New Swan Multitech Limited IPO (New Swan Multitech IPO) Detail

Its good the stock has not broken 100 support level. Sideways trend is good and lets hope a big player enters again and move the stock.

I exited in loss as its make low below 100.

I also exited in loss@102 as it broke 100 level and may correct deeper.
I will reenter having observed daily charts

@NEWGEN SIR WAITING FOR YOUR FINAL VERDICT REGARDING THIS IPO.

​@JAISHREERAM @Mr Specter @Noorul @Lokes @SJogi Sir will it touch ipo price in short term? Plz advise

I think it has going down due to too much expectation as before ipo management already taken bonus and I seen many SME who takes time up to one year or more for true direction (up or down due to results cycles). Uncertainty perceived.All expert please correct me if I am wrong.

Flippers have destroyed this good stock!
😔

No movement at all even after circuit revision - Looks like operators are not allowing any movement to throw out all retailers. Any expert can give target for this stock for short term ? Or is it better to exit at this level ? (Alloted one lot in IPO)

When is the circuit revision?

okay, thanks

Sir, you know more than me if stock is good no one is going to stop it except time. Means if swan has potential than it will shine but take time.

30 Jan 2024      MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED      B      160000      @112.34

30 Jan 2024      MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED      S      130000      @112.34

30 Jan 2024      MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED      S      102000      @112.34

tomorrow Mansi Will try something different on this :D

Can someone explain why & how ?
Mansi sold and bought with same account name a t2t stock at LC in high quantities. Buying and selling at same price what benefit it does ? They don't have to pay any charges ? STT n all..
+ it was lowest price till date so sold in Loss ..but then Bought it back at same price ?

detailed analysis:

📌NEW SWAN introduced E-Axle for EV vehicles✅. It is indigenous design suitable for Indian Road conditions. All the components are produced in their state of the Art manufacturing plant with efforts of their strong R&D team.💫

📌📌 ➡️ ➡️
▪️Incorporated in 2014, New Swan Multitech Limited✅(bse code: SWANAGRO) specialises in the manufacture of precision-engineered components and parts for two sectors: the automotive industry and modern farming.

▪️The company's product portfolio for the automotive industry includes assembly engine hangers, hinge body covers, front cover stay components, fuel filler cap components, main stand complete assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, battery tray components, and many other parts that are important for two-wheeler vehicles.

▪️For farming, the company manufactures rotovators, seeders, super seeders, weeders, potato planters, potato diggers, fertilizer spreaders, mulchers, puddlers, laser land levellers, disc ploughs and many other agricultural implements.(➡️that cater to different aspects of farming such as soil preparation, sowing, crop management, harvesting and crop residue management.✅)

📌📍In automotive segment, the company supplies most of its products directly to OEMs in finished (machined) condition. In the two-wheeler vertical, it has relationship spanning over 6 years with Honda Motorcycle and Scooter India ("HMSI")🚀, which is largest customer in terms of revenue for Fiscal 2023, over 3 years with MG Motors🚀 to which it supplies passenger car components and over 3 years with Mahindra & Mahindra🚀 to which it supplies agricultural implements.✅

▪️As of September 30, 2023, its product portfolio has over 300 SKU's💫 of agricultural implements and auto components. It also owns 5 design registrations🔥 relating to agricultural implements i.e. Mulcher, power weeder, crop planter, potato harvester and potato planter which are registered with the Patent Office, Government of India.

▪️Within the domain of agricultural implements, its product distribution encompasses an extensive network of over 200 dealers, covering 11 states in India. NSML's reach also extends to supplying agricultural implements to notable OEMs such as Mahindra & Mahindra, John Deere India🔥🔥 etc.

📍It also exports agricultural implements to countries like Mauritius, Russia, Kazakhstan, South Africa, Sudan and Nepal.💫

▪️They also design and manufacture various types of brackets, such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets.

▪️Agricultural Implements (Raian unit punjab): 46% - 60% utilization.
▪️Auto components (Vithlapur unit ,gujarat): 42% utilization

▪️For Fiscal 2023, its 60.70% revenue came from auto components segment and 37.13% from agricultural implements segment.

📌MAJOR MILESTONES:
➢Technical Agreement with GUMNA SEIKO JAPAN for Cold Forging Components.💫

➢Marketing Collaboration with FAZA SRL ITALY for Agricultural Implements.✅

➢Tie up with ESCORT TRACTORS LIMITED for Agricultural Implements.
Abhishek Mehta

📌📌
▪️IPO price: Rs.66
▪️IPO size: 33.11 CR (excluding anchors, size is 23.69 Cr)
▪️CMP:Rs.115
▪️bse code: SWANAGRO
▪️Market cap: 218 CR
▪️P/E: 22✅ (Peers in range 36 to 233😮)
▪️ROE: 33.27%
▪️ROCE: 24.86%
▪️RoNW: 33.27%
▪️Debt/Equity: 1.31
▪️Assets:138Cr
▪️Total Borrowing:47.9Cr (Reserves and Surplus:20.8Cr)
▪️Share Holding Pre Issue:100%
▪️Share Holding Post Issue:73.62%

📌FINANCIALS:
▪️FY24H1 Rev: 77.89Cr🔥
▪️FY24H1 PAT: 4.98 Cr🔥
▪️FY23 revenue is 151.42 CR as compared to 145.5 CR(FY22), 4%✅ growth yoy.
▪️FY23 PAT is 9.91 CR as compared to 3.63 CR(FY22), 173%✅ growth yoy.
▪️2% growth in revenue in last 2 years.
▪️190%🔥 growth in PAT in last 2 years.

(PAT margins of 2.29% (FY21), 2.50% (FY22), 6.56% (FY23), 6.39% (H1-FY24)✅)

📌IPO funds:
From the net proceeds, it will utilize Rs. 3.90 cr. for capital expenditure on certain machineries, Rs. 8.00 cr. for repayment of certain borrowings Rs. 15.50 cr. for working capital and the rest for general corporate purpose.

📌PEERS:
As per the offer document, the company has shown Sansera Engg., Endurance Techno and JBM Auto as their listed peers. They are trading at a P/E of 35.53, 63.25 and 232.82 (as of January 05, 2024). However, they are not comparable on an apple-to-apple basis.
(SWAN AGRO at 22)

📌CLIENTS:�
Abhishek Mehta
�

📌SECTOR GROWTH:

▪️Due to the high development prospects in all vehicle industry segments, the auto component sector is expected to see double-digit growth in FY23. The industry is expected to stand at US$ 200 billion✅ by FY26.

▪️The Indian agricultural equipment market size reached INR 1,129.6 Billion in 2023. Looking forward, IMARC✅ Group expects the market to reach INR 2,527.4 Billion💫 by 2032, exhibiting a growth rate CAGR of 9.1% during 2024-2032.

▪️As per the Automobile Component Manufacturers Association (ACMA✅) forecast, auto component exports from India is expected to reach US$ 30billion by 2026.

▪️The auto components industry accounted for 2.3% of India’s GDP and provided direct employment to 1.5 million people. By 2026, the automobile component sector will contribute 5-7% of India's GDP.

▪️The component sales to OEMs in the domestic market grew by 46% to US$ 27.27 billion (Rs. 2.23 lakh crore🔥).

📌STRENGTH:
➢In-house Manufacturing capabilities.✅
➢Large base of dealers and customers along with strong relationship.💫
➢Stringent quality control mechanism ensuring standardized product quality.
➢Synergy of young and experienced management team with a committed employee base.(promoter have 38 years of experience).
➢Wide Range of Products.

📌FUTURE PLAN:
▪️Continue to invest in their technological capabilities.💫

▪️Expand their domestic presence in existing and new markets.✅

▪️Geographical reach through marketing network.

▪️Focus on consistently meeting quality standards.

▪️Maintaining cordial relationship with our Suppliers, Customer and employees.

follow me on twi... id named Sjogi.

UC today 🔥

Today 7.5 Lakh shares are traded and they are all coming for selling tmmr

Today UC also not Strong. Almost released

Now share on strong hand.

​@RPSM Kasam se pehli bar kisine Dil ki baat boli hai ... I was the last guy who sold it at today's UC just before 3:30... Although I would miss profits if it rallied from here but something definitely felt fishy around 3:20-3:30 today.

seems flippers gone.. its good for stock

Happy to see finally it's UC, hope it will continue 😀.

Very close to UC again...

Again LC .. good try today.. but UC se just thoda sa pehle Buyers dheele pad gye ... And it returned..

But I think now flippers ka maximum maal nikal gaya hai.. and in good hands of our senior members here..

hope it hits UC today

Hope from tommorow it will be stable.

Bought few lots of new swan in pre open today! Will post the detailed analysis soon.

Share your analysis soon.. we are waiting!

Good buy @SJogi valuations are pretty fair. Added before and will add them tomorrow as well 👍

Sales of company is stagnant from 3 years. Just that profit margin has improved. It will be difficult to give rally witout increase in sales.

P/E - 22.47      low compare to Avg Sec P/E - 32.78
ROCE - 25.4 % high compare to Avg Sec ROCE% - 14.65
ROE - 40.1 % Face Value - ₹ 10.0

Let's see where it goes. High QIB participation still not moving accordingly. :D

Hold Tight.

kuch to gadbad h isme ,warna itna high subcripations ke bad bhi stock LC pr h

Again huge LC ... Is it a trap by those flippers ??

Total 274000 share at LC with only 11 order. Means trader is selling at LC.
It will break again

What in the world?
Lower circuit after huge volumes.

7 sellers with 264000 sell quantity.
Operators weren't able to offload today.

Next level manipulation.
2 Lead managers, still failed post listing.

Bottom catch karne ke chakkar mai bhot acche trades miss kr diye mene last 1 year mai.. + second learning kuch acha jese Ireda mil gya tha toh hold nhi kiya 32 ka 50-60-100-120 tak sab bech diya..

Toh yeh jab UCs khulne ke baad mushkil se Mila tha toh LCs par bechne ka koi sense nahi .
Forum ki positivity ko dekhte hue . Will try to add more if it gives chance in future ..

Who all are holding here for long term???