R K SWAMY - AstroIPO

R K SWAMY IPO


March 3, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

RK Swamy Ltd., a prominent name in business support services, is launching its IPO on March 4, 2024. The company is offering 147.34 lakh shares at a price band of Rs. 270-288 per share, aiming to raise between Rs. 397.81-424.34 crore.

The IPO will be open for a brief period, closing on March 6, 2024. Retail subscribers can apply for a minimum of 50 shares, with a maximum subscription limit of Rs. 5 lakh. The shares are set to list on both NSE and BSE on March 12, 2024.

RK Swamy’s strong presence in the business support sector could make this IPO attractive for those looking to diversify their holdings. The company’s established reputation and the growing demand for business support services in India may position it well for future growth.

R K SWAMY IPO Details

IPO Size 424
Price Range ₹270 to ₹288
Retail Quota 10%
QIB Quota 75%
NII Quota 15%
Employee Discount --
Listing at NSE and BSE
Minimum Quantity 50
Investment (cut-off price) ₹14,400
Pre IPO Promotor Holding 83.03%
Post IPO Promotor Holding --
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

R K SWAMY IPO Timelines

04/03/2024
Start Date
07/03/2024
End Date
07/03/2024
Allotment Date View Status
11/03/2024
Refund Initiation
11/03/2024
Credit of Shares to Demat Ac
12/03/2024
Listing Date

R K SWAMY IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 50 ₹14,400
Retail Maximum 13 650 ₹187,800
S-HNI Minimum 14 700 ₹201,600
B-HNI Minimum 70 3500 ₹201,600

R K SWAMY IPO Subscription Status

QIB NII Retail EMP Total
20.58 x 34.36 x 34.03 x 2.52 x 25.94 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹250 ₹262.60 ₹284.90 ₹243

R K SWAMY IPO Company Financials

Year Total Income Total Expense PAT
FY 2021 ₹183.22 ₹154.39 ₹3.07
FY 2022 ₹244.97 ₹200.54 ₹19.25
FY 2023 ₹299.91 ₹237.00 ₹31.25
FY 2024 (6 M) ₹142.55 ₹121.58 ₹7.93

About Company

R K Swamy Limited is an integrated marketing service group operating in India. It provides a range of creative, media, data analytics, and market research services. The company’s clientele is spread across industries and includes names such as Aditya Birla Sun Life AMC, Cera Sanitaryware, Dr. Reddy’s Laboratories, Havells India, and Tata Play.

In Fiscal 2023 and the first half of September 2023, the company launched 818 and 438 creative campaigns on behalf of its clients. Additionally, it managed 97.69 and 140.05 terabytes of data and conducted 2.37 million and 1.44 million consumer interviews through quantitative, qualitative, and telephonic surveys, respectively.

Incorporation Date Sector Managing Director
1973 Business Support Srinivasan Swamy

Know Before Investing

R K SWAMY IPO Strengths

  • The company is an Integrated marketing services provider serving clients for 50 years.
  • It has a PAN-India presence serving clients in various industries.
  • The company has long-established relationships with key customers.
  • 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.
  • It is a leader in the business of market research.
  • Skilled and experienced management team.

R K SWAMY IPO Risks

  • A significant majority of their revenues from operations are derived from a limited number of customers in certain industries.
  • It also generates a majority of their revenue through Digital marketing and Integrated Marketing Communications services.
  • High working capital requirements.
  • It depends on relationships with various newspapers, media channels, advertising platforms and creative talent for advertising and marketing offerings.
  • Operates in a rapidly changing industry.
  • It has experienced negative cash flows in the past.

Swot Analysis for R K SWAMY IPO

Strengths

Weaknesses

Opportunities

Threats

Contact Details of IXIGO

R K SWAMY Limited No. 19, Wheatcrofts Road, Nungambakkam Chennai-600 034, Phone: +91 22 4057 6499 Email: [email protected] Websitehttps://www.rkswamy.com/

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://kosmic.kfintech.com/ipostatus/

Company Details

R K SWAMY Limited

No. 19, Wheatcrofts Road,
Nungambakkam
Chennai-600 034,

Phone: +91 22 4057 6499

Email: [email protected]

Website: https://www.rkswamy.com/

IPO Registar Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://kosmic.kfintech.com/ipostatus/

FAQs

The key objectives of R K Swamy IPO are:

  • Funding working capital requirements of their Company.
  • Funding capital expenditure to be incurred by the Company for setting up a digital video contentproduction studio (“DVCP Studio”).
  • Funding investment in IT infrastructure development of their Company, and their Material Subsidiaries,Hansa Research and Hansa Customer Equity.
  • Funding setting up of new customer experience centres (“CEC”) and computer aided telephonicinterview centres (“CATI”) of their Company.

Motilal Oswal Investment Advisors Pvt Ltd, SBI Capital Markets Ltd, IIFL Securities Ltd. are the book-running lead managers for the R K Swamy IPO.

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