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IPO

IPO Synopsis
Swaraj Suiting Ltd
Registered Office: F-483 to F-487,RIICO Growth Centre Hamirgarh , Bhilwara - 311025 , Rajasthan , India.
Phone : 91-9660630663   Fax:
Email :  cs@swarajsuiting.com  
Website :  www.swarajsuiting.com
Initial public offer of 19,08,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Swaraj Suiting Limited (the "Company" or the "Issuer") for cash at a price of Rs. 56 per equity share, including a share premium of Rs. 46 per equity share (the "Issue Price"), aggregating to Rs. 10.68 crores ("The Issue"), of which 96,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 56 per equity share, aggregating to Rs. 0.54 croress will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 18,12,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 56 per equity share, aggregating to Rs. 10.14 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 56 each i.e., 5.6 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Mar-22 17-Mar-22 Rs56.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 10.68
Finshore Management Services Ltd
Project Financed through Current Offer 10.68  
Post Issue Equity Share Capital 7.20  
Issue Price Rs56.00  
 
Projects
Working capital requirements for New Factory at Neemuch, Madhya PradeshGeneral corporate purposes
Promoted By
Mohamed Sabir Khan
Samar Khan
Nasir Khan
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd