Bookbuilding IPO | ₹424 Cr | Listed at BSE, NSE | Mon, Mar 4, 2024 - Wed, Mar 6, 2024
R K SWAMY IPO is a book build issue of ₹423.56 crores. The issue is a combination of fresh issue of 0.60 crore shares aggregating to ₹173.46 crores and offer for sale of 0.87 crore shares aggregating to ₹250.10 crores.
R K SWAMY IPO bidding started from Mar 4, 2024 and ended on Mar 6, 2024. The allotment for R K SWAMY IPO was finalized on Mar 7, 2024. The shares got listed on BSE, NSE on Mar 12, 2024.
R K SWAMY IPO price band is set at ₹288 per share. The lot size for an application is 50. The minimum amount of investment required by an retail is ₹14,400 (50 shares) (based on upper price). The lot size investment for sNII is 14 lots (700 shares), amounting to ₹2,01,600, and for bNII, it is 70 lots (3,500 shares), amounting to ₹10,08,000.
The issue includes a reservation of up to 2,87,356 shares for employees offered at a discount of ₹27.00 to the issue price.
SBI Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to R K SWAMY IPO RHP for detailed Information.
IPO Open
Mon, Mar 4, 2024
IPO Close
Wed, Mar 6, 2024
Issue Price
₹288 per share
Market Cap (Pre-IPO)
₹1,453.37 Cr
| IPO Date | 4 to 6 Mar, 2024 |
| Listed on | Tue, Mar 12, 2024 |
| Face Value | ₹5 per share |
| Price Band | ₹270 to ₹288 |
| Issue Price | ₹288 per share |
| Lot Size | 50 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹27.00 |
| Total Issue Size | 1,47,20,101 shares (agg. up to ₹424 Cr) |
| Fresh Issue | 60,28,239 shares (agg. up to ₹173 Cr) |
| Offer for Sale | 86,91,862 shares of ₹5 (agg. up to ₹250 Cr) |
| Share Holding Pre Issue | 4,44,57,140 shares |
| Share Holding Post Issue | 5,04,64,084 shares |
| BSE Script Code / NSE Symbol | 544136 / RKSWAMY |
| ISIN | INE0NQ801033 |
R K SWAMY IPO offers total 1,47,33,883 shares. Out of which 1,08,34,896 (73.54%) allocated to QIB, 43,33,959 (29.41%) allocated to QIB (Ex- Anchor), 21,66,979 (14.71%) allocated to NII 14,44,652 (9.80%) allocated to RII and 65,00,937 (44.12%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 1,08,34,896 (73.54%) | NA |
| − Anchor Investor Shares Offered | 65,00,937 (44.12%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 43,33,959 (29.41%) | NA |
| NII (HNI) Shares Offered | 21,66,979 (14.71%) | NA |
| − bNII > ₹10L | 14,44,652 (9.80%) | 2,063 |
| − sNII < ₹10L | 7,22,327 (4.90%) | 1,031 |
| Retail Shares Offered | 14,44,652 (9.80%) | 28,893 |
| Employee Shares Offered | 2,87,356 (1.95%) | NA |
| Total Shares Offered | 1,47,33,883 (100.00%) |
Investors can bid for a minimum of 50 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,400 |
| Retail (Max) | 13 | 650 | ₹1,87,200 |
| S-HNI (Min) | 14 | 700 | ₹2,01,600 |
| S-HNI (Max) | 69 | 3,450 | ₹9,93,600 |
| B-HNI (Min) | 70 | 3,500 | ₹10,08,000 |
R K SWAMY IPO raises ₹187.23 crore from anchor investors. R K SWAMY IPO Anchor bid date is March 1, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Mar 1, 2024 |
| Shares Offered | 65,00,937 |
| Anchor Portion (₹ Cr.) | 187.23 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Apr 6, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Jun 5, 2024 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Founded in 1973, R K Swamy Limited is engaged in the business of integrated marketing communications, customer data analysis, full-service market research and syndicated studies.
R K Swamy is a data-driven, integrated marketing services provider that leverages digital initiatives extensively across all areas of its business.
In FY2023, the company published more than 818 creative campaigns on behalf of its clients across various media. It also processed more than 97.69 terabytes of data and conducted over 2.37 million consumer interviews in the form of quantitative, qualitative and telephone surveys.
The company's numerous clients include 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 Natural Gas Corporation Limited, Royal Enfield (a unit of Eicher Motors), Shriram Finance Limited, Tata Play Limited, Ultratech Cement Limited, and Union Bank of India.
The company employs 2,391 people across 12 offices and 12 field offices in 12 cities in three business segments.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 252.23 | 313.65 | 406.44 | 390.06 |
| Total Income | 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 | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 54.00 |
| 2 | Funding capital expenditure to be incurred by the Company for setting up a DVCP Studio | 10.99 |
| 3 | Funding investment in IT infrastructure development of the Company, and the Material Subsidiaries Hansa Research and Hansa Customer Equity | 33.34 |
| 4 | Funding setting up of new CEC and CATI of the Company | 21.74 |
| 5 | General corporate purposes | 36.26 |
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 16.47% |
| ROCE | 6.29% |
| Debt/Equity | 1.50 |
| RoNW | 5.41% |
| PAT Margin | 5.56% |
| Price to Book Value | 8.73 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.03 | 3.14 |
| P/E (x) | 40.96 | 91.63 |
| Promoter Holding | 83.03% | |
| Market Cap | ₹1,453.37 Cr. |
The R K SWAMY IPO is subscribed 25.78 times on March 6, 2024 6:21:00 PM (Day 3). The public issue subscribed 33.31 times in the retail category, 20.58 times in the QIB category, and 34.24 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 20.58 | 43,33,959 | 8,92,03,500 |
| NII | 34.24 | 21,66,979 | 7,42,04,950 |
| bNII (bids above ₹10L) | 35.73 | 14,44,652 | 5,16,16,050 |
| sNII (bids below ₹10L) | 31.27 | 7,22,327 | 2,25,88,900 |
| Retail | 33.31 | 14,44,652 | 4,81,21,350 |
| Employee | 2.46 | 2,87,356 | 7,07,950 |
| Total | 25.78 | 82,32,946 | 21,22,37,750 |
Total Application : 8,74,166
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission) | 1.77 |
| 2 | Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.12 |
| 3 | Fees payable to the Registrar to the Offer | 0.02 |
| 4 | Fees payable to the advisors and consultants to the Offer (including Statutory Auditors, Independent Chartered Accountant, Industry expert and other consultants) | 0.44 |
| 5 | Listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 0.32 |
| 6 | Printing and distribution of stationery | 0.10 |
| 7 | Advertising and marketing expenses | 0.83 |
| 8 | Fee payable to legal counsels | 0.38 |
| 9 | Miscellaneous | 0.15 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹288.00 | ₹288.00 |
| Open | ₹252.00 | ₹250.00 |
| Low | ₹248.00 | ₹243.00 |
| High | ₹284.50 | ₹284.90 |
| Last Trade | ₹263.25 | ₹262.60 |
R K SWAMY IPO is a main-board IPO of 1,47,20,101 equity shares of the face value of ₹5 aggregating up to ₹424 Crores. The issue is priced at ₹288 per share. The minimum order quantity is 50.
The IPO opens on Mon, Mar 4, 2024, and closes on Wed, Mar 6, 2024.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in R K SWAMY IPO using UPI as a payment gateway. Zerodha customers can apply in R K SWAMY IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in R K SWAMY IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The R K SWAMY IPO opens on Mon, Mar 4, 2024 and closes on Wed, Mar 6, 2024.
R K SWAMY IPO lot size is 50, and the minimum amount required for application is ₹14,400.
You can apply in R K SWAMY IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for R K SWAMY IPO will be done on Thursday, March 7, 2024, and the allotted shares will be credited to your demat account by Mon, Mar 11, 2024. Check the R K SWAMY IPO allotment status.
The R K SWAMY IPO listing date is on Tue, Mar 12, 2024.
