R K SWAMY IPO will open for subscription from 04 March 2024. The company aims for an issue size of ₹423.56 Cr through this IPO.
Company Overview
| Full name | R K SWAMY LTD |
| Sector | Other |
| Industry | Business Support |
| Company Website | https://www.rkswamy.com/ |
About Company
R K Swamy excels in integrated marketing communications, customer data analysis and Marketing Technology, full-service market research, and syndicated studies. The company, driven by data, strategically deploys digital initiatives across its operations, ensuring a harmonious blend of creativity and efficiency in today’s competitive market. R K Swamy has catered to esteemed clients, including Aditya Birla Sun Life AMC Limited, Dr. Reddy’s Laboratories Limited, Havells India Limited, Hawkins Cookers Limited, Himalaya Wellness Company, Hindustan Petroleum Corporation 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, Union Bank of India, and more.
As of 31 March 2023, the average duration of relationships with the top 10 clients stands at approximately 19 years, while for the top 50 clients, it’s around 11 years. Notably, 83.73% of the revenue for Fiscal 2023 and 84.06% for Fiscal 2022 were derived from repeat clients, referencing the preceding fiscal period.
In Fiscal 2023, the company launched more than 818 innovative campaigns for its clients across diverse media platforms, managed a staggering 97.69 terabytes of data, and conducted over 2.37 million consumer interviews encompassing quantitative, qualitative, and telephonic surveys. A dedicated workforce of 2,391 professionals caters to the company’s solutions and offerings. With a presence in 12 offices and 12 field locations spanning twelve cities, these efforts extend across its three business segments.
The Objectives of the Issue
- Funding working capital requirements of our Company;
- Funding capital expenditure to be incurred by the Company for setting up a digital video content production studio (“DVCP Studio”);
- Funding investment in IT infrastructure development of the company, and the Material Subsidiaries, Hansa Research, and Hansa Customer Equity;
- Funding setting up of new customer experience centers (“CEC”) and computer-aided telephonic interview centers (“CATI”) of the company; and
- General corporate purposes.
R K SWAMY IPO Timetable
| IPO Opening date | 04 March 2024 |
| IPO Closing | 06 March 2024 |
| Basis of Allotment | 07 March 2024 |
| Initiation Refund | 11 March 2024 |
| Credit to Demat Account | 11 March 2024 |
| Listing Date | 12 March 2024 |
R K SWAMY IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹423.56 Cr – 14,706,944 shares |
| Fresh Issue | ₹173 Cr – 6,006,944 shares |
| Offer for sale | ₹250.56 Cr – 8,700,000 shares |
| Face value | ₹05 per share |
| Price Band | ₹270 to ₹288 per share |
| Lot size | 50 Shares |
| Employee Discount | ₹27 per share |
| Shareholding pre-issue | 44,457,140 |
| Shareholding post-issue | 50,464,084 |
| Listing Exchange | BSE & NSE |
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 |
R K SWAMY IPO Reservation Details
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
R K SWAMY Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 173.55 | 234.41 | 292.61 | 141.10 |
| Expenses | 154.39 | 200.55 | 237.01 | 121.58 |
| Net income | 3.08 | 19.26 | 31.26 | 7.93 |
| Margin (%) | 1.77 | 8.22 | 10.68 | 5.62 |
R K SWAMY Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.69 | 4.33 | 7.03 |
| PE ratio | – | – | 38.41 – 40.97 |
| RONW (%) | 3.13 | 17.20 | 22.20 |
| NAV | 22.09 | 25.18 | 31.67 |
| ROCE (%) | 8.58 | 20.08 | 28.95 |
| EBITDA (%) | 15.73 | 18.13 | 20.97 |
| Debt/Equity | 22.63 | 3.09 | 0.76 |
Company Promoters
- Srinivasan K Swamy (Sundar Swamy)
- Narasimhan Krishnaswamy (Shekar Swamy)
Promoter Holding
| Pre Issue Share Holding | 83.03% |
| Post Issue Share Holding |
R K SWAMY IPO Lead Manager(s)
- SBI Capital Markets Limited
- IIFL Securities Ltd
- Motilal Oswal Investment Advisors Limited
R K SWAMY Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222 / 1800 3094001
E-mail: rkswamy.ipo@kfintech.com
Website: www.kfintech.com
R K SWAMY Contact Details
R K SWAMY LIMITED
Esplanade House, 29, Hazarimal Somani Marg,
Fort, Mumbai 400 001, Maharashtra, India
Phone: +91 22 4057 6499
Email: secretarial@rkswamy.com
Website: www.rkswamy.com
R K SWAMY IPO Allotment Status
R K Swamy IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Final thoughts
R K SWAMY IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
