RK SWAMY Limited IPO: An Overview and Corporate Insight
The Rs 423.56 crore RK SWAMY IPO is a book-built offer. The issue consists of an offer to sell 0.87 crore shares, valued at Rs 250.56 crores, and a fresh issue of 0.6 crore shares, valued at Rs 173.00 crores.
One of the top integrated marketing service providers in India, R K Swamy Ltd. (RKSL) provides media, creative, data analytics, and market research services through a single point of contact. Among the integrated marketing communications services groups that operate in India, it is placed eighth in terms of estimated operating revenue.
All business sectors of RKSL, a data-driven provider of integrated marketing services, heavily rely on digital activities. It seeks to continue developing skills while maintaining an unwavering emphasis on the demands of its clients. It also seeks to deliver the best calibre of professional service to satisfy the ongoing needs of its clients.
Grey Market Premium Analysis and IPO Timelines – RK SWAMY Limited IPO
| Date | GMP |
| March 02 | ₹55 |
The anticipated listing price for R K SWAMY’s IPO is estimated to be ₹343, which includes the cap price plus today’s GMP (Grey Market Premium), resulting in a projected percentage gain or loss of 19.10% per share.
Pricing Details and Lot Size – RK SWAMY Limited IPO
The price band for RK SWAMY Limited IPO is ₹270 to ₹288 per share.
Book-Running Lead Managers and Registrar – RK SWAMY Limited IPO
The book running lead managers of the RK SWAMY IPO are SBI Capital Markets Limited, IIFL Securities Ltd, and Motilal Oswal Investment Advisors Limited. The issue’s registrar is Kfin Technologies Limited.
Offer for Sale and IPO Size Breakdown – RK SWAMY Limited IPO
The Rs 423.56 crore RK SWAMY IPO is a book-built offer. The issue consists of an offer to sell 0.87 crore shares, valued at Rs 250.56 crores, and a fresh issue of 0.6 crore shares, valued at Rs 173.00 crores.
IPO Timelines at a Glance – RK SWAMY Limited IPO
| Event | Date |
| IPO Opening Date | March 04, 2024 |
| IPO Closing Date | March 06, 2024 |
| IPO Allotment Date | March 07, 2024 |
| Initiation of Refunds | March 11, 2024 |
| Credit of Shares to Demat | March 11, 2024 |
| IPO Listing Date | March 12, 2024 |
View details of more upcoming IPOs here.
Utilisation of Fresh Issuance and Technological Advancements – RK SWAMY Limited IPO
The following uses are suggested for the net proceeds of the fresh issue, which are the gross proceeds of the fresh issue less the company’s portion of the offer-related expenses.
- Funding the company’s needs for working capital.
- Financing the capital costs that the company will invest to establish a studio for producing digital video content (DVCP Studio).
- Financing the company’s investment in developing its IT infrastructure as well as that of its subsidiaries, Hansa Research and Hansa Customer Equity.
- Financing the establishment of the business’s new computer-aided telephone interviewing (CATI) and customer experience centres (CEC).
- General objectives of the company.
Conclusion
One of the top integrated marketing service providers in India, R K Swamy Ltd. (RKSL) provides media, creative, data analytics, and market research services through a single point of contact. Among the integrated marketing communications services groups that operate in India, it is placed eighth in terms of estimated operating revenue. All business sectors of RKSL, a data-driven provider of integrated marketing services, heavily rely on digital activities. It seeks to continue developing skills while maintaining an unwavering emphasis on the demands of its clients. It also seeks to deliver the best calibre of professional service to satisfy the ongoing needs of its clients.
Find our more details of the IPO such as SWOT analysis and financial history here.
Frequently Asked Questions (FAQ) – RK SWAMY Limited IPO
Q. What does RK SWAMY Limited specialise in?
The company specialises in full-service market research, provides media, market research services, customer data analysis, and creative integrated marketing communications. Among the integrated marketing communications services groups that operate in India, it is placed eighth in terms of estimated operating revenue.
Q. What is the primary purpose of RK SWAMY Limited’s IPO?
The uses suggested for the net proceeds of the fresh issue include funding the company’s needs for working capital, financing the capital costs to establish a studio for producing digital video content, financing the company’s investment in developing its IT infrastructure as well as that of its subsidiaries, financing the establishment of the business’s new computer-aided telephone interviewing and customer experience centres, and general objectives of the company.
Q. Who are the lead managers for RK SWAMY Limited’s IPO?
SBI Capital Markets Limited, IIFL Securities Limited, and Motilal Oswal Investment Advisors Limited are the book-running lead managers for the offer.
Q. How is the IPO structured in terms of new issuance and offer for sale (OFS)?
The Rs 423.56 crore RK SWAMY IPO is a book-built offer. The issue consists of an offer to sell 0.87 crore shares, valued at Rs 250.56 crores, and a fresh issue of 0.6 crore shares, valued at Rs 173.00 crores.
Q. What is the lot size and minimum investment for retail investors in the RK SWAMY Limited IPO?
RK SWAMY Limited IPO lot size is 50 shares, and the minimum amount required is ₹14,400.
Q. What is the price band for the RK SWAMY Limited IPO?
The price band for RK SWAMY Limited IPO is ₹270 to ₹288 per share .
Q. How has the Grey Market Premium (GMP) trend for RK SWAMY Limited IPO?
The GMP for RK SWAMY Limited has not started yet.
Q. When does the IPO open and close for subscription?
RK SWAMY Limited IPO will open for subscription on March 04, 2024 and close on March 06, 2024.
Q. When is the allotment date for the RK SWAMY Limited IPO?
The allotment date is set for March 07, 2024.
Q. When is RK SWAMY Limited expected to be listed on the stock exchanges?
The anticipated listing date for RK SWAMY Limited IPO is March 11, 2024 on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
