What you must know about R K Swamy IPO?
by 5paisa Research Team
28 Feb 2024
Listing Details
- Listing Exchange BSE, NSE
- Listing Date 12-Mar-24
- IPO Price Range ₹270
- Listing Price ₹252
- Listing Change -12.5 %
- Last Traded Price ₹205.84
- Current Change -28.5 %
R K Swamy IPO Details
- Open Date 04-Mar-24
- Close Date 06-Mar-24
- Lot Size 50
- IPO Size ₹ 423.56 Cr
- IPO Price Range ₹ 270 to ₹ 288
- Min Investment ₹ 13,500
- Listing Exchange BSE, NSE
- Basis of Allotment 07-Mar-24
- Refunds 11-Mar-24
- Credit to Demat Account 11-Mar-24
- Listing Date 12-Mar-24
R K Swamy IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 04-Mar-24 | 0.01 | 2.99 | 8.05 | 2.22 |
| 05-Mar-24 | 0.37 | 9.74 | 18.52 | 6.06 |
| 06-Mar-24 | 20.58 | 34.24 | 33.31 | 25.78 |
R K Swamy IPO Synopsis
R K Swamy Limited IPO is set to open from 4th March to 6th March 2024. The company offers integrated marketing services. The IPO includes a fresh issue of 6,006,944 shares worth ₹173 cr. and an Offer-for-Sale (OFS) of 8,700,000 worth ₹250.56 cr. The total IPO size is ₹423.56 cr. The share allotment date is 7th March 2024, and the IPO will be listed on 12th March 2024 on the stock exchanges. The price band is set at ₹270 to ₹288 and the lot size is 50 shares.
SBI Capital Markets Limited, IIFL Securities Limited, and Motilal Oswal Investment Advisors Limited are the book-running lead managers for this IPO, while KFin Technologies Limited is the registrar.
Objectives of R K Swamy IPO
● To fund working capital expenditures to set up a digital video content production studio, new customer experience centres, and computer-aided telephonic interview centres.
● To invest in IT infrastructure development for the company and its subsidiaries Hansa Research and Hansa Customer Equity.
● To fund the working capital requirements.
● General Corporate Purposes.
R K Swamy IPO Video
R K Swamy IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 423.56 |
| Offer for sale | 250.56 |
| Fresh issue | 173.00 |
R K Swamy IPO Lot Size
| 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 Reservation
| Investors Category | Share Allocation |
|---|---|
| Revenue from operations | 2,60,417 (1.77%) |
| Anchor Allocation | To be carved out |
| QIB | 1,08,34,895 (73.67%) |
| NII (HNI) | 21,66,979 (14.73%) |
| Retail | 14,44,653 (9.82%) |
| Total | 1,47,06,944 (100.00%) |
About R K Swamy
Established in 1973, R K Swamy Limited is an integrated marketing company. In terms of revenues, it ranks 8th in the country. The service portfolio of R K Swamy includes:
● Integrated Marketing Communications
● Customer Data Analytics and Marketing Technology
● Full-Service Market Research and Syndicated Studies
The company has a total of 2,533 headcounts spread across 12 cities in India.
Some of its popular clientele is Aditya Birla Sun Life AMC Limited, Dr. Reddy’s Laboratories Limited, E.I.D.–- Parry (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 more.
Peer Comparison
● Affle (India) Limited
● Latent View Analytics Limited
● Vertoz Advertising Limited
For More Information:
Webstory on R K Swamy IPO
R K Swamy Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 292.61 | 234.41 | 173.54 |
| EBITDA | 62.90 | 44.42 | 28.82 |
| PAT | 31.25 | 19.25 | 3.07 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 313.65 | 406.44 | 390.05 |
| Share Capital | 4.44 | 4.08 | 4.08 |
| Total Borrowings | 268.42 | 390.09 | 386.75 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 29.16 | 64.00 | 49.94 |
| Net cash from / (used in) investing activities | -13.82 | -21.22 | -21.57 |
| Net cash flow from / (used in) financing activities | -44.26 | -33.48 | -27.60 |
| Net increase (decrease) in cash and cash equivalents | -28.92 | 9.30 | 0.76 |
R K Swamy IPO Key Points
-
Strengths
1. The company is an Integrated marketing services provider serving clients for 50 years.
2. It has a PAN-India presence serving clients in various industries.
3. The company has long-established relationships with key customers.
4. The company has 15 years of experience in the Data Analytics and Marketing Technology segment, with a proven ability to produce digital content at scale.
5. It is a leader in the business of market research.
6. Skilled and experienced management team.
-
Risks
1. A significant majority of our revenues from operations are derived from a limited number of customers in certain industries.
2. It also generates a majority of our revenue through Digital marketing and Integrated Marketing Communications services.
3. High working capital requirements.
4. It depends on relationships with various newspapers, media channels, advertising platforms and creative talent for advertising and marketing offerings.
5. Operates in a rapidly changing industry.
6. It has experienced negative cash flows in the past.
R K Swamy
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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R K Swamy IPO FAQs
When does the R K Swamy IPO open and close?
R K Swamy IPO opens from 4th March to 6th March 2024.
What is the size of the R K Swamy IPO?
The size of R K Swamy IPO is ₹423.56 cr.
How to apply for the R K Swamy IPO?
To apply for R K Swamy IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the R K Swamy IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of R K Swamy IPO?
The price band of R K Swamy IPO is set at ₹270 to ₹288 per share.
What is the minimum lot size and investment required for the R K Swamy IPO?
The minimum lot size of R K Swamy IPO is 50 shares and the minimum investment required to apply for the IPO is ₹13,500.
What is the allotment date of the R K Swamy IPO?
The share allotment date of R K Swamy IPO is 7th March 2024.
What is the R K Swamy IPO listing date?
The R K Swamy IPO will be listed on 12th March 2024.
Who are the book runners for the R K Swamy IPO?
SBI Capital Markets, IIFL Securities, and Motilal Oswal Investment Advisors are the book-running lead managers for R K Swamy IPO.
What is the objective of R K Swamy IPO?
R K Swamy will use proceeds for:
● To fund working capital expenditures to set up a digital video content production studio, new customer experience centres, and computer-aided telephonic interview centres.
● To invest in IT infrastructure development for the company and its subsidiaries Hansa Research and Hansa Customer Equity.
● To fund the working capital requirements.
● General Corporate Purposes.
Contact Details of R K Swamy IPO
Contact Information
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 Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: rkswamy.ipo@motilaloswal.com
Website: https://kosmic.kfintech.com/ipostatus/
R K Swamy IPO Lead Manager
IIFL Securities Ltd
SBI Capital Markets Ltd
Motilal Oswal Investment Advisors Ltd
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