New Swan Multitech Limited
BBSE:SWANAGRO38.01
INR
-1.59
(-4.02%)
ISIN
INE0GEN01012
Return %
Stock
S&P 500
1Y
-31.65
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
INR
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Upkar Singh Ahuja
- Full Time Employees
- 148
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- New Delhi India
- IPO Date
- Jan 18, 2024
- Website
- swanagro.in
- Similar Companies
- Business
- New Swan Multitech Limited is an India-based engineering and manufacturing company primarily engaged in the design, development, and production of agricultural farm machinery and precision automotive sheet metal components. Founded in 2014 and headquartered in Ludhiana, Punjab, the company operates through two primary business divisions: Agricultural Implements and Automotive Engineering Components. In its agricultural machinery segment, marketed under the Swan Agro brand, the company manufactures an extensive portfolio of farm mechanization and crop residue management implements, including rotavators and rotary tillers; super seeders, zero-till seed drills, and pneumatic precision planters; straw reapers, paddy straw choppers, mulchers, and shredders; laser land levellers; disc harrows, MB plows, and cultivators; round straw balers; and specialized potato planters and diggers. In its automotive components division, New Swan Multitech supplies precision-engineered parts to original equipment manufacturers (OEMs) across the two-wheeler, tractor, and commercial vehicle industries, offering stamped sheet metal components; welded sub-assemblies; chassis and frame reinforcement brackets; tubular structural parts; engine mounting brackets; and customized sheet metal press parts. The company caters to domestic agricultural markets across India, international export markets, and leading tier-1 automotive and industrial manufacturers. In major corporate developments, New Swan Multitech successfully completed its Initial Public Offering (IPO) on the BSE SME platform in January 2024 under the ticker SWANAGRO to fund the expansion of its manufacturing capacity, install advanced robotic welding and CNC laser cutting infrastructure at its Ludhiana facilities, enhance working capital, and expand its engineering footprint in eco-friendly crop residue management and automated farm implement solutions.