The R K Swamy Limited will be opens for subscription on March 4, 2024 and closes on March 6, 2024. Read the post to learn about R K Swamy Limited IPO GMP.
The R K Swamy IPO is structured as a book built issue, with a value of Rs 423.56 crores. Investors can acquire shares of R K Swamy through its IPO at a price range of ₹270 to ₹288 per share. For each application, a minimum of 50 Shares is necessary. To start investing, retail investors need a minimum of ₹14,400. The minimum investment threshold for sNII is set at 14 lots (700 shares), requiring ₹201,600, whereas for bNII, it is 70 lots (3,500 shares), amounting to ₹1,008,000.
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Bidding Dates
March 4-6
Price Range
₹270 to ₹288 per share
Face Value
₹5 per share
GMP
₹0
R K Swamy Limited GMP
The R K Swamy Limited IPO GMP is ₹0.
IPO Overview
The book-built issuance of R K SWAMY IPO amounts to Rs 423.56 crore. Included in the offer are 0.6 crore fresh issue shares, valued at Rs 173.00 crores, and an offer to sell 0.87 crore shares, totaling Rs 250.56 crores. Mark your calendars! R K SWAMY’s IPO kicks off on March 4, 2024, wrapping up on March 6, 2024. The R K SWAMY IPO allotment is set to conclude by Thursday, March 7, 2024. Anticipate the listing of R K SWAMY’s IPO on the BSE and NSE, tentatively scheduled for Tuesday, March 12, 2024.
Investors can expect R K SWAMY’s IPO to be priced between ₹270 and ₹288 per share. R K Swamy Limited IPO GMP Today is ₹0. The application requires a minimum lot size of 50 shares. A minimum of ₹14,400 is necessary for retail investors to begin. For sNII, the minimum investment starts at 14 lots (equivalent to 700 shares) amounting to ₹201,600, while for bNII, it begins at 70 lots (3,500 shares) valued at ₹1,008,000.
R K SWAMY IPO Details
| IPO Date | March 4, 2024 to March 6, 2024 |
| Listing Date | 12-Mar-2024 |
| Face Value | ₹5 per share |
| Price Band | ₹270 to ₹288 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 14,706,944 shares (aggregating up to ₹423.56 Cr) |
| Fresh Issue | 6,006,944 shares (aggregating up to ₹173.00 Cr) |
| Offer for Sale | 8,700,000 shares of ₹5 (aggregating up to ₹250.56 Cr) |
| Employee Discount | Rs 27 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 44,457,140 |
| Share holding post issue | 50,464,084 |
R K SWAMY Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 252.23 | 313.65 | 406.44 | 390.06 |
| Revenue | 142.55 | 299.91 | 244.97 | 183.22 |
| Profit After Tax | 7.93 | 31.26 | 19.26 | 3.08 |
| Net Worth | 146.66 | 140.81 | 111.93 | 98.22 |
| Reserves and Surplus | 28.85 | 40.79 | 12.27 | -0.43 |
| Total Borrowing | 51.05 | 4.51 | 28.73 | 45.68 |
| Amount in ₹ Crore | ||||
R K Swamy Limited IPO Financials
| IPO Open Date | Monday, March 4, 2024 |
| IPO Close Date | Wednesday, March 6, 2024 |
| Basis of Allotment | Thursday, March 7, 2024 |
| Initiation of Refunds | Monday, March 11, 2024 |
| Credit of Shares to Demat | Monday, March 11, 2024 |
| Listing Date | Tuesday, March 12, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 6, 2024 |
Company Profile
Established in 1973, R K Swamy Limited specializes in integrated marketing communications, customer data analysis, full-service market research, and syndicated studies. Utilizing data-driven approaches, R K Swamy functions as a seamlessly integrated marketing services entity, with a strong emphasis on digital methodologies. In FY2023, the company launched more than 818 creative campaigns on behalf of its clients across many media platforms. It also processed more than 97.69 terabytes of data and conducted over 2.37 million consumer interviews, including
quantitative, qualitative, and telephone surveys. Aditya Birla Sun Life AMC Limited, Cera Sanitaryware Limited, Dr. Reddy’s Laboratories Limited, E.I.D.- Parry (India) Limited, Fujitsu General (India) Private Limited, Gemini Edibles and Fats India Limited, Havells India Limited, Hawkins Cookers Limited, Himalaya Wellness Company, Hindustan Petroleum Corporation Limited, ICICI Prudential Life Insurance Company Limited, IFB Industries Limited, Mahindra and Mahindra Limited, Oil and The company employs 2,391 people in 12 offices and 12 field offices across 12 cities in three business divisions.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | rkswamy.ipo@motilaloswal.com |
| Website | kosmic.kfintech.com |
Contact Details
| Name | R K SWAMY Limited |
| Phone number | +91 22 4057 6499 |
| Email ID | secretarial@rkswamy.com |
| Website | rkswamy.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
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