907,142 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 334 | 334 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 10 | 10 | 1.00x |
| Total Applications | 346 | 346 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Swaraj Suiting Limited is bringing an initial public offering (IPO) in the Textiles sector with an aggregate issue size of ₹10.68 Crores. The shares are offered at a price band of ₹56 to ₹56 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
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.
Following the close of bidding on 2022-03-17, the basis of allotment is scheduled to be finalized on 2022-03-23. 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.
Currently, Swaraj Suiting Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹56 to ₹56 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,12,000. Expected listing price is ₹56 per equity share.
The Swaraj Suiting Limited IPO aggregate issue size is ₹10.68 Crores with an equity price band set at ₹56 to ₹56 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,12,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
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 2022-03-23. Investors can verify status using PAN card or application number.
Swaraj Suiting Limited shares are scheduled to list on NSE on 2022-03-28.