Current & Upcoming SME IPOs Archives - SME IPO & Main Board

Karnika Industries Limited IPO

Rahul Singh — Tue, 26 Sep 2023 06:04:20 +0000

Karnika Industries Limited is poised to launch its IPO, which is a fixed price issue amounting to Rs 25.07 crores. This IPO comprises exclusively of a fresh issue of 32.99 lakh shares.

The subscription period for the Karnika Industries IPO is scheduled to commence on September 29, 2023, and will conclude on October 4, 2023. The allotment of shares for this IPO is expected to be completed by Monday, October 9, 2023. Karnika Industries’ IPO is slated to be listed on the NSE SME platform, with a tentative listing date set for Thursday, October 12, 2023.

The per-share price for the Karnika Industries IPO is ₹76, and the minimum lot size for an application is 1600 shares. Retail investors are required to invest a minimum of ₹121,600, while for High Net Worth Individuals (HNI), the minimum lot size investment is 2 lots (3,200 shares), totaling ₹243,200.

Beeline Capital Advisors Pvt Ltd is the designated book running lead manager for the Karnika Industries IPO, and Skyline Financial Services Private Ltd is the appointed registrar for the issue. Spread X Securities serves as the market maker for this IPO.

For a comprehensive and detailed understanding of this IPO, please refer to the Karnika Industries IPO RHP (Red Herring Prospectus).

Karnika Industries IPO Details

IPO Date	September 29, 2023 to October 4, 2023
Listing Date	[.]
Face Value	₹10 per share
Price	₹76 per share
Lot Size	1600 Shares
Total Issue Size	3,299,200 shares (aggregating up to ₹25.07 Cr)
Fresh Issue	3,299,200 shares (aggregating up to ₹25.07 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	9,100,300
Share holding post issue	12,399,500
Market Maker portion	166,400 shares Spread X Securities

Karnika Industries IPO Reservation

Other Shares Offered	50% of the net offer
Retail Shares Offered	50% of the net offer

Karnika Industries IPO Timeline (Tentative Schedule)

Karnika Industries IPO opens on September 29, 2023, and closes on October 4, 2023.

IPO Open Date	Friday, September 29, 2023
IPO Close Date	Wednesday, October 4, 2023
Basis of Allotment	Monday, October 9, 2023
Initiation of Refunds	Tuesday, October 10, 2023
Credit of Shares to Demat	Wednesday, October 11, 2023
Listing Date	Thursday, October 12, 2023
Cut-off time for UPI mandate confirmation	5 PM on October 4, 2023

Karnika Industries IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹121,600
Retail (Max)	1	1600	₹121,600
HNI (Min)	2	3,200	₹243,200
Lot Size Calculator

Karnika Industries IPO Promoter Holding

Mr. Niranjan Mundhra, Mr. Shiv Shankar Mundhra, and Mr. Mahesh Kumar Mundhr are the company’s promoters.

Share Holding Pre Issue	100.00%
Share Holding Post Issue	73.39%

About Karnika Industries Limited

Incorporated in 2017, Karnika Industries Limited, previously known as Karni International, manufactures and exports garments in India.

Karnika Industries manufactures all types of kids’ wear i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pajamas, winter wear, infant wear, etc. The company has well-established manufacturing units for designing, preparing the sample, quality inspection, ironing, and packing of Garments that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit.

The company sells its products under the brand KARNIKA and sub-categories as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club.

Company Financials

Karnika Industries IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	3,055.87	5,921.42	10,071.04
Revenue	4,779.31	9,892.52	12,605.62
Profit After Tax	81.61	454.01	826.74
Net Worth	378.14	1,860.88	1,806.83
Reserves and Surplus			896.80
Total Borrowing	1,570.94	2,224.13	5,245.53

Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
P/E (x)	7.57
EPS (Rs)	9.66
RoNW	45.76%

Objects of the Issue (Karnika Industries IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

To Meet Working Capital Requirement.
General Corporate Purpose.
To Meet the Issue Expenses.

Karnika Industries IPO Prospectus

› Karnika Industries IPO DRHP
› Karnika Industries IPO RHP

Karnika Industries IPO Contact Details

Karnika Industries Limited
6&6/1,
Gurgola Ghat Road P.O. Salkia
Howrah – 711106
Phone: 033-26558101
Email: info@karnikaindustries.com
Website: http://www.karnikaindustries.com/Default/Index

Karnika Industries IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Karnika Industries IPO Lead Manager(s)

Beeline Capital Advisors Pvt Ltd (Past IPO Performance)

FAQS

What is the total value of the Karnika Industries IPO?

The Karnika Industries IPO has a total value of Rs 25.07 crores, consisting exclusively of a fresh issue of 32.99 lakh shares.

When is the subscription period for the Karnika Industries IPO?

The subscription period for the Karnika Industries IPO is scheduled to begin on September 29, 2023, and it will conclude on October 4, 2023.

What is the price per share for the Karnika Industries IPO?

The price per share for the Karnika Industries IPO is ₹76.

What is the minimum lot size for an application in the Karnika Industries IPO?

The minimum lot size for an application in the Karnika Industries IPO is 1600 shares.

Who is the book running lead manager for the Karnika Industries IPO?

Beeline Capital Advisors Pvt Ltd is the designated book running lead manager for the Karnika Industries IPO.

What are the objectives for which the company intends to utilize the net proceeds from the IPO?

The company plans to utilize the net proceeds from the IPO for the following objectives:

To meet working capital requirements.

General corporate purpose.

To meet the issue expenses.

For more comprehensive details about the offering, including financial information and business details, investors are encouraged to refer to the IPO’s Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) once they become available.

The post Karnika Industries Limited IPO appeared first on SME IPO & Main Board .

Plada Infotech Services Limited IPO

Rahul Singh — Tue, 26 Sep 2023 05:50:07 +0000

Plada Infotech Services Limited is set to launch its IPO, which is a fixed price issue with a total value of Rs 12.36 crores. This IPO comprises entirely of a fresh issue of 25.74 lakh shares.

The subscription period for the Plada Infotech Services IPO is scheduled to begin on September 29, 2023, and it will conclude on October 4, 2023. The allocation of shares for this IPO is expected to be completed by Monday, October 9, 2023. Plada Infotech Services’ IPO is slated to be listed on the NSE SME platform, with a tentative listing date set for Thursday, October 12, 2023.

The price per share for the Plada Infotech Services IPO is ₹48, and the minimum lot size for an application is 3000 shares. Retail investors are required to invest a minimum of ₹144,000, while for High Net Worth Individuals (HNI), the minimum lot size investment is 2 lots (6,000 shares), amounting to ₹288,000.

Indorient Financial Services Ltd is the appointed book running lead manager for the Plada Infotech Services IPO, and Bigshare Services Pvt Ltd is the designated registrar for the issue. Rikhav Securities serves as the market maker for this IPO.

For comprehensive and detailed information, kindly refer to the Plada Infotech Services IPO RHP (Red Herring Prospectus) when it becomes available.

Plada Infotech Services IPO Details

IPO Date	September 29, 2023 to October 4, 2023
Listing Date	[.]
Face Value	₹10 per share
Price	₹48 per share
Lot Size	3000 Shares
Total Issue Size	2,574,000 shares (aggregating up to ₹12.36 Cr)
Fresh Issue	2,574,000 shares (aggregating up to ₹12.36 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	6,000,000
Share holding post issue	8,574,000
Market Maker portion	129,000 shares Rikhav Securities

Plada Infotech Services IPO Reservation

Other Shares Offered	50% of the net offer
Retail Shares Offered	50% of the net offer

Plada Infotech Services IPO Timeline (Tentative Schedule)

Plada Infotech Services IPO opens on September 29, 2023, and closes on October 4, 2023.

IPO Open Date	Friday, September 29, 2023
IPO Close Date	Wednesday, October 4, 2023
Basis of Allotment	Monday, October 9, 2023
Initiation of Refunds	Tuesday, October 10, 2023
Credit of Shares to Demat	Wednesday, October 11, 2023
Listing Date	Thursday, October 12, 2023
Cut-off time for UPI mandate confirmation	5 PM on October 4, 2023

Plada Infotech Services IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	3000	₹144,000
Retail (Max)	1	3000	₹144,000
HNI (Min)	2	6,000	₹288,000
Lot Size Calculator

Plada Infotech Services IPO Promoter Holding

Mr. Shailesh Kumar Damani and Mr. Anil Mahendra Kotak are the company’s promoters.

Share Holding Pre Issue	89.50%
Share Holding Post Issue	62.64%

About Plada Infotech Services Limited

Incorporated in 2010, Plada Infotech Services Limited specializes in delivering comprehensive Business Process Outsourcing (BPO) services tailored to our clients’ specific needs.

The company provides a wide range of services ranging from recruitment & payroll management, merchant acquisition, field support, software solutions, seller onboarding, and account management to clients.

Following is an illustrative list of the business operations and the services that Plada provides:

Merchant Acquisition: The company acquires and on-boards new merchants for Banks, NBFCs, and Startups (both Domestic and Multinational Companies). Plada’s merchant acquisition services extend from lead-based visits to cold calls. The Company ensures end-to-end services for the clientele including Merchant engagement its activation, documentation, training, and establishment, Application Processing From KYC to TID generation, Automated Lead Management Tool, and M-Reporter Application for Sales to track and manage productivity.
Field Support: Field service management typically involves dispatching technicians, workers, or contractors to a location outside company premises to install, maintain, or repair equipment, systems, or assets. In addition, these professionals manage the team, assign tasks, prepare reports, and maintain customer relationships.
Recruitment & Payroll Management: Plada offers Payroll Management services as a complete and integrated solution. The clients comprise Banks & Corporates for whom end-to-end payroll management is done through the platform Kundali.
Account Management: Account management involves managing the processes and compliances associated with merchant engagement & activation, data security, merchant acquisition, and implementation of programs on behalf of the client.

Plada Infotech Services employs over 1400 employees across the country and presently operates through 12 offices in 12 cities with other cities being serviced remotely.

Company Financials

Plada Infotech Services IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,711.29	2,760.03	2,720.30	2,811.09
Revenue	5,068.20	4,460.86	4,887.39	6,275.12
Profit After Tax	119.93	66.71	109.87	233.84
Net Worth	342.60	408.44	518.10	752.70
Reserves and Surplus	341.60	407.44	498.10	552.70
Total Borrowing	1,989.85	1,952.59	1,771.67	1,654.13

Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
P/E (x)	12.31
ROE	37%
ROCE	21%
Debt/Equity	2.2
EPS (Rs)	3.9
RoNW	31.07%

Objects of the Issue (Plada Infotech Services IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

To meet the working capital requirements.
To purchase Laptops and Accessories for IT Development.
Repayment and/or prepayment in part or in full, of certain outstanding loans of the Company.
General Corporate Purposes.
To meet the issue expenses.

Plada Infotech Services IPO Prospectus

Plada Infotech Services IPO DRHP
Plada Infotech Services IPO RHP

Plada Infotech Services IPO Contact Details

Plada Infotech Services Limited
Santosh A. Mishra Compound,
Mograpada, Mogra Village, off. Old Nagardas Road
Andheri (East), Mumbai – 400069
Phone: +91 8976996702
Email: abhishek.jain@pladainfotech.com
Website: https://pladainfotech.com/

Plada Infotech Services IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Plada Infotech Services IPO Lead Manager(s)

Indorient Financial Services Ltd (Past IPO Performance)

FAQS

What is the total value of the Plada Infotech Services IPO?

The Plada Infotech Services IPO has a total value of Rs 12.36 crores, consisting entirely of a fresh issue of 25.74 lakh shares.

When is the subscription period for the Plada Infotech Services IPO?

The subscription period for the Plada Infotech Services IPO is set to begin on September 29, 2023, and it will conclude on October 4, 2023.

What is the price per share for the Plada Infotech Services IPO?

The price per share for the Plada Infotech Services IPO is ₹48.

What is the minimum lot size for an application in the Plada Infotech Services IPO?

The minimum lot size for an application in the Plada Infotech Services IPO is 3000 shares.

Who is the book running lead manager for the Plada Infotech Services IPO?

Indorient Financial Services Ltd is the appointed book running lead manager for the Plada Infotech Services IPO.

What are the objectives for which the company intends to utilize the net proceeds from the IPO?

The company plans to utilize the net proceeds from the IPO for the following objectives:

To meet the working capital requirements.

To purchase laptops and accessories for IT development.

Repayment and/or prepayment in part or in full, of certain outstanding loans of the Company.

General corporate purposes.

To meet the issue expenses.

The post Plada Infotech Services Limited IPO appeared first on SME IPO & Main Board .

Sharp Chucks And Machines Limited IPO

Rahul Singh — Mon, 25 Sep 2023 11:42:50 +0000

Sharp Chucks And Machines Limited is preparing for its IPO, which is a fixed price issue with a total value of Rs 16.84 crores. This IPO includes a combination of a fresh issue of 9.75 lakh shares, amounting to Rs 5.66 crores, and an offer for sale of 19.29 lakh shares, totaling Rs 11.19 crores.

The subscription period for the Sharp Chucks And Machines IPO is set to commence on September 29, 2023, and will conclude on October 4, 2023. The allotment of shares for this IPO is expected to be finalized on Monday, October 9, 2023. Sharp Chucks And Machines’ IPO is planned to be listed on the NSE SME platform, with a tentative listing date of Thursday, October 12, 2023.

The price per share for the Sharp Chucks And Machines IPO is ₹58, and the minimum lot size for an application is 1200 shares. Retail investors are required to invest a minimum of ₹69,600. For High Net Worth Individuals (HNI), the minimum lot size investment is 3 lots (3,600 shares), amounting to ₹208,800.

Fedex Securities Pvt Ltd is the designated book running lead manager for the Sharp Chucks And Machines IPO, while Skyline Financial Services Private Ltd is the appointed registrar for the issue. Nikunj Stock Brokers is the market maker for this IPO.

For comprehensive and detailed information, please refer to the Sharp Chucks And Machines IPO RHP (Red Herring Prospectus) once it is available.

Sharp Chucks And Machines IPO Details

IPO Date	September 29, 2023 to October 4, 2023
Listing Date	[.]
Face Value	₹10 per share
Price	₹58 per share
Lot Size	1200 Shares
Total Issue Size	2,904,000 shares (aggregating up to ₹16.84 Cr)
Fresh Issue	975,484 shares (aggregating up to ₹5.66 Cr)
Offer for Sale	1,928,516 shares of ₹10 (aggregating up to ₹11.19 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	9,784,308
Share holding post issue	10,759,792
Market Maker portion	148,000 shares Nikunj Stock Brokers

Sharp Chucks And Machines IPO Reservation

Other Shares Offered	50% of the net offer
Retail Shares Offered	50% of the net offer

Sharp Chucks And Machines IPO Timeline (Tentative Schedule)

Sharp Chucks And Machines IPO opens on September 29, 2023, and closes on October 4, 2023.

IPO Open Date	Friday, September 29, 2023
IPO Close Date	Wednesday, October 4, 2023
Basis of Allotment	Monday, October 9, 2023
Initiation of Refunds	Tuesday, October 10, 2023
Credit of Shares to Demat	Wednesday, October 11, 2023
Listing Date	Thursday, October 12, 2023
Cut-off time for UPI mandate confirmation	5 PM on October 4, 2023

Sharp Chucks And Machines IPO Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1200	₹69,600
Retail (Max)	2	2400	₹139,200
HNI (Min)	3	3,600	₹208,800
Lot Size Calculator

Sharp Chucks And Machines IPO Promoter Holding

Mr. Ajay Sikka and Ms. Gopika Sikka are the company’s promoters.

Share Holding Pre Issue	80.28%
Share Holding Post Issue	73.00%

About Sharp Chucks And Machines Limited

Incorporated in 1994, Sharp Chucks and Machines Limited is engaged in the manufacturing of forging and graded casting machined components of tractors and other automobiles, as well as power chucks, lathe chucks, drill chucks, and other machine tool accessories for tractors, automobiles, material handling & earth moving equipment, railways, defense, machine tools, the DIY industry, and so on.

The company’s product portfolio includes:

Forging products: This includes Gear, Dog Clutch, Scaffolding, C Clamp Spanner, Wrench Axe, Ball Pein Hammer, Cross Pein Hammer, Machinist Hammer, Sledge Hammer, Splitting Maul, Stoning Hammer Hatchet, Combination Spanner, Splitting Axe, Splitting Wedge, Fireman Axe, Michigan Axe, Hunter Axe, Drilling Hammer, Claw Hammer, Camp Axe, Single Bit Axe.

Casting products: This includes Brake Housing, Piston Trumpet Housing, Wheel Hub Kit, Rear Cover, Bell Housing, Front Axel Braket, Gear Box, B.P Shaft Carrier, Brake Drum, Front Axel Housing, Lift Arm, Ram Cylinder, Rear Turnion, Planetary Carrier, TP Carrier, Cage, Steering Arm, Lift Housing, PTO Housing, Fly Wheel, Gear Casing, Cylinder Block, Plannet Carrier M Star, Support Front Axle, Plate Input Retainer, Temper Head.
Machine components: This includes Power Chucks, Lathe Chucks, Drill Chucks, and Machine Tools Accessories.

The company has two manufacturing units located in Jalandhar consisting of three foundries having an installed capacity of 30000 MTPA and Machining facilities consisting of VMC, CNC, and other machinery having an installed capacity of 14400 MTPA, and one forging unit consisting of hammers, billiard heaters, etc. having installed capacity of 3600 MTPA.

Company Financials

Sharp Chucks And Machines IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	13,397.98	18,392.09	18,003.58
Revenue	13,583.11	15,252.23	17,931.45
Profit After Tax	330.96	452.62	506.50
Net Worth	4,275.67	4,728.29	5,234.79
Reserves and Surplus	3,297.24	3,749.86	4,256.36
Total Borrowing	6,305.37	10,269.35	9,034.20

Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
P/E (x)	11.2
ROE	10.17%
ROCE	11.00%
Debt/Equity	1.73
EPS (Rs)	5.18
RoNW

Objects of the Issue (Sharp Chucks And Machines IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

Funding of working capital requirements; and
General corporate purposes.

Sharp Chucks And Machines Prospectus

Sharp Chucks And Machines IPO DRHP
Sharp Chucks And Machines IPO RHP

Sharp Chucks And Machines Contact Details

Sharp Chucks And Machines Limited
A-12
Industrial Development Colony
Jalandhar – 144012
Phone: +0181 -2610341
Email: cs@sharpchucks.com
Website: https://sharpchucks.com/index.html

Sharp Chucks And Machines IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Sharp Chucks And Machines IPO Lead Manager(s)

Fedex Securities Pvt Ltd (Past IPO Performance)

FAQS

What is the total value of the Sharp Chucks And Machines IPO?

The Sharp Chucks And Machines IPO has a total value of Rs 16.84 crores, consisting of a fresh issue of 9.75 lakh shares and an offer for sale of 19.29 lakh shares.

When is the subscription period for the Sharp Chucks And Machines IPO?

The subscription period for the Sharp Chucks And Machines IPO is scheduled to start on September 29, 2023, and close on October 4, 2023.

What is the price per share for the Sharp Chucks And Machines IPO?

The price per share for the Sharp Chucks And Machines IPO is ₹58.

What is the minimum lot size for an application in the Sharp Chucks And Machines IPO?

The minimum lot size for an application in the Sharp Chucks And Machines IPO is 1200 shares.

Who is the book running lead manager for the Sharp Chucks And Machines IPO?

Fedex Securities Pvt Ltd is the designated book running lead manager for the Sharp Chucks And Machines IPO.

What are the objectives for which the company intends to utilize the net proceeds from the IPO?

The company plans to utilize the net proceeds from the IPO for the following objectives:

Funding of working capital requirements.

General corporate purposes.

The post Sharp Chucks And Machines Limited IPO appeared first on SME IPO & Main Board .

Vishnusurya Projects and Infra Limited IPO

Rahul Singh — Mon, 25 Sep 2023 11:37:45 +0000

Vishnusurya Projects and Infra Limited is set to launch its IPO, which is a fixed price issue valued at Rs 49.98 crores. This offering comprises entirely fresh issuance of 73.5 lakh shares.

The subscription period for the Vishnusurya Projects and Infra IPO is scheduled to commence on September 29, 2023, and will conclude on October 4, 2023. The allotment of shares for this IPO is expected to be finalized on Monday, October 9, 2023. Vishnusurya Projects and Infra’s IPO is planned to be listed on the NSE SME platform, with a tentative listing date of Thursday, October 12, 2023.

The price per share for the Vishnusurya Projects and Infra IPO is ₹68, and the minimum lot size for an application is 2000 shares. Retail investors are required to invest a minimum of ₹136,000. For High Net Worth Individuals (HNI), the minimum lot size investment is 2 lots (4,000 shares), totaling ₹272,000.

Khandwala Securities Limited serves as the book running lead manager for the Vishnusurya Projects and Infra IPO, while Cameo Corporate Services Limited is the designated registrar for the issue. Nikunj Stock Brokers is the market maker for this IPO.

For comprehensive and detailed information, please refer to the Vishnusurya Projects and Infra IPO RHP (Red Herring Prospectus) once it is available.

Vishnusurya Projects and Infra IPO Details

IPO Date	September 29, 2023 to October 4, 2023
Listing Date	[.]
Face Value	₹10 per share
Price	₹68 per share
Lot Size	2000 Shares
Total Issue Size	7,350,000 shares (aggregating up to ₹49.98 Cr)
Fresh Issue	7,350,000 shares (aggregating up to ₹49.98 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	17,259,671
Share holding post issue	24,609,671
Market Maker portion	370,000 shares Nikunj Stock Brokers

Vishnusurya Projects and Infra IPO Reservation

Other Shares Offered	50% of the net offer
Retail Shares Offered	50% of the net offer

Vishnusurya Projects and Infra IPO Timeline (Tentative Schedule)

Vishnusurya Projects and Infra IPO opens on September 29, 2023, and closes on October 4, 2023.

IPO Open Date	Friday, September 29, 2023
IPO Close Date	Wednesday, October 4, 2023
Basis of Allotment	Monday, October 9, 2023
Initiation of Refunds	Tuesday, October 10, 2023
Credit of Shares to Demat	Wednesday, October 11, 2023
Listing Date	Thursday, October 12, 2023
Cut-off time for UPI mandate confirmation	5 PM on October 4, 2023

Vishnusurya Projects and Infra IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	2000	₹136,000
Retail (Max)	1	2000	₹136,000
HNI (Min)	2	4,000	₹272,000
Lot Size Calculator

Vishnusurya Projects and Infra IPO Promoter Holding

Bhavani Jayaprakash is the company’s promoter.

Share Holding Pre Issue	88.74%
Share Holding Post Issue	62.24%

About Vishnusurya Projects and Infra Limited

Incorporated in 1996, Vishnusurya Projects and Infra Limited is engaged in the mining of rough stones and manufacturing of aggregates and manufacture-sand by using Crushing Plants and Sand washing plants.

The company has three business verticals:

Engineering, Procurement, and Construction (EPC): The company offers a diverse range of capabilities in property development and the realty industry such as Commercial and Mixed Development Construction, IT and Institutional Space, Retail (Malls), Offices, Industrial Parks, Residential Projects, Luxury Villas, Resorts, Factories and Warehouses, Stadiums, Exhibition and Convention Centres, Entertainment, Industrial Construction, and Brownfield Development.
Mining of aggregates and production of manufactured sand: The Company owns and operates two quarries in Tamil Nadu, India. The first blue metal mining quarry and crushing facility is spread over 105 acres at Aruppukottai, Virudhunagar District, Tamil Nadu. This facility handles the entire rock breaking and rock auguring operations and the crushing machine here is capable of producing an output of 250 tonnes per hour and 100 tonnes of sand washing at a given point in time. The second aggregates and manufactured sand unit is located in Vandavasi, Tiruvannamalai District, Tamil Nadu. This facility is equipped with a crushing machine capable of handling 350 tonnes and 150 tonnes of sand washing at a given point in time. The facility is located 100 km from Chennai.
Drones or unarmed aerial vehicles

The company has been accredited as a Class I contractor with various departments and agencies viz. (1) Greater Chennai Corporation (GCC), (2) Government of Tamil Nadu Water Resources Department, (3) Tamil Nadu Water Supply and Drainage Board, and (4) Highways Departments pursuant to which the company is eligible to participate and undertake projects awarded by various other departments and agencies.

Company Financials

Vishnusurya Projects and Infra IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	9,594.72	11,849.39	12,105.28
Revenue	6,339.33	9,603.62	13,326.06
Profit After Tax	229.18	2,158.97	1,736.64
Net Worth	3,573.72	4,155.88	5,952.39
Reserves and Surplus	3,078.32	3,660.48	5,043.99
Total Borrowing	1,472.32	3,489.49	3,625.24

Key Performance Indicator

KPI	Values
P/E (x)	2.69
ROE	27.86%
ROCE	31.22%
EPS (Rs)	25.3
RoNW	27.86%

Objects of the Issue (Vishnusurya Projects and Infra IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

Funding of working capital requirements of the Company.
Repayment / Prepayment, in part or full, of certain outstanding borrowings availed by the Company.
General Corporate Purposes.

Vishnusurya Projects and Infra IPO Prospectus

› Vishnusurya Projects and Infra IPO DRHP
› Vishnusurya Projects and Infra IPO RHP

Vishnusurya Projects and Infra IPO Contact Details

Vishnusurya Projects and Infra Limited
2 nd Floor, Qbas Temple Tower,
No. 76/25, North Mada Street, Mylapore,
Chennai – 600 004
Phone: +91 44 2495 0019
Email: cs@vishnusurya.com
Website: https://www.vishnusurya.com/

Vishnusurya Projects and Infra IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/

Vishnusurya Projects and Infra IPO Lead Manager(s)

Khandwala Securities Limited (Past IPO Performance)

FAQS

What is the total number of shares offered in the Vishnusurya Projects and Infra IPO?

The Vishnusurya Projects and Infra IPO comprises 73.5 lakh fresh issue shares.

When is the subscription period for the Vishnusurya Projects and Infra IPO?

The subscription period for the Vishnusurya Projects and Infra IPO is scheduled to start on September 29, 2023, and close on October 4, 2023.

What is the price per share for the Vishnusurya Projects and Infra IPO?

The price per share for the Vishnusurya Projects and Infra IPO is ₹68.

What is the minimum lot size for an application in the Vishnusurya Projects and Infra IPO?

The minimum lot size for an application in the Vishnusurya Projects and Infra IPO is 2000 shares.

Who is the book running lead manager for the Vishnusurya Projects and Infra IPO?

Khandwala Securities Limited serves as the book running lead manager for the Vishnusurya Projects and Infra IPO.

What are the objectives for which the company intends to utilize the net proceeds from the IPO?

The company plans to utilize the net proceeds from the IPO for the following objectives:

Funding of working capital requirements.

Repayment/prepayment of certain outstanding borrowings availed by the company.

General corporate purposes.

The post Vishnusurya Projects and Infra Limited IPO appeared first on SME IPO & Main Board .

Committed Cargo Care Limited IPO

Rahul Singh — Mon, 25 Sep 2023 10:56:21 +0000

Committed Cargo Care Limited is planning to launch its IPO, which is a fixed price issue consisting entirely of a fresh issue of 32.44 lakh shares. As of now, the specific dates for the Committed Cargo Care IPO and its price bands have not been announced.

Fedex Securities Pvt Ltd is the designated book running lead manager for the Committed Cargo Care IPO, and Bigshare Services Pvt Ltd is the appointed registrar for the issue.

For more detailed information, it is recommended to refer to the Committed Cargo Care IPO DRHP (Draft Red Herring Prospectus) once it becomes available, as it will provide comprehensive details about the IPO, including pricing and other important information.

Committed Cargo Care IPO Details

IPO Date	to
Listing Date	[.]
Face Value	₹10 per share
Price	[.] per share
Lot Size
Total Issue Size	3,244,000 shares (aggregating up to ₹[.] Cr)
Fresh Issue	3,244,000 shares (aggregating up to ₹[.] Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	7,569,600
Share holding post issue	10,813,600

Committed Cargo Care IPO Reservation

Other Shares Offered	50% of the Net Issue
Retail Shares Offered	50% of the Net Issue

Committed Cargo Care IPO Promoter Holding

Mr. Rajeev Sharma, Mr. Nitin Bharal, Mr. Narendra Singh Bisht, and Mr. Yashpal Arora are the company’s promoters.

Share Holding Pre Issue	98.00%
Share Holding Post Issue

About Committed Cargo Care Limited

Incorporated in 1998, Committed Cargo Care Limited is a Third Party Logistics provider that specializes in handling Import and Export Cargo and provides integrated services.

The company provides integrated logistics services such as cargo management solutions, order management, international freight management, customs and cross-border movement, heavy and over-dimensional cargo movement, etc.

Committed Cargo Care’s customer base comes from various sectors across India, including automotive and heavy engineering, telecom, food and agro, fast-moving consumer goods (FMCG), paint, handicrafts, e-commerce products, garments, pharma, and dairy.

The company recorded Rs. 1,4612.17 Lacs, Rs. 11,385.89 Lacs, and Rs. 8,404.10 Lacs in Revenue in Fiscal 2022, 2021, and 2020 respectively.

Company Financials

Committed Cargo Care Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,599.79	8,404.10	151.10	1,810.70	1,053.74	65.19
31-Mar-21	3,035.65	11,385.89	232.20	2,042.90	1,285.94	31.42
31-Mar-22	3,309.84	14,612.17	308.72	2,351.63	1,594.67	14.69
30-Sep-22	3,544.91	6,255.69	259.51	2,611.14	1,854.18	54.27
Amount in ₹ Lakhs

Objects of the Issue (Committed Cargo Care IPO Objectives)

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

Meeting working capital requirements.
General corporate purposes.

IPO Prospectus

Committed Cargo Care IPO DRHP

IPO Contact Details

Committed Cargo Care Limited
Khasra No. 406, Ground Floor,
A – Block, Gali No. – 8 Mahipalpur Extn.,
New Delhi– 110037
Phone: 011-46151111
Email: hr@committedgroup.com
Website: http://www.committedgroup.com/

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

IPO Lead Manager(s)

Fedex Securities Pvt Ltd (Past IPO Performance)

FAQS

What is the total number of shares offered in the Committed Cargo Care IPO?

The Committed Cargo Care IPO consists of 32.44 lakh fresh issue shares.

Who is the designated book running lead manager for the Committed Cargo Care IPO?

Fedex Securities Pvt Ltd serves as the designated book running lead manager for the Committed Cargo Care IPO.

What is the reservation percentage for retail investors in the Committed Cargo Care IPO?

Retail investors are reserved 50% of the net issue in the Committed Cargo Care IPO.

Who are the promoters of Committed Cargo Care Limited?

The promoters of Committed Cargo Care Limited are Mr. Rajeev Sharma, Mr. Nitin Bharal, Mr. Narendra Singh Bisht, and Mr. Yashpal Arora.

How can investors access more detailed information about the Committed Cargo Care IPO, including pricing and other specifics?

Please keep in mind that the preceding FAQs are based on the information provided, and for the most accurate and up-to-date information, please consult the official prospectus and relevant IPO documents.

The post Committed Cargo Care Limited IPO appeared first on SME IPO & Main Board .

E Factor Experiences Limited IPO

Rahul Singh — Thu, 21 Sep 2023 07:29:40 +0000

The E Factor Experiences Limited IPO is a book-built offering with a total value of Rs 25.92 crores, exclusively comprising a fresh issue of 34.56 lakh shares.

Here are the significant details and dates for this IPO:

Subscription Period: The subscription window for the E Factor Experiences IPO will be open for investors from September 27, 2023, and will conclude on October 3, 2023.
Allotment Date: The finalization of allotment for the E Factor Experiences IPO is scheduled for Friday, October 6, 2023.
Listing Date: The listing of shares from the E Factor Experiences IPO is planned on NSE SME, with a tentative listing date set for Wednesday, October 11, 2023.
Price Band: The price band for the E Factor Experiences IPO is in the range of ₹71 to ₹75 per share.
Lot Size: Retail investors should note that the minimum lot size for an application is 1600 Shares, requiring an investment of ₹120,000. For High Net Worth Individuals (HNI), the minimum investment is 2 lots (3,200 shares) amounting to ₹240,000.
Key Players: Hem Securities Limited has been appointed as the book running lead manager for the E Factor Experiences IPO, while Maashitla Securities Private Limited is the registrar for the issue.

For in-depth insights and comprehensive information, potential investors are advised to refer to the E Factor Experiences IPO Draft Red Herring Prospectus (DRHP). These details are crucial for investors considering participation in the E Factor Experiences IPO.

E Factor Experiences IPO Details

IPO Date	September 27, 2023 to October 3, 2023
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹71 to ₹75 per share
Lot Size	1600 Shares
Total Issue Size	3,456,000 shares (aggregating up to ₹25.92 Cr)
Fresh Issue	3,456,000 shares (aggregating up to ₹25.92 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	9,632,098
Market Maker portion	174,400 shares

E Factor Experiences IPO Reservation

QIB Shares Offered	Not more than 50% of the Net Issue
NII (HNI) Shares Offered	Not less than 15% of the Net Issue
Retail Shares Offered	Not less than 35% of the Net Issue

E Factor Experiences IPO Timeline (Tentative Schedule)

E Factor Experiences IPO opens on September 27, 2023, and closes on October 3, 2023.

IPO Open Date	Wednesday, September 27, 2023
IPO Close Date	Tuesday, October 3, 2023
Basis of Allotment	Friday, October 6, 2023
Initiation of Refunds	Monday, October 9, 2023
Credit of Shares to Demat	Tuesday, October 10, 2023
Listing Date	Wednesday, October 11, 2023
Cut-off time for UPI mandate confirmation	5 PM on October 3, 2023

E Factor Experiences IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹120,000
Retail (Max)	1	1600	₹120,000
HNI (Min)	2	3,200	₹240,000
Lot Size Calculator

E Factor Experiences IPO Promoter Holding

Jai Thakore, Samit Garg, Aruna Garg and Manika Garg are the company promoters.

Share Holding Pre Issue	100.00%
Share Holding Post Issue

About E Factor Experiences Limited

Incorporated in 2003, E Factor Experiences Limited is an Indian event management company. The company is engaged in providing event experiences, event services, technology-based permanent & semi-permanent multimedia light & sound installations and specialized turnkey event assignments, wedding management, and private and social event solutions.

E Factor Experiences Limited’s portfolio of services includes turnkey assignments in the form of Government commissioned Tourism Events and Festivals, techno-cultural light & sound shows, Sporting Events & Contests, Conferences, Mega Ground Concerts, Televised Events, private and social events like wedding and anniversary celebrations etc.

E Factor Experiences Limited offices in Delhi, Noida, Jaipur and Odisha. The company has a team of 32 employees.

E Factor Experiences Limited has managed events like Eco Retreat, Odisha, DotFest, Bhubaneswar, Laser Show & Fireworks at Deepotsav, Kashi Balloon & Boat Race, Baba Saheb – The Grand Musical show on life & teaching of Baba Saheb Ambedkar and many more.

E Factor Experiences Limited entered into a permanent and sustained business with its experiential tourism brand, “Sky Waltz” owned by the Subsidiary company namely E-Factor Adventure Tourism Private Limited. Skywaltz is engaged in the business of managing and operating hot air ballooning and yachting activities in multiple locations in India and has been a government-approved commercial hot air balloon operator for the last 12 years.

The company also has acquired a 46.33% stake in Untamed Leisure and Hospitality Private Limited (formerly known as E Factor Leisure and Hospitality Private Limited) making this company the Associate company, which is engaged in the business of event management and hospitality services and other related activities of leisure and entertainment.

Company Financials

E Factor Experiences IPO Financial Information (Restated Standalone)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,581.94	4,916.87	5,674.80
Revenue	990.56	5,700.24	11,945.21
Profit After Tax	123.39	255.73	761.35
Net Worth	96.96	351.85	1,101.67
Reserves and Surplus	-247.04	5.36	138.46
Total Borrowing	683.23	590.95	912.74

Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
P/E (x)	9.59
ROE	103.79%
ROCE	54.85%
Debt/Equity	0.83
EPS (Rs)	7.82
RoNW	68.35%

Objects of the Issue (E Factor Experiences IPO Objectives)

The company intend to utilize the proceeds of the Issue to meet the following objects:

1. Investment in Subsidiary

2. To meet Working Capital requirements

3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company

4. General Corporate Purpose

E Factor Experiences IPO Prospectus

› E Factor Experiences IPO DRHP

E Factor Experiences IPO Contact Details

E Factor Experiences Limited
101-A,
Kundan Kutir Hari Nagar Ashram
New Delhi110014, India
Phone: +91-120-3100184
Email: cs@efactorexp.com
Website: http://www.efactor4u.com/

E Factor Experiences IPO Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

E Factor Experiences IPO Lead Manager(s)

Hem Securities Limited (Past IPO Performance)

FAQs

What is the total issue size of the E Factor Experiences IPO?

The E Factor Experiences IPO has a total issue size of Rs 25.92 crores, comprising a fresh issue of 34.56 lakh shares.

When is the subscription period for the E Factor Experiences IPO?

The subscription period for the E Factor Experiences IPO is from September 27, 2023, to October 3, 2023.

When will the allotment for the E Factor Experiences IPO be finalized?

The finalization of allotment for the E Factor Experiences IPO is scheduled for Friday, October 6, 2023.

When is the listing date for shares from the E Factor Experiences IPO?

The shares from the E Factor Experiences IPO are planned to be listed on NSE SME with a tentative listing date set for Wednesday, October 11, 2023.

What is the price band for the E Factor Experiences IPO?

The price band for the E Factor Experiences IPO is in the range of ₹71 to ₹75 per share.

What is the lot size for retail investors in the E Factor Experiences IPO?

The minimum lot size for retail investors in the E Factor Experiences IPO is 1600 shares, requiring an investment of ₹120,000.

Who are the key players involved in the E Factor Experiences IPO?

Hem Securities Limited is the book running lead manager for the E Factor Experiences IPO, and Maashitla Securities Private Limited is the registrar for the issue.

Who are the promoters of E Factor Experiences Limited?

Jai Thakore, Samit Garg, Aruna Garg, and Manika Garg are the promoters of E Factor Experiences Limited.

What is the business focus of E Factor Experiences Limited?

E Factor Experiences Limited is an event management company in India that provides event experiences, event services, multimedia light & sound installations, wedding management, and private and social event solutions.

What is the annual total installed capacity of E Factor Experiences Limited for Paracetamol production?

E Factor Experiences Limited primarily focuses on event management and does not manufacture pharmaceutical products like Paracetamol.

What are the key financial indicators of E Factor Experiences Limited as of March 31, 2023?

Total Assets: ₹5,674.80 lakhs

Total Revenue: ₹11,945.21 lakhs

Profit After Tax: ₹761.35 lakhs

Net Worth: ₹1,101.67 lakhs

Total Borrowings: ₹912.74 lakhs

What are the objectives of the E Factor Experiences IPO?

The company intends to utilize the proceeds from the IPO for the following purposes:

Investment in a subsidiary.

Meeting working capital requirements.

Repayment and/or pre-payment of certain borrowings.

General corporate purposes.

The post E Factor Experiences Limited IPO appeared first on SME IPO & Main Board .

Arabian Petroleum Limited IPO

Rahul Singh — Wed, 20 Sep 2023 05:57:13 +0000

The Arabian Petroleum Limited IPO is a fixed-price offering with a total issue size of Rs 20.24 crores. This IPO comprises entirely of a fresh issue of 28.92 lakh shares.

Here are the key details and dates:

Subscription Period: The Arabian Petroleum IPO opens for subscription on September 25, 2023, and closes on September 27, 2023.
Allotment Date: The final allotment for the Arabian Petroleum IPO is expected to be completed on Tuesday, October 3, 2023.
Listing Date: The shares from the Arabian Petroleum IPO are scheduled to list on NSE SME, with a tentative listing date set for Friday, October 6, 2023.
Price per Share: The IPO price for Arabian Petroleum is set at ₹70 per share.
Lot Size: The minimum lot size for an application is 2,000 shares.
Minimum Investment: Retail investors are required to invest a minimum of ₹140,000 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, which is equivalent to 4,000 shares, amounting to ₹280,000.
Key Players: Hem Securities Limited is the book running lead manager for the Arabian Petroleum IPO, while Purva Sharegistry India Pvt Ltd serves as the registrar for the issue.

For more detailed information and insights, potential investors are encouraged to refer to the Arabian Petroleum IPO Draft Red Herring Prospectus (DRHP). These details are essential for investors considering participation in the Arabian Petroleum IPO.

Arabian Petroleum IPO Details

IPO Date	September 25, 2023 to September 27, 2023
Listing Date	[.]
Face Value	₹10 per share
Price	₹70 per share
Lot Size	2000 Shares
Total Issue Size	2,892,000 shares (aggregating up to ₹20.24 Cr)
Fresh Issue	2,892,000 shares (aggregating up to ₹20.24 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	8,000,000
Share holding post issue	10,892,000
Market Maker portion	148,000 shares

Arabian Petroleum IPO Reservation

Other Shares Offered	50% of the net offer
Retail Shares Offered	50% of the net offer

Arabian Petroleum IPO Timeline (Tentative Schedule)

Arabian Petroleum IPO opens on September 25, 2023, and closes on September 27, 2023.

IPO Open Date	Monday, September 25, 2023
IPO Close Date	Wednesday, September 27, 2023
Basis of Allotment	Tuesday, October 3, 2023
Initiation of Refunds	Wednesday, October 4, 2023
Credit of Shares to Demat	Thursday, October 5, 2023
Listing Date	Friday, October 6, 2023
Cut-off time for UPI mandate confirmation	5 PM on September 27, 2023

Arabian Petroleum IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	2000	₹140,000
Retail (Max)	1	2000	₹140,000
HNI (Min)	2	4,000	₹280,000
Lot Size Calculator

Arabian Petroleum IPO Promoter Holding

Mr. Hemant Dalsukhrai Mehta and Mr. Manan Hemant Mehta are the company’s promoters.

Share Holding Pre Issue	100.00%
Share Holding Post Issue

About Arabian Petroleum Limited

Incorporated in 2006, Arabian Petroleum Limited manufactures a wide range of Lubricants including Specialty Oils, Coolants, etc. used for application in automobiles and industrial machines and appliances.

The company has two product divisions:

Automotive Lubricants – Arzol: This includes Two Wheeler Four Stroke Engine Oils, Passenger Car Motor Oils, Diesel Engine Oils, Gear and transmission Oils, Universal Tractor and Transmission Oils, Pump Set Oils, and Hydraulic Oils.
Industrial Lubricants – SPL: SPL brand of Industrial Lubricants provides products that improve productivity, reduce mechanical wear, prevent system failure, and reduce energy costs, by extending the efficiency and performance of machines.

Arabian Petroleum’s clientele comes from domestic and international markets spread across multiple industries, including pharmaceutical, FMCG, chemicals, steel, rubber and tyre, power, civil engineering, electrical appliances, textile, telecommunication, chemical, cables and conductors, and automobile industry, etc.

Company Financials

Arabian Petroleum IPO Financial Information (Restated)
Period Ended	31 Mar 2019	31 Mar 2020	31 Mar 2021	31 Dec 2021
Assets	3,151.24	3,726.85	5,031.88	7,070.66
Revenue	7,795.36	8,414.01	11,024.54	14,050.51
Profit After Tax	128.37	281.23	287.54	343.30
Net Worth	733.21	1,014.44	1,301.98	1,645.28
Reserves and Surplus	533.21	814.44	1,101.98	1,445.28
Total Borrowing	1,339.70	1,667.10	2,197.75	2,314.36

Objects of the Issue (Arabian Petroleum IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

To meet Working Capital requirements.
General Corporate Purpose.
To meet issue expenses.

Arabian Petroleum IPO Prospectus

› Arabian Petroleum IPO DRHP

Arabian Petroleum IPO Contact Details

Arabian Petroleum Limited
Plot 14-B, Morivali M.I.D.C.,
Opp. Positive Packaging, Ambernath (W),
Ambernath, Thane – 421505
Phone: +0251-2395601
Email: cs@arabianpetroleum.co.in
Website: https://www.arabianpetroleum.co.in/index.php

Arabian Petroleum IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/queries/

Arabian Petroleum IPO Lead Manager(s)

Hem Securities Limited (Past IPO Performance)

FAQs

What is the total issue size of the Arabian Petroleum IPO?

The Arabian Petroleum IPO has a total issue size of ₹20.24 crores, consisting entirely of a fresh issue of 28.92 lakh shares.

When is the subscription period for the Arabian Petroleum IPO?

The subscription period for the Arabian Petroleum IPO is from September 25, 2023, to September 27, 2023.

When will the allotment for the Arabian Petroleum IPO be finalized?

The final allotment for the Arabian Petroleum IPO is expected to be completed on Tuesday, October 3, 2023.

When is the listing date for shares from the Arabian Petroleum IPO?

The shares from the Arabian Petroleum IPO are tentatively scheduled to list on NSE SME on Friday, October 6, 2023.

What is the price per share for the Arabian Petroleum IPO?

The IPO price for Arabian Petroleum is set at ₹70 per share.

What is the minimum lot size for an application in the Arabian Petroleum IPO?

The minimum lot size for an application in the Arabian Petroleum IPO is 2,000 shares.

What is the minimum investment required for retail investors and HNIs to participate in the Arabian Petroleum IPO?

Retail investors need a minimum investment of ₹140,000 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, which is equivalent to 4,000 shares, amounting to ₹280,000.

Who are the key players involved in the Arabian Petroleum IPO?

Hem Securities Limited is the book running lead manager for the Arabian Petroleum IPO, while Purva Sharegistry India Pvt Ltd serves as the registrar for the issue.

Who are the promoters of Arabian Petroleum Limited?

Mr. Hemant Dalsukhrai Mehta and Mr. Manan Hemant Mehta are the promoters of the company.

What are the business divisions of Arabian Petroleum Limited?

Arabian Petroleum Limited has two product divisions:

Automotive Lubricants (Arzol): This includes a range of lubricants for two-wheelers, passenger cars, diesel engines, gears, tractors, pumps, and hydraulics.

Industrial Lubricants (SPL): SPL brand offers industrial lubricants that enhance machine performance, reduce wear, and prevent system failure.

What are the key financial indicators of Arabian Petroleum Limited as of December 31, 2021?

Total Assets: ₹7,070.66 lakhs

Total Revenue: ₹14,050.51 lakhs

Profit After Tax: ₹343.30 lakhs

Net Worth: ₹1,645.28 lakhs

Total Borrowings: ₹2,314.36 lakhs

What are the objectives of the Arabian Petroleum IPO?

The company intends to use the net proceeds from the issue for the following purposes:

Meeting working capital requirements.

General corporate purposes.

Covering issue expenses.

The post Arabian Petroleum Limited IPO appeared first on SME IPO & Main Board .

Newjaisa Technologies Limited IPO

Rahul Singh — Tue, 19 Sep 2023 11:17:21 +0000

The Newjaisa Technologies Limited IPO is a book-built offering with a total issue size of Rs 39.93 crores. This IPO comprises entirely of a fresh issue of 84.96 lakh shares.

Here are the key details and dates:

Subscription Period: The Newjaisa Technologies IPO opens for subscription on September 25, 2023, and closes on September 27, 2023.
Allotment Date: The final allotment for the Newjaisa Technologies IPO is expected to be completed on Wednesday, October 4, 2023.
Listing Date: The shares from the Newjaisa Technologies IPO are scheduled to list on NSE SME, with a tentative listing date set for Monday, October 9, 2023.
Price Band: The IPO price band for Newjaisa Technologies is in the range of ₹44 to ₹47 per share.
Lot Size: The minimum lot size for an application is 3,000 shares.
Minimum Investment: Retail investors are required to invest a minimum of ₹141,000 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, which is equivalent to 6,000 shares, amounting to ₹282,000.
Key Players: Indorient Financial Services Ltd is the book running lead manager for the Newjaisa Technologies IPO, while Bigshare Services Pvt Ltd serves as the registrar for the issue. Nikunj Stock Brokers is the market maker for the IPO.

For more detailed information and insights, potential investors are encouraged to refer to the Newjaisa Technologies IPO Red Herring Prospectus (RHP). These details are essential for investors considering participation in the Newjaisa Technologies IPO.

Newjaisa Technologies IPO Details

IPO Date	September 25, 2023 to September 27, 2023
Listing Date	[.]
Face Value	₹5 per share
Price Band	₹44 to ₹47 per share
Lot Size	3000 Shares
Total Issue Size	8,496,000 shares (aggregating up to ₹39.93 Cr)
Fresh Issue	8,496,000 shares (aggregating up to ₹39.93 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	23,687,472
Share holding post issue	32,183,472
Market Maker portion	426,000 shares Nikunj Stock Brokers

Newjaisa Technologies IPO Reservation

QIB Shares Offered	Not more than 50.00% of the Net offer
NII (HNI) Shares Offered	Not less than 15.00% of the Offer
Retail Shares Offered	Not less than 35.00% of the Offer

Newjaisa Technologies IPO Anchor Investors Details

Newjaisa Technologies IPO raises Rs 11.36 crore from anchor investors. Newjaisa Technologies IPO Anchor bid date is September 22, 2023.

Bid Date	September 22, 2023
Shares Offered	2418000
Anchor Portion Size (In Cr.)	11.36
Anchor lock-in period end date for 50% shares (30 Days)	November 17, 2023
Anchor lock-in period end date for remaining shares (90 Days)	February 13, 2024

Newjaisa Technologies IPO Timeline (Tentative Schedule)

Newjaisa Technologies IPO opens on September 25, 2023, and closes on September 27, 2023.

IPO Open Date	Monday, September 25, 2023
IPO Close Date	Wednesday, September 27, 2023
Basis of Allotment	Wednesday, October 4, 2023
Initiation of Refunds	Thursday, October 5, 2023
Credit of Shares to Demat	Friday, October 6, 2023
Listing Date	Monday, October 9, 2023
Cut-off time for UPI mandate confirmation	5 PM on September 27, 2023

Newjaisa Technologies IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	3000	₹141,000
Retail (Max)	1	3000	₹141,000
HNI (Min)	2	6,000	₹282,000
Lot Size Calculator

Newjaisa Technologies IPO Promoter Holding

Mr. Vishesh Handa and Mr. Mukunda Raghavendra are the company’s promoters.

Share Holding Pre Issue	94.23%
Share Holding Post Issue

About Newjaisa Technologies IPO

Incorporated in 2020, Newjaisa Technologies Limited provides refurbished electronics at discounted prices.

The company procures used gadgets such as laptops, desktops, and peripherals, refurbishes them and sells them directly to end-use customers businesses or retail. Currently, the Company is engaged in direct sales of IT Products i.e. Laptops/ Chromebooks, Desktops/Chromeboxes/ Monitors, and Accessories (Keyboard, Mouse, WiFi, Speakers) which is its key revenue model.

Newjaisa Technologies caters to the Pan India customer base which includes students, home users, SMEs, and working professionals via e-commerce and online platforms.

The company has over 347 (99 employees and 248 Interns) operating out of 28,750 Sq Ft delivering approximately 5,500 refurbished SKUs on a monthly basis.

Company Financials

Newjaisa Technologies IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	337.99	559.15	2,208.70
Revenue	960.71	2,792.50	4,453.23
Profit After Tax	73.36	180.19	675.57
Net Worth	74.36	254.55	930.12
Reserves and Surplus	73.36	218.55	894.12
Total Borrowing	162.64	181.82	743.70

Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
P/E (x)	15.51
ROE	72.63%
ROCE	72.63%
EPS (Rs)	3.03
RoNW	72.63%

Objects of the Issue (Newjaisa Technologies IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

Expansion of refurbishment facility and purchase of plant, machinery, and equipment.
Investment in technology development, Branding and marketing, and Funding Working Capital requirement.
Repayment of Bank facilities and General Corporate purposes.

Newjaisa Technologies IPO Prospectus

Newjaisa Technologies IPO Contact Details

Newjaisa Technologies Limited
207/B2, 2nd Cross Road, J.C, Industrial Estate
Bikasipura Main Road, Off Kanakpura Road,
Near Delhi Public School, Bangalore – 560078
Phone: +91 93901 77182
Email: cs@newjaisa.com
Website: https://newjaisa.com/

Newjaisa Technologies IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Newjaisa Technologies IPO Lead Manager(s)

Indorient Financial Services Ltd (Past IPO Performance)

FAQs

What is the total issue size of the Newjaisa Technologies IPO?

The Newjaisa Technologies IPO has a total issue size of ₹39.93 crores, consisting entirely of a fresh issue of 84.96 lakh shares.

When is the subscription period for the Newjaisa Technologies IPO?

The subscription period for the Newjaisa Technologies IPO is from September 25, 2023, to September 27, 2023.

When will the allotment for the Newjaisa Technologies IPO be finalized?

The final allotment for the Newjaisa Technologies IPO is expected to be completed on Wednesday, October 4, 2023.

When is the listing date for shares from the Newjaisa Technologies IPO?

The shares from the Newjaisa Technologies IPO are tentatively scheduled to list on NSE SME on Monday, October 9, 2023.

What is the price band for the Newjaisa Technologies IPO?

The price band for the Newjaisa Technologies IPO is in the range of ₹44 to ₹47 per share.

What is the minimum lot size for an application in the Newjaisa Technologies IPO?

The minimum lot size for an application in the Newjaisa Technologies IPO is 3,000 shares.

What is the minimum investment required for retail investors and HNIs to participate in the Newjaisa Technologies IPO?

Retail investors need a minimum investment of ₹141,000 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, which is equivalent to 6,000 shares, amounting to ₹282,000.

Who are the key players involved in the Newjaisa Technologies IPO?

Indorient Financial Services Ltd is the book running lead manager for the Newjaisa Technologies IPO, while Bigshare Services Pvt Ltd serves as the registrar for the issue. Nikunj Stock Brokers is the market maker for the IPO.

Who are the promoters of Newjaisa Technologies Limited?

Mr. Vishesh Handa and Mr. Mukunda Raghavendra are the promoters of the company.

What is the business model of Newjaisa Technologies Limited?

Newjaisa Technologies Limited provides refurbished electronics at discounted prices. They procure used gadgets, refurbish them, and sell them directly to end-use customers and businesses. They primarily deal in IT products such as laptops, desktops, monitors, and accessories.

What are the key financial indicators of Newjaisa Technologies Limited as of March 31, 2023?

Price/Earnings (P/E) Ratio: 15.51

Return on Equity (ROE): 72.63%

Return on Capital Employed (ROCE): 72.63%

Earnings Per Share (EPS): ₹3.03

Return on Net Worth (RoNW): 72.63%

What are the objectives of the Newjaisa Technologies IPO?

The company intends to utilize the net proceeds from the issue for the following purposes:

Expansion of refurbishment facility and purchase of plant, machinery, and equipment.

Investment in technology development, branding, marketing, and funding working capital requirements.

Repayment of bank facilities and general corporate purposes.

The post Newjaisa Technologies Limited IPO appeared first on SME IPO & Main Board .

Inspire Films Limited IPO

Rahul Singh — Tue, 19 Sep 2023 09:59:00 +0000

The Inspire Films Limited IPO is a book-built offering with a total issue size of Rs 21.19 crores. This IPO consists entirely of a fresh issue of 35.91 lakh shares.

Here are the key details and dates:

Subscription Period: The Inspire Films IPO is open for subscription from September 25, 2023, to September 27, 2023.
Allotment Date: The final allotment for the Inspire Films IPO is expected to be completed on Tuesday, October 3, 2023.
Listing Date: The shares from the Inspire Films IPO are set to list on NSE SME, with a tentative listing date scheduled for Friday, October 6, 2023.
Price Band: The IPO price band for Inspire Films is in the range of ₹56 to ₹59 per share.
Lot Size: The minimum lot size for an application is 2,000 shares.
Minimum Investment: Retail investors are required to invest a minimum of ₹118,000 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, which is equivalent to 4,000 shares, amounting to ₹236,000.
Key Players: Narnolia Financial Services Ltd is the book running lead manager for the Inspire Films IPO, while Maashitla Securities Private Limited serves as the registrar for the issue.

For more detailed information and insights, interested investors are advised to refer to the Inspire Films IPO Red Herring Prospectus (RHP). These details are crucial for potential investors considering participation in the Inspire Films IPO.

Inspire Films IPO Details

IPO Date	September 25, 2023 to September 27, 2023
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹56 to ₹59 per share
Lot Size	2000 Shares
Total Issue Size	3,591,000 shares (aggregating up to ₹21.19 Cr)
Fresh Issue	3,591,000 shares (aggregating up to ₹21.19 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	10,011,299
Share holding post issue	13,602,299
Market Maker portion	180,000 shares

Inspire Films IPO Reservation

QIB Shares Offered	Not more than 50.00% of the Net offer
NII (HNI) Shares Offered	Not less than 15.00% of the Offer
Retail Shares Offered	Not less than 35.00% of the Offer

Inspire Films IPO Timeline (Tentative Schedule)

Inspire Films IPO opens on September 25, 2023, and closes on September 27, 2023.

IPO Open Date	Monday, September 25, 2023
IPO Close Date	Wednesday, September 27, 2023
Basis of Allotment	Tuesday, October 3, 2023
Initiation of Refunds	Wednesday, October 4, 2023
Credit of Shares to Demat	Thursday, October 5, 2023
Listing Date	Friday, October 6, 2023
Cut-off time for UPI mandate confirmation	5 PM on September 27, 2023

Inspire Films IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	2000	₹118,000
Retail (Max)	1	2000	₹118,000
HNI (Min)	2	4,000	₹236,000
Lot Size Calculator

Inspire Films IPO Promoter Holding

Yash Arabinda Patnaik and Beyond Dreams Entertainment Private Limited are the company’s promoters.

Share Holding Pre Issue	93.98%
Share Holding Post Issue	69.17%

About Inspire Films IPO

Incorporated in 2012, Inspire Films Limited is engaged in the business of creation, production, distribution, and exhibition of television and digital content.

the company has three business verticals:

TV – Hindi GEC (General Entertainment Channels): This includes content creation for linear broadcast channels such as Star Plus, Star Bharat, Colors TV, Zee TV, Sony, Dangal, Shemaroo, etc. This is done through a contract basis which typically lasts for 1 year / 260 episodes (5 days a week)/ 312 episodes (6 days a week) or 1 year / 52-156 episodes (1-3 days a week) which then get renewed on yearly basis, based on the show performance. Each episode (including commercial advertisement) is a 30-60-minute slot.
Digital content and platform (OTT): This includes content created for OTT platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. The contracts for OTT are typically 8 to 10 episodes for 45-60-minute episodes and 25 to 60 episodes for 22-25-minute episodes, which then gets extended to multiple seasons based on the popularity of the season.
Regional content: This includes content produced for regional language channels such as Telugu, Tamil, Malayalam, Bengali, Marathi, etc. Both the models above apply in a similar manner in the regional space.

The company has produced over 10,000 episodes of popular content (35 originals) for leading Indian broadcasters and OTT platforms like Star Plus, Colors, Sony Entertainment Television, Disney+Hotstar, MX Player, Sony LIV, Jio Cinema, Voot Select, Channel V, Cartoon Network, Star Gold, Pogo, Disney Channel, Star Pravah, Tarang TV, Sun TV, Surya TV and others.

Company Financials

Inspire Films IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,849.54	3,053.87	4,159.88
Revenue	1,942.47	3,815.28	4,884.82
Profit After Tax	-83.00	25.92	404.82
Net Worth	780.37	806.29	1,311.22
Reserves and Surplus	779.37	805.29	1,310.16
Total Borrowing	1,025.55	359.95	836.85

Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
ROE	30.88%
ROCE	32.01%
Debt/Equity	0.64
RoNW	30.88%

Objects of the Issue (Inspire Films IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

To meet the Working Capital requirements of the Company.
To meet the General Corporate Purposes.
To meet the Issue Expenses.

Inspire Films IPO Prospectus

› Inspire Films IPO DRHP

Inspire Films IPO Contact Details

Inspire Films Limited
111, 1st Floor, Shree Kamdhenu Estate,
Chincholi Off Link Road, Bhd Tangent Showroom,
Charkop, Malad Mumbai – 400064
Phone: 022- 46095834
Email: compliance@inspirefilms.in
Website: http://www.inspirefilms.in/

Inspire Films IPO Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

Inspire Films IPO Lead Manager(s)

Narnolia Financial Services Ltd (Past IPO Performance)

FAQs

What is the total issue size of the Inspire Films Limited IPO?

The Inspire Films Limited IPO has a total issue size of ₹21.19 crores, consisting entirely of a fresh issue of 35.91 lakh shares.

When is the subscription period for the Inspire Films IPO?

The subscription period for the Inspire Films IPO is from September 25, 2023, to September 27, 2023.

When will the allotment for the Inspire Films IPO be finalized?

The final allotment for the Inspire Films IPO is expected to be completed on Tuesday, October 3, 2023.

When is the listing date for shares from the Inspire Films IPO?

The shares from the Inspire Films IPO are tentatively scheduled to list on NSE SME on Friday, October 6, 2023.

What is the price band for the Inspire Films IPO?

The price band for the Inspire Films IPO is in the range of ₹56 to ₹59 per share.

What is the minimum lot size for an application in the Inspire Films IPO?

The minimum lot size for an application in the Inspire Films IPO is 2,000 shares.

What is the minimum investment required for retail investors and HNIs to participate in the Inspire Films IPO?

Retail investors need a minimum investment of ₹118,000 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, which is equivalent to 4,000 shares, amounting to ₹236,000.

Who are the key players involved in the Inspire Films IPO?

Narnolia Financial Services Ltd is the book running lead manager for the Inspire Films IPO, while Maashitla Securities Private Limited serves as the registrar for the issue.

Who are the promoters of Inspire Films Limited?

Yash Arabinda Patnaik and Beyond Dreams Entertainment Private Limited are the promoters of the company.

What are the key business verticals of Inspire Films Limited?

Inspire Films Limited operates in three business verticals:

TV – Hindi GEC (General Entertainment Channels).

Digital content and platform (OTT).

Regional content for various languages.

What are the key financial indicators of Inspire Films Limited as of March 31, 2023?

Return on Equity (ROE): 30.88%

Return on Capital Employed (ROCE): 32.01%

Debt/Equity Ratio: 0.64

Return on Net Worth (RoNW): 30.88%

What are the objectives of the Inspire Films IPO?

The company intends to utilize the net proceeds from the issue for the following purposes:

To meet the Working Capital requirements of the Company.

To meet General Corporate Purposes.

To meet the Issue Expenses.

The post Inspire Films Limited IPO appeared first on SME IPO & Main Board .

Digikore Studios Limited IPO

Rahul Singh — Tue, 19 Sep 2023 06:20:30 +0000

The Digikore Studios Limited IPO is a book-built offering aiming to raise Rs 30.48 crores. It consists of a combination of a fresh issue of 12.61 lakh shares, amounting to Rs 21.56 crores, and an offer for sale of 5.22 lakh shares, totaling Rs 8.92 crores.

Here are the key IPO details:

Subscription Period: The Digikore Studios IPO subscription period is from September 25, 2023, to September 27, 2023.
Allotment Date: The allotment for the Digikore Studios IPO is expected to be finalized on Tuesday, October 3, 2023.
Listing Date: The shares from the Digikore Studios IPO will be listed on NSE SME, with a tentative listing date set as Friday, October 6, 2023.
Price Band: The price band for the Digikore Studios IPO is in the range of ₹168 to ₹171 per share.
Lot Size: The minimum lot size for an application is 800 shares.
Minimum Investment: Retail investors need a minimum investment of ₹136,800 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, equivalent to 1,600 shares, totaling ₹273,600.
Key Players: Sarthi Capital Advisors Private Limited serves as the book running lead manager for the Digikore Studios IPO, with Bigshare Services Pvt Ltd acting as the registrar for the issue. The market maker for the Digikore Studios IPO is Gretex Share Broking.

For more comprehensive information, prospective investors are encouraged to review the Digikore Studios IPO Red Herring Prospectus (RHP). These details offer valuable insights for investors considering participation in the Digikore Studios IPO.

Digikore Studios IPO Details

IPO Date	September 25, 2023 to September 27, 2023
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹168 to ₹171 per share
Lot Size	800 Shares
Total Issue Size	1,782,400 shares (aggregating up to ₹30.48 Cr)
Fresh Issue	1,260,800 shares (aggregating up to ₹21.56 Cr)
Offer for Sale	521,600 shares of ₹10 (aggregating up to ₹8.92 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share holding pre issue	5,072,000
Share holding post issue	6,332,800
Market Maker portion	178,400 shares Gretex Share Broking

Digikore Studios IPO Reservation

QIB Shares Offered	Not more than 50.00% of the Net offer
NII (HNI) Shares Offered	Not less than 15.00% of the Offer
Retail Shares Offered	Not less than 35.00% of the Offer

Digikore Studios IPO Timeline (Tentative Schedule)

Digikore Studios IPO opens on September 25, 2023, and closes on September 27, 2023.

IPO Open Date	Monday, September 25, 2023
IPO Close Date	Wednesday, September 27, 2023
Basis of Allotment	Tuesday, October 3, 2023
Initiation of Refunds	Wednesday, October 4, 2023
Credit of Shares to Demat	Thursday, October 5, 2023
Listing Date	Friday, October 6, 2023
Cut-off time for UPI mandate confirmation	5 PM on September 27, 2023

Digikore Studios IPO Lot Size

Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	800	₹136,800
Retail (Max)	1	800	₹136,800
HNI (Min)	2	1,600	₹273,600
Lot Size Calculator

Digikore Studios IPO Promoter Holding

Promoters of the company are Mr. Abhishek Rameshkumar More and M/s. Shree M P J Cement Works LLP.

Share Holding Pre Issue	93.38%
Share Holding Post Issue	66.55%

About Digikore Studios IPO

Incorporated in 2000, Digikore Studios Limited is a visual effects studio that offers a full suite of visual effects services.

The company offers Visual Effects (VFX) services for Films, Web Series, TV Series, Documentaries, and Commercials. Some of the notable works of Digikore Studios include Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Deadpool, Star Trek, Jumanji, Stranger Things, The Last Ship, Titanic, Gosht Rider: Spirit of Vengeance, Transformer: Age of Extinction, Crouching Tiger, Hidden Dragon: Sword of Destiny, etc.

Digikore Studios’ clientele mainly comes from India, Australia, New Zealand, the US, and European markets.

The company recorded Rs. 3555.83 Lacs, Rs. 2488.39 Lacs, and Rs. 615.53 Lacs in Total Revenue in fiscal 2023, 2022, and 2021 respectively.

Company Financials

Digikore Studios IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023	30 Jun 2023
Assets		825.18	1,932.42
Revenue	615.53	2,488.39	3,692.38	1,182.99
Profit After Tax	1.80	46.54	389.17	279.65
Net Worth	106.94	153.48	542.66	870.59
Reserves and Surplus	-11.46	35.08	424.26	752.19
Total Borrowing		349.46	608.55

Key Performance Indicator

KPI	Values
ROE	74.03%
ROCE	92.23%
Debt/Equity	1.03
EPS (Rs)	36.95
RoNW	74.03%

Objects of the Issue (Digikore Studios IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

Funding Working Capital requirements,
General Corporate Purposes, and
Offer Expenses.

Digikore Studios IPO Prospectus

› Digikore Studios IPO DRHP
› Digikore Studios IPO RHP

Digikore Studios IPO Contact Details

Digikore Studios Limited
C/o Poona Bottling Company Private Limited.,
410/1, 411/2, Mumbai Pune Road,
Dapodi, Pune – 411012
Phone: 020-35553555
Email: cs@digikore.com
Website: https://digikorevfx.com/

Digikore Studios IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Digikore Studios IPO Lead Manager(s)

Sarthi Capital Advisors Private Limited (Past IPO Performance)

FAQs

What is the total issue size of the Digikore Studios IPO?

The Digikore Studios IPO aims to raise ₹30.48 crores through a combination of a fresh issue of 12.61 lakh shares, amounting to ₹21.56 crores, and an offer for sale of 5.22 lakh shares, totaling ₹8.92 crores.

When is the subscription period for the Digikore Studios IPO?

The subscription period for the Digikore Studios IPO is from September 25, 2023, to September 27, 2023.

When will the allotment for the Digikore Studios IPO be finalized?

The allotment for the Digikore Studios IPO is expected to be finalized on Tuesday, October 3, 2023.

When is the listing date for shares from the Digikore Studios IPO?The shares from the Digikore Studios IPO are tentatively scheduled to list on NSE SME on Friday, October 6, 2023.

What is the price band for the Digikore Studios IPO?

The price band for the Digikore Studios IPO is in the range of ₹168 to ₹171 per share.

What is the minimum lot size for an application in the Digikore Studios IPO?

The minimum lot size for an application in the Digikore Studios IPO is 800 shares.

What is the minimum investment required for retail investors and HNIs to participate in the Digikore Studios IPO?

Retail investors need a minimum investment of ₹136,800 to participate in the IPO. High Net Worth Individuals (HNIs) have a minimum investment of 2 lots, equivalent to 1,600 shares, totaling ₹273,600.

Who are the key players involved in the Digikore Studios IPO?

Sarthi Capital Advisors Private Limited serves as the book running lead manager for the Digikore Studios IPO, with Bigshare Services Pvt Ltd acting as the registrar for the issue. Gretex Share Broking is the market maker for the Digikore Studios IPO.

Who are the promoters of Digikore Studios Limited?

Mr. Abhishek Rameshkumar More and M/s. Shree M P J Cement Works LLP are the promoters of the company.

What are the key financial indicators of Digikore Studios Limited as of June 30, 2023?

Return on Equity (ROE): 74.03%

Return on Capital Employed (ROCE): 92.23%

Debt/Equity Ratio: 1.03

Earnings Per Share (EPS): ₹36.95

Return on Net Worth (RoNW): 74.03%

What are the objectives of the Digikore Studios IPO?

The company intends to utilize the net proceeds from the issue for the following purposes:

Funding Working Capital requirements.

General Corporate Purposes.

Offer Expenses.

The post Digikore Studios Limited IPO appeared first on SME IPO & Main Board .