Swastik Pipe IPO Opens On 29 Sep: Check Profit Estimates, Valuations, Financial Performance - IPO Central

2023-03-23 17:48:30 By : Mr. hao wang

Swastik Pipe IPO description – The company is the manufacturer and exporter 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, and Solar Structure.

It uses raw material of premium quality i.e. prime steel from SAIL – Steel Authority of India Limited, Tata Steel Limited and high purity zinc is being sourced from Hindustan Zinc Limited. It has two plants located at Bahadurgarh, Distt. Jharjjar, Haryana (Unit no.1) and at Kotwan, Kosi Kalan, Distt. Mathura, Uttar Pradesh (Unit No. 2) with an installed capacity, both units aggregating 2,01,250 MT.

It has diversified its Manufacturing activities towards the production of Solar Module Mounting Structures, Transmission Towers, Steel Tubular Poles and Solar Poles Special Structure for Railways, Scaffolding and Formwork.

The Company is one of the oldest manufacturers and suppliers of steel pipes and tubes to various heavy engineering industries in India and abroad. Its customers are HPSCSC, SHIMLA, Emanate Pipe Private Limited, Vindhya Telelinks Limited, Harsh Steel Pipes, and SUPER STAR STEELS (P) LTD. among others.

Promoters of Swastik Pipe – Mr. Sandeep Bansal, Smt. Geeta Devi Aggarwal, Mrs. Anupama Bansal and Mr. Shashwat Bansal

CORPORATE CAPITALVENTURES PRIVATE LIMITED B-1/E-13, Mohan Cooperative Industrial, Estate Mathura Road, New Delhi 110044 Phone : +91 11 – 41824066 Email: [email protected] Website: www.ccvindia.com

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED D-153 A, 1st Floor, Okhla Industrial Area, Phase -I New Delhi-110020 Phone : +91-11-40450193/97 Email: [email protected] Website: www.skylinerta.com

SWASTIK PIPE LIMITED 2, Arihant Nagar, Punjabi Bagh (W), New Delhi 110026, India Phone: +91-11-35453545 E-mail: [email protected] Website: www.swastikpipes.com

Swastik Pipe IPO allotment is now available on Skyline Financial Services’ website. Click on this link to get allotment status.

Swastik Pipe offer size is INR 62.5 crore.

Swastik Pipe public offer price is INR 97-100 per share.

Swastik Pipe offer lot size is 1,200 shares.

Swastik Pipe IPO GMP today is NA per share.

Swastik Pipe kostak rate today is NA per application.

Swastik Pipe Subject to Sauda rate today is NA per application.

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