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IPO Snapshot  
Swastik Pipes Ltd.
Issue Open Date  29-Sep-22
Issue Closing Date  03-Oct-22
Application Money 100
Allotment Money  
Price Band(Rs.) 97 - 100  
Minimum Bid Quantity. 1200  
Issue Size (Shares) 6252000  
Market Lot 1  
Objective
1. To meet out the Working Capital requirements of the Company;2. To meet out the General Corporate Purposes; and3. To meet out the Issue Expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     3836400    
Qualified Institutional Buyers     232800    
Retail Individual Investors     232800    
Business Description
Swastik Pipe Limited is manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, Solar Structure. Our Company use
Promoter's Holding
Total Share Capital   14987280  
Offered to Public   6252000  
Promoter's Holding (Pre-Issue)   88.27  
Promoter's Holding (Post-Issue)   64.51  
More
Address
2
Arihant Nagar
Punjabi Bagh (W)
West Delhi
New Delhi ,
Delhi ,
110026
Phone : 011 35453545
Email : cs@swastikpipes.com
Website : www.swastikpipes.com
Registrar
Skyline Financial Services Pvt Ltd
D-153/A
1st Floor
Okhla Industrial Area
Phase - I
New Delhi
Listed at
NSE
Lead Manager
Corporate Capital Ventures Pvt Ltd.
Promoters
Anupama Bansal
Geeta Devi Aggarwal
Sandeep Bansal
Shashwat Bansal
 
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