IPO Details
Bidding Dates
04 Mar '24 - 06 Mar '24
Minimum Investment
₹14,400 / 1 Lot ( 50 Shares )
Price Range
₹270 - ₹288
Maximum Investment
₹187,200 / 13 Lots ( 650 Shares )
Retail Discount
Not Applicable
Issue Size
₹423.56 crore
Investor category and sub category
Retail Individual Investors | Non-Institutional Investors | Qualified Institutional Buyers (QIB) |IPO Dates
Important dates with respect to IPO allotment and listing
Opening Date
Mar 4, 2024
Closing Date
Mar 6, 2024
Basis of Allotment
Mar 7, 2024
Initiation of Refunds
Mar 11, 2024
Credit of Shares to Demat
Mar 11, 2024
Listing Date
Mar 12, 2024
UPI Mandatory Expiry Date
Mar 6, 2024
R K Swamy IPO Subscription Details
| Date | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
Day 1Mar 4, 2024 |
0.01x | 2.98x | 7.99x | 0.59x | 2.21x |
Day 2Mar 5, 2024 |
0.37x | 9.73x | 18.40x | 1.44x | 6.04x |
Day 3Mar 6, 2024 |
0.37x | 13.65x | 22.36x | 1.76x | 7.78x |
R K Swamy IPO Subscription Status Live
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers | 0.37 |
| Non-Institutional Buyers | 13.65 |
| Retail Investors | 22.36 |
| Employees | 1.76 |
| Total | 7.78 |
About R K Swamy Limited
Incorporated in 1973, R K Swamy Limited is an integrated marketing services provider in India. It offers a single-window solution for media, creative, market research and data analytics services. The company offers a wide range of services in the business segments: integrated marketing communications, customer data analytics and marketing technology, full-service market research, and syndicated studies.
They have their offices across Mumbai, Delhi, Bengaluru, and Kolkata. Hansa Research and Hansa Customer Equity are the company's wholly owned subsidiaries.
In India, the marketing services market grew at a CAGR of 5.6% between FY 2019 and 2023, reaching Rs 1,936 billion in FY23, supported by growth in the marketing spends of Indian corporate companies, a rise in revenue of companies and an increase in gross domestic output in the economy. The addressable market for overall marketing services in India is to grow at a 12.5-14.5% CAGR between fiscal 2023 and 2028.
R K Swamy Limited IPO Details
R K Swamy Limited IPO Dates
R K Swamy Limited’s IPO will open from March 4, 2024, to March 6, 2024.
R K Swamy Limited IPO Price Band
R K Swamy IPO is a mix of a fresh issue and an Offer for Sale. The price range of the IPO will be ₹270 to ₹288 per share.
R K Swamy Limited IPO Lot Size
The retail investor can apply for a minimum of one lot consisting of 50 shares.
R K Swamy Limited IPO Objectives
The objectives of R K Swamy Limited's IPO are listed below:
- To fund the working capital requirement of the company.
- To meet general corporate purposes.
- To fund capital expenditure for setting up a DVCP Studio.
- To fund investment in the IT infrastructure development of the company and for Material Subsidiaries Hansa Research and Hansa Customer Equity.
- To fund the new CEC and CATI set-up of the company.
Peer Details
R K Swamy faces competition from publicly listed players like Affle (India) Limited and Latent View Analytics, which operates in the same business.
How To Check the R K Swamy Limited Allotment Status?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you applied for and check the allotment status
- Angel One will notify you of your IPO allotment status via push notification and email
Contact Details of R K Swamy Limited IPO
- Registered office: No. 19, Wheatcrofts Road, Nungambakkam, Chennai 600034, Tamil Nadu, India.
- Phone: +91 22 40576499
- E-mail: secretarial@rkswamy.com
IPO Financials
| Particulars | Period ended on September 30, 2023 | Period ending on March 31, 2023 | Period ending on March 31, 2022 | Period ending on March 31, 2021 |
|---|---|---|---|---|
| Revenue from operations | 1,410.97 | 2,926.13 | 2,344.13 | 1,735.46 |
| Profit After Tax | 79.31 | 312.58 | 192.55 | 30.77 |
| Net Worth | 1,466.56 | 1,408.14 | 1,119.31 | 982.15 |
| Earnings Per Share | 1.78 | 7.03 | 4.33 | 0.69 |
| Total Borrowings | 510.46 | 45.05 | 287.30 | 456.76 |
Know before investing
Strengths
3-
The net worth of the company increased by ~44% from ₹982.15 million on March 31, 2021, to ₹1,408.14 million on March 31, 2023.
-
The profit after tax of the company has increased by more than 100% from ₹30.77 million on March 31, 2021, to ₹312.58 million on March 31, 2023.
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The company’s client base includes prominent companies like Cera Sanitaryware, Aditya Birla Sun Life AMC, Dr. Reddy’s Laboratories, Fujitsu General (India), Gemini Edibles and Fats India, Havells India, Hawkins Cookers, Himalaya Wellness Company, Tata Play, Ultratech Cement, Union Bank of India, and many more.
Risks
2-
The company’s revenue is dependent on the top 10 - 50 clients. Failing to retain these clients may affect the company adversely.
-
The company is highly dependent on industries like Banking, Financial Services and Insurance (BFSI), Automotive and Fast-Moving Consumer Goods (FMCG)/Consumer Durables/Retail/E-Commerce. If the marketing services demand in these industries decreases, it can affect the company’s revenue.
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R K Swamy Limited IPO FAQs
The R K Swamy Ltd IPO contains both a fresh issue and an offer for sale. The IPO dates are March 4, 2024, to March 6, 2024, and the price range of the IPO is ₹270 to ₹288 per share.
The IPO will be allotted on March 7, 2024.
RK Swamy IPO will open from March 4, 2024 to March 6, 2024.
The retail investor can apply for a minimum of one lot consisting of 50 shares.
RK Swamy IPO will be listed on March 12, 2024.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is on March 12, 2024, for R K Swamy Ltd.
The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
