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 04, 24

Closing Date

Mar 06, 24

Basis of Allotment

Mar 07, 24

Initiation of Refunds

Mar 11, 24

Credit of Shares to Demat

Mar 11, 24

Listing Date

Mar 12, 24

UPI Mandatory Expiry Date

Mar 06, 24

R K Swamy IPO Subscription Details

DateQIBNIIRetailEMPTotal

Day 1Mar 3, 2024

 0.01x 2.98x 7.99x 0.59x 2.21x

Day 2Mar 4, 2024

 0.37x 9.73x 18.40x 1.44x 6.04x

Day 3Mar 5, 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
Open a demat account with Angel One to apply for the R K Swamy Limited IPO.

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

  1. 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.

  2. 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.

  3. 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

  1. The company’s revenue is dependent on the top 10 - 50 clients. Failing to retain these clients may affect the company adversely.

  2. 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

What is R K Swamy Limited's IPO?

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.

When will R K Swamy Limited's IPO be allotted?

The IPO will be allotted on March 7, 2024.

When will R K Swamy Limited's IPO open for subscription?

RK Swamy IPO will open from March 4, 2024 to March 6, 2024.

What minimum lot size can retail investors subscribe to?

The retail investor can apply for a minimum of one lot consisting of 50 shares.

When will R K Swamy Limited list on exchanges?

RK Swamy IPO will be listed on March 12, 2024.

How do I check the allotment status of the R K Swamy Limited IPO?

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.

What would be the listing gains on the R K Swamy Limited IPO?

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.

I have finished the application process for the R K Swamy Limited IPO, but the funds still need to be debited. What is the reason?

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.

How do I approve the UPI mandate request for R K Swamy Limited's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of R K Swamy Limited using one PAN?

You can submit only one application using your PAN card.