RK Swamy IPO: Should you subscribe or skip?

Posted on:
Key Points

The IPO offering of Rs 423.56 crore includes a fresh issue of 60 lakh shares worth Rs 173 crore and an offer for sale of 87 lakh shares valued at Rs 250.56 crore.. ...

RK Swamy is a top-integrated marketing service group in India, providing a comprehensive solution for creative, media, data analytics, and market research services, ranking 8th in estimated operating revenue among similar service groups...

"At the upper price band, the company is valued at a Price/Earnings (P/E) ratio of 46.5 for its FY23 earnings, with a post-issue market capitalisation of Rs 1,453 crore and a return on net worth of 22.2 per cent..

The price band for the RK Swamy IPO has been set at Rs 270 to Rs 288 per share, with a minimum lot size of 50 shares..

SBI Capital Markets Limited, IIFL Securities Ltd, and Motilal Oswal Investment Advisors Limited are serving as the book running lead managers for the RK Swamy IPO, with KFin Technologies Limited acting as the registrar for the issue...

You might be interested in

RK Swamy IPO Day 2: Check GMP, subscription status, review, key dates, more. Should you subscribe or not?

05, Mar, 24

R K Swamy's IPO comprises a fresh issue of ₹173 crore and an offer-for-sale of up to 8,700,000 equity shares. Proceeds will fund working capital, digital video studio, IT infrastructure, customer experience centers, and more.

RK Swamy IPO: Firm mobilises ₹187 crore from marquee investors in anchor round ahead of issue

01, Mar, 24

RK Swamy IPO: The marquee investors in the anchor round includd Nippon Life India Trustee, LIC Mutual Fund, Aditya Birla Sun Life Insurance, PineBridge Global Funds, among others.

RK Swamy IPO Day 2: 5 key things to know from RHP

05, Mar, 24

RK Swamy IPO subscription status indicates strong buying interest with 3.85 times oversubscription, retail portion at 13.41 times. IPO opened on March 4 and closes on March 6.

Pyramid Technologies IPO opens on Friday. What GMP signals ahead of subscription?

17, Aug, 23

The IPO comprises a fresh issue of 55 lakh shares and an offer for sale of 37.2 lakh shares. Under the OFS, promoter Credence Financial Consultancy will sell 37.2 lakh shares.The issue is priced in the range of Rs 151-166, where investors can bid for a minimum of 90 shares in one lot and in multiples thereafter

Inox India IPO: What GMP indicates ahead of subscription on Thursday

13, Dec, 23

The issue is completely an offer for sale (OFS) of 2.21 crore shares with a face value of Rs 2 each. There is no fresh issue segment in the IPO.

IPOs next week: HMA Agro Industries, Bizotic Commercial, others. Check details here

10, Jun, 23

Urban Enviro Waste Management Ltd, Bizotic Commercial Ltd, Cosmic CRF Ltd, Cell Point (India) Ltd and HMA Agro Industries Ltd are opening for initial public offering (IPOs).

Khazanchi Jewellers lists with 1.6% premium at ₹142.30 per share on BSE SME

07, Aug, 23

Khazanchi Jewellers shares were listed at ₹142.30 apiece on the BSE SME, a premium of 1.64% to the issue price of ₹140 per share.

IKIO Lighting IPO Listing: Shares have bumper debut on bourses, list at 37% premium

16, Jun, 23

Shares of IKIO Lighting listed at an 41% premium on the bourses today, opening at Rs 403 apiece.

IPOs next week: ideaForge Tech, Cyient DLM, PKH Ventures, other. Check details here

24, Jun, 23

ideaForge Technology, Cyient DLM, PKH Ventures, Pentagon Rubber Ltd, Global Pet Industries Ltd, Synoptics Technologies, and Tridhya Tech Ltd are opening for initial public offering (IPOs).

Avalon Technologies shares tumble 11% on listing day. Should you hold or sell?

18, Apr, 23

The stock is currently trading nearly 8% down at Rs 396.90 on BSE. It hit the day's low of Rs 387.75, translating into a fall of 11% from IPO price. The tepid listing was expected after the downtrend in company shares in the unlisted market since the IPO opened for subscription. The issue was subscribed 2.21 times at close