R K SWAMY IPO is a book built issue of Rs 423.56 crores. The issue is a combination of fresh issue of 0.6 crore shares aggregating to Rs 173.00 crores and offer for sale of 0.87 crore shares aggregating to Rs 250.56 crores.
R K SWAMY IPO opens for subscription on March 4, 2024 and closes on March 6, 2024. The allotment for the R K SWAMY IPO is expected to be finalized on Thursday, March 7, 2024. R K SWAMY IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, March 12, 2024.
R K SWAMY IPO price band is set at ₹270 to ₹288 per share. The minimum lot size for an application is 50 Shares. The minimum amount of investment required by retail investors is ₹14,400. The minimum lot size investment for sNII is 14 lots (700 shares), amounting to ₹201,600, and for bNII, it is 70 lots (3,500 shares), amounting to ₹1,008,000.
SBI Capital Markets Limited, Iifl Securities Ltd and Motilal Oswal Investment Advisors Limited are the book running lead managers of the R K SWAMY IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to R K SWAMY IPO RHP for detailed information.
R K SWAMY IPO Details
| IPO Date | March 4, 2024 to March 6, 2024 |
| Listing Date | [.] |
| 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 IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
R K SWAMY IPO Timeline (Tentative Schedule)
R K SWAMY IPO opens on March 4, 2024, and closes on March 6, 2024.
| 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 |
R K SWAMY IPO Lot Size
Investors can bid for a minimum of 50 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,400 |
| Retail (Max) | 13 | 650 | ₹187,200 |
| S-HNI (Min) | 14 | 700 | ₹201,600 |
| S-HNI (Max) | 69 | 3,450 | ₹993,600 |
| B-HNI (Min) | 70 | 3,500 | ₹1,008,000 |
| Lot Size Calculator | |||
R K SWAMY IPO Promoter Holding
The promoters of the company are Srinivasan K Swamy (Sundar Swamy) and Narasimhan Krishnaswamy (Shekar Swamy).
| Share Holding Pre Issue | 83.03% |
| Share Holding Post Issue |
About R K SWAMY Limited
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.
R K SWAMY Limited Financial Information (Restated Consolidated)
R K SWAMY Limited’s revenue increased by 22.43% and profit after tax (PAT) rose by 62.34% between the financial year ending with March 31, 2023 and March 31, 2022.
| 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 | ||||
Key Performance Indicator
The market capitalization of R K SWAMY IPO is Rs 1453.37 Cr.
| KPI | Values |
|---|---|
| ROE | 16.47% |
| ROCE | 6.29% |
| Debt/Equity | 1.5 |
| RoNW | 5.41% |
| P/BV | 8.73 |
Check R K SWAMY IPO Peer Comparison here.
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.03 | 3.14 |
| P/E (x) | 40.96 | 91.63 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2023 that is available in RHP.
Objects of the Issue (R K SWAMY IPO Objectives)
The net proceeds of the Fresh Issue, i.e., gross proceeds of the Fresh Issue less the Company’s share of the Offer related expenses (“Net Proceeds”) are proposed to be utilized in the following manner:
- Funding working capital requirements of our Company;
- Funding capital expenditure to be incurred by the Company for setting up a digital video content production studio (“DVCP Studio”);
- Funding investment in IT infrastructure development of the company, and the Material Subsidiaries, Hansa Research and Hansa Customer Equity;
- Funding setting up of new customer experience centres (“CEC”) and computer aided telephonic interview centres (“CATI”) of the company; and
- General corporate purposes.
R K SWAMY Limited Contact Details
R K SWAMY Limited
No. 19, Wheatcrofts Road,
Nungambakkam
Chennai-600 034,
Phone: +91 22 4057 6499
Email: secretarial@rkswamy.com
Website: https://www.rkswamy.com/
R K SWAMY IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: rkswamy.ipo@motilaloswal.com
Website: https://kosmic.kfintech.com/ipostatus/