The R K SWAMY IPO is a book-built issue aiming to raise Rs 423.56 crores. This comprises a fresh issue of 0.6 crore shares, totaling Rs 173.00 crores, and an offer for sale of 0.87 crore shares, amounting to Rs 250.56 crores.
The subscription for the R K SWAMY IPO begins on March 4, 2024, and concludes on March 6, 2024. The allotment results are anticipated to be determined by Thursday, March 7, 2024. The IPO is scheduled to be listed on both BSE and NSE, with a tentative listing date set for Tuesday, March 12, 2024.
The price band for the R K SWAMY IPO is fixed at ₹270 to ₹288 per share. The minimum lot size for an application is 50 shares, requiring a minimum investment of ₹14,400 for retail investors. Small Non-Institutional Investors (sNII) need to invest in a minimum of 14 lots (700 shares), totaling ₹201,600, while Big Non-Institutional Investors (bNII) are required to invest in a minimum of 70 lots (3,500 shares), amounting to ₹1,008,000.
SBI Capital Markets Limited, Iifl Securities Ltd, and Motilal Oswal Investment Advisors Limited serve as the book running lead managers for the R K SWAMY IPO, with Kfin Technologies Limited acting as the registrar for the issue.
R K SWAMY IPO Details
| Details | Values |
|---|---|
| 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 |
| Shareholding pre-issue | 44,457,140 |
| Shareholding post-issue | 50,464,084 |
R K SWAMY IPO Timeline (Tentative Schedule)
| Event | Date |
|---|---|
| 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
| 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 |
About R K SWAMY Limited
Established in 1973, R K Swamy Limited is a dynamic player in the field of integrated marketing communications, customer data analysis, comprehensive market research, and syndicated studies.
Distinguished as a data-driven, integrated marketing services provider, R K Swamy effectively utilizes digital strategies across all facets of its operations.
In the fiscal year 2023, the company showcased its prowess by executing over 818 creative campaigns for clients across diverse media channels. Handling a staggering 97.69 terabytes of data, R K Swamy conducted more than 2.37 million consumer interviews, employing quantitative, qualitative, and telephone survey methodologies.
R K Swamy boasts a notable clientele, including entities like 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.
With a workforce of 2,391 employees spread across 12 offices and 12 field offices in 12 cities, R K Swamy operates in three distinct business segments, solidifying its position as a versatile and influential market player.
R K SWAMY Limited Financial Information (Restated Consolidated)
| 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
The utilization of the net proceeds from the Fresh Issue, which represents the gross proceeds deducted by the Company’s share of the Offer-related expenses, is intended for the following purposes:
- Funding the working capital requirements of our Company.
- Funding the capital expenditure for establishing a digital video content production studio (“DVCP Studio”).
- Funding the development of IT infrastructure for the company and its Material Subsidiaries, Hansa Research and Hansa Customer Equity.
- Funding the establishment of new customer experience centres (“CEC”) and computer-aided telephonic interview centres (“CATI”) for the company.
- General corporate purposes.
Key Performance Indicator
The market capitalization of R K SWAMY IPO is Rs 1453.37 Cr.
KPI as of September 30, 2023.
| KPI | Values |
|---|---|
| ROE | 16.47% |
| ROCE | 6.29% |
| Debt/Equity | 1.5 |
| RoNW | 5.41% |
| P/BV | 8.73 |
| PAT Margin (%) | 5.56 |