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HSB SECURITIES & EQUITIES LIMITED
Formerly known as HSE Securities Ltd
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New Swan Multitech Ltd.
Issue Open Date 11-Jan-24  
Issue Closing Date 15-Jan-24  
Application Money 100  
Allotment Money  
Price Band () 62 - 66  
Minimum Bid Quantity. 2000  
Issue Size (Shares) 5016000  
Market Lot 1  
Objective

1. Funding of capital expenditure towards purchase of certain machineries for existing manufacturing unit located at Raian,Ludhiana.2. Repayment of a portion of certain borrowing availed by our Company.3. To meet working capital requirements.4. General Corporate Purpose.

Business Description

Incorporated in 2014, we are an engineering-led manufacturer of (i) complex and critical precision engineered components and parts used in automotive sector (“auto components”) and (ii) agricultural farm machineries designed to meet the diverse needs of modern farming (“agricultural implements”). Within the automotive sector, we manufacture, procure and supply a range of precision machined tubu...

Promoter's Holding
Total Share Capital   14000240  
Offered to Public   5016000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   73.62  
Address
Address :Shop No. 310
3rd Floor
Vardhman
Crown Mall
Plot No. 2
Sector-19
District Court Complex Dwarka
South West Delhi
City :New Delhi, State :Delhi Pincode :110075 Phone :0161-4346000 Email : ac-nsmlr@newswan.in Website : www.swanagro.in
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Hem Securities Ltd.
Share India Capital Services Pvt Ltd.
Promoters
Barunpreet Singh Ahuja
Kanwardeep Singh
Upkar Singh

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Registration No.s:- SEBI Registration No: INZ000179235, BSE: 902, NSE: 11030, CDSL/NSDL Sebi Regn No: IN-DP-382-2018, CDSL DP ID: 54500, NSDL DP ID: IN302734, CIN: U67120TG1999PLC032788.

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