Swaraj Suiting IPO subscription is to start from March 15, 2022, Tuesday. The company to raise ₹10.68 crores via SME IPO at a price band of ₹56. The retail portion of this IPO is 50%, and HNI is 50% quota. The IPO subscription will close on March 15, 2022, Tuesday. The IPO bid for the IPO is 2000 shares that cost ₹112,000 for 1 lot. The face value is ₹10 per equity share. Swaraj Suiting was incorporated in 2003 based in Bhilwara, Rajasthan. The company’s main objective of manufacturing, trading, and dealing in textiles. They have their manufacturing unit in Bhilwara Rajasthan. They are manufacturers of cotton & synthetic fabric, doing weaving job work and trading of finished fabric, grey fabric, and yarn. The company reported ₹60.22 crores of revenues in 2021 against ₹80.65 crores in 2020. The company’s financial report looks good while profit is fine as per the revenues for last few years. Please check the Swaraj Suiting IPO details over here.
IPOWatch View
We recommend investors may apply for an IPO with long term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Swaraj Suiting IPO allotment status here.
Swaraj Suiting IPO Subscription Status (Live Update – Day 1)
| Category | Day 1 | Day 2 | Day 3 |
| NII | – | – | – |
| RII | – | – | – |
| Total | – | – | – |
Swaraj Suiting IPO Investor Categories
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
Swaraj Suiting IPO Date & Price Band
| IPO Open: | 15 March 2022 |
| IPO Close: | 17 March 2022 |
| IPO Size: | Approx ₹49.38 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹71 – ₹75 Per Equity Share |
| Listing on: | NSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Swaraj Suiting IPO Market Lot
The Swaraj Suiting IPO minimum market lot is 1600 shares with ₹120,000 application amount.
| IPO Lot Size: | Minimum 1600 Shares for 1 lot |
| Minimum Amount: | ₹120,000 for 1 lot |
Swaraj Suiting IPO Time Table, Allotment & Listing
The Swaraj Suiting IPO date is 15 March 2022 and the IPO close date is 17 March 2022. The allotment date is 23 March 2022 and the IPO may list on 28 March 2022.
| IPO Open Date: | 15 March 2022 |
| IPO Close Date: | 17 March 2022 |
| Basis of Allotment: | 23 March 2022 |
| Refunds: | 24 March 2022 |
| Credit to Demat Account: | 25 March 2022 |
| IPO Listing Date: | 28 March 2022 |
Swaraj Suiting IPO Subscription FAQs:
When Swaraj Suiting IPO Subscription will start?
The IPO subscription starts on 15 March 2022 for NII and Retail Investors.
How much is Swaraj Suiting IPO subscribed?
The IPO subscribed -x times on day 1.
What is Swaraj Suiting IPO Retail subscription status?
The RII subscription is -x on day 1.
How to subscribe Swaraj Suiting IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Swaraj Suiting IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
Follow IPO Watch for the latest IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.