ipo-resource Archive - SME IPO & Main Board https://ipowhisky.com/iporesource/ Cheers! to your next 21% Wed, 04 Oct 2023 10:32:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.5 https://ipowhisky.com/wp-content/uploads/2023/07/cropped-Site-Icon-512X512-IPO-whisky-32x32.png ipo-resource Archive - SME IPO & Main Board https://ipowhisky.com/iporesource/ 32 32 Kontor Space Limited IPO https://ipowhisky.com/ipo-resource/kontor-space-limited-ipo-ipo/ https://ipowhisky.com/ipo-resource/kontor-space-limited-ipo-ipo/#respond Wed, 04 Oct 2023 10:28:31 +0000 https://ipowhisky.com/?post_type=docs&p=5613 The Kontor Space Limited IPO   is a fixed-price offering, raising a total of Rs 15.62 crores through the issuance of 16.8 lakh fresh shares. The IPO bidding for Kontor Space commenced on September 27, 2023, and concluded on October 3, 2023. The allotment of shares for this IPO is expected to be finalized on Thursday, October […]

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]]> The Kontor Space Limited IPO   is a fixed-price offering, raising a total of Rs 15.62 crores through the issuance of 16.8 lakh fresh shares.

The IPO bidding for Kontor Space commenced on September 27, 2023, and concluded on October 3, 2023. The allotment of shares for this IPO is expected to be finalized on Thursday, October 5, 2023. Kontor Space IPO is scheduled to be listed on the NSE SME platform with a tentative listing date set for Tuesday, October 10, 2023.

Investors had the opportunity to participate in the Kontor Space IPO at a fixed price of ₹93 per share. The minimum lot size for an application was set at 1,200 shares, requiring a minimum investment of ₹111,600 for retail investors.

High Net Worth Individuals (HNI) were required to invest in a minimum of 2 lots, equivalent to 2,400 shares, amounting to ₹223,200.

Srujan Alpha Capital Advisors Llp acted as the book running lead manager for the Kontor Space IPO, while Cameo Corporate Services Limited served as the registrar for the issue. The market maker for the Kontor Space IPO was Rikhav Securities.

For more comprehensive information about this IPO, please refer to the Kontor Space IPO RHP (Red Herring Prospectus).

Kontor Space IPO Details

IPO Date September 27, 2023 to October 3, 2023
Listing Date [.]
Face Value ₹10 per share
Price ₹93 per share
Lot Size 1200 Shares
Total Issue Size 1,680,000 shares
(aggregating up to ₹15.62 Cr)
Fresh Issue 1,680,000 shares
(aggregating up to ₹15.62 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue 4,500,000
Share holding post issue 6,180,000
Market Maker portion 86,400 shares
Rikhav Securities

Kontor Space IPO Reservation

Kontor Space IPO a total of 1,680,000 shares are offered. NII: 796,800 (47.43%), RII: 796,800 (47.43%).

Investor Category Shares Offered
Anchor Investor Shares Offered –
Market Maker Shares Offered 86,400 (5.14%)
Other Shares Offered 796,800 (47.43%)
Retail Shares Offered 796,800 (47.43%)
Total Shares Offered 1,680,000 (100%)

Kontor Space IPO Timeline (Tentative Schedule)

Kontor Space 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 Thursday, October 5, 2023
Initiation of Refunds Friday, October 6, 2023
Credit of Shares to Demat Monday, October 9, 2023
Listing Date Tuesday, October 10, 2023
Cut-off time for UPI mandate confirmation 5 PM on October 3, 2023

Kontor Space 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 ₹111,600
Retail (Max) 1 1200 ₹111,600
HNI (Min) 2 2,400 ₹223,200
Lot Size Calculator

Kontor Space IPO Promoter Holding

Mr. Kanak Mangal and Mrs. Neha Mittal are the company’s promoters.

Share Holding Pre Issue 98.20%
Share Holding Post Issue

About Kontor Space Limited

Incorporated in 2018, Kontor Space Limited provides space-as-a-service by renting and managing commercial spaces.

The company purchases the property and/or takes properties on rent, to sub-rent/sub-lease the same to single or multiple clients for their workspace requirements with or without furnishing the same as per their needs on a per-seat basis. The company further, invest in fit-outs to customize the property to suit the business model and renovate, and modernize the properties according to the working needs in terms of business requirements such as furniture, work-desks, open work area, cabins, meeting rooms, conference rooms, and other facilities.

The company operates its co-working space from 4 locations; one located in Thane West, Maharashtra; one located in Pune, Maharashtra and two in Mumbai (Fort$, and BKC), Maharashtra.

These areas are well-connected with roads, rail, and air, which reduces transportation costs and facilitates easy conveyance for the working professional consumption regions. The strategic establishment of these locations helps the company cater to the enormous domestic and international clientele. Kontor Space’s optimum capacity is ~730 seats, ~300 seats, ~60 seats, and ~120 seats from its Thane, Pune, Fort$, and BKC centres respectively.

Company Financials

Kontor Space IPO Financial Information (Restated)
Period Ended 31 Mar 2021 31 Mar 2022 31 Mar 2023
Assets 535.84 580.82 1,295.31
Revenue 390.24 403.75 917.84
Profit After Tax -61.75 30.44 187.88
Net Worth 44.87 75.31 464.67
Reserves and Surplus -155.13 -124.69 64.67
Total Borrowing 203.75 210.32 552.79
Amount in ₹ Lakhs

Key Performance Indicator

Kontor Space IPO Market Cap is Rs 57.47 Cr and P/E (x) is 22.27.

KPI Values
P/E (x) 22.27
Market Cap (₹ Cr.) 57.47
ROE 40.82%
ROCE 31.19%
Debt/Equity 1.19
EPS (Rs) 9.46
RoNW 40.82%
Check Kontor Space IPO Peer Comparison here.

Objects of the Issue (Kontor Space IPO Objectives)

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

  1. To make the payment of Rental Deposits of new co-working centers.
  2. To carry out the Capital Expenditure for fit-outs of new co-working centers.
  3. General Corporate Purpose.

Kontor Space IPO Subscription Status (Bidding Detail)

The Kontor Space IPO is subscribed 70.97 times on Oct 3, 2023 7:30:00 PM. The public issue subscribed 95.49 times in the retail category, times in the QIB category, and 41.87 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times)
Other 41.87
Retail 95.49
Total 70.97

Total Application : 63,408 (95.49 times)

Kontor Space IPO Prospectus

Kontor Space IPO Contact Details

Kontor Space Limited
Office No. A1 & B1, 9th Floor,
Ashar IT Park Road No. 16 Z,
Wagle Industrial Estate, Thane West – 400604
Phone: +91 022- 62790001
Email: info@kontorspace.in
Website: https://kontorspace.in/index.php

Kontor Space IPO Registrar

Cameo Corporate Services Limited

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

Kontor Space IPO Lead Manager(s)

Srujan Alpha Capital Advisors Llp (Past IPO Performance)

FAQs

  • What is the total value of the Kontor Space IPO, and what type of issue is it?
    • The Kontor Space IPO has a total value of Rs 15.62 crores, and it is a fixed-price offering consisting entirely of a fresh issue of 16.8 lakh shares.
  • When did the subscription period for the Kontor Space IPO start and end?
    • The subscription period for the Kontor Space IPO began on September 27, 2023, and concluded on October 3, 2023.
  • When is the expected listing date for Kontor Space shares, and on which exchange will they be listed?
    • Kontor Space shares are tentatively scheduled to be listed on the NSE SME platform on Tuesday, October 10, 2023.
  • What was the fixed price for Kontor Space IPO shares, and what was the minimum lot size for retail investors?
    • The fixed price for Kontor Space IPO shares was ₹93 per share, and the minimum lot size for retail investors was 1,200 shares, requiring a minimum investment of ₹111,600.
  • Who served as the book running lead manager for the Kontor Space IPO, and who was the registrar for the issue?
    • Srujan Alpha Capital Advisors Llp acted as the book running lead manager, and Cameo Corporate Services Limited served as the registrar for the Kontor Space IPO. Rikhav Securities was the market maker.
  • What is the subscription status of the Kontor Space IPO as of October 3, 2023?
    • As of October 3, 2023, the Kontor Space IPO is subscribed 70.97 times, with strong demand from retail investors (95.49 times), non-institutional investors (41.87 times), and others (41.87 times).
  • Who are the promoters of Kontor Space Limited?
    • The promoters of Kontor Space Limited are Mr. Kanak Mangal and Mrs. Neha Mittal.
  • What are the primary services provided by Kontor Space Limited?
    • Kontor Space Limited provides space-as-a-service by renting and managing commercial spaces, offering co-working solutions with customized amenities.
  • What are the financial indicators of Kontor Space Limited based on the latest available data?
    • As of the latest available data, Kontor Space Limited had a market cap of Rs 57.47 crores, a P/E ratio of 22.27, an ROE of 40.82%, and an ROCE of 31.19%.
  • How does Kontor Space Limited plan to use the net proceeds from the IPO?

Kontor Space Limited intends to utilize the net proceeds from the IPO to make payment for rental deposits of new co-working centers, carry out capital expenditure for fit-outs of new co-working centers, and for general corporate purposes.

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]]> https://ipowhisky.com/ipo-resource/kontor-space-limited-ipo-ipo/feed/ 0 Oneclick Logistics India Limited IPO https://ipowhisky.com/ipo-resource/oneclick-logistics-india-limited-ipo/ https://ipowhisky.com/ipo-resource/oneclick-logistics-india-limited-ipo/#respond Tue, 03 Oct 2023 12:57:20 +0000 https://ipowhisky.com/?post_type=docs&p=5609 The Oneclick Logistics India Limited IPO is a fixed-price offering with a total value of Rs 9.91 crores, comprising an entirely fresh issue of 10.01 lakh shares. The subscription period for the Oneclick Logistics India IPO opened on September 27, 2023, and is set to close today, October 3, 2023. The allotment of shares for […]

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]]> The Oneclick Logistics India Limited IPO is a fixed-price offering with a total value of Rs 9.91 crores, comprising an entirely fresh issue of 10.01 lakh shares.

The subscription period for the Oneclick Logistics India IPO opened on September 27, 2023, and is set to close today, October 3, 2023. The allotment of shares for this IPO is expected to be finalized on Friday, October 6, 2023. Oneclick Logistics India IPO is scheduled to be listed on the NSE SME platform with a tentative listing date of Wednesday, October 11, 2023.

Investors have the opportunity to participate in the Oneclick Logistics India IPO at a fixed price of ₹99 per share. The minimum lot size for an application is 1,200 shares, requiring a minimum investment of ₹118,800 for retail investors.

High Net Worth Individuals (HNI) are required to invest in a minimum of 2 lots, equivalent to 2,400 shares, amounting to ₹237,600.

Fedex Securities Pvt Ltd is serving as the book running lead manager for the Oneclick Logistics India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for the Oneclick Logistics India IPO is Ss Corporate Securities.

For more detailed information about this IPO, please refer to the Oneclick Logistics India IPO RHP (Red Herring Prospectus).

Oneclick Logistics India IPO Details

IPO Date September 27, 2023 to October 3, 2023
Listing Date [.]
Face Value ₹10 per share
Price ₹99 per share
Lot Size 1200 Shares
Total Issue Size 1,000,800 shares
(aggregating up to ₹9.91 Cr)
Fresh Issue 1,000,800 shares
(aggregating up to ₹9.91 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue 2,603,000
Share holding post issue 3,603,800
Market Maker portion 52,800 shares
Ss Corporate Securities

Oneclick Logistics India IPO Reservation

Oneclick Logistics India IPO a total of 1,000,800 shares are offered. NII: 474,000 (47.36%), RII: 474,000 (47.36%).

Investor Category Shares Offered
Anchor Investor Shares Offered –
Market Maker Shares Offered 52,800 (5.28%)
Other Shares Offered 474,000 (47.36%)
Retail Shares Offered 474,000 (47.36%)
Total Shares Offered 1,000,800 (100%)

Oneclick Logistics India IPO Timeline (Tentative Schedule)

Oneclick Logistics India 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

Oneclick Logistics India 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 ₹118,800
Retail (Max) 1 1200 ₹118,800
HNI (Min) 2 2,400 ₹237,600
Lot Size Calculator

Oneclick Logistics India IPO Promoter Holding

Mr. Rajan Shivram Mote and Mr. Mahesh Liladhar Bhanushali are the company’s promoters.

Share Holding Pre Issue 93.00%
Share Holding Post Issue 67.17%

About Oneclick Logistics India Limited

Incorporated in 2017, Oneclick Logistics India Limited is an integrated logistics services and solutions provider.

The company’s service list can be broadly categorized as:

  1. Non-vessel operating common carrier (NVOCC).
  2. Ocean and air freight forwarding (Freight Forwarding).
  3. Bulk cargo handling (Bulk Cargo).
  4. Custom clearance.
  5. Allied logistics and transportation services.

Oneclick Logistics offers its customers a single-window solution thereby negating the need to approach multiple service providers at different levels in the chain of logistics services. The company’s services include container handling, clearing and forwarding, customs clearance, brake bulk handling, brokerage, recovery of all types of claims including customs and insurance, warehousing, distribution and supply chain management, port and terminal operations, and container freight station operations.

The company’s clientele comes from India, China, Europe, Singapore and Malaysia. The company operates in all major ports in India as well as private ports such as Nhava Sheva, Mundra, Delhi ICD, Pipavav, Chennai, and ICD Ahmedabad.

Company Financials

Oneclick Logistics India IPO Financial Information (Restated)
Period Ended 31 Mar 2020 31 Mar 2021 31 Mar 2022
Assets 446.41 489.41 997.97
Revenue 1,167.35 1,332.79 3,520.95
Profit After Tax 32.61 101.83 129.69
Net Worth 65.42 185.50 265.85
Reserves and Surplus 20.20 98.12 157.22
Total Borrowing
Amount in ₹ Lakhs

Key Performance Indicator

Oneclick Logistics India IPO Market Cap is Rs 35.68 Cr and P/E (x) is 0.51.

KPI Values
P/E (x) 0.51
Post P/E (x) 24.3
Market Cap (₹ Cr.) 35.68
ROE 95.09%
ROCE 27.00%
Debt/Equity 9.43
EPS (Rs) 4.08
RoNW 95.09%
Check Oneclick Logistics India IPO Peer Comparison here.

Objects of the Issue (Oneclick Logistics India IPO Objectives)

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

  1. Meeting incremental working capital requirements.
  2. General corporate purposes.

Oneclick Logistics India IPO Subscription Status (Bidding Detail)

The Oneclick Logistics India IPO is subscribed 185.21 times on Oct 3, 2023 5:46:00 PM. The public issue subscribed 224.18 times in the retail category, [.] times in the QIB category, and 139.45 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times) Shares Offered Shares bid for
NII* 139.45 4,74,000 6,61,00,800
Retail 224.18 4,74,000 10,62,63,600
Total 185.21 9,48,000 17,55,78,000

Total Application : 88,553 (224.18 times)

*Market Maker portion is not included to NII/HNI.

Oneclick Logistics India IPO Prospectus

Oneclick Logistics India IPO Contact Details

Oneclick Logistics India Limited
511, 5th Floor, Goldcrest Business Park,
LBS Marg, Opp Shreyes Cinema,
Ghatkopar West, Mumbai – 400086
Phone: 022 2500 1717
Email: compliance@1click.co.in
Website: https://www.1click.co.in/

Oneclick Logistics India IPO Registrar

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

Oneclick Logistics India IPO Lead Manager(s)

  1. Fedex Securities Pvt Ltd (Past IPO Performance)

FAQs

 

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]]> https://ipowhisky.com/ipo-resource/oneclick-logistics-india-limited-ipo/feed/ 0 Vinyas Innovative Technologies Limited IPO https://ipowhisky.com/ipo-resource/vinyas-innovative-technologies-limited-ipo/ https://ipowhisky.com/ipo-resource/vinyas-innovative-technologies-limited-ipo/#respond Tue, 03 Oct 2023 11:54:14 +0000 https://ipowhisky.com/?post_type=docs&p=5607 The Vinyas Innovative Technologies Limited IPO is a book-built offering with a total value of Rs 54.66 crores, comprising an entirely fresh issue of 33.13 lakh shares. The subscription period for the Vinyas Innovative Technologies IPO opened on September 27, 2023, and is set to close today, October 3, 2023. The allotment of shares for […]

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]]> The Vinyas Innovative Technologies Limited IPO is a book-built offering with a total value of Rs 54.66 crores, comprising an entirely fresh issue of 33.13 lakh shares.

The subscription period for the Vinyas Innovative Technologies IPO opened on September 27, 2023, and is set to close today, October 3, 2023. The allotment of shares for this IPO is expected to be finalized on Wednesday, October 4, 2023. The shares of Vinyas Innovative Technologies are scheduled to be listed on the NSE SME platform with a tentative listing date set for Friday, October 6, 2023.

Investors had the opportunity to participate in the Vinyas Innovative Technologies IPO within a price range of ₹162 to ₹165 per share. The minimum lot size for an application was set at 800 shares, requiring a minimum investment of ₹132,000 for retail investors.

High Net Worth Individuals (HNI) were required to invest in a minimum of 2 lots, equivalent to 1,600 shares, amounting to ₹264,000.

Sarthi Capital Advisors Private Limited acted as the book running lead manager for the Vinyas Innovative Technologies IPO, while Skyline Financial Services Private Ltd served as the registrar for the issue. The market maker for the Vinyas Innovative Technologies IPO was Gretex Share Broking.

For more detailed information about this IPO, please refer to the Vinyas Innovative Technologies IPO RHP (Red Herring Prospectus).

Vinyas Innovative Technologies IPO Details

IPO Date September 27, 2023 to October 3, 2023
Listing Date [.]
Face Value ₹10 per share
Price Band ₹162 to ₹165 per share
Lot Size 800 Shares
Total Issue Size 3,312,800 shares
(aggregating up to ₹54.66 Cr)
Fresh Issue 3,312,800 shares
(aggregating up to ₹54.66 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue 9,271,926
Share holding post issue 12,584,726
Market Maker portion 166,400 shares
Gretex Share Broking

Vinyas Innovative Technologies IPO Reservation

Vinyas Innovative Technologies IPO a total of 3,312,800 shares are offered. QIB: 629,600 (19.01%), NII: 472,000 (14.25%), RII: 1,101,600 (33.25%).

Investor Category Shares Offered
Anchor Investor Shares Offered 943,200 (28.47%)
Market Maker Shares Offered 166,400 (5.02%)
QIB Shares Offered 629,600 (19.01%)
NII (HNI) Shares Offered 472,000 (14.25%)
Retail Shares Offered 1,101,600 (33.25%)
Total Shares Offered 3,312,800 (100%)

Vinyas Innovative Technologies IPO Anchor Investors Details

Vinyas Innovative Technologies IPO raises Rs 15.56 crore from anchor investors. Vinyas Innovative Technologies IPO Anchor bid date is September 26, 2023. Vinyas Innovative Technologies IPO Anchor Investors list

Bid Date September 26, 2023
Shares Offered 943,200
Anchor Portion Size (In Cr.) 15.56
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

Vinyas Innovative Technologies IPO Timeline (Tentative Schedule)

Vinyas Innovative Technologies 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 Wednesday, October 4, 2023
Initiation of Refunds Thursday, October 5, 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 October 3, 2023

Vinyas Innovative Technologies 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 ₹132,000
Retail (Max) 1 800 ₹132,000
HNI (Min) 2 1,600 ₹264,000
Lot Size Calculator

Vinyas Innovative Technologies IPO Promoter Holding

Mr. Narendra Narayanan, Mrs. Meera Narendra, and Mr. Narendra Sumukh are the company’s promoters.

Share Holding Pre Issue 39.87%
Share Holding Post Issue 29.37%

About Vinyas Innovative Technologies Limited

Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in Electronic Industry.

The company offers Build to Print (B2P) and Build to Specification (B2S) services to the clients.

  • Build to Print (B2P) services involve the client providing the design for the product for which the company provides agile and flexible manufacturing services.
  • Build to Specification (B2S) services involve utilizing the company’s own design capabilities to design the relevant product based on the specifications provided by the client and manufacturing the product.

Vinyas’ solutions primarily comprise: (i) printed circuit board (PCB) assembly (PCBA), and (ii) box builds which are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment.

The Company is the preferred partner for Global OEMs and ODMs by offering end-to-end solutions ranging from Design for Manufacturability, Supply Chain Management, PCB assembly, advanced test solutions, Product Integration, and after-market support.

Company Financials

Vinyas Innovative Technologies IPO Financial Information (Restated)
Period Ended 31 Mar 2021 31 Mar 2022 31 Mar 2023
Assets 18,458.95 22,149.04 21,598.64
Revenue 20,780.50 21,216.30 23,885.41
Profit After Tax 123.15 100.88 734.34
Net Worth 3,069.38 3,144.74 4,522.99
Reserves and Surplus 2,695.17 2,770.54 4,178.79
Total Borrowing 9,365.89 9,542.58 8,571.01
Amount in ₹ Lakhs

Key Performance Indicator

Vinyas Innovative Technologies IPO Market Cap is Rs 207.65 Cr and P/E (x) is 8.4.

KPI Values
P/E (x) 8.4
Post P/E (x) 28.3
Market Cap (₹ Cr.) 207.65
ROE 16.13%
ROCE 35.20%
Debt/Equity 1.88
EPS (Rs) 19.62
RoNW 16.13%
Check Vinyas Innovative Technologies IPO Peer Comparison here.

Objects of the Issue (Vinyas Innovative Technologies IPO Objectives)

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

  1. Working Capital requirements of the company.
  2. General Corporate Purposes.
  3. To meet Issue Expenses.

Vinyas Innovative Technologies IPO Subscription Status (Bidding Detail)

The Vinyas Innovative Technologies IPO is subscribed 43.24 times on Oct 3, 2023 4:59:00 PM. The public issue subscribed 21.27 times in the retail category, 42.74 times in the QIB category, and 95.16 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times) Shares Offered Shares bid for
QIB 42.74 6,29,600 2,69,11,200
NII* 95.16 4,72,000 4,49,16,800
Retail 21.27 11,01,600 2,34,30,400
Total 43.24 22,03,200 9,52,58,400

Total Application : 29,288 (21.27 times)

Vinyas Innovative Technologies IPO Prospectus

  •   ›  Vinyas Innovative Technologies IPO DRHP
  •   ›  Vinyas Innovative Technologies IPO RHP
  •   ›  Anchor Investors in Vinyas Innovative Technologies IPO

Vinyas Innovative Technologies IPO Contact Details

Vinyas Innovative Technologies Limited
Plot No. 19, Survey No. 26 & 273-P,
3 rd Phase, Koorgalli Industrial Area,
Ilawala Hobali, Mysore – 570018
Phone: +91 821 2404444
Email: secretarial@vinyasit.com
Website: https://www.vinyasit.com/

Vinyas Innovative Technologies IPO Registrar

Skyline Financial Services Private Ltd

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

Vinyas Innovative Technologies IPO Lead Manager(s)

  1. Sarthi Capital Advisors Private Limited (Past IPO Performance)

FAQs

What is the total value of the Vinyas Innovative Technologies IPO, and what does it comprise?

The Vinyas Innovative Technologies IPO has a total value of Rs 54.66 crores, consisting of an entirely fresh issue of 33.13 lakh shares.

When did the subscription period for the Vinyas Innovative Technologies IPO open and close?

The subscription period for the Vinyas Innovative Technologies IPO opened on September 27, 2023, and closed on October 3, 2023.

What was the price range for Vinyas Innovative Technologies IPO shares, and what was the minimum lot size for retail investors?

Investors could participate in the Vinyas Innovative Technologies IPO within a price range of ₹162 to ₹165 per share, with a minimum lot size of 800 shares, requiring an investment of ₹132,000 for retail investors.

Who were the key players involved in managing the Vinyas Innovative Technologies IPO?

Sarthi Capital Advisors Private Limited acted as the book running lead manager, and Skyline Financial Services Private Ltd served as the registrar for the Vinyas Innovative Technologies IPO. Gretex Share Broking was the market maker.

What are the primary services provided by Vinyas Innovative Technologies Limited?

Vinyas Innovative Technologies Limited offers design, engineering, and electronics manufacturing services to global OEMs and ODMs in the electronic industry, including Build to Print (B2P) and Build to Specification (B2S) services.

What are the financial indicators of Vinyas Innovative Technologies as of the latest available data?

As of the latest available data, Vinyas Innovative Technologies had a market cap of Rs 207.65 crores, a P/E ratio of 8.4, an ROE of 16.13%, and an ROCE of 35.20%.

What are the main objectives for which Vinyas Innovative Technologies intends to utilize the net proceeds from the IPO?

Vinyas Innovative Technologies plans to use the net proceeds from the IPO for working capital requirements, general corporate purposes, and to meet issue expenses.

 

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]]> https://ipowhisky.com/ipo-resource/vinyas-innovative-technologies-limited-ipo/feed/ 0 Karnika Industries Limited IPO https://ipowhisky.com/ipo-resource/karnika-industries-limited-ipo/ https://ipowhisky.com/ipo-resource/karnika-industries-limited-ipo/#respond Tue, 26 Sep 2023 06:04:20 +0000 https://ipowhisky.com/?post_type=docs&p=5588 Karnika Industries Limited is set to launch its IPO, offering fresh shares worth Rs 25.07 crores. The subscription period runs from September 29 to October 4, 2023. The IPO price is ₹76 per share, with a minimum lot size of 1600 shares. Beeline Capital Advisors Pvt Ltd is the lead manager. For detailed information, please refer to the Red Herring Prospectus. Invest in this garment manufacturing and exporting company for potential growth.

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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:

  1. To Meet Working Capital Requirement.
  2. General Corporate Purpose.
  3. 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)

  1. 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 .

]]> https://ipowhisky.com/ipo-resource/karnika-industries-limited-ipo/feed/ 0 Plada Infotech Services Limited IPO https://ipowhisky.com/ipo-resource/plada-infotech-services-limited-ipo/ https://ipowhisky.com/ipo-resource/plada-infotech-services-limited-ipo/#respond Tue, 26 Sep 2023 05:50:07 +0000 https://ipowhisky.com/?post_type=docs&p=5583 Plada Infotech Services is set to launch its IPO with a total value of Rs 12.36 crores, featuring a fresh issue of 25.74 lakh shares. The subscription period begins on September 29, 2023, and ends on October 4, 2023, with a tentative listing date on October 12, 2023. The IPO price is ₹48 per share, and the minimum lot size is 3000 shares. For detailed information, refer to the Red Herring Prospectus. Invest in this BPO services provider for potential growth.

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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:

  1. 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.
  2. 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.
  3. 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.
  4. 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:

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

Plada Infotech Services IPO Prospectus

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)

  1. 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.

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.

 

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]]> https://ipowhisky.com/ipo-resource/plada-infotech-services-limited-ipo/feed/ 0 Indorient Financial Services Ltd IPO https://ipowhisky.com/ipo-resource/indorient-financial-services-ltd-ipo/ https://ipowhisky.com/ipo-resource/indorient-financial-services-ltd-ipo/#respond Tue, 26 Sep 2023 05:28:15 +0000 https://ipowhisky.com/?post_type=docs&p=5585 Indorient Financial Services is an Investment Banking firm that offers an extensive array of financial services, encompassing various Capital Market transactions. Indorient specializes in helping companies secure capital through Initial Public Offerings (IPOs) and Follow-on Public Offerings (FPOs). They provide valuable guidance to potential issuers on essential aspects such as determining the transaction size, timing, […]

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Indorient Financial Services is an Investment Banking firm that offers an extensive array of financial services, encompassing various Capital Market transactions.

Indorient specializes in helping companies secure capital through Initial Public Offerings (IPOs) and Follow-on Public Offerings (FPOs). They provide valuable guidance to potential issuers on essential aspects such as determining the transaction size, timing, structural considerations, execution strategies, and the selection of intermediary entities.

Their Capital Market Services at a glance include:

  1. Initial Public Offerings (IPOs): Assisting companies in launching their shares to the public market for the first time.
  2. Qualified Institutional Placement (QIP): Facilitating the placement of securities with qualified institutional buyers.
  3. Private Equity Funding: Supporting companies in securing private equity investments.
  4. Global Depository Receipts and Indian Depository Receipts Advisory: Providing guidance and advisory services on the issuance of GDRs and IDRs.
  5. Issuance of Foreign Currency Convertible Bonds: Assisting in the issuance of bonds convertible into foreign currencies.
  6. Right Issue, Bonus Issue, Sweat Equity Shares (ESOS/ESPS) Advisory: Offering advice on various corporate actions, including rights issues, bonus issues, and equity-based compensation plans like ESOS and ESPS.

Indorient plays a crucial role in helping companies navigate the complexities of capital markets, ensuring they make informed decisions and execute successful financial transactions.

Indorient Financial Services Ltd
Plot No. – C – 59 Platina G Block,
G Block BKC, Bandra Kurla Complex,
Bandra East, Mumbai, Maharashtra 400051

Website:  http://indorient.in/
Email:  info@indorient.in
Phone: +91 22 4006 6713
Fax:

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]]> https://ipowhisky.com/ipo-resource/indorient-financial-services-ltd-ipo/feed/ 0 Sharp Chucks And Machines Limited IPO https://ipowhisky.com/ipo-resource/sharp-chucks-and-machines-limited-ipo/ https://ipowhisky.com/ipo-resource/sharp-chucks-and-machines-limited-ipo/#respond Mon, 25 Sep 2023 11:42:50 +0000 https://ipowhisky.com/?post_type=docs&p=5574 Sharp Chucks And Machines Limited is gearing up for its IPO valued at Rs 16.84 crores, featuring a mix of a fresh issue of 9.75 lakh shares (Rs 5.66 crores) and an offer for sale of 19.29 lakh shares (Rs 11.19 crores). The subscription window runs from September 29 to October 4, 2023, with an expected listing date on October 12, 2023, on NSE SME. Priced at ₹58 per share, the minimum lot size is 1200 shares, requiring a minimum investment of ₹69,600 for retail investors and ₹208,800 for HNIs. The funds will support working capital and general corporate purposes. Fedex Securities Pvt Ltd is the lead manager, while Skyline Financial Services Private Ltd is the registrar. For a comprehensive understanding, consult the Red Herring Prospectus once available.

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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:

  1. 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.
  1. 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.
  2. 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:

  1. Funding of working capital requirements; and
  2. General corporate purposes.

Sharp Chucks And Machines  Prospectus

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)

  1. 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.

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

]]> https://ipowhisky.com/ipo-resource/sharp-chucks-and-machines-limited-ipo/feed/ 0 Vishnusurya Projects and Infra Limited IPO https://ipowhisky.com/ipo-resource/vishnusurya-projects-and-infra-limited-ipo/ https://ipowhisky.com/ipo-resource/vishnusurya-projects-and-infra-limited-ipo/#respond Mon, 25 Sep 2023 11:37:45 +0000 https://ipowhisky.com/?post_type=docs&p=5567 ishnusurya Projects and Infra is launching its ₹49.98 crore IPO with 73.5 lakh fresh shares at ₹68 per share. The subscription window is from September 29 to October 4, 2023, with listing anticipated on October 12, 2023, on NSE SME. Retail investors can apply with a minimum of ₹136,000, while HNIs need ₹272,000 for 2 lots (4,000 shares). The proceeds will fund working capital, debt repayment, and general corporate purposes. For comprehensive details, refer to the Red Herring Prospectus once available. Khandwala Securities is the lead manager, and Cameo Corporate Services is the registrar.

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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:

  1. 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.
  2. 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.
  3. 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:

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

Vishnusurya Projects and Infra IPO Prospectus

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)

  1. 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.

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]]> https://ipowhisky.com/ipo-resource/vishnusurya-projects-and-infra-limited-ipo/feed/ 0 Committed Cargo Care Limited IPO https://ipowhisky.com/ipo-resource/committed-cargo-care-limited-ipo-2/ https://ipowhisky.com/ipo-resource/committed-cargo-care-limited-ipo-2/#respond Mon, 25 Sep 2023 10:56:21 +0000 https://ipowhisky.com/?post_type=docs&p=5565 Committed Cargo Care Limited is set to launch its IPO, consisting of a fresh issue of 32.44 lakh shares. The IPO dates and price bands have yet to be disclosed. Fedex Securities Pvt Ltd is the appointed book manager. Committed Cargo Care provides logistics services, serving various sectors in India. Detailed information will be available in the Draft Red Herring Prospectus (DRHP). Retail investors are allotted 50% of the net issue. For more details, investors are advised to refer to the DRHP once released.

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]]> 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:

  1. Meeting working capital requirements.
  2. 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)

  1. 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.

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]]> https://ipowhisky.com/ipo-resource/committed-cargo-care-limited-ipo-2/feed/ 0 E Factor Experiences Limited IPO https://ipowhisky.com/ipo-resource/e-factor-experiences-limited-ipo/ https://ipowhisky.com/ipo-resource/e-factor-experiences-limited-ipo/#respond Thu, 21 Sep 2023 07:29:40 +0000 https://ipowhisky.com/?post_type=docs&p=5555 The E Factor Experiences Limited IPO, valued at ₹25.92 crores, opens for subscription from September 27 to October 3, 2023. This book-built IPO includes 34.56 lakh fresh shares at a price range of ₹71 to ₹75 per share. Retail investors can participate with a minimum investment of ₹120,000. E Factor Experiences specializes in event management, providing a wide range of event services.

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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 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)

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.

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