Incorporated in November 2016, Swara Baby Products Limited is a contract manufacturer of disposable hygiene products, catering to the baby care, adult incontinence, and feminine hygiene segments. The company manufactures baby diapers, adult diapers, sanitary napkins, panty liners, and other hygiene products for leading brands, while also selling its own brands, “Cuddles” for baby diapers and “Shields” for adult diapers through online and modern retail channels.
Incorporated in November 2016, Swara Baby Products Limited is a contract manufacturer of disposable hygiene products, catering to the baby care, adult incontinence, and feminine hygiene segments. The company manufactures baby diapers, adult diapers, sanitary napkins, panty liners, and other hygiene products for leading brands, while also selling its own brands, “Cuddles” for baby diapers and “Shields” for adult diapers through online and modern retail channels.
Its manufacturing facilities are supported by dedicated research & development, quality assurance, and an integrated supply chain, enabling the company to deliver customised products while maintaining high quality standards.
As of March 31, 2026, the company had 775 permanent employees across production, quality control, supply chain, finance, administration, HR, and IT functions.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
Swara Baby Products’s total income 0.00 by 0.00% and total expenses 0.00 by 0.00%, resulting in an EBITDA 192.77 by 18.47% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.
192.7731 March 2026 | 162.7231 March 2025 | 153.5931 March 2024 |
192.77
173
154
135
116
96
77
58
39
19
0.00
India's largest contract manufacturer of disposable hygiene products in FY25.
Diversified product portfolio across baby care adult incontinence and feminine hygiene.
Strong manufacturing infrastructure supported by in-house R&D and quality control.
Long-term relationships with leading brands through customised product development.
Efficient supply chain backed by experienced promoters and management.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹2 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Swara Baby Products ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Plot No 381 To 388 Sector - 3 Industrial Area Dhar
MUFG Intime India Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| JM Financial Ltd | Avendus Capital Pvt Ltd |